Oswal Pumps IPO: Key Details, Financials, and Market Impact

Market Performance

Oswal Pumps Limited has set its IPO price band at ₹584 to ₹614 per share, with a face value of ₹1 each. The subscription window opens on June 13, 2025, and closes on June 17, 2025.

• Anchor Investor Allocation: June 12, 2025
• Basis of Allotment: June 18, 2025
• Refunds & Share Credit: June 19, 2025
• Expected Listing Date: June 20, 2025 (BSE & NSE)

Main News: Oswal Pumps IPO Highlights

The IPO comprises:

• Fresh Issue: ₹890 Crore
• Offer for Sale (OFS): 8.1 million shares by promoter Vivek Gupta (25.17% stakeholder)

IPO Reservation Breakdown

• QIBs (Qualified Institutional Buyers): Up to 50%
• NIIs (Non-Institutional Investors): At least 15%
• Retail Investors: Minimum 35%

Company Details: Business & Growth

Oswal Pumps specializes in:

• Solar-powered & grid-connected pumps
• Electric motors (induction & submersible types)
• Solar modules

Key Achievements

• 22+ years of industry expertise
• 38,132 orders fulfilled under PM Kusum Scheme (Haryana, Rajasthan, UP, Maharashtra)

Financial Snapshot (9 Months Ending Dec 2024)

IPO Fund Utilization

• ₹89.86 Crore: Capital expenditure
• ₹273 Crore: New manufacturing facility (Oswal Solar, Haryana)
• ₹280 Crore: Debt repayment
• ₹31 Crore: Clearing subsidiary's debt

Summary: Why This IPO Matters?

Oswal Pumps IPO presents an opportunity for investors to tap into India's growing solar energy and pump sector. With strong financials and government-backed projects, the company is poised for expansion.