
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.
Bidding starts for all investor categories
Last day to place your bid
Share allotment finalised
Refunds credited for non-allottees
Allotted shares credited to demat account
Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 24 | ₹14,736 | 13 | ₹191,568 | ≤ ₹2,00,000 |
| sHNI (Small HNI) | 14 | 336 | ₹206,304 | 67 | ₹987,312 | ₹2L – ₹10L |
| bHNI (Big HNI) | 68 | 1632 | ₹1,002,048 | 73 | ₹1,075,728 | > ₹10L |
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 11,577,630 | 693.5 | 0 | 0.00x | 100% |
| NII | 15% | 3,473,289 | 208.05 | 0 | 0.00x | 100% |
| Retail | 35% | 8,104,341 | 485.45 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).