Oswal Pumps IPO 2025: Price Band, Dates, RHP, Lot Size, GMP & More
For detailed analysis of Oswal Pump IPO, allotment updates, and expert insights, trust IPOji โ your one-stop destination for everything IPO-related.

Oswal Pumps IPO will be open to public subscription from June 13 to June 17, 2025, following the companyโs submission of its RHP to SEBI to raise โน1387.34 Cr. Youโll find all the important information about the Oswal Pumps IPO in this blog: the price band, lot size, IPO date, GMP, plus details of the companyโs finances and more.
If you are either a new investor or a fan of IPOs, this guide answers all your questions in detail.
๐ Oswal Pumps IPO Overview
๐ญ About Oswal Pumps Limited
Founded in 2003, Oswal Pumps Ltd is a Karnal-based company specializing in solar pumping solutions and water pump manufacturing. It serves domestic, agricultural, and industrial markets, with products such as:
- Solar water pumps
- Submersible pumps
- Monoblock pumps
- Electric motors
- Sewage and pressure pumps
- Electric panels and winding wires
๐ Key Projects
Oswal has successfully delivered 26,270 turnkey solar pumping systems under the PM-KUSUM scheme across Haryana, Rajasthan, Uttar Pradesh, and Maharashtra.
๐ Oswal Pumps Financials
๐ก Insight: With more than 100% YoY growth in FY24, Oswal Pumps has shown strong financial performance and operational expansion, especially in solar infrastructure.
Use of IPO Funds
Weโll look now at how Adani Enterprises plans to use the funds it raised from the IPO.
- The budget plan includes an amount of โน89.86 crore for capital investments.
- Investment of 273 crores in Oswal Solar, to construct a solar manufacturing unit in Haryana
- The government borrowed โน280 crore for the repayment of earlier debts.
- โน31 crore will be paid off as debt for Oswal Solar.
These numbers demonstrate that the company is focusing on increasing profits and decreasing debts.
๐ฐ The market capitalisation for Oswal Pumpsโ IPO
Following the issue, the implied market capitalization is predicted to be in the range of โน6,700 crore to โน6,998 crore depending on how much the shares are priced.
๐งพ Oswal Pumps IPO Lot Size & Minimum Investment
Retail investors can apply for 1 lot or in multiples thereof.
Chances to get Oswal Pumps IPO
๐ฆRetail Portion : 35%
๐ Retail Form : 3,29,512
๐HNI Small Form : 3,362
๐HNI Big Form : 6,725
๐ท๏ธFace Value : โน1
๐ Important Dates for Oswal Pumps IPO
๐ Oswal Pumps IPO Grey Market Premium (GMP)
As of now, the GMP for Oswal Pumps IPO is awaited. Keep checking this blog for daily updates once the grey market premium (unofficial market price) becomes active.
๐ FAQs About Oswal Pumps IPO
โ Is Oswal Pumps IPO a good investment?
Oswal has shown strong revenue growth and significant expansion in solar solutions, which are in demand under government schemes like PM-KUSUM. However, evaluate the fundamentals, IPO valuation, and your risk appetite before investing.
โ What is the face value of Oswal Pumps shares?
The face value is not explicitly mentioned, but it will be available in the final Red Herring Prospectus (RHP).
โ Who are the book-running lead managers for the IPO?
The IPO is being managed by:
- IIFL Capital Services
- Axis Capital
- CLSA India
- JM Financial
- Nuvama Wealth Management
โ How do I apply for Oswal Pumps IPO?
You can apply through:
- UPI-enabled apps like Zerodha, Groww, Upstox, Paytm Money
- Net banking ASBA through your bank
Apply via IPO Ji App or Website (Recommended)
If you're looking for a seamless and guided application process, IPO Ji is the best choice to apply IPO. Here's how to apply through IPO Ji:
- Download the IPO Ji App from the Google Play Store or visit IPOji.com.
- Log in or Sign Up using your mobile number and OTP.
- Go to the โCurrent IPOsโ section and select Oswal Pumps IPO.
- Enter your PAN, UPI ID, and Bid Details (choose quantity, price band, etc.).
- Approve the UPI mandate from your UPI app (e.g., PhonePe, Google Pay, Paytm).
- Done! Youโll receive real-time updates on allotment status and listing.
โญ IPO Ji also offers live subscription data, allotment check, and listing updates in one place โ no need to go anywhere else!
๐ Should You Subscribe to Oswal Pumps IPO?
The Oswal Pumps IPO offers investors an opportunity to enter a fast-growing company involved in green energy and sustainable infrastructure. With strong FY24 earnings and an aggressive solar strategy, the outlook is promising.
However, as with any IPO, consider:
- Current market conditions
- IPO valuation
- Sector demand and government policies