Oswal Pumps IPO Launch
Analysis based on 6 articles · First reported Jun 09, 2025 · Last updated Jun 12, 2025
The IPO of Oswal Pumps is expected to generate significant investor interest, potentially leading to oversubscription and a positive listing. This event will provide capital for Oswal Pumps' expansion and debt reduction, signaling growth in the industrial and solar pump sectors.
Oswal Pumps, a manufacturer of submersible and solar-powered pumps, is launching its Initial Public Offering (IPO) from June 13 to June 17, 2025. The IPO aims to raise Rs 1,387.34 crore, comprising a fresh issue of Rs 890 crore and an offer-for-sale (OFS) of Rs 497.34 crore by promoter Vivek Gupta. The proceeds from the fresh issue will be used for capital expenditure, investment in its subsidiary Oswal Solar, establishing new manufacturing facilities in Karnal, India — Haryana, and repaying debt. The shares are tentatively scheduled to be listed on BSE and National Stock Exchange of India on June 20, 2025. The IPO is managed by Meritz Securities, Axis Capital Holdings, CITIC Securities — CLSA, JM Financial, and Annex Wealth Management.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard