Oswal Pumps IPO - Details
The Oswal Pumps IPO is set to open on June 13, 2025, and will close on June 17, 2025. This is a Book Built Issue, with the company aiming to raise approximately ₹1,387.34 crore through the IPO, which includes a fresh issue of ₹890 crore and an offer for sale of up to 81,00,000 equity shares, each with a face value of ₹1.
The price band for the Oswal Pumps IPO is set at ₹584 to ₹614 per share. The allocation is structured as 35% for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net-Worth Individuals (HNI). The IPO is scheduled to list on the BSE and NSE on June 20, 2025, with the allotment date fixed for June 18, 2025.
Financially, the company reported revenues of ₹761.23 crore in 2024, a significant jump from ₹387.47 crore in 2023. Profits also grew, reaching ₹97.67 crore in 2024 compared to ₹34.2 crore in 2023. Based on these financials,

Oswal Pumps IPO Market Lot Size
The minimum lot size for the Oswal Pumps IPO is 24 shares, requiring an application amount of ₹14,736. Retail investors can apply for up to 13 lots, which equates to 312 shares, with a total investment of ₹191,568.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 24 | ₹14,736 |
Retail Maximum | 13 | 312 | ₹1,91,568 |
S-HNI Minimum | 14 | 336 | ₹2,06,304 |
B-HNI Minimum | 68 | 1,632 | ₹10,02,048 |
Oswal Pumps IPO Details
IPO Open Date: | June 13, 2025 |
IPO Close Date: | June 17, 2025 |
Face Value: | ₹1 Per Equity Share |
IPO Price Band: | ₹584 to ₹614 Per Share |
Issue Size: | Approx ₹1,387.34 Crores |
Fresh Issue: | Approx ₹890 Crores |
Offer for Sale: | Approx 81,00,000 Equity Shares |
Issue Type: | Book Build Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Oswal Pumps IPO Valuation – FY2024 (KPI)
This section provides a detailed look at the valuation metrics of the Oswal Pumps IPO, including key financial indicators such as Earnings Per Share (EPS), Price-to-Earnings (P/E) ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV), offering insights into the company’s financial positioning ahead of the listing.
KPI | Values |
ROE: | 88.73% |
ROCE: | 81.85% |
EBITDA Margin: | 19.79% |
PAT Margin: | 12.83% |
Debt to equity ratio: | 0.42 |
Earning Per Share (EPS): | ₹9.82 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 88.73% |
Net Asset Value (NAV): | ₹16.10 |
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
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹361.11 | ₹337.16 | ₹16.93 | ₹221.84 |
2023 | ₹387.47 | ₹340.87 | ₹34.20 | ₹252.30 |
2024 | ₹761.23 | ₹631.36 | ₹97.67 | ₹511.28 |
December 2024 | ₹1067.34 | ₹781.83 | ₹216.71 | ₹1096.01 |
Oswal Pumps IPO Dates
The Oswal Pumps IPO opens for subscription on June 13 and will remain open until June 17. Share allotment is expected to be finalized on June 18, with the company set to list on the stock exchange by June 20.
IPO Open Date: | June 13, 2025 |
IPO Close Date: | June 17, 2025 |
Basis of Allotment: | June 18, 2025 |
Refunds: | June 19, 2025 |
Credit to Demat Account: | June 19, 2025 |
IPO Listing Date: | June 20, 2025 |
Promoters of Oswal Pumps IPO
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 Pumps is recognized as a prominent manufacturer of low-speed monoblock pumps. With years of expertise in pump manufacturing, the company has now expanded into the production of solar-powered pumps. Backed by a skilled team of engineers and technicians, Oswal Pumps has been steadily growing in this space.
The company is regarded as one of India’s top turnkey solution providers for solar pumping systems. Its capabilities include the production of solar agricultural pumps, solar modules, and pump controllers, along with complete installation services. According to the company, material selection plays a crucial role in motor durability—using substandard materials can lead to rust and damage, which is why they emphasize quality in every component.
Driven by a growth-focused approach, Oswal Pumps has built a strong distribution network across the country, expanding from 473 distributors as of March 31, 2022, to 925 by December 31, 2024.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Kirloskar Brothers Limited | 43.84 | 37.57 | 22.30% | 216.47 | 4001.20 Cr. |
Shakti Pumps (India) Limited | 76.91 | 57.08 | 24.15% | 377.19 | 1370.74 Cr. |
WPIL Limited* | 17.72^ | 25.53 | 18.78%^ | 127.56 | 1664.40 Cr. |
KSB Limited* | 59.97 | 14.94 | 17.07% | 74.81 | 2247.24 Cr. |
Roto Pumps Limited | 12.55 | 45.29 | 21.95% | 61.88 | 274.50 Cr. |
Objects of the IPO
To finance specific capital expenditure requirements of the company.
To provide funding to the wholly-owned subsidiary, Oswal Solar, through debt or equity, for setting up new manufacturing units in Karnal, Haryana.
To prepay or repay, either partially or fully, certain outstanding borrowings of the company.
To invest in Oswal Solar for the repayment or prepayment of its existing debts.
To meet general corporate purposes.
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 Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/Initial_Offer/public-issues.html