Oswal Pumps IPO open date is June 13, 2025 and the IPO will close on June 17, 2025.
The company reported a revenue of ₹761.23 crores in 2024, compared to ₹387.47 crores in 2023. It also posted a profit of ₹97.67 crores in 2024, up from ₹34.2 crores in 2023. Based on these financials, IPO investors should consider applying for the IPO with a long-term perspective.
Oswal Pumps IPO Details
Here, I have shared Oswal Pumps IPO related information to help IPO investors.
| IPO Open Date | June 13, 2025 |
| IPO Close Date: | June 17, 2025 |
| Face Value: | ₹1 Per Equity Share |
| IPO Price Band: | Update soon |
| Issue Size: | Update soon |
| Fresh Issue: | Approx ₹1,000 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
Market Lot Size Of Oswal Pumps IPO
Here, investors know about the IPO lot size, so investors calculate how much money to invest in this IPO.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 24 | ₹14,736 |
| Retail Maximum | 13 | 312 | ₹1,91,568 |
| S-HNI Minimum | 14 | 336 | ₹2,06,304 |
| B-HNI Minimum | 68 | 1,632 | ₹10,02,048 |
Dates Calendar Of Oswal Pumps IPO
The IPO investors know about the calendar of Oswal Pumps IPO Dates.
| IPO Open Date: | June 13, 2025 |
| IPO Close Date: | June 17, 2025 |
| Basis of Allotment: | June 18, 2025 |
| Refunds: | June 19, 2025 |
| Credit to Demat Account: | June 19, 2025 |
| IPO Listing Date: | June 20, 2025 |
Financial Report Of Oswal Pumps Company
I have shared about financial report for the years 2022 to 2024. Investors know about the profit and loss of Oswal Pumps Company.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹361.11 | ₹337.16 | ₹16.93 | ₹221.84 |
| 2023 | ₹387.47 | ₹340.87 | ₹34.20 | ₹252.30 |
| 2024 | ₹761.23 | ₹631.36 | ₹97.67 | ₹511.28 |
Valuation Of Oswal Pumps IPO – Financial Year 2024
| KPI | Values |
| ROE: | 88.73% |
| ROCE: | 81.85% |
| EBITDA Margin: | 19.79% |
| PAT Margin: | 12.83% |
| Debt to equity ratio: | 0.42 |
| Earning Per Share (EPS): | ₹9.82 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 88.73% |
| Net Asset Value (NAV): | ₹16.10 |
About Oswal Pumps Company
Oswal Pumps Limited commenced its operations in the year 2003 and is now recognized as one of the fastest-growing, vertically integrated solar pump manufacturers in India.
The company has built its manufacturing facility over an area of 41,076 sq. meters, strategically locating it in or near major agricultural states such as Haryana, Punjab, and Uttar Pradesh, and equipping it with modern machinery.
OSWAL has successfully exported its products to 20 countries and aims to expand its reach to 50 countries shortly. The company delivers high-quality products and top-notch services to its customers in India and worldwide.
Business Overview of Oswal Pumps
- Core Activities: Oswal Pumps manufactures solar-powered and grid-connected submersible and monoblock pumps, electric motors (induction and submersible), and solar modules.
- Brand: Operates under the “Oswal” brand with over 21 years of experience.
- Customer Segments: Serves agricultural, residential, and industrial sectors.
- Manufacturing Footprint: Two manufacturing units in Karnal, Haryana—one for pumps and motors, the other for solar modules.
- Subsidiary: Oswal Solar, wholly owned, focusing on solar manufacturing and expansion
Industry & Market Overview
- Pump Market (India): Valued at ₹214.7 billion in FY24, projected to reach ₹381.6 billion by FY29 (CAGR: 12.2%).
- Agricultural Pumps: Fastest growing segment at 14.4% CAGR.
- Solar Pump Market (India): ₹51.8 billion in FY24, expected to touch ₹218.2 billion by FY29 (CAGR: 33.3%).
- Drivers: Government subsidies (e.g., PM-KUSUM), rising diesel costs, electrification, and sustainable agriculture needs.
- Global Trends: China leads solar PV manufacturing; India holds ~5% global market share
Oswal Pumps – Comparison With Listed Peers

| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Kirloskar Brothers Limited | 43.84 | 37.57 | 22.30% | 216.47 | 4001.20 Cr. |
| Shakti Pumps (India) Limited | 76.91 | 57.08 | 24.15% | 377.19 | 1370.74 Cr. |
| WPIL Limited* | 17.72^ | 25.53 | 18.78%^ | 127.56 | 1664.40 Cr. |
| KSB Limited* | 59.97 | 14.94 | 17.07% | 74.81 | 2247.24 Cr. |
| Roto Pumps Limited | 12.55 | 45.29 | 21.95% | 61.88 | 274.50 Cr. |
Objects of the Issue in Oswal Pumps IPO
- Capital expenditure in Oswal Pumps
- Investment in Oswal Solar for setting up new plants
- Repayment of Oswal Pumps’ borrowings
- Repayment of Oswal Solar’s borrowings
- General corporate purposes
Oswal Pumps Offer Lead Manager
NUVAMA WEALTH MANAGEMENT LIMITED
801-804, Wing A, Building No 3, Inspire BKC,
G Block, Bandra Kurla Complex, Bandra East,
Mumbai – 400 051
Phone: +91 22 4009 4400
Email: oswalpumps@nuvama.com
Website: www.nuvama.com
Oswal Pumps Contact Details
OSWAL PUMPS LIMITED
Oswal Estate, NH-1 Kutail Road, P. O.
Kutail, District Karnal, Haryana 132 037, India
Phone: +91 18 4350 0307
Email: investorrelations@oswalpumps.com
Website: www.oswalpumps.com
Oswal Pumps IPO FAQs
When Oswal Pumps IPO will open for subscription?
The IPO is to open on June 13, 2025 for QIB, NII, and Retail Investors and the IPO will close on June 17, 2025.
What is the Oswal Pumps IPO Allotment Date?
Oswal Pumps IPO allotment date is June 18, 2025.
What is the Oswal Pumps IPO Listing Date?
Oswal Pumps IPO listing date is June 20, 2025. The IPO is to list on BSE & NSE.
What is Oswal Pumps IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Oswal Pumps IPO Issue Size?
Oswal Pumps IPO issue size is ₹1,387.34 crores.
What is Oswal Pumps IPO Price Band?
Oswal Pumps IPO Price Band is ₹584 to ₹614.
What is Oswal Pumps IPO Lot Size?
The minimum bid is 24 Shares with ₹14,736 amount.