As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 28 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However in case of Electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall at all times maintain the electronic records relating to such forms for a minimum period of three years.

SymbolOSWALPUMPS
Issue Period13-Jun-2025 to 17-Jun-2025
Cut-off time for UPI Mandate Confirmation"17-Jun-2025 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate."
Issue SizeInitial Public Offer of Fresh Issue up to Rs.8,900 Million and offer for sale of up to 81,00,000 Equity Shares
Issue Type100% Book Building
Price RangeRs. 584 to Rs. 614 per Equity Share
Face ValueRe.1 per Equity Share
Tick SizeRe.1
Bid Lot24 Equity Shares and in multiples thereof
Minimum Order Quantity24Equity Shares
Maximum Subscription Amount for Retail Investor"Rs. 2,00,000"
IPO Market Timings10.00 a.m. to 5.00 p.m.
Book Running Lead Managers"IIFL Capital Services Limited (formerly known as IIFL Securities Limited), Axis Capital Limited, CLSA India Private Limited, JM Financial Limited and Nuvama Wealth Management Limited"
Sponsor BankAxis Bank Limited and HDFC Bank Limited
Categories"FI, IC, MF, FII, OTH, CO, IND, and NOH"
Sub-Categories applicable for UPIIND (upto 5 Lakhs)
Name of the RegistrarMUFG Intime India Private Limited (formerly Link Intime India Private Limited)
Address of the Registrar"C-101, 247 Park, 1st Floor, L.B.S. Marg, Vikhroli West, Mumbai - 400 083, Maharashtra, India.
Contact person name number and Email id"Shanti Gopalkrishnan, +91 8108114949, oswalpumps.ipo@linkintime.co.in"
e-form linke-Forms
Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA formSCSB List
Ratios / Basis of Issue Pricedownload Ratios / Basis of Issue Price attachment download
Bidding Centresdownload Bidding Centres attachment download
Red Herring Prospectusdownload Red Herring Prospectus attachment download
Sample Application Formsdownload Sample Application Forms attachment download
Security Parameters (Pre Anchor)download Security Parameters (Pre Anchor) attachment download
Processing of ASBA ApplicationsNSE Circular on ASBA Application Processing
RemarkThe dedicated window provided for bid modification (modification of selected fields viz. DP ID/Client ID or Pan ID, Bank code and Location code) on T+1 day (T being last day of bidding) shall not be available now. The bid modification of selected fields shall be allowed during bidding period of IPO only.
List of mobile applications accepting UPI as Payment OptionMobile APP for UPI
Video link for UPI based ASBA processUPI Based ASBA Process
Video link for BHIM UPI RegistrationBHIM UPI Registration