Oswal Pumps IPO Date, Review, Price, Allotment Details

Oswal Pumps IPO Details

Oswal Pumps IPO Market Lot

The Oswal Pumps IPO minimum market lot is 24 shares with ₹14,736 application amount. The retail investors can apply up-to 13 lots with 312 shares of ₹1,91,568 amount.

Oswal Pumps IPO Dates

The Oswal Pumps IPO date is June 13 and the close date is June 17. The Oswal Pumps IPO allotment will be finalized on June 18 and the IPO listing on June 20.

The promoters of the company are Vivek Gupta, Amulya Gupta, Shivam Gupta, Ess Aar Corporate Services Private Limited, Shorya Trading Company Private Limited and Singh Engcon Private Limited.

About Oswal Pumps IPO

Oswal Pump is one of the leading companies in terms of manufacturing low-speed monoblock pumps. Though they have an amazing experience in manufacturing pumps so they have decided to use it in producing solar-powered pumps. Due to an experienced and skilled engineering and technician team, the company is on the rise.
The firm is well-known as one of the premier turnkey solar pumping systems providers in India, with the capability to manufacture solar-powered agricultural pumps, solar modules, and pump controllers, and provide installation services for such systems. Additionally, the company said, motors are made from various raw materials. If the wrong ones are used, the products can rust or get damaged. So, choosing the right materials is very important.

As follows the rule and believe in growing, they have a large network of distributors across India, which grew from 473 on March 31, 2022, to 925 by December 31, 2024.

Oswal Pumps IPO Company Financial Report

The company reported revenue of ₹761.23 crores in 2024 against ₹387.47 crore in 2023. The company reported profit of ₹97.67 crores in 2024 against profit of ₹34.2 crores in 2023.

Amount ₹ in Crores

Oswal Pumps IPO Valuation – FY2024

Check Oswal Pumps IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Funding certain capital expenditure of the Company.
• 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.
• Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company.
• 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.
• General corporate purposes.

Oswal Pumps IPO Review

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Oswal Pumps IPO Registrar

MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/Initial_Offer/public-issues.html

IPO Lead Managers aka Merchant Bankers

• IIFL Capital Services Limited
• Axis Capital Limited
• Clsa India Private Limited
• Jm Financial Limited
• Nuvama Wealth Management Limited

Company Address

Oswal Pumps Limited
Oswal Estate NH-1,
Kutail Road, P. O. Kutail,
District Karnal,
Karnal, Haryana
Phone: +91 18 4350 0307
Email: [email protected]
Website: http://www.oswalpumps.com/

Oswal Pumps IPO FAQs

Note: The Oswal Pumps IPO price band and date are officially announced. The (Oswal Pumps IPO grey market premium) will be added to the IPO GMP page as it will start).