Oswal Pumps IPO is a book-built issue IPO, aiming to raise ₹1,387.34 crore. It is a combination of fresh issue of 1.45 crore shares aggregating to ₹890.00 crores and offer for sale of 0.81 crore shares aggregating to ₹497.34 crores. The bidding window was open from June 13, 2025, to June 17, 2025, with the IPO allotment to be finalised tomorrow on June 18, 2025. Oswal Pumps is scheduled to list on both BSE and NSE on June 20, 2025.
The IPO was priced at a range of ₹584 – ₹614 per share with a lot size of 24 shares. The public issue received bids for 44,98,68,840 shares against 1,58,16,581 shares available, resulting in an overall subscription of 28.44 times. QIBs led the response, subscribing 64.62 times their quota, followed by NIIs at 37.90 times.
● Go to the application status page.
● Select "Equity and SME IPO bids".
● Choose "Oswal Pumps" from the Issue Name dropdown.
● Provide your Application Number or PAN.
● Click on Submit.
● Go to the application status page.
● Select "Equity" under the Issue Type.
● Choose "Oswal Pumps" from the Issue Name dropdown.
● Provide your Application Number or PAN.
● Click on “I am not a robot” and submit.
● Go to the registrar’s official website.
● Select "Oswal Pumps" from the company list.
● Enter your Client ID, Application Number, or PAN.
● Click on Submit.
Oswal Pumps' ₹1,387.34 crore IPO, priced between ₹584 – ₹614 per share, was subscribed 28.44 times overall. The IPO is a combination of fresh issue of 1.45 crore shares aggregating to ₹890.00 crores and offer for sale of 0.81 crore shares aggregating to ₹497.34 crores. Bidding took place from June 13 to June 17, 2025, with the Oswal Pumps IPO allotment status on June 18, 2025. Retail investors subscribed 3.72 and NIIs 37.90 times. Listing is expected on June 20, 2025.
The table below breaks down the Oswal Pumps share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Anchor Investor Shares Offered | 67,78,533 (42.86%) |
| QIB Shares Offered | 45,19,024 (28.57%) |
| NII (HNI) Shares Offered | 33,89,267 (21.43%) |
| Retail Shares Offered | 79,08,290 (50.00%) |
| Total Shares Offered | 1,58,16,581 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 64.62 |
| Non-Institutional Investors | 37.90 |
| Retail Individual Investors | 3.72 |
| Total shares | 28.44 |
Note: The subscription details are as of June 17, 2025
Oswal Pumps Limited is one of the fastest-growing vertically integrated solar pump manufacturers in India, with a revenue CAGR of 45.07% between Fiscal 2022 and 2024. The company manufactures a wide range of solar-powered and grid-connected submersible and monoblock pumps, electric motors, and solar modules under the 'Oswal' brand.
With over two decades of experience, Oswal Pumps serves sectors such as agriculture, residential, commercial, and industrial, catering to varied water management needs. The company began operations in 2003 with low-speed monoblock pumps and has since diversified into high-speed pumps and electric motors.
In 2019, recognising the growth opportunity under the PM Kusum Scheme, Oswal Pumps ventured into solar agricultural pump manufacturing. It has become a key supplier under the scheme, offering Turnkey Solar Pumping Systems that include pumps, modules, controllers, and installation services.
As of December 2024, Oswal Pumps has supplied around 2.3 lakh solar-powered agricultural pumps, representing about 38.04% of total installations under the PM Kusum Scheme. It operates through subsidiaries like Oswal Solar Structure Private Limited and benefits from support by its associate, Walso Solar Solution Private Limited, to strengthen its position as a fully integrated solar pump solutions provider.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 17, 2025, 6:49 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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