IPO Synopsis
| Oswal Pumps Ltd |
|---|
| Registered Office: Oswal Estate NH-1 Kutali Road,P.O.Kutali,Karnal-132037, Haryana |
| Tel. No: +91 18 4350 0307 |
| Fax No: NA |
| Email: investorrelations@oswalpumps.com |
| Website: www.oswalpumps.com |
| Initial public offering of up to 2,25,95,114 equity shares of face value Rs. 1/- each ("Equity Shares") of Oswal Pumps Limited (the "Company" or the "Company" or the "Issuer") for cash at a price of Rs. 614 per equity share (Including a Premium of Rs. 613 per Equity Share) (the "Offer Price") aggregating up to Rs. 1387.34 crores (the "Offer") comprising a fresh issue of up to 1,44,95,114 equity shares of face value of Rs.1/- each aggregating up to Rs. 890.00 crores by the company (the "Fresh Issue") and an offer for sale of up to 8,100,000 equity shares of face value of Rs.1/- each aggregating up to Rs.497.34 crores by Vivek Gupta (Referred to as the "Promoter Selling Shareholder" and such offer for sale of equity shares of face value Rs.1/- each by the promoter selling shareholder, the "Offer for Sale"). The offer shall constitute 19.82% of the post-offer paid-up equity share capital of the company. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 13-Jun-2025 | 17-Jun-2025 | ₹614.00 - 0.00 | |
| Minimum Application for shares in Nos : 24.0 | Further Multiples of :24.0 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 841.51 | Axis Capital Ltd |
| Project Financed through Current Offer | 1,387.34 | CLSA India Pvt Ltd |
| Post Issue Equity Share Capital | 11.40 | IIFL Securities Ltd |
| Issue Price | 614.00 | JM Financial Ltd |
| Projects |
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| Funding certain capital expenditure of the company |
| Investment in its wholly owned subsidiary Oswal Solar in the form of debt or equity for funding the setting up of new mfg unit at |
| Pre-payment/re-payment in part or full of certain outstanding borrowings availed by the companu |
| Investment in its 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 |
| General corporate purposes |
| Promoted By |
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| Vivek Gupta |
| Shivam Gupta |
| Ess Aar Corporate Services Pv |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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