Oswal Pumps' IPO oversubscribed 19x, with institutional bids at 41x and retail at 3x, aiming to fund Haryana units and debt reduction.

• Fresh issue of 8.9 billion rupees and sale of 8.1 million shares drove strong investor interest.
• Proceeds will finance capital expenditure, new units, and debt repayment for the solar pump maker.
• Stocks to debut on June 20 after a three-day bidding window ending Tuesday.