Oswal Pumps IPO Details Today : Oswal Pumps IPO GMP Price (IPO) is Open on 13 June 2025 and Close on 17 June 2025. Oswal pumps IPO to Raise 2,25,95,114 shares (Approx ₹1,387.34 Cr) via IPO. The Fresh issue of 1,44,95,114 shares (Approx ₹890.00 Cr). and The Offer For Sale is 81,00,000 shares (Approx ₹497.34 Cr). With face Value of ₹1 each.
Table of Contents
ToggleAbout OSWAL PUMPS LIMITED
Our Company was incorporated on 15 July 2003 ‘Oswal Pumps Private Limited’ manufacturing of low-speed monoblock pumps. we expanded our Operations to Manufacture Grid-connected High-speed Monoblock Pumps, gridconnected Submersible Pumps and Electric Motors.
- Solar Pumps
- Domestic Range
- Industrial Range
- Agriculture Range
- International Range
- Submersible Motors
- Steel Fabricated Submersible
- Accessories
Government of India launched the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan Scheme (“PM Kusum Scheme”) with a total ₹ 344 billion (USD 4.1 billion) central financial support with the objective of installing 1.40 million standalone solar agriculture pumps in off-grid areas to provide energy security for farmers, reduce the consumption of diesel, promote the use of renewable energy in the agricultural sector and reduce environmental pollution.
Oswal Pumps started supplying these pumps to players participating and providing Turnkey Solar Pumping Systems (defined below) under the PM Kusum Scheme, including Tata Power Solar Systems Limited.
we started offering turnkey solar pumping systems comprising solar powered agricultural pumps, solar modules, mounting structures, pump controllers and their installations (“Turnkey Solar Pumping Systems”), either directly or through third party bidders under the PM Kusum Scheme.
Oswal Pumps operate a manufacturing facility located at Karnal, Haryana, which is one of India’s largest single-site facilities for manufacturing pumps, covering a total land area of 41,076 square meters as of December 31, 2024.
We have an extensive network of distributors in India, which has grown from 473 distributors as of March 31, 2022 to 925 distributors as of December 31, 2024.
Oswal Pumps IPO Details
IPO Open Date
13 June 2025
IPO Close Date
17 June 2025
IPO Size
2,25,95,114 shares (Approx ₹1,387.34 Cr)
Fresh Issue
1,44,95,114 shares (Approx ₹890.00 Cr)
Offer for Sale
81,00,000 shares (Approx ₹497.34 Cr)
Lot Size
24 Shares
IPO Face Value
₹1 Per Equity Share"
IPO Price Band
₹584 to ₹614 Per Share
IPO Listing On
NSE & BSE
IPO QIB Quota
50%
IPO Retail Quota
35%
IPO NII Quota
15%
DRHP Draft
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RHP Draft
Click Here
Anchor Investor
Click Here
Oswal Pumps IPO Market Lot Details
Application
Lot Size
Shares
Amount
Retail Minimum
1
24
₹14,736
Retail Maximum
13
312
₹1,91,568
S-HNI Minimum
14
336
₹2,06,304
B-HNI Minimum
68
1,632
₹10,02,048
OBJECTS OF ISSUE
- funding certain capital expenditure of our Company.
- investment in our 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 our Company.
- investment in our 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 (collectively, the “Objects”).
Oswal Pumps IPO Allotment & Listing Date (Details)
Anchor Investor Bidding
Thursday Jun 12, 2025
IPO Opens
Friday Jun 13, 2025
IPO Closes
Tuesday, Jun 17, 2025
Allotment Finalisation
Wednesday, June 18, 2025
Refunds / Unblocking
Thursday, June 19, 2025
Shares Credited to Demat
Thursday, June 19, 2025
Listing Date
Friday, June 20, 2025
Oswal Pumps IPO Financial Reports
Financial Year
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 & Surplus
387.96
173.42
73.22
37.82
Total Borrowing
346.30
75.42
59.28
87.54
Amount in ₹ Crore
-
-
-
-
Our Company Promoters
- Vivek Gupta
- Amulya Gupta
- Shivam Gupta
Qualitative Factors
- Largest supplier of agri-solar pumps under the PM Kusum Scheme, well positioned to capitalise on strong industry tailwinds.
- Vertically integrated manufacturing competencies.
- Strong engineering and design capabilities.
- Comprehensive product portfolio in multiple product specifications.
- Strong presence in major agricultural states in India including Haryana and growing presence in other states.
- Extensive distribution network catering to a diversified customer base.
- Experienced Promoter and senior management team.
Comparison of Peer Group Company
Name of
Company
Face
value
Closing price
on May 23,
2025
Revenue
from
operations
2024
EPS (₹)
NAV
P/E
Ratio
RoNW
(%)
Oswal
Pumps
Limited
1.00
NA
7,585.71
9.82
16.10
62.52
88.73%
Kirloskar
Brothers
Limited
2.00
1838.75
40,011.99
43.84
216.47
41.94
22.30%
Shakti
Pumps
(India)
Limited
10.00
855.30
13,707.39
12.82
68.36
66.72
24.15%
WPIL
Limited
1.00
483.95
16,644.04
17.72
127.56
27.31
18.78%
KSB
Limited
2.00
801.10
22,472.38
11.99
74.81
66.79
17.07%
Roto
Pumps
Limited
1.00
264.05
2,744.96
6.28
31.03
42.08
21.95%
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Oswal Pumps Company Contact Details
Corporate Office: Oswal Estate, NH-1, Kutail Road, P. O. Kutail,
District Karnal, Haryana 132 037, India
Tel: +91 18 4350 0307.
E-mail: investorrelations@oswalpumps.com.
Website: www.oswalpumps.com
The Oswal Pumps BOOK RUNNING Lead Manager
IIFL Capital Services Limited 24th Floor, One Lodha Place,
Senapati Bapat Marg Lower Parel (West)
Mumbai 400 013 Maharashtra, India
Tel: +91 22 4646 4728
E-mail: oswalpumps.ipo@iiflcap.com
Website: www.iiflcap.com
Axis Capital Limited
1st floor, Axis House Pandurang Budhkar Marg, Worli
Mumbai 400 025 Maharashtra, India
Tel: +91 22 4325 2183
E-mail:oswalpumps.ipo@axiscap.in
Website: www.axiscapital.co.in
CLSA India Private Limited
8/F Dalamal House Nariman Point
Mumbai 400 021 Maharashtra, India
Tel: +91 22 6650 5050
E-mail: oswalpumps.ipo@clsa.com
Website: www.india.clsa.com
JM Financial Limited
7th Floor, Cnergy Appasaheb Marathe Marg Prabhadevi
Mumbai 400 025 Maharashtra, India
Tel: +91 22 6630 3030
E-mail: oswalpumps.ipo@jmfl.com
Website: www.jmfl.com
Nuvama Wealth Management Limited
801-804, Wing A Building No. 3, Inspire BKC
G Block, Bandra Kurla Complex
Bandra East, Mumbai 400 051
Maharashtra, India
Tel: +91 22 4009 4400
E-mail:oswalpumps@nuvama.com
Website: www.nuvama.com
Oswal Pumps IPO Registrar
MUFG Intime India Private Limited
(formerly Link Intime India Private Limited)
C-101, 247 Park L B S Marg Vikhroli
(West), Mumbai 400 083 Maharashtra, India
Tel: + 91 810 811 4949
E-mail:oswalpumps.ipo@linkintime.co.in
Website: www.linkintime.co.in
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