Oswal Pumps Limited IPO

Oswal Pumps Limited IPO

Oswal Pumps is a leading manufacturer of solar-powered and grid-connected submersible and monoblock pumps, electric motors including induction and submersible motors, and solar modules, all marketed under the trusted 'Oswal' brand. With over 22 years of expertise in pump engineering, product design, manufacturing, and testing, the company caters to a wide range of needs across the agricultural, residential, and industrial sectors. Oswal Pumps operates two advanced manufacturing facilities in Karnal, Haryana one specializing in pumps and motors, and the other dedicated to solar module production enabling it to deliver reliable and efficient solutions to its diverse customer base.

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Price Band

₹584 - ₹614

Dates

13 Jun - 17 Jun

GMP

₹58 (9.45%)

Subscriptions

34.42 times

Issue Size

₹1,387.34 Crs

Oswal Pumps IPO Key Dates
Opening Date

13 Jun 25

Closing Date

17 Jun 25

Basis Of Allotment

18 Jun 25

Initiations Of Refund

19 Jun 25

Credit Of Shares

19 Jun 25

Listing Date

20 Jun 25

Oswal Pumps IPO Objects

  1. Funding Capex of the Company
  2. Investment in WOS, Oswal Solar, for funding the setting up of new manufacturing Unit
  3. Repayment of certain outstanding borrowings availed by our Company
  4. General corporate purposes

Oswal Pumps IPO Details
Price Band

₹584 - ₹614

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹890.00 Cr (1.45 Cr Shares)

Offer For Sale

₹497.34 Cr (0.81 Cr Shares)

Total Issue

₹1,387.34 Cr (2.26 Cr Shares)

Face Value

₹1 per equity share

Oswal Pumps IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 24 14,736
Maximum 13 312 1,91,568
Small HNI
Minimum 14 336 2,06,304
Maximum 67 1,608 9,87,312
Big HNI
Minimum 68 1,632 10,02,048
Oswal Pumps IPO Subscription

Updated as on 17-Jun-2025 19:00:00

Investor Category Subscription (times) Shares Offered Shared Bid
QIB 88.08 45,43,116 40,01,38,176
NII 36.70 35,00,959 12,84,70,944
bNII (bids above ₹10L) 43.78 23,33,973 10,21,83,216
sNII (bids between ₹2L to ₹10L) 22.53 11,66,986 2,62,87,728
Retail 3.60 81,68,905 2,94,33,576
Total 34.42 1,62,12,980 55,80,42,696
Oswal Pumps IPO GMP

The estimated Grey Market Premium of Oswal Pumps IPO is ₹58 per share (9.45%)

Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.

Category Allocation
Particulars Allocation
QIBs Not more than 50% of Net Offer
Big HNIs (NII) Not less than 10% of Net Offer
Small HNIs (NII) Not less than 5% of Net Offer
Retail Not less than 35% of Net Offer
Oswal Pumps IPO Financials

(Rs. in crores)

Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 1,065.67 758.57 385.04 360.38
Profit after Tax 216.71 97.67 34.20 16.93
Net Worth 378.80 160.17 59.97 24.57
Total Borrowing 346.30 75.42 59.28 87.54
Total Assets 1,096.01 511.28 252.30 221.84
NAV per share (in ₹) 38.06 16.10 6.03 2.47
EPS - Basic (in ₹) 21.78 9.82 3.44 1.70

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI KPI
EBITDA 19.79%
PAT 12.83%
RONW 88.73%
ROCE 81.85%
Net Debt to Equity 0.42
PE Ratio 62.53
PB Ratio 38.14
Mkt Cap (in Crs.) 6,998.21
  • All the data pertains to FY 2023-24.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.
Oswal Pumps IPO Peer Comparision

(Rs. in crores)

Particulars Oswal Pumps Kirloskar Brothers Shakti Pumps WPIL KSB Roto Pumps
Revenue from Ops (in Crs.) 758.57 4,001.20 1,370.74 1,664.40 2,247.24 274.50
PAT (In Crs.) 97.67 349.68 141.71 193.02 208.73 39.42
EPS - Basic 9.82 43.84 12.82 17.72 11.99 6.28
NAV per share 16.10 216.47 68.36 127.56 74.81 31.03
RONW 88.73% 22.30% 24.15% 18.78% 17.07% 21.95%
EBITDA 19.79% 14.45% 16.40% 17.92% 13.48% 23.88%
PAT Margin 12.83% 8.61% 10.31% 11.40% 9.16% 14.13%
Price to earning (PE) 62.53 41.94 66.72 27.31 66.79 42.08
Net Debt to Equity 0.42 -0.25 -0.14 -0.15 -0.21 0.06
  1. All information pertains to FY 2023-24.
  2. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 23, 2025 for Peers
Oswal Pumps IPO Peer Comparision

(Rs. in crores)

Particulars Oswal Pumps
Revenue from Ops (in Crs.) 758.57
PAT (In Crs.) 97.67
EPS - Basic 9.82
NAV per share 16.10
RONW 88.73%
EBITDA 19.79%
PAT Margin 12.83%
Price to earning (PE) 62.53
Net Debt to Equity 0.42
Kirloskar Brothers Shakti Pumps WPIL KSB Roto Pumps
4,001.20 1,370.74 1,664.40 2,247.24 274.50
349.68 141.71 193.02 208.73 39.42
43.84 12.82 17.72 11.99 6.28
216.47 68.36 127.56 74.81 31.03
22.30% 24.15% 18.78% 17.07% 21.95%
14.45% 16.40% 17.92% 13.48% 23.88%
8.61% 10.31% 11.40% 9.16% 14.13%
41.94 66.72 27.31 66.79 42.08
-0.25 -0.14 -0.15 -0.21 0.06
  1. All information pertains to FY 2023-24.
  2. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 23, 2025 for Peers
Promoter Details
Name Shareholding
Shorya Trading Co 54.81%
Vivek Gupta 25.17%
Ess Aar Corporate 17.68%
Others 2.22%
Total 99.88%
Management Details
Name Designation
Vivek Gupta Chairman & MD
Subodh Kumar CFO
Company Details

Name: Oswal Pumps Limited

Address: Oswal Estate, NH-1, Kutail Road, P. O. Kutail,
District Karnal, Haryana 132037, India

Number: +91 1843500307

Email: investorrelations@oswalpumps.com

Website: www.oswalpumps.com

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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Oswal Pumps IPO is a Mainboard IPO having an issue size of Rs. ₹1,387.34 Crs. Oswal Pumps IPO is priced at ₹584 - ₹614 per share. The issue opens on 13 Jun 25 and closes on 17 Jun 25.

Oswal Pumps IPO opens on 13 Jun 25 and closes on 17 Jun 25.

The estimated Grey Market Premium of Oswal Pumps IPO is ₹58 per share (9.45%).

The minimum lot size of Oswal Pumps IPO is 24 shares & the minimum application amount is Rs. 14736.

The allotment date of Oswal Pumps IPO is 18 Jun 25.

The listing date of Oswal Pumps IPO is 20 Jun 25.

Oswal Pumps IPO is subscribed 34.42 times.

Oswal Pumps IPO is priced at ₹584 - ₹614 per share.

Click the allotment link on Oswal Pumps IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Oswal Pumps IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date