OSWAL PUMPS LIMITED

Price Band

₹ 584 - ₹ 614

Bid Lot

24 Shares

OSWAL PUMPS LIMITED

13-Jun-2025 - 17-Jun-2025

Price Band

₹ 584 - ₹ 614

Minimum Investment

₹ 14736.00

Bid Lot

24 Shares

Shares

22,595,114

IPO Details

QIB
50%

(11,297,556 Shares)Rs. 693.67 CR

HNI 1
5%

(1,129,756 Shares)Rs. 69.37 CR @ 3362 FORM 1X

HNI 2
10%

(2,259,512 Shares)Rs. 138.73 CR @ 6725 FORM 1X

Retail
35%

(7,908,290 Shares)Rs. 485.57 CR @ 329512 FORM 1X

Timeline

  • 13

    Jun-2025

    Open Date

  • 17

    Jun-2025

    Close Date

  • 18

    Jun-2025

    Basis of Allotment Date

  • 19

    Jun-2025

    Initiation of Refunds

  • 19

    Jun-2025

    Credit of Shares to Demat A/C

  • 20

    Jun-2025

    IPO Listing Date

Subscription as on 13-Jun-2025 17:39

Category

Book Size

Subscription

QIB

0.09x
4,519,023

(₹277.47 Cr.)

385,272

(₹23.66 Cr.)

HNI (<10 LAKH)

0.82x
1,129,756

(₹69.37 Cr.)

921,384

(₹56.57 Cr.)

HNI2 (>10 LAKH)

0.82x
2,259,512

(₹138.73 Cr.)

1,846,752

(₹113.39 Cr.)

RETAIL

0.47x
7,908,290

(₹485.57 Cr.)

3,711,600

(₹227.89 Cr.)

Total

0.43x
15,816,581
6,865,008

Category

Book Size

Subscription

QIB

0.09x
4,519,023

(₹277.47 Cr.)

385,272

(₹23.66 Cr.)

HNI (<10 LAKH)

0.82x
1,129,756

(₹69.37 Cr.)

921,384

(₹56.57 Cr.)

HNI2 (>10 LAKH)

0.82x
2,259,512

(₹138.73 Cr.)

1,846,752

(₹113.39 Cr.)

RETAIL

0.47x
7,908,290

(₹485.57 Cr.)

3,711,600

(₹227.89 Cr.)

Total

0.43x
15,816,581
6,865,008

*Excluding Anchor

Total No. of Application Approx : ~120116 (0.36 Appwise)

HNI Cost

About Company

Incorporated in 2003, Oswal Pumps Limited is a manufacturer and distributor of pumps. The company offers a diverse range of products catering to domestic, agricultural, and industrial applications, including solar pumps, submersible pumps, monoblock pumps, pressure pumps, sewage pumps, electric motors, submersible winding wires & cables, and electric panels.

As of August 31, 2024, the company had executed orders for 26,270 turnkey solar pumping systems directly under the PM-KUSUM Scheme for several states, including Haryana, Rajasthan, Uttar Pradesh, and Maharashtra.

The company operates a manufacturing facility located in Karnal, Haryana, which covers a total land area of 41,076 square meters as of March 31, 2024.

The company has a growing network of distributors across India, increasing from 473 distributors as of March 31, 2022, to 636 distributors as of March 31, 2024. Further, between April 1, 2021, and March 31, 2024, Oswal Pumps exported its products to 17 countries across the Asia-Pacific, Middle East, and North Africa regions.

As of March 31, 2024, the company had a team of 164 employees.

Strengths

Company Promoters

Company Financials

Oswal Pumps Limited Financial Information (Restated Consolidated)

Period Ended 31 Dec 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 1,096.01 511.28 252.30 221.84
Revenue 1,067.34 761.23 387.47 361.11
Profit After Tax 216.71 97.67 34.20 16.93
Net Worth 378.80 160.17 59.97 24.57
Reserves and Surplus 387.96 173.42 73.22 37.82
Total Borrowing 346.30 75.42 59.28 87.54
Amount in ? Crore

Objects of the Issue

The Company Oswal Pumps IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (Rs. in crores)
1 Funding certain capital expenditure of the Company. 89.86
2 Investment in the wholly-owned Subsidiary, Oswal Solar, in the form of debt or equity, for funding the setting up of new manufacturing units at Karnal, Haryana. 272.76
3 Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company. 280.00
4 Investment in the wholly-owned Subsidiary, Oswal Solar, in the form of debt or equity, for repayment/prepayment, in part or full, of certain outstanding borrowings availed by Oswal Solar. 31.00
5 General corporate purposes.  

How to Apply

Apply for IPO in few simple steps.

  • Step 1

    Once you create your account, Login to Easy Investing.

  • Step 2

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 3

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 4

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 5

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Easy Investing, in just a few clicks your application is processed. You can bid for any IPO through Easy Investing, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on Easy Investing’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

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