Market Performance
Tomorrow marks the opening of Oswal Pumps Limited's initial public offering (IPO), bringing another significant public issue to Indian investors.
Market observers note that the IPO comes at a time when the primary market remains highly attractive to investors.
Main News
Oswal Pumps IPO opens on June 13, 2025, marking another primary public offering in the Indian capital markets. The subscription window will remain open , closing on June 17, 2025.
The company has set an attractive price band of ₹584 to ₹614 per equity share. This pricing approach is designed to attract investors while meeting the company's capital requirements.
Key IPO Timeline:
IPO Opening Date: June 13, 2025
IPO Closing Date: June 17, 2025
Expected Allotment Date: June 18, 2025
Expected Listing Date: June 20, 2025
The Oswal Pumps IPO will be listed on both BSE and NSE, providing investors with dual listing benefits and enhanced liquidity prospects.
IPO Structure and Investment Details
The Oswal Pumps IPO offers a total fundraising target of ₹1,387.34 Crore through a mixed structure. The public issue comprises two main components for optimal capital allocation.
Fresh Issue Component: ₹890 Crore will be raised through fresh equity shares, which will directly support the company's growth initiatives and expansion plans.
Offer for Sale (OFS): The remaining ₹497.34 Crore is allocated for OFS, allowing existing shareholders to partially monetize their holdings.
Investment Parameters:
Minimum lot size: 24 shares
Minimum investment: ₹14,736 (₹614 × 24)
Maximum retail investment: 13 lots
Registrar: Link Intime India Private Limited
Company Details
The IPO registrar appointed is MUFG Intime India Private Limited, also known as Link Intime, which will handle the share allocation process. This appointment ensures professional management of the IPO proceedings.
Valuation Metrics:
Market Capitalization: ₹6,998.21 Crore
Pre-IPO PE Multiple: 62.54
Post-IPO PE Multiple: 24.22
The significant difference between pre-IPO and post-IPO PE multiples indicates the dilution effect of the fresh issue on existing shareholders' holdings.
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