Oswal Pumps IPO Allotment Status Revealed Today – What Investors Need to Know

 

Introduction

The Oswal Pumps IPO, India's latest foray into the burgeoning solar and water pump sector, closed on June 17 with an astounding subscription of 34.4×, driven by strong interest from investors across categories 

As we approach the critical stage of allotment, this detailed guide from Manika FinTax Solutions brings you everything you need to know—how to check allotment status, insights on grey market premium (GMP), listing expectations, and expert tips.

Whether you're a beginner or savvy investor, this article offers clear, step-by-step instructions, backed by real statistics, practical tips, and a user-friendly tone.

🧭 IPO Highlights at a Glance

Detail	Information
IPO Ticket Size	₹1,387.34 cr (Fresh: ₹890 cr + OFS: ₹497.34 cr)
Price Band	₹584–₹614 per share
Application Lot Size	24 shares minimum
Bidding Period	June 13–17, 2025
Basis of Allotment	June 18, 2025
Refund & Credit	June 19, 2025
Listing Day	June 20, 2025

🚀 Subscription Snapshot: A Staggering 34×!

• Overall Subscription: 34.42× 

• QIB (Institutional): 88.08×

• NII (Non-Institutional): 36.70×

• RII (Retail): 3.60× 

Interpretation:

• Institutional appetite was colossal, with QIBs bidding nearly 90× their allocation.

• Retail investors showed steady interest, while NIIs were also highly oversubscribed.

• Allotment will involve pro-rata distribution, especially for retail and NII applicants.

✅ How to Check Your Allotment Status

A. MUFG Intime (Registrar)

1. Visit MUFG Intime's IPO portal.

2. Select ‘Oswal Pumps Limited’.

3. Enter your PAN / Application No / DP‑ID / Client ID / Account No.

4. Submit & view status.
   
   

B. BSE Website

1. Go to BSE's "Status of Issue Application" page.

2. Choose Equity → Oswal Pumps IPO.

3. Enter PAN or Application No + captcha.

4. Click Search.
   
   

C. NSE Website

1. Visit NSE’s "Equity & SME IPO bid details".

2. Select “OSWALPUMPS”.

3. Input PAN & Application No.

4. Submit to view allotment.
   
   

D. Demat & Bank Account

• Demat: Shares credited by June 19 if allotted.

• Bank: Refunds will reflect automatically if not allotted.
  
  

💸 Grey Market Premium (GMP) Insights

• Initial GMP surged to around ₹60–₹72 after closing 

• Unofficially, shares are trading around ₹674, offering a ~10% premium over ₹614 

• Caution: GMP is an unofficial indicator. Use it alongside concrete factors like financials and valuations.

📈 Why Investors Are Buzzing

1. Strong financials: 45% CAGR (FY22–FY24), ₹216 cr PAT (FY24)

2. Solar pump leader: Building robust solar module and submersible pump presence 

3. Expanding footprint: Exports to 22+ countries (MENA, Australia, Bangladesh, UAE) 

4. IPO funds purpose: Debt repayment, capacity ramp-up (Karnal plant), subsidiary investment

5. Valuation appeal: FY25 P/E ~24× vs. industry average ~42×

💡 Practical Tips Before Checking Allotment

• Ensure accuracy: Use correct PAN, app no, DP‑ID.

• Time it right: Status should be live on June 18 (by afternoon).

• Don’t depend on GMP too much: Prioritize fundamentals.

• Broker alerts help: Many platforms auto-notify on allotment.

• Reject refunds? Unlikely—applied funds will return by June 19.

🎯 What to Do Post-Allotment

1. If allotted:

   • Check demat; listing on June 20.

   • Decide between holding or short-term listing gain profits.

2. If not allotted:

   • Monitor if funds are refunded by June 19.

   • Plan for alternate investments or future IPOs.

3. Long-term view:

   • Hold shares if confident in the solar-pump growth story.

   • Track post-listing performance and sector trends.

✅ Conclusion

The Oswal Pumps IPO has been a standout success, subscribed 34× overall, with basis of allotment now live. Investors can check status via registrar, BSE, or NSE. GMP indicates a healthy sentiment, but always balance that against company fundamentals. The listing on June 20 promises interest for both short-term investors and long-term believers in solar-pump growth.

❓ FAQs

Q1: When is the allotment date?
A: June 18, 2025. 

Q2: Where and how to check status?
A: Registrar (MUFG Intime), BSE, NSE—all accept PAN/app no details. 

Q3: When will refunds/credits happen?
A: Expected on June 19, 2025.

Q4: What is the GMP?
A: ₹60–₹72 currently; equates to ~₹674 listing price.

Q5: Is GMP reliable?
A: It’s a secondary indicator; focus more on fundamentals and P/E valuation.

📣 Ready for Seamless Filing?

If you’re seeking expert support with demat filings, IPO filings, or tax support, Manika FinTax Solutions is here to help. Contact us today for paid filing support, and ensure smooth, hassle-free processes.