Oswal Pumps IPO Details
The Oswal Pumps IPO is a book build issue with a total issue size of ₹1387.34 cr, comprising of fresh issue of 14495114 equity shares., and a offer for sale of 8100000 equity shares. Oswal Pumps IPO opened for subscription on Jun 13, 2025 and closed on Jun 17, 2025. Oswal Pumps IPO is set price band at ₹584 to ₹614 per share, with a lot size of 24 shares. Minimum investment for Retail investors was ₹14,736.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jun 18, 2025, and listed on both the NSE and BSE on Jun 20, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. IIFL Capital Services Limited, Axis Capital Limited, CLSA India Private Limited, JM Financial Limited and Nuvama Wealth Management Limited are the Book Running Lead Manager for the issue.
Before investing in the Oswal Pumps IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 584 – 614
- Lot Size
- 24
- Issue Size
- ₹1387.34 Cr
- Minimum Investment
- ₹14736 (24 Shares)
- Listing Date
- 20 June 2025
Current GMP
₹41 (+6.68%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Oswal Pumps Limited
Oswal Pumps Limited is one of India’s fastest-growing vertically integrated manufacturers of solar pumps, with a revenue CAGR of 45.07% between Fiscal 2022 and 2024. Established in 2003, the company has over 22 years of experience in pump engineering and has expanded its product range to include solar and grid-connected submersible and monoblock pumps, electric motors, and solar modules, all under the 'Oswal' brand.
A key growth driver has been its participation in the Government of India’s PM Kusum Scheme, under which it supplies solar-powered agricultural pumps and Turnkey Solar Pumping Systems (TSPs). As of December 2024, Oswal had supplied approximately 38% of all solar pumps installed under the scheme nationwide. The company operates advanced, ISO-certified manufacturing facilities in Karnal, Haryana, with integrated production for pumps, motors, and solar modules, and has a significant presence through its distribution network across India and exports to 22 countries.
Its innovation in pump technology, focus on in-house manufacturing, and sustainable practices like component recycling have further strengthened its market position.
Oswal Pumps IPO Promoters
- Vivek Gupta, Amulya Gupta
- Shivam Gupta
- Ess Aar Corporate Services Private Limited
- Shorya Trading Company Private Limited
- Singh Engcon Private Limited
Promoters Holding
Holding Pre Issue
99.98%
Holding Post Issue
80.07%
Oswal Pumps IPO Objective
The Company Oswal Pumps IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding certain capital expenditure of our Company;
- Investment in our wholly-owned Subsidiary, Oswal Solar, in the form of equity, for funding the setting up of new manufacturing units at Karnal, Haryana;
- Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by our Company;
- Investment in our wholly-owned Subsidiary, Oswal Solar, in the form of equity, for repayment/prepayment, in part or full, of certain outstanding borrowings availed by Oswal Solar; and
- General corporate purposes (collectively, the “Objects”).
Address / Contact Info
Oswal Pumps Limited
Oswal Estate, NH-1, Kutail Road,
P. O. Kutail, District Karnal,
Haryana 132037
Phone: +91 18 4350 0307
Email: investorrelations@oswalpumps.com
IPO Snapshot
Book Running Lead Managers
- IIFL Capital Services Limited
- Axis Capital Limited
- CLSA India Private Limited
- JM Financial Limited
- Nuvama Wealth Management Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Oswal Pumps IPO is a Book-building IPO with a total issue size of ₹1387.34 crore. The Oswal Pumps IPO price band is ₹584 to 614 per share. The Oswal Pumps IPO subscription opens on Fri, Jun 13, 2025, and closes on Tue, Jun 17, 2025. The Oswal Pumps IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Oswal Pumps IPO.
The Oswal Pumps IPO opens on Fri, Jun 13, 2025 and closes on Tue, Jun 17, 2025
Oswal Pumps IPO Price Band is ₹584 to 614 per share.
Oswal Pumps IPO lot size is 24 shares, Retail investors need a minimum investment of ₹14736 based on the upper price band
The minimum investment for Oswal Pumps IPO is ₹14736, based on one lot of 24 shares at the upper price band of ₹614 per share.
Investors can apply for the Oswal Pumps IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Jun 17, 2025. The application amount remains blocked until the Oswal Pumps IPO allotment is finalized.
Oswal Pumps IPO issue size is ₹1387.34 crores.
Oswal Pumps IPO allotment date is Wed, Jul 1, 2026.
The registrar for Oswal Pumps IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Oswal Pumps IPO allotment status, refund processing, and other IPO-related information.
The Oswal Pumps IPO GMP (Grey Market Premium) is ₹41 as of Fri, Jun 20, 2025. Based on the upper price band of ₹614 per share, the estimated Oswal Pumps IPO listing price is ₹655, indicating a potential listing gain of approximately 0% over the issue price.