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Oswal Pumps IPO

Oswal Pumps IPO

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Registrar: MUFG Intime India Private Limited · Listing 2025-06-20
IPO Timeline
Today · 20 Oct 2026
Opens
13 Jun 2025
Closes
17 Jun 2025
Allotment
18 Jun 2025
Refund
19 Jun 2025
Demat
19 Jun 2025
Listing
20 Jun 2025
Price Band
₹584–614
GMP
₹0
0%
Lot Size
24 Shares
Min ₹14,736
Subscription
0x
Issue Size
₹1387 Cr
Open
2025-06-13
Close
2025-06-17
Listing
2025-06-20

About the company

Incorporated in 2003, Oswal Pumps Limited is one of the leading vertically integrated manufacturers of solar-powered and grid-connected pumps, electric motors, and solar modules. Its diverse product portfolio serves farmers, households, commercial establishments, and industries for applications ranging from field irrigation to water treatment and machinery cooling. The company markets its products under the ‘Oswal’ brand. A major growth driver for the company came in 2019 with the launch of the PM Kusum Scheme, which promotes the installation of 1.40 million solar agricultural pumps and solarisation of 3.5 million existing grid-connected pumps. The company capitalised on this by manufacturing solar-powered pumps.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      NII0x
      QIB0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 20 Jun 2025
      Listed 487 days ago
      1. IPO Opens

        Completed
        13 Jun 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        17 Jun 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        18 Jun 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        19 Jun 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        19 Jun 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        20 Jun 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      24 shares
      Price / Share (upper)
      ₹614
      Min Investment (1 lot)
      ₹14,736
      Price Band
      ₹584–614
      Retail
      ≤ ₹2,00,000
      Min lots
      1
      Min shares
      24
      Min amount
      ₹14,736
      Max amount
      ₹191,568
      sHNI (Small HNI)
      ₹2L – ₹10L
      Min lots
      14
      Min shares
      336
      Min amount
      ₹206,304
      Max amount
      ₹987,312
      bHNI (Big HNI)
      > ₹10L
      Min lots
      68
      Min shares
      1632
      Min amount
      ₹1,002,048
      Max amount
      ₹1,075,728

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹693.5 Cr
      Shares offered
      11,577,630
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹208.05 Cr
      Shares offered
      3,473,289
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹485.45 Cr
      Shares offered
      8,104,341
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).