Oswal Pumps Restricted has launched its Preliminary Public Providing (IPO) to lift capital for enterprise progress. The IPO includes a mix of a contemporary subject of 1.45 crore fairness shares and a proposal on the market of 0.81 crore shares. The entire provide dimension aggregates as much as Rs. 1,387.34 crore. The IPO opens on June 13, 2025, and closes on June 17, 2025. The fairness shares shall be listed on the NSE and BSE following the problem. Right here’s all the things it is advisable to know.
GMP of Oswal Pumps IPO
As of Might twenty ninth, 2025, the shares of Oswal Pumps Restricted within the gray market have been buying and selling at a 13.52 p.c premium. The shares within the Gray Market traded at Rs. 697. This provides it a premium of Rs. 83 per share over the cap worth of Rs. 614.
Overview of Oswal Pumps
Oswal Pumps Restricted was based in 2003 and is an organization that makes and sells various kinds of pumps utilized in properties, farms, and industries. Their product vary contains photo voltaic pumps, submersible pumps, monoblock pumps, strain pumps, sewage pumps, electrical motors, wires, cables, and electrical panels.
The corporate has a big manufacturing facility in Karnal, Haryana, unfold over 41,076 sq. meters. They’ve accomplished over 26,270 photo voltaic pump installations beneath the PM-KUSUM scheme in states like Haryana, Rajasthan, Uttar Pradesh, and Maharashtra.
Oswal Pumps is increasing its attain throughout India, with 636 distributors as of March 2024. Additionally they export their merchandise to 17 nations throughout the Asia-Pacific, Center East, and North Africa areas and have a devoted staff of 164 workers.
Promoters of Oswal Pumps
The promoters embrace Vivek Gupta, Amulya Gupta, and Shivam Gupta. Company promoters are Ess Aar Company Companies, Shorya Buying and selling, and Singh Engcon. The promoters have long-standing expertise in pump manufacturing and operations. Vivek Gupta additionally serves as Chairman and Managing Director of the corporate.
Promoting Shareholders of Oswal Pumps IPO
Promoter Vivek Gupta is promoting as much as 81 lakh fairness shares of Rs. 1 every by the Provide for Sale within the IPO. The opposite promoters are usually not promoting any shares, which reveals their robust confidence within the firm’s future. By holding onto their stake, they sign belief in Oswal Pumps Restricted’s progress potential.
Lead Managers of Oswal Pumps IPO
IIFL Capital Companies, Axis Capital, CLSA India Non-public, JM Monetary, and Nuvama Wealth Administration Restricted are the lead managers. These corporations will deal with subject structuring, pricing, and advertising and marketing of the IPO. MUFG Intime India Non-public Restricted is appointed because the registrar for the problem.
Aims of the IPO Provide
Oswal Pumps Restricted goals to lift funds by its IPO for numerous enterprise wants. The corporate will spend Rs. 89.86 crore to help its capital expenditure. It’s going to make investments Rs. 272.76 crore in its subsidiary, Oswal Photo voltaic, to assist arrange new manufacturing items in Karnal, Haryana.
Moreover, Rs. 280 crore shall be used to repay or prepay sure excellent loans taken by the corporate. One other Rs. 31 crore shall be invested in Oswal Photo voltaic to assist repay its borrowings. The remaining quantity shall be used for normal company functions, corresponding to each day operations and enterprise growth.
Monetary Evaluation of Oswal Pumps
Oswal Pumps Restricted’s income has elevated from Rs. 387.47 crore in FY23 to Rs. 761.23 crore in FY24, which represents a progress of 96.46 p.c. The web revenue has elevated by 185.58 p.c from Rs. 34.20 crore in FY23 to Rs. 97.67 crore in FY24.
Oswal Pumps Restricted’s income and internet revenue have grown at a CAGR of 45.19 p.c and 140.19 p.c, respectively, over the past two years. Within the 9M FY25, the corporate earned income of Rs. 1,067.34 crore and a internet revenue of Rs. 216.71 crore.
Oswal Pumps Vs Friends
Oswal Pumps reported income of Rs. 758.57 crore in FY2024 with an EPS of Rs. 9.82 and RoNW of 88.73 p.c. Compared, Kirloskar Brothers Restricted earned Rs. 4,001 crore with an EPS of Rs. 43.84 and RoNW of twenty-two.30 p.c. Shakti Pumps (India) Restricted reported Rs. 1,370.7 crore in income, Rs. 12.82 EPS, and the next RoNW of 24.12 p.c, and there are different friends like WPIL Restricted, KSB Restricted, and Roto Pumps Restricted.
The corporate’s internet asset worth per share is Rs. 16.10, in comparison with Rs. 216.47 for Kirloskar Brothers, Rs. 127.56 for WPIL, Rs. 74.81 for KSB, Rs. 31.03 for Roto Pumps Restricted, and Rs. 68.36 for Shakti Pumps (India) Restricted.
Oswal Pumps Strengths and Weaknesses
Strengths:
- Vast product vary throughout pumps and photo voltaic power techniques.
- Sturdy model recognition in rural and industrial India.
- Export presence in over 50 nations helps income diversification.
- Backward integration ensures value management and higher margins.
- Rising concentrate on photo voltaic power aligns with authorities initiatives.
Weaknesses:
- Excessive dependence on the agricultural sector exposes it to monsoon cycles.
- A working capital-intensive enterprise might have an effect on liquidity.
- Faces intense competitors from established listed gamers.
- A big provide dimension could result in fairness dilution.
- Geographical focus in North India for manufacturing operations.
Conclusion
Oswal Pumps Restricted reveals robust progress in fluid administration and photo voltaic. Traders who need to put money into industrial and clean-tech sectors could discover this IPO alternative. Nonetheless, they need to test the dangers within the sector, the corporate’s monetary efficiency, and examine it with different comparable corporations earlier than investing.
Written By – Nikhil Naik
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