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Oswal Pumps IPO is scheduled to open on June 13, 2025, and will close on June 17, 2025. This IPO is a Book Built Issue, through which the company aims to raise around ₹1,387.34 crores. The issue includes a fresh issue of ₹890 crores and an offer for sale (OFS) of up to 81,00,000 equity shares, each having a face value of ₹1.
The price band for the IPO is set between ₹584 to ₹614 per share. The investor quota is divided as follows:
- Qualified Institutional Buyers (QIB): 50%
- Non-Institutional Investors (HNI): 15%
- Retail Investors: 35%
The basis of allotment will be finalized on June 18, 2025, and the shares are expected to be listed on both BSE and NSE on June 20, 2025.
Financial Performance:
Oswal Pumps has shown strong growth in its financials:
- Revenue (FY 2024): ₹761.23 crores (up from ₹387.47 crores in FY 2023)
- Net Profit (FY 2024): ₹97.67 crores (up from ₹34.2 crores in FY 2023)
Given the company’s significant jump in revenue and profits, the IPO appears to be a good opportunity for long-term investors looking for strong fundamentals and growth potential.
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 (OFS): Approx 81,00,000 equity shares
- Issue Type: Book Build Issue
- Listing Exchange: BSE & NSE
- Retail Investor Quota: Not more than 35%
- QIB Quota: Not more than 50%
- NII (HNI) Quota: Not more than 15%
- DRHP Draft Prospectus: Click Here
- RHP Final Prospectus: Click Here
Oswal Pumps IPO Market Lot Details
The minimum market lot for the Oswal Pumps IPO is 24 shares, requiring an investment of ₹14,736. Retail investors can apply for up to 13 lots, amounting to 312 shares with a total application amount of ₹1,91,568.
Here is the detailed lot size and investment breakdown:
Application Type | Lot Size | Shares | Amount (₹) |
---|---|---|---|
Retail Minimum | 1 Lot | 24 Shares | ₹14,736 |
Retail Maximum | 13 Lots | 312 Shares | ₹1,91,568 |
S-HNI Minimum | 14 Lots | 336 Shares | ₹2,06,304 |
B-HNI Minimum | 68 Lots | 1,632 Shares | ₹10,02,048 |
Oswal Pumps IPO Important Dates
The Oswal Pumps IPO is scheduled to open on June 13, 2025, and will close on June 17, 2025. The basis of allotment will be finalized on June 18, followed by refunds and credit of shares on June 19. The IPO is expected to be listed on June 20, 2025.
Here’s the full timeline:
- IPO Open Date: June 13, 2025
- IPO Close Date: June 17, 2025
- Basis of Allotment: June 18, 2025
- Initiation of Refunds: June 19, 2025
- Credit of Shares to Demat: June 19, 2025
- Listing Date: June 20, 2025
Promoters of Oswal Pumps IPO
The promoters of Oswal Pumps Limited include:
- Vivek Gupta
- Amulya Gupta
- Shivam Gupta
- Ess Aar Corporate Services Private Limited
- Shorya Trading Company Private Limited
- Singh Engcon Private Limited
About Oswal Pumps IPO
Oswal Pumps Limited is a well-established manufacturer specializing in low-speed monoblock pumps. Leveraging its deep industry expertise, the company has now expanded into the production of solar-powered pumps, backed by a skilled team of engineers and technicians.
Oswal Pumps is widely recognized as a leading turnkey solution provider for solar pumping systems in India. The company offers a full range of services, including the manufacturing of solar-powered agricultural pumps, solar modules, and pump controllers, as well as the installation of these systems.
The company emphasizes quality in manufacturing, particularly in selecting the right raw materials for motor production to avoid issues like rust and damage. This focus on quality has helped build a trusted brand in the industry.
Oswal Pumps has also built a strong distributor network across the country, expanding from 473 distributors as of March 31, 2022, to 925 distributors by December 31, 2024 — a clear sign of the company’s growing footprint in the Indian market.
Oswal Pumps IPO Financial Performance & Valuation Report
Company Financials Overview
Oswal Pumps Limited has shown significant growth in both revenue and profit over the years. Here’s a snapshot of its financial performance:
Period Ended | Revenue (₹ Cr.) | Expense (₹ Cr.) | Profit After Tax (₹ Cr.) | Assets (₹ Cr.) |
---|---|---|---|---|
FY 2022 | ₹361.11 | ₹337.16 | ₹16.93 | ₹221.84 |
FY 2023 | ₹387.47 | ₹340.87 | ₹34.20 | ₹252.30 |
FY 2024 | ₹761.23 | ₹631.36 | ₹97.67 | ₹511.28 |
December 2024 (Interim) | ₹1067.34 | ₹781.83 | ₹216.71 | ₹1096.01 |
Oswal Pumps IPO Valuation (FY2024)
Below are the key financial ratios and metrics indicating the company’s financial strength:
Key Performance Indicator (KPI) | Value |
---|---|
Return on Equity (ROE) | 88.73% |
Return on Capital Employed (ROCE) | 81.85% |
EBITDA Margin | 19.79% |
PAT Margin | 12.83% |
Debt-to-Equity Ratio | 0.42 |
Earnings Per Share (EPS) (Basic) | ₹9.82 |
Price to Earnings (P/E) Ratio | N/A |
Return on Net Worth (RoNW) | 88.73% |
Net Asset Value (NAV) | ₹16.10 |
Peer Group Comparison
Here’s a comparative analysis of Oswal Pumps with its industry peers based on key financial indicators:
Company | EPS | P/E Ratio | RoNW (%) | NAV (₹) | Income (₹ Cr.) |
---|---|---|---|---|---|
Kirloskar Brothers Limited | 43.84 | 37.57 | 22.30% | 216.47 | 4001.20 |
Shakti Pumps (India) Limited | 76.91 | 57.08 | 24.15% | 377.19 | 1370.74 |
WPIL Limited* | 17.72^ | 25.53 | 18.78%^ | 127.56 | 1664.40 |
KSB Limited* | 59.97 | 14.94 | 17.07% | 74.81 | 2247.24 |
Roto Pumps Limited | 12.55 | 45.29 | 21.95% | 61.88 | 274.50 |
Objects of the Issue
The proceeds from the Oswal Pumps IPO will be utilized for the following purposes:
- To fund specific capital expenditure of the company.
- Investment in the wholly-owned subsidiary Oswal Solar (in the form of equity or debt) for establishing new manufacturing facilities in Karnal, Haryana.
- Prepayment or repayment of certain outstanding borrowings availed by Oswal Pumps.
- Further investment in Oswal Solar to clear its liabilities (partially or fully).
- For general corporate purposes.
Oswal Pumps IPO Review – Analyst Recommendations
The IPO review from brokerage firms and analysts is awaited. Here is the list of institutions likely to provide their recommendation soon:
- Canara Bank
- DRChoksey FinServ
- Emkay Global
- Hem Securities
- IDBI Capital
- Marwadi Shares
- Nirmal Bang
- SBICAP Securities
- Sharekhan
- SMC Global
- Sushil Finance
- Swastika Investmart
- Ventura Securities
- Geojit
- Reliance Securities
- Capital Market
- BP Wealth
- ICICIdirect
- Choice Broking
Oswal Pumps IPO – Registrar, Lead Managers & Company Contact Details
IPO Registrar
MUFG Intime India Private Limited
- Phone: +91-22-4918 6270
- Email: oswalpumps.ipo@linkintime.co.in
- Website: Link Intime IPO Page
Lead Managers (Merchant Bankers)
The IPO is being managed by the following leading merchant bankers:
- IIFL Capital Services Limited
- Axis Capital Limited
- CLSA India Private Limited
- JM Financial Limited
- Nuvama Wealth Management Limited
Company Contact Information
Oswal Pumps Limited
- Address: Oswal Estate NH-1, Kutail Road, P.O. Kutail, District Karnal, Karnal, Haryana
- Phone: +91 18 4350 0307
- Email: investorrelations@oswalpumps.com
- Website: www.oswalpumps.com
Oswal Pumps IPO – Frequently Asked Questions (FAQs)
What is the Oswal Pumps IPO?
Oswal Pumps IPO is a Mainboard Initial Public Offering (IPO) through which the company aims to raise approximately ₹1,387.34 crores. The IPO is priced in the range of ₹584 to ₹614 per equity share, and the shares will be listed on both BSE and NSE.
When will the Oswal Pumps IPO open for subscription?
The IPO will open for public subscription on June 13, 2025, and will close on June 17, 2025. It will be open to Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors.
What is the investor allocation in Oswal Pumps IPO?
The IPO allocation is as follows:
- QIBs (Qualified Institutional Buyers): 50%
- NIIs (Non-Institutional Investors): 15%
- Retail Investors: 35%
How to Apply for Oswal Pumps IPO?
You can apply for the Oswal Pumps IPO using any of the following methods:
- Online via ASBA (Application Supported by Blocked Amount): Log in to your internet banking account and apply through the ASBA service.
- UPI through Stock Brokers: Use platforms like Zerodha, Groww, or Upstox to apply using your UPI ID.
- Offline Application: Fill out the physical application form and submit it through your registered stock broker.