Oswal Pumps Limited, one of India’s fastest-growing, vertically integrated solar pump manufacturer companies, on Monday, 02 March 2026, announces that,

Oswal Solar Energy Private Limited, a wholly owned subsidiary of Oswal Pumps, has secured a major business order from M/s Swashakthi Energy, a domestic entity, for the supply of rooftop solar (RTS) systems. Source: BSE

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Order Details

This newly received order includes the Design, Engineering, Supply, Installation, Testing, and Commissioning of a total capacity of 7.46 MWp of Grid-Connected Rooftop Solar Plants, along with operation and maintenance (O&M).

These systems will be installed for 3,729 SC & ST consumers through Utility Led Aggregation Mode under “Pradhan Mantri Surya Ghar Muft Bijli Yojana” across the Puttaparthy and Pulivendula divisions under APSPDCL in Andhra Pradesh, India.

With this new project, Oswal Pumps takes an important step forward in expanding its presence into solar energy solutions and supporting the nation’s sustainable growth ambitions, the company spokesperson added.

Oswal Pumps Limited Secures Solar Order from Swashakthi Energy

Order Value

The total contract value of the newly received order is ₹39.40 Crores (Rupees Thirty-nine Crore Forty Lakh Only), including GST.

Duration

The contract period is up to 5 years from the date of installation & commissioning of rooftop systems.

Check oswal pumps news for further information.

Management Speech –

Commenting on the order, Mr. Vivek Gupta, Chairman and MD of the company, said

This order paves the way for the Company to participate in the Government of India’s PM Surya Ghar: Muft Bijli Yojana, marking an important milestone in our commitment to advancing India’s renewable energy transition.

We are confident that the successful execution of this project will strengthen our presence in the rooftop solar segment, enable deeper market penetration, diversifies our product and market segment, and opens the door to larger opportunities in the future.

Oswal Pumps Limited’s consistent track record of timely execution and high-quality delivery across public sector renewable energy programs continues to reinforce our credibility.

The company’s market capitalization is ₹3,500 Cr.

The stock is currently trading below its 20-day, 50-day, and 100-day SMA.

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Disclaimer: The contents and data presented here are just for your information & personal use only. While much time and effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

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Q3 FY26 Numbers, New Contract Details, and more

Prostarm Info Systems Ltd, an Indian company specializing in designing, manufacturing, and selling Energy Storage and Power Conditioning Equipment, announced its financial numbers for the quarter ended December 31, 2025. Source – BSE

Consolidated Numbers: Q3 FY26

The company reported a significant increase in its third-quarter revenue from operations, which rose by 110.2% year-over-year to ₹160.49 Cr. This is a significant acceleration from the ₹76.36 Cr reported in the same quarter last year (Q3 FY25).

Quarter-on-quarter, the company’s revenue growth was even more impressive, soaring 143.5% from ₹65.92 in Q2 FY26.

Prostarm registered Profit After Tax (PAT) of ₹14.91 Cr for the quarter ended December 31, 2025, jumped by 101% year-on-year basis (₹7.45 Cr for Q3 FY25), and the same was increased by 81% when compared to a Quarter-on-quarter basis (₹8.27 Cr for Q2 FY26).

Declared L-1 bidder by WBMSC.

As of February 14, 2026, Prostarm Info has been declared as an L-1 bidder by West Bengal Medical Services Corporation (WBMSC), Kolkata, India, for the Supply, Installation, Testing, and commissioning of

10 KVA UPS including batteries at 137 numbers Block Primary Health Unit within the jurisdiction of all over West Bengal under XV Finance Commission for the F.Y. 2022-2023 & 2023-24 (2nd Call) with 3 years warranty on UPS and batteries.

Contract Value Size

The total value of the contract is ₹4.29 Crores (Rupees Four Crores and Twenty Nine Lakhs Only). The same is accepted by the Company.

Contract Duration

According to the data available on the exchange, the contract is to be executed over a period of 180 days.

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26 May 2025

Prostarm Info Systems Limited – a company specializing in power electronics solutions is planning to raise INR 168 crore via IPO.

[Fresh Issue 168 crore + OFS NIL]

Prostarm info systems ipo price is INR 95 – 105 per share

Prostarm Info Systems: History

The Company was originally incorporated as Prostar Micronova Power Systems Private Limited, a private limited company under the Companies Act, 1956,

The company’s name was changed to “Prostarm Info Systems Limited” at the Board meeting, and the Registrar of Companies issued a fresh certificate of incorporation on July 28, 2017.

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Prostarm Info Systems: Business

The Company engaged in designing, manufacturing, assembling, selling, servicing and supplying Energy Storage Equipment and Power Conditioning Equipment (Power Solution Products) in India.

The Company’s manufactured Power Solution Products comprise of –

• UPS system,
• inverter system,
• lift inverter system,
• solar hybrid inverter systems,
• lithium-ion battery packs,
• servo-controlled voltage stabilisers (SCVS),
• isolation transformers, and
• power solution products

The Company also undertakes rooftop solar photovoltaic power plant projects across India on an EPC basis.

Over the years, the company has leveraged its expertise, processes, and infrastructure to cater to diverse end-use industries such as –

• Healthcare,
• Aviation,
• Research,
• BFSI,
• Railways,
• Defense,
• Security,
• Education,
• Renewable energy,
• Information Technology, and
• Oil & gas

Geographical Presence

As of the date of DRHP, the company’s operations are supported by a network of 22 branch offices and 2 storage facilities in 17 states and 1 union territories (UT) within India.

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Strategies Ahead

• Expanding capabilities through inorganic and organic growth
• Expanding customer base and geographic reach
• Reduce the working capital cycle and focus on rationalizing our indebtedness
• Focus on Operational efficiency

Company Promoters

1. Ram Agarwal,
2. Sonu Ram Agarwal, and
3. Vikas Shyamsunder Agarwal

IPO Details

Ipo date = 27 May to 29 May 2025

Minimum Amount = INR 14,910

Minimum Bid = 142 Shares

Face Value (FV) = INR 10

Listing On = NSE, BSE

Book Running Lead Managers

Choice Capital Advisors Pvt Ltd

FINANCIALS

CONCLUSION

FinBlab recommends ‘SUBSCRIBE‘ ratings on Prostarm Info Systems IPO

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Prostarm Info Systems IPO – Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.