Oswal Pumps Share Price Falls Below IPO Price After 8% Decline

Market Performance

On June 23, 2025, Oswal Pumps' share price witnessed notable selling pressure, plunging as much as 8% intraday. The stock hit a low of ₹580, slipping below its IPO price of ₹614. This marks a decline of nearly 11% from its peak following listing.

• IPO Price: ₹614
• Listing Date: June 20, 2025
• Listing Premium: 3%
• Post-listing High: ₹649.15
• Intraday Low (June 23): ₹580
• Recovery: Ended 0.49% higher at ₹627.95

Main News

After a strong debut on June 20, Oswal Pumps saw profit booking early in the week. Despite a promising listing, the Oswal Pumps share price dipped sharply in Monday's trade, sparking interest among market watchers. The stock has underperformed against several gainers in the session.

Company Details

Oswal Pumps Ltd., incorporated in 2003, is a prominent player in the pump and solar energy equipment industries. The company provides a broad selection of products, which include:

• Solar Pumps
• Submersible Pumps
• Monoblock Pumps
• Pressure and Sewage Pumps
• Electric Motors
• Winding Wires & Cables
• Electric Control Panels

The company also completed 26,270 solar pumping system installations under the PM-KUSUM Scheme across Haryana, Rajasthan, Uttar Pradesh, and Maharashtra as of August 31, 2024.

Fund Allocation from IPO Proceeds

• ₹89.86 Crore for Capital Expenditure
• ₹273 Crore to Oswal Solar for a new facility in Haryana
• ₹280 Crore to repay debt
• ₹31 Crore for Oswal Solar's debt repayment

Financial Performance

Revenue

• FY24: ₹758.57 Crore
• FY23: ₹385.04 Crore
• 9M FY25 (April–December 2024): ₹1,065.67 Crore

Net Profit

• FY24: ₹97.67 crore
• FY23: ₹34.20 crore
• 9M FY25: ₹216.71 crore

Summary of the Article

The Oswal Pumps share price slipped below its IPO level after a sharp 8% decline in intraday trade on June 23, 2025. Despite a strong market debut with a 3% listing premium, the stock corrected from its peak of ₹649.15 to hit ₹580. A partial recovery saw it end at ₹627.95.

Oswal Pumps has demonstrated impressive financial growth, with notable increases in both revenue and net profit. With strong execution in solar pump installations and strategic allocation of funds from IPO proceeds, the company continues to be an active player in the energy and water solutions space.