Archive · 24 Aug 2026

Oswal Pumps Shares Fall Over 50% Below IPO Price

Oswal Pumps Shares Fall Over 50% Below IPO Price

Oswal Pumps makes different kinds of pumps and electrical products.

Its shares were sold to the public at Rs 614 each.

On Monday, each share was worth Rs 296.35 at the BSE closing.

This means the shares have lost more than half their value since the IPO.

The shares first began trading in June 2025 at prices slightly above the IPO price.

The company’s profit and revenue were lower in the latest reported quarter.

Its operating profit measure, called EBITDA, also fell sharply.

The article reports these weaker results alongside the continuing fall in the share price.

Sources