Oswal IPO related details Oswal Pump IPO opened for retail investors on Friday and money can be invested in it till June 17. Under this IPO, the company has issued 2,25,95,114 shares with a face value of Rs 1. This includes 1,44,95,114 new shares. While 81,00,000 shares worth Rs 497.34 crore are being sold by the company’s promoters through Offer for Sale (OFS). If we talk about the price band, it has been fixed at Rs 584-614. IPO-New-lOgo How to become a partner for less than Rs 15000? How to ensure your share in the profits of this company for less than Rs 15000 in the IPO of Oswal Pumps. The company has fixed a lot size of 24 shares under the IPO. That is, any investor will have to bid for at least this many shares. Now if we calculate based on the upper price band, then the investor will have to invest at least Rs 14736 and if the IPO comes out, then your share in the listing and then the company’s profit will also be confirmed. Retail investors can invest in a maximum of 13 lots and for that they will have to invest Rs 191568. This much money was collected from anchor investors Before opening for retail investors, this IPO was opened for anchor investors on June 12. 67,78,533 shares were issued for anchor investors. Through which the company has collected Rs. 416.20 crore. After closing on June 17, its allotment will be done on June 18 and the next day i.e. June 19, the share credit process will be started in the demat account. Oswal Pumps shares will be listed on BSE and NSE and the provisional date for listing has been fixed as June 20.
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