Archive · 13 Jun 2025
Oswal Pumps IPO Opens to Lukewarm Response
Oswal Pumps, a company making solar pumps, is launching an IPO to raise money.
The initial public offering has started, but not many people have bought shares yet.
The company already raised money from some big investors before.
The money from the IPO will be used to pay off debt and grow the business, like building more solar modules and motors.
Experts suggest that the investors should monitor the government scheme related to solar pumps that is key for Oswal Pump's growth.
Oswal Pumps' IPO received a subdued response on its opening day, with only 10% subscription.
The IPO, priced between ₹584-614 per share, aims to raise ₹1,387 crore, and will be open until June 17, 2025.
The retail investor category showed the strongest interest, while institutional buyers were largely absent.
Oswal Pumps successfully raised ₹416.20 crore from anchor investors on June 12, 2025, at ₹614 per share.
Proceeds from the IPO will be used for debt repayment, capacity expansion, and investment in a subsidiary.
- Who
- Oswal Pumps
- What
- Oswal Pumps launched an IPO and raised capital.
- When
- June 13, 2025
- Where
- Karnal, Haryana
- Why
- To raise capital through the issuance of shares and fund expansion.
Risks
Opportunities
Investment Perspective
Risks
Investors must monitor PM-KUSUM, whose continuation beyond March 2026 is critical.
Opportunities
The scheme is a win-win for farmers, states and the center
- IPO Subscription
- 10% on Day 1
- IPO Launch Date
- June 13, 2025
- IPO Price
- ₹584-614 per share
- Company
- Oswal Pumps
- Business
- Solar & Grid-connected pumps
- Subsidiary
- Oswal Solar Structure
- Key Scheme
- PM-KUSUM
Sources
Oswal Pumps raises ₹416 crore from anchor investors ahead of ₹1,387 crore IPO
Oswal Pumps IPO Day 1 Live: Check GMP, subscription status, review. Should you apply or not?
Oswal Pumps IPO opens today at ₹584-614 price band
Oswal Pumps IPO opens today: Should you subscribe to the issue?
Patil Automation Limited IPO Opens on June 16, 2025
Oswal Pumps IPO opens to lukewarm response with 10% subscription on day 1
Oswal Pumps IPO: Should You Apply? Check Price, GMP, Lot Size, Reviews, Subscription Status
