Oswal Pumps IPO Opens This Week: 5 Key Things Investors Should Know

Oswal Pump IPO: The primary market is once again buzzing with increased investor activity. The sharp rise in the shares of upcoming IPOs in the grey market is also signalling heightened investor interest. This week will witness around four public issues and one mainboard listing, with Oswal Pumps being one of them.

The solar pump manufacturer is all set to make its primary market debut this week. The bidding window will open on June 13, 2025 (Friday) and close on June 17, 2025 (Tuesday).

Oswal Pumps IPO Price Band

The company is raising ₹1,387.34 crore via the public offering, comprising a fresh issue of ₹890 crore and an offer-for-sale (OFS) of ₹497.34 crore. The price band has been set in the range of ₹584 to ₹614 per share. The tentative date of listing is fixed for June 20, 2025 (Friday).

Oswal Pumps IPO GMP

GMP or grey market premium refers to the price level at which the shares of the company trade in the unlisted market before hitting the official bourses.

At 12:30, the shares of Oswal Pump were trading at a GMP of ₹80, marking a premium of over 13.11% as per InvestorGain website.

Oswal Pumps IPO Min. Allotment

The minimum lot size for the IPO is 24 shares. Retail investors would need to invest at least ₹14,016. For non-institutional investors, the minimum investment for small NIIs (sNII) is 14 lots or 336 shares (₹2,06,304), while for big NIIs (bNII), it is 68 lots or 1,632 shares (₹10,02,048).

Book Running Lead Managers of the IPO

Axis Capital Ltd., IIFL Capital Services Ltd., Nuvama Wealth Management Ltd., CLSA India Pvt Ltd. and, JM Financial Ltd, are the book-running lead managers of the Oswal Pumps IPO.

MUFG Intime India Private Limited is the registrar for the issue.

Is the Company Profitable?

Oswal Pumps reported total revenue of ₹761.23 crore in the previous fiscal year. For the nine months ended December 31, 2024, the company’s revenue stood at ₹1,067.34 crore, with a profit after tax (PAT) of ₹216.71 crore for the same period.