Oswal Pumps Limited IPO

Oswal Pumps Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹584 - ₹614

Total Issue

₹1,387.34 Cr

Bid Dates

13 Jun - 17 Jun

Subscription

34.42x

Est. GMP

₹58 (9.45%)

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Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Oswal Pumps IPO
Category Lots Shares Amount
Retail (Min) 1 24 ₹14,736
Retail (Max) 13 312 ₹1,91,568
S-HNI (Min) 14 336 ₹2,06,304
S-HNI (Max) 67 1,608 ₹9,87,312
B-HNI (Min) 68 1,632 ₹10,02,048

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹1,387.34 Cr
Fresh Issue
₹890.00 Cr (1.45 Cr Shares)
Offer For Sale
₹497.34 Cr (0.81 Cr Shares)

Objects of Issue

  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

Grey Market Premium

GMP ₹58
Est. Price ₹672
Est. Gain 9.45%

Oswal Pumps IPO Peer Comparison

(Rs. in crores)

Oswal Pumps IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Oswal Pumps IPO
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

KPIs

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.

Shareholding

Promoter

99.88%

Public

0.12%

Shorya Trading Co 54.81%
Vivek Gupta 25.17%
Ess Aar Corporate 17.68%
Others 2.22%

Management

Vivek Gupta Chairman & MD
Subodh Kumar CFO

Registrar & Lead Managers

Registrar

MUFG Intime India

MUFG Intime India

Subscription Status

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

Mainboard Subscription Status for Oswal Pumps IPO
Category Sub (x) Offered Bids
QIB 88.55 45,19,024 40,01,38,176
NII 37.91 33,89,267 12,84,70,944
bHNI 45.22 22,59,511 10,21,83,216
sHNI 23.27 11,29,756 2,62,87,728
Retail 3.72 79,08,290 2,94,33,576
Total 35.28 1,58,16,581 55,80,42,696

Frequently Asked Questions

What is Oswal Pumps IPO?
Oswal Pumps IPO is a Mainboard IPO having an issue size of ₹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.
When will Oswal Pumps IPO open?
Oswal Pumps IPO opens on 13 Jun 25 and closes on 17 Jun 25.
What is the GMP of Oswal Pumps IPO?
The estimated Grey Market Premium of Oswal Pumps IPO is ₹58 per share (9.45%).
What is the lot size of Oswal Pumps IPO?
The minimum lot size of Oswal Pumps IPO is 24 shares & the minimum application amount is Rs. 14736.
When is the allotment of Oswal Pumps IPO?
The allotment date of Oswal Pumps IPO is 18 Jun 25.
What is the listing date of Oswal Pumps IPO?
The listing date of Oswal Pumps IPO is 20 Jun 25.
What is the subscription of Oswal Pumps IPO?
Oswal Pumps IPO is subscribed 34.42 times.
What is the price band of Oswal Pumps IPO?
Oswal Pumps IPO is priced at ₹584 - ₹614 per share.
How to check allotment status of Oswal Pumps IPO?
Click the allotment link on Oswal Pumps IPO page of IPO360.
How to apply Oswal Pumps IPO in Zerodha?
  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
How to apply Oswal Pumps IPO in Groww?
  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
How to apply Oswal Pumps IPO using ASBA?
  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