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Oswal Pumps IPO

  • Status: Closed
  • RHP:
  • ₹ 14,016 / 24 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    20 Jun 2025

  • Listing Price

    ₹632.00

  • Listing Change

    2.93%

  • Last Traded Price

    ₹703.95

IPO Details

  • Open Date

    13 Jun 2025

  • Close Date

    17 Jun 2025

  • Listing Date

    20 Jun 2025

  • IPO Price Range

    ₹ 584 to ₹614

  • IPO Size

    ₹ 1387.34 Cr

  • Listing Exchange

    BSE NSE

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Oswal Pumps IPO Subscription Status

Last Updated: 17 June 2025 6:01 PM by 5paisa

Oswal Pumps Limited is launching a ₹1,387.34 crore IPO. It manufactures pumps for domestic, agricultural, and industrial use, including solar and submersible types. The company has executed over 26,000 solar pump orders under the PM-KUSUM Scheme. Its Karnal-based facility spans 41,076 sq. m. With a growing distributor network and exports to 17 countries, Oswal had 164 employees as of March 2024.

Established in: 2003
Managing Director: Mr. Vivek Gupta

Peers

Kirloskar Brothers Limited
Shakti Pumps (India) Limited
WPIL Limited
KSB Limited
Roto Pumps Limited
 

Objectives

Funding select capital expenditure of the company.
Investment in Oswal Solar (wholly-owned subsidiary) for setting up new manufacturing units in Karnal, Haryana.
Partial or full prepayment/repayment of company’s borrowings.
Investment in Oswal Solar for repayment/prepayment of its borrowings.
General corporate purposes.
 

Oswal Pumps IPO Size

Types Size
Total IPO Size ₹1,387.34 Cr.
Offer For Sale ₹497.34 Cr.
Fresh Issue ₹890.00 Cr.

 

Oswal Pumps IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 24 14,016
Retail (Max) 13 312 182,208
S-HNI (Min) 14 336 196,224
S-HNI (MAX) 67 1608 939,072
HNI (Min) 68 1632 953,088

Oswal Pumps IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 64.62 45,19,024 29,20,13,328 17,929.618
NII (HNI) 37.90 33,89,267 12,84,65,232 7,887.765
bNII (bids above ₹10L) 44.50 22,59,511 10,05,38,712 6,173.077
sNII (bids below ₹10L) 23.11 11,29,756 2,61,09,096 1,603.098
Retail 3.72 79,08,290 2,93,90,280 1,804.563
Total** 28.44 1,58,16,581 44,98,68,840 27,621.947

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Oswal Pumps IPO Anchor Allocation

Anchor Bid Date June 12, 2025
Shares Offered 67,78,533
Anchor portion Size (In ₹ Cr.) 416.20
Anchor lock-in period end date for 50% shares (30 Days) July 18, 2025
Anchor lock-in period end date for remaining shares (90 Days) September 16, 2025

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY23 FY24
Revenue 361.11 387.47 761.23
EBITDA 38.5 57.82 150.12
PAT 16.93 34.20 97.67
Particulars (in Rs. Crores)] FY22 FY23 FY24
Total Assets 221.84 252.30 511.28
Share Capital 5.85 5.85 5.85
Total Borrowings 87.54 59.28 75.42
Particulars (in Rs. Crores FY22 FY23 FY24
Net Cash Generated From / (used in) operating activities 64.92 49.92 16.92
Net Cash Generated From / (used in) investing activities -45.97 -20.55 -23.52
Net Cash Generated From / (used in) financing activities -13.51 -33.32 3.41
Net Increase (Decrease) In Cash And Cash Equivalents -5.44 -3.94 -3.19


Strengths

1. Leading supplier of solar pumps under the PM-KUSUM Scheme.
2. Vertically integrated operations ensure cost and quality control.
3. Wide product range for agricultural, domestic, and industrial use.
4. Strong pan-India distribution with presence in key farming states.
 

Weaknesses

1. High dependency on experienced senior management and skilled technicians.
2. Exposure to hazardous materials increases operational and legal risks.
3. Single-location manufacturing may affect continuity during disruptions.
4. Limited global brand recognition despite exports to 17 countries.
 

Opportunities

1. Growing demand for solar and energy-efficient water systems.
2. Expansion into untapped rural and semi-urban markets.
3. Rising government focus on clean energy and irrigation schemes.
4. Strengthening export potential in emerging economies.
 

Threats

1. Operational disruptions could impact manufacturing and order fulfilment.
2. Regulatory changes in renewable energy policies may affect demand.
3. Rising raw material costs may compress margins.
4. Increasing competition from domestic and international pump makers.
 

1. Strong revenue and profit growth with PAT tripling from FY23 to FY24.
2. Market leader in solar pump installations under the government-backed PM-KUSUM scheme.
3. Expanding domestic footprint and growing exports to 17 international markets.
4. Fresh issue to fund expansion, reduce debt, and support long-term growth through Oswal Solar.
 

1. Robust demand for solar pumps driven by expanding irrigation and clean energy initiatives.
2. Government support (e.g. PM-KUSUM) fueling adoption of renewable-energy water solutions.
3. Pumping market growth in India, supported by urbanization and agricultural mechanization.
4. Export potential rising from Asia-Pacific, Middle East, North Africa demand for cost-effective pumps.
 

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FAQs

Oswal Pumps IPO opens from June 13, 2025 to June 17, 2025.
 

The size of Oswal Pumps IPO is ₹1,387.34 Cr.
 

The price of Oswal Pumps IPO is fixed at ₹584 to ₹614 per share. 
 

To apply for Oswal Pumps IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the Oswal Pumps  IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Oswal Pumps IPO is 24 shares and the investment required is ₹14,016.

The share allotment date of Oswal Pumps IPO is June 18, 2025
 

The Oswal Pumps IPO will likely be listed on June 20, 2025.
 

IIFL Capital Services Limited, Axis Capital Limited, CLSA India Private Limited, JM Financial Limited, Nuvama Wealth Management Limited are the book running lead managers for Oswal Pumps IPO.

Oswal Pumps plans to utilise the raised capital from the IPO for:

  • Funding select capital expenditure of the company.
  • Investment in Oswal Solar (wholly-owned subsidiary) for setting up new manufacturing units in Karnal, Haryana.
  • Partial or full prepayment/repayment of company’s borrowings.
  • Investment in Oswal Solar for repayment/prepayment of its borrowings.
  • General corporate purposes.