Mumbai, June 20 -- The scrip was listed at 632, matching the initial public offer (IPO) price. The stock was currently up 2.93% over its listing price.
So far, the stock has hit a high of 646.25 and a low of 625.20. On the BSE, over 6.96 lakh shares of the company were traded in the counter so far.
The initial public offer of Oswal Pumps was subscribed 34.42 times. The issue opened for bidding on 13 June 2025 and it closed on 17 June 2025. The price band of the IPO is fixed between Rs 584 and 614 per share.
The issue comprised both a fresh issue of equity shares upto Rs 890 crore and an offer for sale up to 81,00,000 equity shares by Vivek Gupta, one of the promoters of the company.
The company proposes to utilize the net proceeds from ...