
Capital Goods / Industrial Equipment · NSE / BSE
Oswal Pumps Limited, established in 2003, is a company that manufactures and distributes a wide range of pumps and related products for domestic, agricultural, and industrial use. Their product lineup includes solar pumps, submersible pumps, monoblock pumps, pressure pumps, sewage pumps, electric motors, submersible winding wires and cables, and electric panels. By August 31, 2024, the company had completed orders for 26,270 turnkey solar pumping systems under the PM-KUSUM Scheme across states like Haryana, Rajasthan, Uttar Pradesh, and Maharashtra. Their manufacturing facility is located in Karnal, Haryana, covering a total area of 41,076 square meters as of March 31, 2024. The company has been expanding its distribution network in India, growing from 473 distributors in March 2022 to 636 distributors by March 2024. Between April 1, 2021, and March 31, 2024, Oswal Pumps also exported its products to 17 countries across the Asia-Pacific, Middle East, and North Africa regions.As of March 31, 2024, the company employed a total of 164 people.
Price Band
₹584 – ₹614
Issue Size
₹1387 Cr
Lot Size
24 shares
GMP
+6.7%
Est. Listing
₹655
at current GMP
Subscribed
35.28x
overall
Open
13 Jun 2025
Close
17 Jun 2025
Allotment
18 Jun 2025
Refund
19 Jun 2025
Demat Credit
20 Jun 2025
Listing
20 Jun 2025
Designated Registrar: Link Intime India Private Limited
Allotment Date
18 Jun 2025
Basis finalization
Refunds Initiate
19 Jun 2025
Mandate release
Demat Credit
20 Jun 2025
Shares in demat
Listing Debut
20 Jun 2025
Trading begins
Oswal Pumps Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Equipment sector with an aggregate issue size of ₹1,387.34 Crores. The shares are offered at a price band of ₹584 to ₹614 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 24 shares (approx. ₹14,736 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-06-20, while un-allotted funds or UPI block mandates will be released on 2025-06-19.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.