Introduction
The Oswal Pumps IPO which is eagerly awaited is launching the markets on June 13, 2025, with the price band of ₹584 to ₹614 per share. Oswal Pumps, which is known for its solar-powered pumping solutions and water management systems, is now going public and investors can get a share in its fast-growing business
IPO Details & Lot Size
This IPO consists of a fresh issue of ₹890 crore and an Offer for Sale (OFS) by promoter Vivek Gupta of up to 8.1 million shares. The minimum lot size for retail investors is 24 shares, which will require an investment of approximately ₹13,936–₹14,736, based on the last issue price.
The IPO is planned to generate funds for expansion, debt repayment, and general corporate purposes.
Important Dates to Remember
- Anchor Investor Bidding: June 12, 2025.
- IPO Opens: June 13, 2025
- IPO Closes: June 17, 2025
- Allotment Date: June 18, 2025
- Refunds/Share Credit: June 19, 2025
- Listing Date: June 20, 2025
These dates provide a schedule for investors to follow the progress and prepare their entry in the IPO procedure
Company Overview & Financials
Oswal Pumps is an electric and solar-powered pump manufacturer company established in 2003. The company had a good financial year in FY24 with recorded revenue of more than ₹1,065 crore and a net profit of ₹216 crore in the first nine months alone. This IPO positions Oswal to scale further, especially in the renewable and agricultural segments.
Use of Proceeds
The money that will be raised through the IPO is planned to be utilized for:
- Capital expenditure (₹89.86 crore)
- Solar manufacturing unit setup (₹272.75 crore)
- Debt repayment (₹280 crore)
- Working capital and general corporate purposes
Conclusion
The price range of ₹584–₹614 of the Oswal Pumps IPO is an offer to buy a stake in the clean energy sector. It is one of the most corned-of-the-eye primary issues in the month of June 2025, given the firm financials, ever-increasing demand for solar solutions, and a strategic growth plan. Buyers from the retail and institutional sectors are watching closely as they prepare to place their bets on June 20.