<ul data-eligibleForWebStory="true"><li>The Grey Market Premium (GMP) for the Oswal Pumps IPO reached Rs 88 per share on June 11, indicating strong demand.</li><li>The IPO saw a GMP of Rs 57 per share on June 17, predicting a listing price of Rs 671 per share.</li><li>The mainboard issue of Oswal Pumps was oversubscribed almost three times by the end of the bidding period.</li><li>The IPO is valued at Rs 1,387.34 crore with a price band set between Rs 584 to Rs 614 per share.</li><li>Retail investors can bid for a single lot size of 24 shares, requiring an investment of Rs 14,736.</li><li>Non-Institutional Investors subscribed their category 9.63 times, showing significant interest.</li><li>Shares of Oswal Pumps are expected to be listed on NSE and BSE on June 20.</li><li>Proceeds from the IPO will be used for capital expenditure, loan repayment, and general corporate purposes.</li></ul>

Oswal Pumps IPO GMP Jumps Ahead Of Listing This Week; Check Details

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