Oswal Pumps came to market through an IPO that opened on 13 June 2025 and closed on 17 June 2025, and the shares listed on 20 June 2025 on BSE, NSE. The price band was ₹584 to ₹614 per share and one lot was 24 shares, so the minimum application was ₹14,736. The issue size was ₹1387.34 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
MUFG Intime India Private Limited (Link Intime) was the registrar to the issue, and IIFL Capital Services Limited, Axis Capital Limited, Clsa India Private Limited, Jm Financial Limited, Nuvama Wealth Management Limited were the lead managers.
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In 2003, Oswal Pumps Limited began operating and rose quickly to become India’s top manufacturer and distributor of quality pumps. The firm delivers products and services to many different sectors, among them solar pumps, submersible pumps, monoblock pumps, pressure pumps, sewage pumps, electric motors, submersible winding wires and cables, and electric panels. They are created to serve the requirements of domestic, agricultural, and industrial sectors.
The company achieved something important by being active in the PM-KUSUM Scheme, which allowed it to handle 26,270 turnkey solar pumping system orders across the Indian states of Haryana, Rajasthan, Uttar Pradesh, and Maharashtra, right up to August 31, 2024. It shows how Oswal Pumps supports the use of green energy options in farming and rural societies. The firm has a manufacturing plant in Karnal, Haryana, covering more than 41,000 square meters of space (as of March 31, 2024).
It is equipped with support systems that strengthen the company’s speed and quality. The company has increased its number of distributors, going from 473 in March 2022 to 636 in March 2024. The company has increased its activity in the global market by sending its products to 17 countries from Asia-Pacific, the Middle East, and North Africa in the last three years.
At the end of March of 2024, there were 164 specialists on the company’s team, working on idea generation, producing goods, and helping customers. Since it has a reliable manufacturing background, an increasing distribution system, and a focus on sustainability, Oswal Pumps Limited is strengthening its reputation in the pump industry.
As described in the offer document.
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Oswal Pumps raises ₹416 crore from anchor investors prior to ₹1,387 crore IPO. The marquee Institutions which were a part of the anchor includes Societe Generale, BNP Paribas, Smallcap World Fund Inc, ICICI Prudential, Aditya Birla Sunlife, Kotak Mahindra MF, Quant MF, Amundi Funds, 360 One, Motilal Oswal MF, Bandhan Small Cap Fund, Edelweiss MF, Troo Capital, Nuvama MF, Sundaram MF, Edelweiss Life Insurance, Mahindra Manulife, etc.
Vivek Gupta, Amulya Gupta, Shivam Gupta, Ess Aar Corporate Services Private Limited, Shorya Trading Company Private Limited, Singh Engcon Private Limited. Promoter holding 99.88% before the issue and 80.00% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Oswal Pumps IPO was a ₹1,387.34 crore book-built issue, comprising a fresh issue of ₹890 crore and an offer for sale of ₹497.34 crore. It was priced at ₹584–₹614 per share with a lot size of 24 shares (₹14,736). The IPO was open from June 13 to June 17, 2025. Shares listed on BSE and NSE on June 20, 2025 at ₹634, a 3.3% premium to the issue price of ₹614.
MUFG Intime India Private Limited (Link Intime) is the registrar. IIFL Capital Services Limited and 4 other book running lead managers manage the issue.
The price band of Oswal Pumps IPO is ₹584 to ₹614 per share.
The lot size of Oswal Pumps IPO is 24 shares.
The minimum investment for Oswal Pumps IPO is approximately ₹14,736 based on the upper price band.
The allotment date of Oswal Pumps IPO is Jun 18, 2025.
Oswal Pumps IPO's final recorded GMP before listing was ₹42 per share (a 7% premium over the ₹614 upper price band). The shares listed at ₹634. GMP is unofficial and does not forecast or guarantee the actual listing price.
Oswal Pumps IPO listed on Jun 20, 2025. It was issued at ₹634.0(NSE) and is currently around ₹202.00 as on 30-Oct-2026 3:30 PM, which is approximately -67.1% versus issue price. The 52-week high is ₹739.00.
You can check Oswal Pumps IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Oswal Pumps IPO allotment status on Rupix for quick and easy access.
₹584 to ₹614 per share, against a face value of ₹1. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 24 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,736.
₹14,736, for one lot of 24 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 13 June 2025 and closed on 17 June 2025.
The basis of allotment was published on 18 June 2025 by MUFG Intime India Private Limited (Link Intime), and allotted shares were credited to demat accounts before listing.
The shares listed on 20 June 2025 on BSE, NSE.
The issue size was ₹1387.34 crore. The fresh issue was 1,44,95,114 shares (aggregating up to ₹890 crore). The offer for sale was 81,00,000 shares (aggregating up to ₹497.34 crore).