Oswal Pumps IPO Allotment Status

How to Check Oswal Pumps IPO Allotment Status?

Oswal Pumps Limited, incorporated in 2003, is a manufacturer and distributor of pumps offering 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.

The Oswal Pumps IPO comes with a total issue size of ₹1,387.34 crore, comprising a combination of fresh issue of 1.45 crore shares aggregating to ₹890.00 crore and offer for sale of 0.81 crore shares aggregating to ₹497.34 crore. The IPO opened on June 13, 2025, and closed on June 17, 2025. The allotment date for the Oswal Pumps IPO is expected to be finalised on Wednesday, June 18, 2025. The Oswal Pumps share price band is set at ₹584 to ₹614 per share.

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Steps to Check Oswal Pumps IPO Allotment Status on Registrar Site

• Visit the MUFG Intime India Private Limited (Link Intime) website
• Select "Oswal Pumps IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Oswal Pumps IPO Allotment Status on BSE/NSE

• Select the investment type: Equity/Debt
• Navigate to the BSE/NSE IPO Allotment Status Page
• Choose "Oswal Pumps IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Oswal Pumps IPO Subscription Status

Oswal Pumps IPO received strong investor interest, being subscribed 28.44 times overall. The subscription showed significant confidence particularly in institutional categories in the Oswal Pumps stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:35 PM on June 17, 2025:

• Retail Category: 3.72 times
• Qualified Institutional Buyers (QIB): 64.62 times
• Non-Institutional Investors (NII): 37.90 times

Oswal Pumps Share Price and Investment Details

The Oswal Pumps stock price band ranges from ₹584 to ₹614 per share with a minimum lot size of 24 shares. The minimum investment required for retail investors is ₹14,736 (at cut-off price), while sNII investors need to invest a minimum of ₹2,06,304 for 14 lots and bNII investors require ₹10,02,048 for 68 lots. Given the strong subscription response of 28.44 times, particularly from institutional investors, the Oswal Pumps share price is expected to list at a reasonable premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilized as follows:

• Capital Expenditure: Funding certain capital expenditure of the Company (₹89.86 crore)
• Subsidiary Investment - Manufacturing: Investment in wholly-owned Subsidiary, Oswal Solar, for funding the setting up of new manufacturing units at Karnal, Haryana (₹272.76 crore)
• Debt Repayment: Pre-payment/re-payment of certain outstanding borrowings availed by the Company (₹280.00 crore)
• Subsidiary Investment - Debt Repayment: Investment in wholly-owned Subsidiary, Oswal Solar, for repayment/prepayment of certain outstanding borrowings availed by Oswal Solar (₹31.00 crore)
• General Corporate Purposes: Supporting various business initiatives

Business Overview

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. Oswal Pumps operates a manufacturing facility in Karnal, Haryana, covering a total land area of 41,076 square meters as of March 31, 2024, and 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.

Between April 1, 2021, and March 31, 2024, the company exported its products to 17 countries across the Asia-Pacific, Middle East, and North Africa regions. The company has demonstrated exceptional financial performance with revenue of ₹1,067.34 crore and profit after tax of ₹216.71 crore for the nine months ended December 31, 2024, compared to revenue of ₹761.23 crore and PAT of ₹97.67 crore for FY 2024.

With a team of 164 employees as of March 31, 2024, and a strong focus on solar pumps segment, investors tracking the Oswal Pumps stock price will watch how the company leverages the IPO proceeds to expand its manufacturing capabilities and strengthen its market position as one of the leading players in the solar pumps segment.