Oswal Pumps Ltd.
Industry:
Compressors / Pumps
Issue Details
Open Date
13 Jun 2025Close Date
17 Jun 2025Size (in Crs.)
946.84 - 995.48
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-30Lot Size
24
Type
Book building
Face Value
1
Market Lot
1
Objective of the Issue
1. funding certain capital expenditure of our Company;2. investment in our wholly-owned Subsidiary, Oswal Solar, in the form of debt or equity, for funding the setting up of new manufacturing units at Karnal, Haryana;3. pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by our Company;4. investment in our wholly-owned Subsidiary, Oswal Solar, in the form of debt or equity, for repayment/prepayment, in part or full, of certain outstanding borrowings availed by Oswal Solar; and5. general corporate purposes
Description
We are the fastest growing vertically integrated solar pump manufacturers in India in terms of revenue growth during the last three fiscals, with our revenues growing at a CAGR of 45.07% between Fiscal 2022 and Fiscal 2024. (Source: 1Lattice Report) We manufacture solar-powered and grid-connected submersible and monoblock pumps, electric motors comprising induction and submersible motors as well as solar modules, which we sell under the ‘Oswal’ brand. We have over 21 years of experience in pumps encompassing e... Show More
Address
Oswal Estate, N H-1 , Kutail Road , P. O. Kutail
Karnal Dist
132037
Promoter Holding
Promoters:
Amulya Gupta, Ess Aar Corporate Services Pvt Ltd., Shivam Gupta, Shorya Trading Company Pvt Ltd., Singh Engcon Pvt Ltd., Vivek Gupta
Total Share Capital
99362300
Offered to Public
-
% Promoter's Holding (Pre-Issue)
99.88
% Promoter's Holding (Post-Issue)
-
Shares on offer
Total Share Offer
99362300
Of above offred to public
-
Post Issue shares
NA
Post Issue Promoters
-
Lead Managers to the Issue:
Axis Capital Ltd., CLSA India Ltd, IIFL Securities Ltd., JM Financial Ltd., Nuvama Wealth Management Ltd.
Registrar Details
Registrar Name:
MUFG Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083