Explore Oswal Pumps IPO
The global market for solar water pumps will be reaching around USD 5.64 billion by 2028. This has brought a major encouragement among investors to invest in solar water pump industries. Oswal Pumps Limited, being in this sector for the past two decades, has gained enough popularity and revenue. Now, it's preparing to enter the public market.
IPO lead managers of the company are: Nuvama Wealth Management Limited, Axis Capital Limited, JM Financial Limited, IIFL Securities Limited, and CLSA India Private Limited. The registrar of Oswal Pumps IPO is Link Intime India Private Limited.
For more information, one can refer to the DRHP.
Note: For 50% of the shares, the anchor lock-in period expires 30 days following the actual allocation, and for the remaining part, it ends 90 days later.
Oswal Pumps IPO: Company Profile
Oswal Pumps is known for its manufacturing expertise in pumping systems and solar-powered water pumps. The company has filed its DRHP with SEBI. With more than 20 years in the business, Oswal Pumps has reached the following milestones:
Particulars | Details |
Established | 2003 |
Chairman And Managing Director | Mr. Vivek Gupta |
Dealer Network | Over 2,000 dealers across India |
Product Range | 1,000+ product variants |
Export Presence | Shipped to 20 countries; expansion planned to 50 countries |
Headquartered | Karnal, Haryana |
Competitors | Kirloskar, CRI Pumps, KSB Pumps, Texmo Industries |
Exploring Oswal Pumps IPO
Here's a look at all the important details about Oswal Pumps IPO you must know.
Check out the Oswal Pumps IPO Date specified by the company.
Particulars | Description |
Offer opening date | 13 June 2025 |
Offer closing date | 17 June 2025 |
Anticipated Anchor investor bidding date | 12 June 2025 |
Expected listing | Not disclosed |
Listed at | NSE & BSE |
The Oswal Pumps IPO issue size is discussed in this section.
Particulars | Number of Equity Shares | Aggregate Value |
Fresh Issue | Not disclosed | ₹8,900.00 million million |
Offer for Sale | 8,100,000 | Not disclosed |
Overall Issue | Not disclosed | Not disclosed |
Here's the plan for using the total funds from the Oswal Pumps IPO.
Particulars | Estimated Funds from the Issue (₹ in million) |
Capital expenditure for Oswal Pumps Limited | 898.60 |
Investment in new manufacturing units in Haryana | 2727.58 |
Prepayment/repayment (full or partial) of outstanding borrowings availed by Oswal Pumps Limited | 2800.00 |
Investment in Oswal Solar for repaying/prepaying outstanding borrowings (full or partial) | 310.00 |
General corporate purposes | [To be disclosed] |
Total | [To be disclosed] |
Other takeaways from the Oswal Pumps share price
A top takeaway from the Oswal Pump IPO, i.e., the Oswal Pumps IPO price, is mentioned below.
Particulars | Description |
Face value of each share | ₹1 |
Price Range | ₹614 |
Categorisation of different investors
Check out the parameters that differ among different types of investors.
Parameters | QIB | NII | RII |
Percentage of the offer available for allotment | Up to 50% of the total offer. | At least 15% of the offer. | A minimum of 35% of the offer. |
Minimum bid (must exceed) | Applicants can bid for equity shares of face value ₹1 each, in multiples, such that the total bid amount exceeds ₹2 lakh. | Investors can apply for shares of ₹1 face value, in multiples, ensuring the bid amount goes beyond ₹10 lakh.
| Applications must be for equity shares of face value ₹1 each. |
Maximum bid (should not exceed) | Can apply in multiples of ₹1 shares up to the offer size. | Can bid in ₹1 shares in set multiples, up to the offer size (excluding QIB portion), as per their limits.
| The total bid amount does not exceed ₹2 lakhs.
|
Your shares will be credited directly to your demat account. But if you don't have a demat account yet, check out the top brokers in India. Open your demat account today.
Oswal Pumps IPO details: Key Financials
With strong RONW (88.73%) and a 3x revenue growth in FY24, Oswal Pumps appears well-positioned in the IPO space, especially given the growing demand for solar water pumps. The financial statements show the following key details.
Particulars | FY 2024 (₹ million) | FY 2023 (₹ million) | FY 2022 (₹ million) |
Revenue from Operations | 7,585.71 | 3,850.36 | 3,603.84 |
Gross Profit | 2,556.05 | 1,181.94 | 1,061.85 |
Gross Margin (%) | 33.70% | 30.70% | 29% |
Operating EBITDA | 1,501.24 | 578.19 | 385.23 |
Operating EBITDA Margin (%) | 19.79% | 15.02% | 11% |
Profit After Tax (PAT) | 976.65 | 341.99 | 169.29 |
PAT Margin (%) | 13% | 9% | 5% |
EPS (Basic) (approx) | — | — | — |
Operating Cash Flow | — | — | — |
Ratios & Metrics of Oswal Pumps IPO
Oswal Pumps IPO - Check Date, Price, GMP, Review, Details
Particulars | FY 2024 | FY 2023 | FY 2022 |
Return on Net Worth (RoNW %) | 88.73% | 80.91% | 58.88% |
Return on Capital Employed | 81.85% | 45.47% | 27.01% |
Net Debt-to-Equity Ratio (x) | 0.42 | 0.7 | 1.83 |
Net Debt to Operating EBITDA (x) | 0.5 | 0.96 | 2.08 |
Cash Conversion Cycle (Days) | 91 | 66 | 71 |
Gross Block | 1,148.28 | 917.92 | 742.11 |
Additions to PPE (Capex) | 284.7 | 175.81 | 172.95 |
Fixed Asset Turnover Ratio (x) | 8.33 | 4.96 | 6.51 |
Total Borrowings | 754.22 | 592.84 | 875.4 |
Strengths and risks
The strengths and risks associated with the Oswal Pump share are discussed here.
Strengths
Top supplier of agri-solar pumps.
Vertically integrated manufacturing ensures better control over quality and costs.
Advanced automation investment.
Diverse product portfolio.
Risks
Heavy reliance on the PM Kusum Scheme and government tenders.
Agricultural sector dependency makes the business vulnerable.
Geographic concentration in a few states.
High revenue dependency on the top 10 customers, with over 70% of sales from them.
Should you apply for the Oswal Pumps IPO?
The Oswal Pumps IPO GMP is available here, the IPO is already set to go live this month! Taking a look at the Oswal Pump financials and IPO details can help you make a smart investment choice. Ready to invest? Click here to apply for Oswal Pumps IPO now!
