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Oswal Pumps Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares
  • Face Value Rs. 1
  • Listing Date
IPO Timeline
Opening date Jun 13, 2025
Closing date Jun 17, 2025
Listing Date

IPO Details

We are the fastest growing vertically integrated solar pump manufacturers in India in terms of revenue growth during the last three fiscals, with our revenues growing at a CAGR of 45.07% between Fiscal 2022 and Fiscal 2024. (Source: 1Lattice Report) We manufacture solar-powered and grid-connected submersible and monoblock pumps, electric motors comprising induction and submersible motors as well as solar modules, which we sell under the ‘Oswal’ brand. We have over 21 years of experience in pumps encompassing engineering, product design, manufacturing and testing. We cater to the diverse requirements of end-users in the agricultural sector for irrigating fields; the residential sector for maintaining gardens and fountains, extracting water, supplying water to overhead tanks and cleaning households and small establishments; commercial premises such as shopping malls, offices and hotels; industries which use our pumps in boilers and water treatment, water transportation and sewage applications and use our electric motors in machinery applications and cooling tower systems.

Projects

1. Project Name: Funding certain capital expenditure of our Company

Project Cost: 898.6

2. Project Name: Investment in our wholly-owned Subsidiary, Oswal Solar, in the form of debt or equity, for funding

Project Cost: 2727.58

3. Project Name: Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by our Company

Project Cost: 2800

4. Project Name: Investment in our wholly-owned Subsidiary, Oswal Solar, in the form of debt or equity, for repayment

Project Cost: 310

Promoters

Prmoters Name

1. Vivek Gupta

2. Amulya Gupta

3. Shivam Gupta

4. Ess Aar Corporate Services Pvt Ltd.

5. Shorya Trading Company Pvt Ltd.

6. Singh Engcon Pvt Ltd.

Prmoters Holdings

Registrar

Data not availble

Lead Managers

  • IIFL Securities Ltd.
  • Axis Capital Ltd.
  • CLSA India Ltd
  • JM Financial Ltd.
  • Nuvama Wealth Management Ltd.

Subscription Details