Oswal Pumps IPO is a book building of ₹1,387.34 crores. The issue is a combination of fresh issue of 1.45 crore shares aggregating to ₹890.00 crores and offer for sale of 0.81 crore shares aggregating to ₹497.34 crores.
Check out Oswal Pumps IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Oswal Pumps IPO GMP is started, lets wait for the IPO announcement. Stay tuned for the latest IPO GMP numbers of Oswal Pumps IPO.
Oswal Pumps IPO bidding opened for subscription on June 13, 2025 and will close on June 17, 2025. The allotment for the Oswal Pumps IPO is expected to be finalized on Wednesday, June 18, 2025. Oswal Pumps IPO will be listed on BSE, NSE with a tentative listing date fixed as Friday, June 20, 2025.
Oswal Pumps IPO price band is set at ₹584 to ₹614 per share. The minimum lot size for an application is 24. The minimum amount of investment required by retail investors is ₹14,016. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹14,736. The minimum lot size investment for sNII is 14 lots (336 shares), amounting to ₹2,06,304, and for bNII, it is 68 lots (1,632 shares), amounting to ₹10,02,048.
IIFL Capital Services Limited, Axis Capital Limited, Clsa India Private Limited, Jm Financial Limited, Nuvama Wealth Management Limited are the book running lead managers of the Oswal Pumps IPO, while MUFG Intime India Private Limited ((Link Intime) is the registrar for the issue.
Oswal Pumps IPO Details
| IPO Open Date: | June 13, 2025 |
| IPO Close Date: | June 17, 2025 |
| Face Value: | ₹1 Per Equity Share |
| IPO Price Band: | ₹584 to ₹614 Per Share |
| Issue Size: | Approx ₹1,387.34 Crores |
| Fresh Issue: | Approx ₹890 Crores |
| Offer for Sale: | Approx 81,00,000 Equity Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Oswal Pumps IPO Dates
| IPO Open Date: | June 13, 2025 |
| IPO Close Date: | June 17, 2025 |
| Basis of Allotment: | June 18, 2025 |
| Refunds: | June 19, 2025 |
| Credit to Demat Account: | June 19, 2025 |
| IPO Listing Date: | June 20, 2025 |
Oswal Pumps IPO Promoter Holding
Vivek Gupta, Amulya Gupta, Shivam Gupta, Ess Aar Corporate Services Private Limited, Shorya Trading Company Private Limited and Singh Engcon Private Limited are the company promoters.
| Share Holding Pre Issue | 99.88% |
| Share Holding Post Issue |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 24 | ₹14,736 |
| Retail (Max) | 13 | 312 | ₹1,91,568 |
| S-HNI (Min) | 14 | 336 | ₹2,06,304 |
| S-HNI (Max) | 67 | 1,608 | ₹9,87,312 |
| B-HNI (Min) | 68 | 1,632 | ₹10,02,048 |
Oswal Pumps Limited Financial Information (Restated Consolidated)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,096.01 | 511.28 | 252.30 | 221.84 |
| Revenue | 1,067.34 | 761.23 | 387.47 | 361.11 |
| Profit After Tax | 216.71 | 97.67 | 34.20 | 16.93 |
| Net Worth | 378.80 | 160.17 | 59.97 | 24.57 |
| Reserves and Surplus | 387.96 | 173.42 | 73.22 | 37.82 |
| Total Borrowing | 346.30 | 75.42 | 59.28 | 87.54 |
| Amount in ₹ Crore | ||||
Oswal Pumps IPO is to open on June 13, 2025. It is a Mainboard IPO that will raise ₹1,387.34 crores. The Oswal Pumps Services IPO price band is fixed at ₹584 to ₹614 with a market lot of 24 Shares.
Oswal Pump is one of the leading companies in terms of manufacturing low-speed monoblock pumps. Though they have an amazing experience in manufacturing pumps so they have decided to use it in producing solar-powered pumps. Due to an experienced and skilled engineering and technician team, the company is on the rise.
The firm is well-known as one of the premier turnkey solar pumping systems providers in India, with the capability to manufacture solar-powered agricultural pumps, solar modules, and pump controllers, and provide installation services for such systems. Additionally, the company said, motors are made from various raw materials. If the wrong ones are used, the products can rust or get damaged. So, choosing the right materials is very important.
About Oswal Pumps Limited
Incorporated in 2003, Oswal Pumps Limited is a manufacturer and distributor of pumps. The company offers a diverse range of products catering to domestic, agricultural, and industrial applications, including solar pumps, submersible pumps, monoblock pumps, pressure pumps, sewage pumps, electric motors, submersible winding wires & cables, and electric panels.
As of August 31, 2024, the company had executed orders for 26,270 turnkey solar pumping systems directly under the PM-KUSUM Scheme for several states, including Haryana, Rajasthan, Uttar Pradesh, and Maharashtra.
The company operates a manufacturing facility located in Karnal, Haryana, which covers a total land area of 41,076 square meters as of March 31, 2024.
The company has a growing network of distributors across India, increasing from 473 distributors as of March 31, 2022, to 636 distributors as of March 31, 2024. Further, between April 1, 2021, and March 31, 2024, Oswal Pumps exported its products to 17 countries across the Asia-Pacific, Middle East, and North Africa regions.
As of March 31, 2024, the company had a team of 164 employees.
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