Oswal Pumps Limited, incorporated in 2003, is a reputed manufacturer and distributor of a wide range of pumps and related products serving domestic, agricultural, and industrial markets. The company’s product portfolio includes solar pumps, submersible pumps, monoblock pumps, pressure pumps, sewage pumps, electric motors, submersible winding wires and cables, and electric panels.

The company has a strong presence in the solar pumping segment, having executed over 26,000 turnkey solar pumping systems under the government’s PM-KUSUM Scheme across multiple states including Haryana, Rajasthan, Uttar Pradesh, and Maharashtra. This segment is a key growth driver for the company.

Oswal Pumps operates a manufacturing facility located in Karnal, Haryana, covering over 41,000 square meters as of March 31, 2024. The company has expanded its distribution network significantly, growing from 473 distributors in 2022 to 636 distributors by 2024, enhancing its reach across India. Additionally, Oswal Pumps exports to 17 countries across Asia-Pacific, Middle East, and North Africa regions, expanding its global footprint.

As of March 31, 2024, the company employed 164 people, combining skilled employees and support staff to ensure smooth operations across manufacturing and distribution.

The Oswal Pumps IPO is a bookbuilt issue with a fresh issue size of ₹890 crore and an offer for sale of 0.81 crore shares. The subscription window opens on June 13, 2025, and closes on June 17, 2025. The allotment is expected on June 18, 2025, with listing scheduled on BSE and NSE tentatively on June 20, 2025.

The price band for the IPO is yet to be announced. The issue is managed by several prominent book running lead managers including IIFL Capital Services Limited, Axis Capital Limited, CLSA India Private Limited, JM Financial Limited, and Nuvama Wealth Management Limited. MUFG Intime India Private Limited (Link Intime) is the registrar for the issue.

Investors interested in the Oswal Pumps IPO should monitor the official announcements for the price band and apply accordingly during the subscription period. The company's strong position in the growing solar pump market, diversified product range, and expanding distribution network make it an attractive prospect.

The Upcoming IPOs in this week and coming weeks are Oswal Pumps,Samay Projects Services, Monolithisch India, Jainik Power Cables.

The Current active IPO are Sacheerome Limited.

The Closed IPOs are Ganga Bath Fittings.

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