Oswal Pumps IPO Anchor Allocation at 30.00%

Oswal Pumps IPO received a strong anchor allocation response, with 30.00% of the total IPO size subscribed by anchor investors. Out of the 2,25,95,114 shares on offer, anchor investors were allocated 67,78,533 shares, demonstrating significant market confidence. The anchor allocation details were reported to the stock exchanges on June 12, 2025, just ahead of the IPO opening on June 13, 2025.

The book-built issue of ₹1,387.34 crores is a combination of a fresh issue of 1,44,95,114 shares aggregating to ₹890.00 crores and an offer for sale of 81,00,000 shares aggregating to ₹497.34 crores. The price band is set at ₹584 to ₹614 per share, with a face value of ₹1 per share. This includes a share premium of ₹613 per share at the upper end of the price band.

The anchor allocation process, which took place on June 12, 2025, saw robust participation from institutional investors. The entire anchor allocation was made at the upper end of the price band, ₹614 per share, highlighting strong demand and confidence in the company's growth potential.

After the anchor allocation, the overall allocation of the Oswal Pumps IPO looks as follows:

The lock-in period for anchor investors is a critical aspect of the allocation. For the Scoda Tubes IPO, the lock-in details are as follows:

• Lock-in Period (50% Shares): July 20, 2025
• Lock-in Period (Remaining Shares): September 18, 2025

This lock-in period ensures that anchor investors maintain their investments for a specified duration, contributing to stock price stability post-listing.

Anchor Investors in Oswal Pumps IPO

Anchor investors, typically large institutional investors, are allotted shares in an IPO before it opens to the public. The anchor allocation process plays a pivotal role in price discovery and instilling confidence among retail investors. The strong response from anchor investors often sets a positive tone for the public issue and influences the overall subscription levels.

On June 12, 2025, Oswal Pumps IPO completed the bidding for its anchor allocation. A total of 67,78,533 shares were allotted to anchor investors at the upper IPO price band of ₹614 per share, resulting in an overall anchor allocation of ₹416.20 crore. This represents 30.00% of the total issue size of ₹1,387.34 crore, indicating robust institutional demand.

Oswal Pumps IPO Key Details:

About Oswal Pumps IPO and How to Apply

Incorporated in 2003, Oswal Pumps Limited 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.

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, 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, Oswal Pumps exported its products to 17 countries across the Asia-Pacific, Middle East, and North Africa regions, and as of March 31, 2024, the company had a team of 164 employees.

The company is promoted by Vivek Gupta, Amulya Gupta, Shivam Gupta, Ess Aar Corporate Services Private Limited, Shorya Trading Company Private Limited, and Singh Engcon Private Limited, positioning itself as one of the leading players in the solar pumps segment with strong growth in both top and bottom lines attributed to its strategic shift towards the solar pump segment.