January 12, 2025
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Oswal Pumps IPO GMP, Details, Guidance, Subscription Status, allotment @ Chanakyanipothi.com
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Table of Contents
- GMP
- Reviews
- Subscription
- Allotment
What is the latest news relating to Oswal Pumps IPO?
The IPO document has received Sebi nod and now soon IPO schedule, price and lot are expected to be announced.
What is the latest GMP of Oswal Pumps IPO?
Rs. ?
ivalue infosolutions IPO Subscriptions
Price Rs. ? Lot ? shares, Net Rs. ? Crore |
|||||
| QIB | B HNI X | S HNI X | NII X | RII X | Total X |
| Applications: ? / (?x) Amount wise Bids recd. Rs. ? Crore |
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What are the promoters of Oswal Pumps IPO?
The promoters of the Company are VIVEK GUPTA, AMULYA GUPTA, SHIVAM GUPTA, ESS AAR CORPORATE SERVICES PRIVATE LIMITED, SHORYA TRADING COMPANY PRIVATE LIMITED AND SINGH ENGCON PRIVATE LIMITED
What are the Objects of Oswal Pumps IPO?
The Offer consists of an Offer for Sale by the Selling Shareholders.
The objects of the Offer are to
1. funding certain capital expenditure of our Company.
2. investment in our wholly owned Subsidiary, Oswal Solar, in the form of debt or equity, for funding the setting up of new manufacturing units at Karnal, Haryana.
3. pre-payment/ re-payment, in part or full of certain outstanding borrowings availed by our Company.
4. investment in our wholly owned Subsidiary, Oswal Solar, in the form of debt or equity, for repayment/prepayment, in part or full of certain outstanding borrowings availed by Oswal Solar; and 5. general corporate purposes
What is the business of Oswal Pumps?
Oswal Pumps is the fastest growing vertically integrated solar pump manufacturers in India in terms of revenue growth during the last three fiscals, with our revenues growing at a CAGR of 45.07% between Fiscal 2022 and Fiscal 2024. It manufactures solar-powered and grid-connected submersible and monoblock pumps, electric motors comprising induction and submersible motors as well as solar modules, which it sells under the ‘Oswal’ brand. It has over 21 years of experience in pumps encompassing engineering, product design, manufacturing and testing. It caters to the diverse requirements of end-users in the agricultural sector for irrigating fields; the residential sector for maintaining gardens and fountains, extracting water, supplying water to overhead tanks and cleaning households and small establishments; commercial premises such as shopping malls, offices and hotels; industries which use its pumps in boilers and water treatment, water transportation and sewage applications and use its electric motors in machinery applications and cooling tower systems.
The Company commenced its operations in 2003 with the manufacturing of low-speed monoblock pumps. Over the years, it expanded its operations to manufacture grid-connected high-speed monoblock pumps, grid connected submersible pumps and electric motors.
As of August 31, 2024 it has executed orders for 26,270 Turnkey Solar pumping Systems directly under the PM Kusum Scheme for several states such as Haryana, Rajasthan, Uttar Pradesh and Maharashtra. Within four years of supplying solar powered agricultural pumps, in Fiscal 2024 and 2023, it emerged as one of the largest suppliers of solar powered agricultural pumps under the PM Kusum Scheme.
Of the estimated 0.42 million solar powered agricultural pumps installed at ground level in various states under the PM Kusum Scheme, as of March 31, 2024, it has, directly and indirectly, supplied 0.18 million solar powered agricultural pumps, representing approximately 43.8% of the total solar powered agricultural pumps installed.
It operates a manufacturing facility located at Karnal, Haryana, which is one of India’s largest single-site facilities for manufacturing pumps, covering a total land area of 41,076 square meters as of March 31, 2024. Its manufacturing facility is strategically located near major agricultural states such as Haryana, Punjab and Uttar Pradesh and had an annual installed capacity of 1,160.07 metric tonnes (“MT”) for stainless steel pumps, 2,123.05 MT for cast iron pumps, 1,314.72 MT for stainless steel motors and 561.60 MT for cast iron motors, as of March 31, 2024.
For more information, click www.oswalpumps.com
Oswal Pumps IPO GMP, Particulars & Guidance
| IPO Details | |
| IPO opens ? | ? |
| IPO closes on | ? |
| Issue Type | Book Built Issue IPO |
| Issue Size | ? Shares / Rs ? Crore |
| * Fresh Issue | – Shares / Rs 1000 Crore |
| * Offer for Sale | 11312000 Shares / Rs ? Crore |
| Face Value per share: | Rs. 1 |
| Price Band | Rs. ? |
| Retail Discount | Rs 0 per share |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | ? Shares |
| Listing will at | BSE, NSE |
| Shares offered? | Shares | Rs. in Crore |
| QIB (50 %) | ? | ? |
| NII (15 %) | ? | ? |
| RII (35 %) | ? | ? |
| Employees | – | – |
| Total Shares | ? | ? |
| Retail portion will be oversubscribed by | ? Forms. | |
| How to apply in IPO? | Amount Rs. |
|
| Min Retail Application | ? Shares | ? |
| Max Retail Application | ? shares | ? |
| Small HNI (Min) application | ? Shares | ? |
| Small HNI (Max) application | ? Shares | ? |
| Big HNI Application | ? Shares | ? |
| What is the timetable of the IPO? | |
| IPO opens on | 2025 |
| IPO Closes on | 2025 |
| IPO Allotment on | 2025 |
| Unblocking of Asba | 2025 |
| Credit of Shares | 2025 |
| Listing of Shares | 2025 |
| Registered Office of the company Oswal Estate, NH-1 Kutail Road, P. O. Kutail, District Karnal, Haryana 132 037, India |
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| Who are the Lead Managers of IPO? IIFL Securities Limited Axis Capital Limited CLSA India Private Limited JM Financial Limited Nuvama Wealth Management Ltd |
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| Registrar to IPO | |
| Link Intime Pvt Limited |
| Oswal Pumps IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs. in Cr | Rs.in Cr | Rs. | % | |
| 2021-22 | 361.11 | 16.93 | 1.70 | 58.88 |
| 2022-23 | 387.47 | 34.20 | 3.44 | 80.91 |
| 2023-24 | 761.23 | 97.67 | 9.82 | 88.73 |
| Book Value of the Share on 31.03.2023 |
Rs. | 16.10 | ||
| BV after the FPO | Rs. | ? | ||
| Offer Price at Cap | Rs. | ? | ||
| Oswal Pumps IPO Ratio Analysis |
|
| Price /EPS | – |
| Price/Book Value Ratio | ? |
| Price/BV after IPO | ? |
How Oswal Pumps IPO compares with the Peers?
Peer Comparison.
| As on date of DRHP | FV | Total | PE |
| Rs. | Income | Ratio of | |
| Rs. In Cr | |||
| Oswal Pumps | 1 | 759 | ? |
| Kirloskar Brother | 2 | 4001 | 37.57 |
| Shakti Pumps | 10 | 1371 | 57.08 |
| WPIL ltd | 1 | 1644 | 25.53 |
| KSB Pumps ltd | 2 | 2247 | 14.94 |
| Roto Pumps | 2 | 274 | 45.29 |
# This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Oswal Pumps IPO Guidance by Paresh Gordhandas, CA & Research Analyst.
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