Oswal Pumps Limited IPO

Mainboard

Compressors, Pumps & Diesel Engines

Listed On: Jun 20, 2025 at ₹ 634.0(NSE)

₹ 14736 /24 Shares

Check Allotment

13 Jun, 2025

Open Date

17 Jun, 2025

Close Date

18 Jun, 2025

Allotment Date

20 Jun, 2025

Listing Date

Price Summary

Last Closing

551.25 (-10.22%)

52 Week High

888.40

52 Week Low

547.15

Last Update

28-Nov-2025 3:30 PM

Oswal Pumps IPO Issue Details

Issue Price ₹584-614 per equity share
Face Value ₹1 Per Equity Share
Total Issue Size 2,25,95,114 shares(aggregating up to ₹1387.34 crore)
Fresh Share 1,44,95,114 shares(aggregating up to ₹890 crore)
Offer For Sale 81,00,000 shares(aggregating up to ₹497.34 crore)
Listing at BSE, NSE
List Price 634.0(NSE)
Listing Date 2025-06-20
Lead Manager IIFL Capital Services Limited
Axis Capital Limited
Clsa India Private Limited
Jm Financial Limited
Nuvama Wealth Management Limited
Registrar MUFG Intime India Private Limited (Link Intime)

Market Lot Size

Investors can bid for a minimum of 24 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (min)	1	24	₹14,736
Retail(max)	13	312	₹1,91,568
SHNI(min)	14	336	₹2,06,304
SHNI(max)	67	1,608	₹9,87,312
BHNI(min)	68	1,632	₹10,02,048

Oswal Pumps IPO Reservation

Oswal Pumps IPO offers total NA shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,NA (NA%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.

Investor Category	Shares Offered	Maximum Allottees
Anchor Investor Shares Offered	NA (NA%)
QIB Shares Offered	NA (NA%)
NII (HNI) Shares Offered	NA (NA%)
bNII < ₹10L	NA (NA%)
sNII < ₹10L	NA (NA%)
Retail Shares Offered	NA (NA%)
Total Shares Offered	NA (NA%)

Oswal Pumps IPO Documents

DRHP

RHP

ANCHOR

Oswal Pumps IPO Details

Oswal Pumps IPO is a book-built issue of ₹1387.34 crores, The total issue size is ₹1387.34 crores. The IPO of Oswal Pumps is priced at ₹584-614 per equity share, which has a face value of ₹1 Per Equity Share each, IPO bidding starts from Jun 13, 2025 and ends on Jun 17, 2025. The allotment for Oswal Pumps IPO will be finalized on Jun 18, 2025. Oswal Pumps IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jun 20, 2025. The company shall list its equity shares on the BSE, NSE. MUFG Intime India Private Limited (Link Intime) is the registrar of the issue.

Retail investors can bid for a minimum of 24 shares, extendable to 14,736. S-HNIs will be able to bid for 336 shares at ₹2,06,304, while B-HNIs can also apply for a bid of 1,632 shares at ₹10,02,048. The book-running lead manager for the IPO is/are IIFL Capital Services Limited, Axis Capital Limited, Clsa India Private Limited, Jm Financial Limited, Nuvama Wealth Management Limited.

The total issue ₹1387.34 crore, comprising a fresh issue of 1,44,95,114 shares ₹890 crore and having Offer for Sale (OFS) of 81,00,000 shares to mop up ₹497.34 crore.

The Oswal Pumps IPO sets its price band at 584-614 for each share. A single application for Oswal Pumps Limited IPO must contain at least 24 shares. Sentiment investors need to invest a minimum of 24 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,736 In order to participate in the sNII, investors must purchase at least 14 lots of 336 shares for ₹2,06,304, while the bNII requires 68 lots of 1,632 shares for an investment of ₹10,02,048.

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	45,19,024	33,89,267 22,59,511 11,29,756	79,08,290	1,58,16,581
Day 1 13-06-25 05:00 PM	0.08 x	0.79 0.79 x 0.78 x	0.45 x	0.42 x
Day 2 16-06-25 05:00 PM	0.26 x	4.36 4.74 x 3.60 x	1.11 x	1.57 x
Day 3 17-06-25 05:00 PM	88.08 x	36.70 43.78 x 22.52 x	3.60 x	34.42 x

Total No of Applications

12,77,297

Subscription on the basis of Applications

Retail:3.13x BHNI:9x SHNI:22x

Oswal Pumps Valuations

EPS Pre IPO ₹9.82/-

EPS Post IPO ₹25.35/-

P/E Pre IPO 62.54

P/E Post IPO 24.22

ROCE 81.85%

Debt/Equity 0.42

RoNW 88.73%

PAT Margin 12.83

Price to Book Value 38.14

Oswal Pumps Company Financials

In Crs.

In Cr.

	31-Dec-24	31-Mar-24	31-Mar-23	31-Mar-22
Assets	1,096.01	511.28	252.3	221.84
Revenue	1,067.34	761.23	387.47	361.11
Profit After Tax	216.71	97.67	34.2	16.93
Net Worth	378.80	179.27	79.07	43.67
Reserves & Surplus	387.96	173.42	73.22	37.82
Total Borrowing	346.30	75.42	59.28	87.54

About Oswal Pumps Company

In 2003, Oswal Pumps Limited began operating and rose quickly to become India’s top manufacturer and distributor of quality pumps. The firm delivers products and services to many different sectors, among them solar pumps, submersible pumps, monoblock pumps, pressure pumps, sewage pumps, electric motors, submersible winding wires and cables, and electric panels. They are created to serve the requirements of domestic, agricultural, and industrial sectors.

The company achieved something important by being active in the PM-KUSUM Scheme, which allowed it to handle 26,270 turnkey solar pumping system orders across the Indian states of Haryana, Rajasthan, Uttar Pradesh, and Maharashtra, right up to August 31, 2024. It shows how Oswal Pumps supports the use of green energy options in farming and rural societies.

The firm has a manufacturing plant in Karnal, Haryana, covering more than 41,000 square meters of space (as of March 31, 2024). It is equipped with support systems that strengthen the company’s speed and quality.

The company has increased its number of distributors, going from 473 in March 2022 to 636 in March 2024. The company has increased its activity in the global market by sending its products to 17 countries from Asia-Pacific, the Middle East, and North Africa in the last three years.

At the end of March of 2024, there were 164 specialists on the company’s team, working on idea generation, producing goods, and helping customers. Since it has a reliable manufacturing background, an increasing distribution system, and a focus on sustainability, Oswal Pumps Limited is strengthening its reputation in the pump industry.

Oswal Pumps - Promoter(s)

Vivek Gupta

Amulya Gupta

Shivam Gupta

Ess Aar Corporate Services Private Limited

Shorya Trading Company Private Limited

Singh Engcon Private Limited

Pre Issue Share Holding : 99.88%

Post Issue Share Holding : 80.00%

Oswal Pumps IPO - Issue Objectives

Funding certain capital expenditure of the Company.

Investment in the wholly-owned Subsidiary, Oswal Solar, in the form of debt or equity, for funding the setting up of new manufacturing units at Karnal, Haryana.

Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company.

Investment in the wholly-owned Subsidiary, Oswal Solar, in the form of debt or equity, for repayment/prepayment, in part or full, of certain outstanding borrowings availed by Oswal Solar.

General corporate purposes.

Oswal Pumps IPO - Anchor Investors

Oswal Pumps raises ₹416 crore from anchor investors prior to ₹1,387 crore IPO.

The marquee Institutions which were a part of the anchor includes Societe Generale, BNP Paribas, Smallcap World Fund Inc, ICICI Prudential, Aditya Birla Sunlife, Kotak Mahindra MF, Quant MF, Amundi Funds, 360 One, Motilal Oswal MF, Bandhan Small Cap Fund, Edelweiss MF, Troo Capital, Nuvama MF, Sundaram MF, Edelweiss Life Insurance, Mahindra Manulife, etc.

Oswal Pumps IPO - Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Revenue(in Cr.)
Oswal Pumps	N/A	N/A	88.73%	N/A
Kirloskar Brothers	8.51	41.94	22.30%	N/A
Shakti Pumps	12.57	66.72	24.15%	N/A
Wpil Ltd	3.80	27.31	18.78%	N/A
ksb Ltd	10.82	66.79	17.07%	N/A
Roto Pumps	8.52	42.08	21.95%	N/A

Strength

Revenue grew at 45.07% CAGR from FY22 to FY24.

Supplied 0.23 million solar pumps under the PM Kusum Scheme.

EBITDA margin rose to 30.12% in FY24 operations.

Annual solar module capacity reached 570 MW by Dec 2024.

Operates 925 distributors across key agricultural states in India.

Weakness

₹7,732.07 million revenue depends on PM Kusum tender awards.

96.55% revenue from agriculture; sector performance impacts business severely.

Top 10 customers contributed 78.87% revenue, posing concentration risk.

72.28% revenue from Haryana; regional issues could disrupt operations.

Contact Details

Oswal Pumps

Oswal Estate NH-1, Kutail Road, P. O. Kutail, District Karnal, Haryana- 132037, India

+91 18 4350 0307

investorrelations@oswalpumps.com

http://www.oswalpumps.com/

Registrar Contact Details

Link Intime India Private Ltd

+91-22-4918 6270

oswalpumps.ipo@linkintime.co.in

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Oswal Pumps IPO - FAQs

Ans. Oswal Pumps Limited IPO is a Mainboard IPO. The issue is priced at ₹584-614 per equity share. The minimum order quantity is 24 Shares. The IPO opens on Jun 13, 2025, and closes on Jun 17, 2025. MUFG Intime India Private Limited (Link Intime) is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Oswal Pumps Limited IPO opens on Jun 13, 2025 and closes on Jun 17, 2025.

Ans. You can track the real-time subscription numbers using the links below:

Ans. The size of Oswal Pumps Limited IPO is Total ₹1387.34 Cr : #Fresh Issue : 1,44,95,114 shares(aggregating up to ₹890.00 Cr) + #OFS : 81,00,000 shares of ₹1(aggregating up to ₹497.34 Cr).

Ans. The Oswal Pumps Limited IPO price band is set between ₹584-614 per equity share.

Ans. To apply for Oswal Pumps Limited IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Oswal Pumps Limited IPO in the List of IPOs
- Press Apply Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Oswal Pumps Limited IPO is Jun 18, 2025.

Ans. The Oswal Pumps Limited IPO will be listed on Jun 20, 2025.

Ans. Follow the steps to check the Oswal Pumps Limited IPO allotment status online.