Latest news with #OswalPumpsLimited
Hans India
16 hours ago
- Business
- Hans India
Oswal Pumps IPO: Key Details and Subscription Information
Oswal Pumps Limited is set to launch its Initial Public Offering (IPO) on June 13, 2025, aiming to raise ₹1,387.34 crore. The price band is set between ₹584 and ₹614 per equity share. IPO Schedule Opening Date: June 13, 2025 Closing Date: June 17, 2025 Allotment Date: June 18, 2025 Listing Date: June 20, 2025 Financial Overview Price Band: ₹584 – ₹614 per share Issue Size: ₹1,387.34 crore Fresh Issue: ₹890 crore Offer for Sale (OFS): ₹497.34 crore Lot Size: 24 shares Minimum Investment: ₹14,736 (₹614 × 24 Grey Market Premium (GMP): ₹89 Key Highlights Registrar: Link Intime India Private Limited Listing Exchanges: BSE and NSE Market Capitalization Post-IPO: ₹6,998.21 crore Pre-IPO PE Ratio: 62.54 Post-IPO PE Ratio: 24.22
Mint
19 hours ago
- Business
- Mint
Oswal Pumps IPO opens tomorrow: GMP, price, review, other details in 10 points
Oswal Pumps IPO: Oswal Pumps Limited's initial public offering (IPO) is set to hit the Indian primary market tomorrow, June 13, 2025. The IPO will remain open until June 17, 2025. The company has offered its shares to primary market investors, fixing the IPO price band at ₹ 584 to ₹ 614 per equity share. The public issue is proposed for listing on the BSE and the NSE. The company aims to raise ₹ 1,387.34 crore from the Oswal Pumps IPO, of which ₹ 890 crore will be generated by issuing fresh shares. The rest, ₹ 497.34 crore, is reserved for an offer for sale (OFS). The company's shares are available in the grey market before the Oswal Pumps IPO opening date. According to market observers, shares of the company are available at a premium of ₹ 68 in the grey market today. 1] Oswal Pumps IPO GMP today: According to market observers, shares of the company are available at a premium of ₹ 68 in the grey market today. 2] Oswal Pumps IPO price: The company has declared a price band of ₹ 584 to ₹ 614 per equity share. 3] Oswal Pumps IPO date: The public issue will open on 13 June 2025 and remain open until 17 June 2025. 4] Oswal Pumps IPO size: The company aims to raise ₹ 1,387.34 crore from the Oswal Pumps IPO, which will be a mix of a fresh issue and OFS. 5] Oswal Pumps IPO lot size: A bidder can apply in lots, and one lot of the book build issue comprises 24 company shares. 6] Oswal Pumps IPO allotment date: The most likely date for share allocation is 18 June 2025. 7] Oswal Pumps IPO registrar: MUFG Intime India Private Limited or Link Intime has been appointed the official registrar of the public issue. 8] Oswal Pumps IPO investment limit: As investors will be able to apply in lots, a retail investor would be able to apply for the book build issue with a minimum of ₹ 14,736 ( ₹ 614 x 24) and a maximum of ₹ [13 x ( ₹ 614 x 24)]. 9] Oswal Pumps IPO listing: The most likely date for share listing is 20 June 2025, i.e. Thursday next week. 10] Oswal Pumps IPO review: The market capitalization of Oswal Pumps IPO is ₹ 6998.21 crore. The public issue has been offered at a pre-IPO PE multiple of ₹ 62.54, whereas the post-IPO PE multiple stands at ₹ 24.22. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Deccan Herald
2 days ago
- Business
- Deccan Herald
Oswal Pumps' IPO to open on Jun 13; sets price band of Rs 584-614/share
Oswal Pumps Limited, a prominent manufacturer of solar-powered and grid-connected pumps, electric motors, and solar modules, is set to launch its Initial Public Offering (IPO) on June 13, 2025. The IPO will close on June 17, 2025
Mint
3 days ago
- Business
- Mint
Oswal Pumps IPO: Price band set at ₹584-614 per share; check issue details, key dates, more
Oswal Pumps IPO price band: The Oswal Pumps Limited IPO price band has been fixed in the range of ₹ 584 to ₹ 614 per equity share of the face value of Re 1. The Oswal Pumps IPO date of subscription is scheduled for Friday, June 13, and will close on Tuesday, June 17. The allocation to anchor investors for the Oswal Pumps IPO is scheduled to take place on Thursday, June 12. The floor price is 584 times the face value of the equity shares and the cap price is 614 times the face value of the equity shares. Oswal Pumps IPO lot size is 24 equity shares and in multiples of 24 equity shares thereafter. Oswal Pumps IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors. Tentatively, Oswal Pumps IPO basis of allotment of shares will be finalised on Wednesday, June 18, and the company will initiate refunds on Thursday, June 19, while the shares will be credited to the demat account of allottees on the same day following refund. Oswal Pumps share price is likely to be listed on BSE and NSE on Friday, June 20. The firm focuses on producing solar-powered and grid-connected submersible and monoblock pumps, electric motors including induction and submersible types, as well as solar modules, all marketed under the 'Oswal' brand. With over 22 years in the industry, it has accumulated significant knowledge in engineering, product design, manufacturing, and testing. As of December 31, 2024, Oswal Pumps had fulfilled 38,132 turnkey solar pumping system orders under the PM Kusum Scheme in states such as Haryana, Rajasthan, Uttar Pradesh, and Maharashtra. According to the red herring prospectus (RHP), the company's publicly listed competitors include Kirloskar Brothers Ltd (with a P/E of 41.94), Shakti Pumps (India) Ltd (with a P/E of 66.72), WPIL Ltd (with a P/E of 27.31), KSB Ltd (with a P/E of 66.79), and Roto Pumps Ltd (with a P/E of 42.08). For the nine months ending December 2024, the company disclosed revenues of ₹ 1,065.67 crore and a net profit of ₹ 216.71 crore. As of April 2025, the total outstanding borrowings on a standalone basis were ₹ 308.57 crore. The IPO includes a new issuance of equity shares worth ₹ 890 crore and a sale of up to 8.1 million shares by one of the company's promoters, Vivek Gupta, who currently holds a 25.17 percent stake in the firm. Of the funds raised, ₹ 89.86 crore will be used for capital expenditures, ₹ 273 crore will be invested in the subsidiary Oswal Solar to build a new manufacturing facility in Haryana, ₹ 280 crore will be dedicated to debt repayment, and ₹ 31 crore will go towards settling debt at Oswal Solar. The leading managers for this issue are IIFL Capital, Axis Capital, CLSA India, JM Financial, and Nuvama Wealth Management.
Mint
3 days ago
- Business
- Mint
Oswal Pumps IPO: Price band set at ₹584-614 per share; check issue details, key dates, more
Oswal Pumps IPO price band: The Oswal Pumps Limited IPO price band has been fixed in the range of ₹ 584 to ₹ 614 per equity share of the face value of Re 1. The Oswal Pumps IPO date of subscription is scheduled for Friday, June 13, and will close on Tuesday, June 17. The allocation to anchor investors for the Oswal Pumps IPO is scheduled to take place on Thursday, June 12. The floor price is 584 times the face value of the equity shares and the cap price is 614 times the face value of the equity shares. Oswal Pumps IPO lot size is 24 equity shares and in multiples of 24 equity shares thereafter. Oswal Pumps IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors. Tentatively, Oswal Pumps IPO basis of allotment of shares will be finalised on Wednesday, June 18, and the company will initiate refunds on Thursday, June 19, while the shares will be credited to the demat account of allottees on the same day following refund. Oswal Pumps share price is likely to be listed on BSE and NSE on Friday, June 20. The firm focuses on producing solar-powered and grid-connected submersible and monoblock pumps, electric motors including induction and submersible types, as well as solar modules, all marketed under the 'Oswal' brand. With over 22 years in the industry, it has accumulated significant knowledge in engineering, product design, manufacturing, and testing. As of December 31, 2024, Oswal Pumps had fulfilled 38,132 turnkey solar pumping system orders under the PM Kusum Scheme in states such as Haryana, Rajasthan, Uttar Pradesh, and Maharashtra. According to the red herring prospectus (RHP), the company's publicly listed competitors include Kirloskar Brothers Ltd (with a P/E of 41.94), Shakti Pumps (India) Ltd (with a P/E of 66.72), WPIL Ltd (with a P/E of 27.31), KSB Ltd (with a P/E of 66.79), and Roto Pumps Ltd (with a P/E of 42.08). For the nine months ending December 2024, the company disclosed revenues of ₹ 1,065.67 crore and a net profit of ₹ 216.71 crore. As of April 2025, the total outstanding borrowings on a standalone basis were ₹ 308.57 crore. The IPO includes a new issuance of equity shares worth ₹ 890 crore and a sale of up to 8.1 million shares by one of the company's promoters, Vivek Gupta, who currently holds a 25.17 percent stake in the firm. Of the funds raised, ₹ 89.86 crore will be used for capital expenditures, ₹ 273 crore will be invested in the subsidiary Oswal Solar to build a new manufacturing facility in Haryana, ₹ 280 crore will be dedicated to debt repayment, and ₹ 31 crore will go towards settling debt at Oswal Solar. The leading managers for this issue are IIFL Capital, Axis Capital, CLSA India, JM Financial, and Nuvama Wealth Management. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
