Oswal Energies submitted its DRHP with the market regulator SEBI with the aim of raising funds via an Initial Public Offering (IPO).
This IPO includes the combination of both fresh issue ₹250 crore and an Offer-for-Sale up to 4.6 million equity shares with a face value of ₹10 each.
The proceeds of ₹177 crore from the fresh issue will be utilized for the long-term working capital needs. Out of which, ₹94.6 crore will be used in FY 2025-26 and ₹82.4 crore in FY 2026-27.
Oswal Energies Limited is an EPC company that also makes process equipment and packages. The company works in the energy sector, serving oil and gas, power, and petrochemical industries. The company has a factory in Gandhinagar, Gujarat, with a yearly production capacity of 2,000 metric tonnes.
In FY25, the company generated revenue of ₹410.87 crore. If compared to last year, the revenue was ₹256.04 crore. Also, the net profit of Oswal Energies Limited jumped to ₹65.80 crore, respectively.
In the last three years, Oswal Energies Limited’s net worth grew over 4 times, growing to ₹122.70 crore in FY25 from ₹26.87 crore in FY23. In FY25, the company had the total borrowings of ₹19.32 crore.
Oswal Energies has completed 5 EPC projects worth ₹334.9 crore and delivered 21 contracts worth ₹99.2 crore under its heavy engineering division in the last 3 years.
Oswal Energies IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Oswal Energies Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2023 | ₹160.43 | ₹152.99 | ₹5.34 |
| 2024 | ₹262.69 | ₹222.72 | ₹30.08 |
| 2025 | ₹412.67 | ₹324.11 | ₹65.80 |
Oswal Energies IPO Valuation – FY2025
Oswal Energies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹13.80 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 73.27% |
| Net Asset Value (NAV): | ₹25.74 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| The Anup Engineering Limited | 59.25 | 48.48 | 20.75% | 305.52 | 7,327.86 Cr. |
| Deep Industries Limited | (14.08) | (33.30) | (4.83)% | 284.31 | 4,269.93 Cr. |
| Lloyds Engineering Works Limited | 0.89 | 89.19 | 20.39% | 5.56 | 8,457.41 Cr. |
| Patels Airtemp (India) Limited | 30.18 | 15.98 | 11.00% | 287.79 | 3,878.16 Cr. |
Objects of the Issue
- Funding long-term working capital requirements of the Company
- General corporate purposes
IPO Lead Managers aka Merchant Bankers
- Monarch Networth Capital Limited



