Oswal Pumps IPO, June 13 -- The initial public offering (IPO) of Oswal Pumps Ltd begins today (Friday, June 13) and will close on Tuesday, June 17. On Thursday, it raised Rs.416.2 crore from anchor investors just a day before its share sale opened to the public for subscriptions.

Among the anchor investors are ICICI Prudential Mutual Fund (MF), Kotak Mahindra MF, Aditya Birla Sun Life MF, Quant MF, Societe Generale, Edelweiss Life Insurance, BNP Paribas, the Paris-based asset manager Amundi, and the financial services firm Capital Group, as per a circular posted on BSE's website.

Oswal Pumps IPO price band has been set between Rs.584 and Rs.614 per share for its total initial public offering of Rs.1,387 crore. Investors can place bids f...