Oswal Pumps IPO was subscribed overall 34.42 times on the last day, while the retail quota was subscribed 3.60 times, QIB subscribed 88.08 times, and NII quota subscribed 36.70 times respectively.
Details About Oswal Pumps IPO
Oswal Pumps got approval from SEBI for an IPO of ₹1,387.34 crores. Oswal Pumps IPO is considered a fresh issue of ₹890 crores and offer for sale up to 81,00,000 equity shares with a face value of ₹1 each.
Moreover, the Oswal Pumps company has decided on a price band between ₹584 to ₹614 per share. In this IPO total of 24 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category, 312 shares in 13 lot sizes, while S-HNI (Min) total of 336 shares in 14 lot sizes, while for the B-HNI category shares were 1,632 in 68 lot size.
To invest in Oswal Pumps IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,736 and maximum investment of ₹1,91,568.
- Small HNI (S-HNI): Minimum investment of ₹2,06,304.
- B-HNI:- a minimum investment of ₹10,02,048.
Oswal Pumps IPO subscription duration
The Opening date of Oswal Pumps’s IPO was June 13, 2025, and the closing date was June 17, 2025.
The Oswal Pumps IPO allotment was finalized on June 18, 2025, and the IPO listing is on June 20, 2025.
About Oswal Pumps IPO
Oswal Pump is an experienced company in terms of manufacturing pumps, with the decision to use it in producing solar-powered pumps. One of the main reasons to be shining is the experienced and engineering technician team. They manufactured low-speed monoblock pumps.
Additionally, the company said, motors are made from various raw materials. If the wrong ones are used, the products can rust or get damaged. So, choosing the right materials is very important.
As follows the rule and believe in growing, they have a large network of distributors across India, which grew from 473 on March 31, 2022, to 925 by December 31, 2024.
Oswal Pumps IPO Financial Background
Oswal Pumps’ revenue of ₹761.23 crores in 2024, whereas ₹387.47 crores in 2023. The company reported a profit of ₹97.67 crores in 2024 against a profit of ₹34.2 crores in 2023.
