Oswal Pumps IPO – Review
Oswal Pumps Limited, the fastest-growing vertically integrated solar pump manufacturer in India is planning to raise INR 1387 crore via IPO.
[Fresh Issue 890 crore + OFS 497 crore]
Oswal pumps ipo price band is INR 584 – 614 per share
Oswal Pumps: History
The Company was originally incorporated on July 15, 2003, in New Delhi (India) as Oswal Pumps Private Limited, a private limited company under the Companies Act, 1956.
At the board meeting, the company’s name was changed to Oswal Pumps Limited, and the Registrar of Companies issued a fresh certificate of incorporation on November 15, 2006.
Oswal Pumps: Business
Oswal Pumps Limited is an India-based company that manufactures solar-powered and grid-connected submersible and monoblock pumps, electric motors comprising induction and submersible motors as well as solar modules, which it sells under the ‘Oswal’ brand.
The Company has over 21 years of experience in pumps encompassing engineering, product design, manufacturing & testing and now become one of the fastest growing companies in the field of –
- solar pumps,
- submersible pumps,
- monoblock pumps,
- pressure pumps,
- sewage pumps,
- electric motors,
- submersible winding wires & cables, and
- electric panels
The Company also caters to the diverse requirements of end-users in the agricultural sector for irrigating fields;
the residential sector for maintaining gardens and fountains, extracting water, supplying water to overhead tanks and cleaning households and small establishments; commercial premises such as shopping malls, offices and hotels;
industries that use the company’s pumps in boilers and water treatment, water transportation and sewage applications and use the company’s electric motors in machinery applications and cooling tower systems.
ISO Certification
The company is an ISO 9001:2015 certified company, and its products are ISI-marked and BEE-marked.
Oswal Pumps Limited is one of the leading manufacturers of energy-efficient stainless steel pumps in India, and its products are 5-star rated from BEE (Bureau of Energy Efficiency).
Network
Oswal Pumps Limited offers more than 1000 varieties of products to the market through a wide distributor & dealer network all over India.
The Company has successfully exported its products to 20 countries including Australia, Bangladesh, Cyprus & Dubai and is looking to expand to 50 countries in the near future.
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Strategies Ahead
- Backward integration in pump manufacturing value chain,
- Enhance automation in pump manufacturing and strengthen capabilities through strategic acquisitions
- Continue to focus on government schemes and maintain a leadership position
- Increase manufacturing capacity for solar modules
- Introduce new products in the industrial pumps and electric motors categories.
- Increase presence in select geographies in India and growing exports
Company Promoters
- Vivek Gupta,
- Amulya Gupta,
- Shivam Gupta,
- Ess Aar Corporate Services Private Limited,
- Shorya Trading Company Private Limited,
- Singh Engcon Private Limited
IPO Details
Ipo date = 13 June to 17 June 2025
Minimum Amount = INR 14,736
Minimum Bid = 24 Shares
Face Value (FV) = INR 1
Listing On = NSE, BSE
Book Running Lead Managers
IIFL Capital Services Limited,
Axis Capital Limited,
Clsa India Private Limited,
Jm Financial Limited,
Nuvama Wealth Management Limited
FINANCIALS
CONCLUSION
FinBlab recommends ‘SUBSCRIBE‘ ratings on Oswal Pumps IPO
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