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Oswal Pumps files DRHP for Rs 890 crore IPO

Oswal Pumps has filed a draft red herring prospectus with SEBI to raise up to Rs 890 crore via IPO, comprising a fresh issue and an OFS by promoter Vivek Gupta. The Karnal-based pump and solar solutions maker plans to list on BSE and NSE, with the issue opening for public subscription from June 13 to June 17.

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