If you have placed a bid for the Oswal Pumps IPO, which opened on June 13 and closed on Jun 17, your wait is nearly over. The allotment of shares is expected to be finalised today, June 18, while the listing is scheduled for June 20.
The price band for the IPO was set at Rs 614 per share.
Here’s a quick and easy guide to check your IPO allotment status online.
How to check IPO allotment status
Via BSE Website
Go to the BSE IPO allotment status page.
Select ‘Equity’ as the issue type.
From the dropdown, choose ‘Oswal Pumps IPO’.
Enter your application number or PAN.
Complete the captcha by ticking ‘I’m not a robot’ and click on Search.
Via NSE Website
Visit the NSE IPO application tracking page.
Then, click on ‘Equity and SME IPO Bid Details’.
Select ‘Oswal Pumps IPO’ from the list.
Provide the details such as your application number and PAN.
Submit to view your allotment status.
Via the Registrar’s Website
Go to the official site of the registrar MUFG Intime.
Select ‘Oswal Pumps IPO’ from the dropdown.
Choose any of the following: PAN, Application Number, DP ID/Client ID, or Bank Account Number.
Fill in the necessary details and press Search to check your status.
Oswal Pumps IPO subscription snapshot
The Oswal Pumps IPO by the end of the bidding window, the overall subscription stood at 34.42 times.
Qualified Institutional Buyers (QIBs): 88.08 times
Non-Institutional Investors (NIIs): 36.70 times
Retail Investors: 3.60 times
Oswal Pumps IPO grey Market
The grey market premium (GMP) for Oswal Pumps IPO is currently around Rs 60, suggesting a likely listing price of Rs 674. This translates to a potential gain of around 9.77% from the upper end of the price band. However, GMP is unofficial and may not always reflect actual listing performance.
Oswal Pumps IPO IPO details
The public issue of Oswal Pumps IPO was open for subscription from June 13 to June 17, with the company aiming to raise Rs 1,387.34 crores through the initial public offering. The price band for the issue was fixed at Rs 614 per share.
The issue is being managed by IIFL Capital Services, Axis Capital, Clsa India, Jm Financial, and Nuvama Wealth Management, while MUFG Intime (Link Intime) is acting as the registrar. Once the allotment process is completed, the shares are scheduled to be listed on both NSE and BSE on June 20.