
13.98x
subscribed
Oswal Pumps IPO
13.98x
subscribed
About Oswal Pumps Limited
Oswal Pumps Limited IPO Overview
Oswal Pumps Limited IPO Date
Oswal Pumps Limited IPO will open for subscription on June 13, 2025, and the closing date for the IPO is June 17, 2025. After this, investors are expected to be updated about the allotment status on Wednesday, June 18, 2025.
Investors who have been allotted shares can expect them to be credited to their demat account on June 19, 2025. The shares will be listed on the NSE and the BSE on Friday, June 20, 2025.
Oswal Pumps Limited IPO Price Band
The IPO includes a fresh issue of shares and an offer for sale. The IPO price band has been set between ₹584 to ₹614 per share. Interested investors can choose a price within this band to apply for the IPO.
The IPO is a book-building issue of ₹1,387.34 crore, comprising a fresh issue of ₹890 crore and an offer for sale of ₹497.34 crore. The Oswal Pumps Limited IPO listing price will be determined on June 20, 2025. The listing price is the price at which a company’s shares debut on the stock exchanges.
Oswal Pumps Limited IPO Lot Size
The Oswal Pumps IPO details have been declared. The minimum lot size for an application is 24 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is approximately ₹1,387.34 crore.
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Strength and Weakness
The company is the fastest-growing vertically integrated solar pump manufacturer in India, achieving a CAGR of 45.07% between FY22 and FY24. It supplied 45,545 solar pumping systems directly under the PM-KUSUM Scheme as of April 30, 2025, with strong order backlogs in major agricultural states like Haryana, Maharashtra, Rajasthan, and Uttar Pradesh.
While Oswal Pumps initially derived a significant 72.28% of its revenue from Haryana in FY24, it has strategically diversified its market presence in recent years. By 9MFY25, Haryana’s share reduced to 34.75%, with Maharashtra’s contribution rising to 44.30%. The company has also expanded into other key agricultural states like Uttar Pradesh, Rajasthan, and Punjab, alongside establishing a presence in 22 international markets, including Australia, Egypt, the UAE, and Saudi Arabia, reducing its dependence on any single geography.
As of 9MFY25, approx 96.55% of the company’s revenue was generated from the agricultural sector. The company offers a wide range of pumps with varying specifications in terms of capacity, power, efficiency, and voltage compatibility. This product diversity enables it to cater to a broad spectrum of customer requirements across both domestic and international markets, supporting market expansion and reducing dependence on any single product category.
The company has built a strong and geographically diversified distribution network, comprising 925 distributors across India as of December 31, 2024. To further strengthen its retail footprint, the company introduced the ‘Oswal Shoppe’ initiative in March 2024, setting up 248 exclusive outlets across states and providing financial support for shop interiors while enhancing brand visibility and customer access.
About Oswal Pumps Limited
IPO Subscription Status
Latest News on IPO
Frequently asked questions
How to invest in the IPO?
What is the issue size of Oswal Pumps IPO ?
What is 'pre-apply' for Oswal Pumps IPO ?
Which exchanges will Oswal Pumps IPO shares list on?
- Pre-apply11 Jun 2025
- Bidding starts13 Jun 2025
- Bidding ends17 Jun 2025
- Allotment finalisation18 Jun 2025
- Release of funds19 Jun 2025
- Demat transfer19 Jun 2025
- Listing20 Jun 2025