Oswal Pumps Limited, a Haryana-based leader in water & solar pumping solutions under the PM-KUSUM scheme, is launching its ₹1,387.34 cr IPO this June. Here’s a detailed guide for ipogyan.in readers.
📌 Oswal Pumps IPO Highlights
- Price Band: ₹584–₹614 per share
- IPO Open: June 13, 2025
- IPO Close: June 17, 2025
- Lot Size: 24 shares (~₹14,736 at ₹614)
- Issue Size: ₹890 cr fresh issue + ₹497.34 cr OFS = ₹1,387.34 cr
- Allotment Finalisation: June 18, 2025
- Refund & Demat Credit: June 19, 2025
- Expected Listing: June 20, 2025 on BSE & NSE
🏢 About Oswal Pumps
Founded in 2003, Oswal Pumps manufactures solar-water and electric pumps, motors, and solar modules. They’ve executed over 26,000 PM-KUSUM solar pump orders and operate two large Haryana facilities.
📈 Oswal Pumps IPO:Financial Snapshot
| Period | Revenue (₹ cr) | Net Profit (₹ cr) |
|---|---|---|
| FY 2023‑24 | ₹758.6 | ₹97.7 |
| 9M FY 2024‑25 (Dec) | ₹1,065.7 | ₹216.7 |
🔥 Oswal Pumps IPO:Grey Market Premium (GMP)
The current grey market premium (GMP) for Oswal Pumps IPO is around ₹67, indicating a listing price near ₹681 and possible listing gains of ~10–12%.
🎯 Oswal Pumps:IPO Objectives
- ₹273 cr for new solar manufacturing plant
- ₹280 cr to repay debt
- ₹89.9 cr for capital expenditures
🔍 How to Check Allotment Status of Oswal Pumps IPO
- Visit the IPO registrar website or BSE India portal.
- Select "Oswal Pumps IPO" from the dropdown.
- Enter your PAN number, application number, or Demat ID.
- Click on “Search” to see your allotment status.
📲 How to Apply Oswal Pumps IPO from Kite (Zerodha)
- Log into Kite → Go to “Console” → “IPO”.
- Select “Oswal Pumps IPO”.
- Enter UPI ID, quantity, and bid at the cut-off price.
- Approve UPI request from your UPI app.
📱 How to Apply Oswal Pumps IPO from Paytm Money
- Login to Paytm Money app → IPO section.
- Select “Oswal Pumps IPO”.
- Enter quantity, price, UPI ID and click submit.
- Approve the UPI mandate in your UPI app.
📈 How to Apply Oswal Pumps IPO from Groww
- Login to Groww app or website → IPO tab.
- Select “Oswal Pumps IPO”.
- Enter number of lots, price (cut-off), and UPI ID.
- Submit and approve the UPI request.
📊 How to Apply Oswal Pumps IPO from Upstox
- Login to Upstox → Go to “Discover” → “Invest in IPOs”.
- Click on “Oswal Pumps IPO”.
- Enter quantity, UPI ID, and bid at cut-off price.
- Approve the mandate request from UPI app.
🏦 How to Apply Oswal Pumps IPO from Angel One
- Open Angel One app → Go to “IPO” section.
- Choose “Oswal Pumps IPO”.
- Enter lots, bid at cutoff price, and provide UPI ID.
- Accept UPI mandate request.
💹 How to Apply Oswal Pumps IPO from Other Demat Accounts
Follow similar steps on these platforms:
- ICICI Direct: Login → IPO → Oswal Pumps → Place bid → Confirm.
- HDFC Securities: Login → IPO → Select IPO → Fill details → Submit.
- Axis Direct: IPO Section → Select Oswal Pumps → Enter bid → Submit.
- SBI Securities: Login → e-IPO → Select IPO → Fill application → Submit.
- Kotak Securities: IPO section → Choose Oswal Pumps → Apply via UPI.
⭐ How to Increase Chances of Oswal Pumps IPO Allotment
- Always apply at the cut-off price.
- Use multiple Demat accounts in your family (legally permitted).
- Avoid last-day applications—apply on Day 1.
- Ensure correct UPI approval before cutoff time.
- Apply through different brokers like Zerodha, Paytm, Groww, etc., for better visibility.
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Disclaimer: This blog is for educational purposes only. Investing in IPOs involves market risks. Please consult your financial advisor before investing.
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