₹ 14736
₹584- ₹614
24
₹634
3
17 Jun 2025
Download19 Jun 2025
20 Jun 2025
Application Details
The Oswal Pumps IPO will open for subscription from June 13 to June 17, 2025. The IPO is a Book Built Issue and will be listed on both the BSE and NSE. The price band for the issue has been fixed at ₹584 to ₹614 per share, with a face value of ₹1 per share. Investors can apply for a minimum lot size of 24 shares, requiring an investment of ₹14,736, while the maximum application for retail investors is capped at 13 lots or 312 shares, amounting to ₹1,91,568.
The total issue size comprises 2,25,95,114 equity shares, aggregating up to ₹1,387.34 crore. This includes a fresh issue of 1,44,95,114 shares worth ₹890 crore and an offer for sale (OFS) of 81,00,000 shares aggregating up to ₹497.34 crore.
Key dates for the IPO include the basis of allotment on June 18, 2025, the initiation of refunds and credit of shares to demat accounts on June 19, 2025, and the listing date scheduled for June 20, 2025.
About Oswal Pumps Limited
Company Overview
Incorporated on July 15, 2003, Oswal Pumps Limited is one of India’s fastest-growing vertically integrated solar pump manufacturers. The company specializes in manufacturing and distributing a wide range of products, including solar-powered and grid-connected submersible and monoblock pumps, electric motors (induction and submersible), solar modules, submersible winding wires and cables, pressure pumps, sewage pumps, and electric panels. All products are marketed under the ‘Oswal’ brand name.
Business Segments and Applications
With over 22 years of experience, OPL caters to a broad range of customers across the agricultural, residential, commercial, and industrial sectors. In agriculture, their pumps are used primarily for irrigation. In the residential segment, products are used for water extraction, overhead tank supply, garden and fountain maintenance, and household cleaning. Commercial clients such as shopping malls, hotels, and offices utilize their solutions for water supply and maintenance purposes.
In the industrial domain, their pumps and motors are deployed in applications such as boilers, water treatment plants, machinery operations, water transportation, sewage systems, and cooling towers.
Manufacturing and Distribution Network
Oswal Pumps Limited’s manufacturing facility is located in Karnal, Haryana, spanning a land area of 41,076 square meters as of March 31, 2024. The company is recognised for its vertically integrated manufacturing capabilities, enabling it to manage the entire process, from design and engineering to testing and production, in-house. OPL has also developed end-to-end capabilities for producing solar modules and turnkey systems.
On the distribution front, the company has expanded its reach significantly, growing its distributor network from 473 in March 2022 to 636 by March 2024. Furthermore, between April 1, 2021, and March 31, 2024, Oswal Pumps Limited exported its products to 17 countries across the Asia-Pacific, Middle East, and North Africa regions.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.