Oswal Pumps IPO GMP, Price, Allotment, Profit Estimate 2025

Oswal Pumps IPO Description – Established in 2003, Oswal Pumps is recognized as one of India’s fastest-growing vertically integrated solar pump manufacturers, achieving a revenue growth rate of 45.07% CAGR from Fiscal 2022 to Fiscal 2024. The company specializes in solar-powered and grid-connected pumps, electric motors, and solar modules branded as ‘Oswal’. With over 21 years of experience, it serves various sectors including agriculture, residential, commercial, and industrial applications.

In March 2019, the Indian government launched the PM Kusum Scheme, aiming to install 1.40 million standalone solar agriculture pumps to enhance energy security for farmers. Oswal has capitalized on this initiative by expanding its operations to manufacture solar-powered agricultural pumps and providing Turnkey Solar Pumping Systems. As of 31 August 2024, the company executed orders for 26,270 systems across several states.

By 31 March 2024, Oswal supplied approximately 0.18 million solar-powered agricultural pumps, representing around 43.8% of the total installed under the PM Kusum Scheme. Revenue from these systems reached INR 62.69 crore in Fiscal 2024, constituting 85.72% of total operational revenue.

Promoters of Oswal Pumps – Vivek Gupta, Amulya Gupta, Shivam Gupta, Ess Aar Corporate Services Private Limited, Shorya Trading Company Private Limited, and Singh Engcon Private Limited

Oswal Pumps IPO Details

Oswal Pumps IPO Dates	13 – 17 June 2025
Oswal Pumps Issue Price	Coming soon
Fresh issue	INR 890 crore
Offer For Sale	81,00,000 shares
Total IPO size	Coming soon
Minimum bid (lot size)	Coming soon
Face Value	INR 1 per share
Retail Allocation	35%
Listing On	NSE, BSE

Oswal Pumps Financial Performance

	FY 2022	FY 2023	FY 2024	9M FY 2025
Revenue	360.38	385.04	758.57	1,065.67
Expenses	337.16	340.87	631.36	781.83
Net income	16.93	34.20	97.67	216.71
Margin (%)	4.70	8.88	12.88	20.34

Figures in INR Crores unless specified otherwise

Oswal Pumps Offer News

Oswal Pumps Valuations & Margins

	FY 2022	FY 2023	FY 2024 (Pre Issue)	FY 2025 (Post-Issue)*
EPS	1.70	3.44	9.82	21.77
PE Ratio	–	–	–	–

* Calculated on the basis of annualized Profits After Tax for FY 2025

	FY 2022	FY 2023	FY 2024
RONW (%)	58.88	80.91	88.73
NAV	2.47	6.03	16.10
ROCE (%)	27.01	45.47	81.85
EBITDA (%)	10.69	15.02	19.79
Debt/Equity	1.83	0.70	0.42

*Compiled by IPO Central from Prospectus

Oswal Pumps IPO GMP Today (Daily Trend)

Oswal Pumps IPO Objectives

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:

Funding certain capital expenditures of the company – INR 89.37 crore
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 – INR 419.16 crore
Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the company – INR 235 crore
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 – INR 26 crore
General corporate purposes

Oswal Pumps IPO Subscription – Live Updates

Coming soon

Shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market makers, if any, are not part of these calculations.

Oswal Pumps – Comparison With Listed Peers

Company	PE ratio	EPS	RONW (%)	NAV	Revenue (Cr.)
Oswal Pumps	–	9.82	88.73	16.10	758.57
Kirloskar Brothers	37.57	43.84	22.30	216.47	4,001.20
Shakti Pumps	57.08	76.91	24.15	377.19	1,370.74

Oswal Pumps IPO Allotment Status

Oswal Pumps IPO allotment status will be available on MUFG Intime’s website. Click on MUFG Intime IPO weblink to get allotment status.

Oswal Pumps IPO Dates & Listing Performance

IPO Opening Date	13 June 2025
IPO Closing Date	17 June 2025
Finalization of Basis of Allotment	18 June 2025
Initiation of refunds	19 June 2025
Transfer of shares to demat accounts	19 June 2025
Oswal Pumps IPO Listing Date	20 June 2025
Opening Price on NSE	Coming soon
Closing Price on NSE	Coming soon

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Oswal Pumps Offer Lead Manager

NUVAMA WEALTH MANAGEMENT LIMITED
801-804, Wing A, Building No 3, Inspire BKC,
G Block, Bandra Kurla Complex, Bandra East,
Mumbai – 400 051
Phone: +91 22 4009 4400
Email: [email protected]
Website: www.nuvama.com

Oswal Pumps Offer Registrar

MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in

OSWAL PUMPS LIMITED
Oswal Estate, NH-1 Kutail Road, P. O.
Kutail, District Karnal, Haryana 132 037, India
Phone: +91 18 4350 0307
Email: [email protected]
Website: www.oswalpumps.com

Oswal Pumps IPO FAQs

How many shares in Oswal Pumps IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply for Oswal Pumps Public Offer?

The best way to apply for Oswal Pumps public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.