New Delhi, June 18 -- Pumps manufacturer Oswal Pumps launched its initial public offering (IPO) on June 13 and received strong demand from investors. As the bidding period has ended, applicants now watch out for the Oswal Pumps IPO allotment date, which is expected to be fixed soon.

The mainboard IPO opened for public subscription on June 13 and closed on June 17. Oswal Pumps IPO allotment date is expected to be today, June 18, and IPO listing date is likely June 20.

The company is set to finalise the Oswal Pumps IPO allotment status soon. Once the Oswal Pumps IPO allotment status is fixed, the company will credit the equity shares into the demat accounts of the eligible allotment holders and then initiate refunds to the unsuccessful bi...