Oswal Pumps
20 Jun '25MAINBOARD
Min. Investment
₹14,016
Issue size
₹1387.34 Cr
GMP
Locked
Overall subscription: 34.32x
Check allotment status
Expert verdict
IPO dates
13 Jun
Opening
17 Jun
Closing
18 Jun
Allotment
20 Jun
Listing
*Refunds will be initiated on 19 Jun '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 24 | ₹14,736 |
| HNI (Min) | 14 | 336 | ₹2,06,304 |
Subscription (as on 19 September 2025, 06:49 PM)
Overall34.32x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2003|MD: Mr Vivek Gupta
- Oswal Pumps manufactures submersible and monoblock pumps, electric motors, and solar modules. The company produces both grid-connected and solar-powered variants, offering integrated turnkey solar pumping systems that comprise pumps, solar modules, controllers, mounting structures, and installation services. These systems cater to agricultural, residential, commercial, and industrial applications, including irrigation, water supply, machinery operation, and cooling systems.
- Since 2019, Oswal Pumps has supplied products directly and indirectly under government schemes, such as the PM Kusum Scheme and Mukhyamantri Saur Krushi Pump Yojana. The company also engages in backward integration, manufacturing several pump components in-house using recycled scrap metal.
- Oswal Pumps operates a manufacturing facility in Karnal, Haryana. It also manufactures solar modules through a subsidiary.
Issue Details & Objective
Lot size
24 Shares
Price band
₹584 to 614
Face value
₹1 per share
- 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.
Financials
IPO reservation
Anchor investor - 30.00%
QIB - 20.00%
HNI - 15.00%
Retail - 35.00%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Oswal Pumps IPO is ₹1387.34 Cr
The Oswal Pumps IPO will be open for applications from 13 Jun '25 to 17 Jun '25
The lot size of Oswal Pumps IPO is 24 Shares and its minimum investment amount is ₹14,016.
