🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Oswal Pumps IPO: Shares to list tomorrow, GMP at 8.5% ahead of listing. Here’s what to expect
Economic Times
·
27d ago
Medial
Oswal Pumps' IPO, oversubscribed 14.19 times, is set for listing, reflecting strong investor confidence. The shares are trading at a modest grey market premium, suggesting potential listing gains. The IPO saw significant demand from Qualified Institutional Buyers and Non-Institutional Investors. Analysts see Oswal Pumps as a promising long-term investment, benefiting from agri-infrastructure and clean energy growth. Despite market volatility, the robust response highlights trust in the company’s fundamentals and future potential.
View Source
1
Related News
Oswal Pumps plans Rs 890 crore IPO to repay debt, expand capital expenditure
Economic Times
·
1m ago
Medial
Oswal Pumps plans an ₹890 crore IPO to repay debt and fund capital expenditure. The company also aims to raise ₹497 crore through an offer for sale. The IPO proceeds will reduce the promoter group's stake to 80% from 100%. Oswal Pumps has expanded its distributor network and increased revenue, mainly due to government contracts under the PM-Kusum Scheme. However, the working capital cycle has lengthened, affecting financials despite revenue and profit growth.
View Source
Oswal Pumps raises Rs 416 crore from anchor investors ahead of IPO
Economic Times
·
1m ago
Medial
Oswal Pumps raised ₹416 crore from anchor investors ahead of its IPO, indicating strong institutional interest. The IPO includes a fresh issue of shares worth ₹890 crore and an offer for sale of 81 lakh shares by promoter Vivek Gupta. Scheduled from June 13 to June 17, the IPO is priced between ₹584 to ₹614 per share, potentially raising ₹1,387.34 crore. The issue involves a book-building process with allocations for institutional, non-institutional, and retail investors.
View Source
Demand is massive & supply is limited, we’re here to fill that gap: Oswal Pumps top brass on Industry Landscape
Economic Times
·
1m ago
Medial
Oswal Pumps Limited is launching a ₹1,387 crore IPO to expand production, focusing on solar pump growth under India's PM-KUSUM scheme. The company aims to enhance capacity, especially in the solar segment, and explore global markets while maintaining strong domestic commitments. Financially, Oswal witnessed significant revenue growth and improved margins. The IPO proceeds will fund capacity expansion, debt repayment, and general corporate purposes. The firm emphasizes backward integration, profitability, and sustainability for competitive advantage.
View Source
SEBI approves IPOs of Ather Energy, Leela Hotels owner, 4 others
Inshorts
·
6m ago
Medial
SEBI has approved the IPOs of EV maker Ather Energy and Leela Hotels' parent firm Schloss Bangalore. Oswal Pumps, Quality Power Electrical Equipments, Ivalue Infosolutions and Fabtech Technologies also received the SEBI nod to launch their IPOs. Schloss' IPO will be worth ₹5,000 crore, while Ather's IPO will have a fresh issue worth ₹3,100 crore and an offer-for-sale component.
View Source
Kalpataru IPO sees muted response on Day 1. Check subscription, GMP and other details
Economic Times
·
22d ago
Medial
Kalpataru's IPO showed a lackluster start with only 9% overall subscription on its first day. Retail investors accounted for a 33% subscription, while institutional investors did not participate. Priced between Rs 387 and Rs 414, the Rs 1,590 crore IPO aims to repay a significant portion of company debt. Analysts raised concerns about high valuations and debt, assigning a "NEUTRAL" rating, citing the need for sustained pre-sales performance post-listing.
View Source
Travel Food Services IPO subscribed 27% on day 3; check GMP, and other details
Economic Times
·
7d ago
Medial
The Travel Food Services IPO was subscribed 27% on its final day, attracting a muted response from investors. The retail portion saw a 31% subscription, while non-institutional investors subscribed 28%, and qualified institutional buyers subscribed 19%. The IPO, which included no fresh equity, had a grey market premium suggesting a modest listing gain. The company raised Rs 599 crore from anchor investors and operates India's largest airport food and lounge network.
View Source
Glen Industries IPO GMP at 31% as issue gets subscribed over 6 times on day 2, so far
Economic Times
·
7d ago
Medial
Glen Industries' IPO, with a Rs 97 upper price band, saw a grey market premium of 31% on its second day, predicting a listing at Rs 127. The IPO was subscribed over six times, with notable demand from Retail Individual Investors. The company, which produces eco-friendly packaging, plans to use IPO funds for a new manufacturing facility in West Bengal, aiming for a revenue of Rs 1,000 crore by 2030.
View Source
Stent maker SMT set to file papers for ₹2,000-crore IPO
Livemint
·
28d ago
Medial
Sahajanand Medical Technologies (SMT), a leading cardiac stent manufacturer, plans to file draft papers for a ₹1,500-2,000 crore IPO next month. This is SMT's second attempt at public listing, following a previous attempt about four years ago. The IPO will be a pure offer-for-sale with investors like Samara Capital, Kotak, and Morgan Stanley planning to exit. The issue is being managed by Motilal Oswal, Avendus, Nuvama, and HSBC.
View Source
Prostarm Info Systems IPO Fully Subscribed on Day 1; Check Latest GMP
OutlookIndia
·
1m ago
Medial
Prostarm Info Systems' IPO was fully subscribed on its first day, attracting bids for 2,45,12,040 shares against 1,12,00,000 available, raising Rs 168 crore through a fresh issuance of 1.6 crore shares. The price band is set at Rs 95-105 per share, with the listing date expected on June 3, 2025. With a grey market premium of Rs 25, Bajaj Broking recommends subscribing for the long term. The company's bottom-line growth is notable but depends on a few key customers.
View Source
Tata Capital to file draft IPO papers after NCLT nod on merger with Tata Motors Finance
YourStory
·
4m ago
Medial
Tata Capital plans a $2 billion IPO post-approval from the NCLT for Tata Motors Finance's merger, expected by FY25's end. The IPO includes 2.3 crore shares via fresh issue and OFS. The move aligns with RBI's listing mandate for upper-layer NBFCs, aiming to list within three years. A rights issue will also boost financials. Tata Capital marks Tata Group's second listing post-Tata Technologies (2023), with Tata Sons holding 92.83% ownership.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
