Glimpse of Oswal Pumps NSE listing ceremony. Source: X/@NSEIndia
Oswal Pumps Share Price Live Updates Today: Oswal Pumps stock debuted at 3% premium on bourses. Check listing prices, price target and more.
IPO details:
Oswal Pumps IPO received 34.42 times subscription on the closing day of bidding.
The ₹1,387.34-crore initial public offering (IPO) got bids for 55,80,29,976 shares against 1,62,12,980 shares on offer, as per NSE data.
The quota for Qualified Institutional Buyers (QIBs) fetched 88.08 times subscription while the category for non-institutional investors got subscribed 36.70 times. The portion for Retail Individual Investors (RIIs) received 3.60 times subscription.
Ahead of the IPO, company mopped up ₹416.2 crore from anchor investors.
The IPO is a combination of a fresh issue of shares valued at Rs 890 crore and an offer-for-sale (OFS) of 81 lakh shares worth Rs 497.34 crore at the upper end of the price band, by promoter Vivek Gupta. This aggregates the issue size at Rs 1,387.34 crore.
Price band
The IPO had a price range of ₹584-614 per share.
IIFL Capital Services, Axis Capital, CLSA India, JM Financial and Nuvama Wealth Management were the book-running lead managers to the issue.
Use of funds
Proceeds from the fresh issue will be used for funding certain capital expenditures of the company, investment in wholly-owned subsidiary Oswal Solar in the form of debt or equity, setting up new manufacturing units at Karnal, Haryana, payment of debt, and general corporate purposes.
About the company
Oswal Pumps commenced operations in 2003 by manufacturing low-speed monoblock pumps and over the years, it expanded operations to manufacture grid-connected submersible pumps and electric motors.
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- 14:12 | June 20, 2025
Oswal Pumps share price live: Post-listing view | Gaurav Garg, Lemonn Markets Desk
Oswal Pumps Limited made its stock market debut today, June 20, 2025, the company’s shares opened at ₹634 on NSE and ₹632 on BSE, registering a modest premium of 3.26% and 2.93%, respectively, over the issue price of ₹614. The IPO price band was ₹584–₹614 per share, with a lot size of 24 shares.
Backed by strong fundamentals, a solid anchor book, and robust institutional participation, Oswal Pumps has drawn positive market sentiment. The listing gains are expected to be in the range of 8–12%, with long-term prospects buoyed by government thrust on rural electrification and solar-powered irrigation systems. The ₹1,387.34 crore IPO comprised a fresh issue of ₹890 crore and an offer-for-sale of ₹497.34 crore by promoter Vivek Gupta. Proceeds will be used for capex, expansion of Oswal Solar, debt repayment, and new manufacturing facilities in Karnal, Haryana.
- Gaurav Garg, Lemonn Markets Desk
- 13:45 | June 20, 2025
Stock market live today: Sensex, Nifty 50 up 1%, Banking stocks shine on RBI relief
Top movers include BEL, BEML, Kfin, Waaree Energies, Premier Energies, ITD and QPower
Top movers today June 20: Sensex, Nifty 50 up 1%, Banking stocks shine on RBI relief, other top movers include BEL, BEML, Kfin, Waaree Energies, Premier Energies, ITD, QPower
Sensex rallied 906.52 pts or 1.11% to 82,268.39 as at 1.30 pm, close to day’s high of 82,297.36. Nifty 50 soared 275.65 pts or 1.11% to 25,068.90
- 13:43 | June 20, 2025
Oswal Pumps share price live: Mcap stood at ₹7,330.46 cr, as per NSE
- 13:28 | June 20, 2025
Oswal Pumps share price live: Shares up over 1%
Shares of Oswal Pumps gained 1.44% on the NSE to ₹643.10 as at 1.28 pm.
- 12:34 | June 20, 2025
Oswal Pumps share price live: Mehta Equities advises ‘hold’ for long-term, shares in green
Mehta Equities continue to recommend a hold call for long term after listing as the company is well-positioned to benefit from structural growth drivers in the agri and infrastructure sectors.
Oswal Pumps stock in green after 3% premium listing, Mehta Equities advises hold for long-term
Shares of Oswal Pumps Ltd traded in positive territory after listing at over 3 per cent premium on bourses against the issue price of ₹614.
- 11:26 | June 20, 2025
Oswal Pumps Share price live: Post-listing view | Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd
Post listing view on Oswal Pumps Ltd by Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd
“Despite recovering mood in the market & robust response from all sets of investors, oswal pumps listing was well below our expectation. We continue to believe the IPO demand was driven by attractive valuation levels, offering reasonable long term upside potential along with a well-diversified product portfolio across agriculture, industrial, and domestic water solutions. We also see company’s strategic positioning to benefit from ongoing government infrastructure and rural development initiatives, especially those focused on water management and irrigation. We view Oswal Pumps as a compelling long-term investment opportunity, well-aligned with the government’s continued emphasis on rural electrification and promotion of solar-powered irrigation systems.
Post listing, we continue to recommend a HOLD for the long term, as the company is well-positioned to benefit from structural growth drivers in the agri and infrastructure sectors.
For Non-allotted investors: Consider accumulating on any dips post-listing, particularly if broader market sentiment causes short-term volatility. The business offers a strong combination of sectoral tailwinds and value-based fundamentals.”
- 11:21 | June 20, 2025
Oswal Pumps share price live: Financial valuation
Oswal Pumps has a net debt of ₹339 crore or 1x net debt to EBITDA on account of Oswal Solar commencement in January 2024. The issue proceeds will be used to clear debt, which should cushion valuations further. The trade receivable days though have increased from 40 days in FY22 to 123 days in 9MFY25 owing to a higher exposure to government payments. The current year receivable days have also been impacted by elections last year and the management expects it to improve going forward.
The company prospects are strong and the valuation reasonable for growth. Investors subscribing to the issue should monitor PM-KUSUM, which is central to the investment thesis.
bl research bureau report | Read more
- 10:59 | June 20, 2025
Oswal Pumps share price live: Shares trade flat as at 10.58 am
- 10:58 | June 20, 2025
IPO news, share price listing live: Shares of Krishival Foods in focus
Krishival Foods stock hit the upper circuit on the NSE at ₹414.80 after listing at ₹414.45 against the IPO price of ₹395.05.
The stock traded 5% higher at ₹414.75 as at 10.55 am.
Source: X/@NSEIndia
- 10:57 | June 20, 2025
Oswal Pumps share price live: Glimpse of listing ceremony
(Source: X/@NSEIndia)
- 10:54 | June 20, 2025
Oswal Pumps share price listing live: NSE bell has rung
Source: X/@NSEIndia
- 10:36 | June 20, 2025
Oswal Pumps share price live: Shares flat
Shares of Oswal Pumps traded flat at ₹636.35 on the NSE as at 10.35 am.
- 10:35 | June 20, 2025
Stock market live updates: Sensex, Nifty 50 zoom
Sensex zoomed 782.80 pts or 0.96% to 82,144.67 as at 10.33 am, and Nifty 50 surged 233.30 pts or 0.94% to 25,026.55
- 10:12 | June 20, 2025
Oswal Pumps share price live: Volatile after premium listing
- 10:05 | June 20, 2025
Oswal Pumps share price live: Stock debuts at 3% premium on NSE, BSE
Shares of Oswal Pumps debuted at 3% premium on the NSE and BSE at ₹634 and ₹632, respectively, against the IPO price of ₹614.
- 09:33 | June 20, 2025
Oswal Pumps share price listing live today: Pre listing view by Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd
Pre listing view on Oswal Pumps Ltd by Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd
“Despite prevailing market volatility, the mainboard IPO of Oswal Pumps received a robust response from investors, getting oversubscribed by over 34 times, with particularly strong interest from Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs). The response reflects strong institutional confidence in the company’s fundamentals and long-term growth trajectory, even amid near-term market uncertainty. We believe this overwhelming demand was driven by attractive valuation levels, offering reasonable long term upside potential along with a well-diversified product portfolio across agriculture, industrial, and domestic water solutions. We also see company’s strategic positioning to benefit from ongoing government infrastructure and rural development initiatives, especially those focused on water management and irrigation.
Given the strong subscription demand and ongoing market sentiment, we anticipate a decent listing gain in the range of 10–15% for Oswal Pumps debut. The IPO saw significant oversubscription, reflecting confidence in the company’s fundamentals and valuation. we view Oswal Pumps as a compelling long-term investment opportunity, well-aligned with the government’s continued emphasis on rural electrification and promotion of solar-powered irrigation systems.
For Allotted investors: We advise a HOLD for the long term, as the company is well-positioned to benefit from structural growth drivers in the agri and infrastructure sectors.
For Non-allotted investors: Consider accumulating on any dips post-listing, particularly if broader market sentiment causes short-term volatility. The business offers a strong combination of sectoral tailwinds and value-based fundamentals.”
- 09:28 | June 20, 2025
Oswal Pumps share price listing live: IPO subscribed 34.42 times on closing day
The initial share sale of Oswal Pumps received 34.42 times subscription on the closing day of bidding on Tuesday.
The Rs 1,387.34-crore initial public offering (IPO) got bids for 55,80,29,976 shares against 1,62,12,980 shares on offer, as per NSE data.
The quota for Qualified Institutional Buyers (QIBs) fetched 88.08 times subscription while the category for non-institutional investors got subscribed 36.70 times. The portion for Retail Individual Investors (RIIs) received 3.60 times subscription.
Oswal Pumps on Thursday mopped up Rs 416.2 crore from anchor investors.
The IPO is a combination of a fresh issue of shares valued at Rs 890 crore and an offer-for-sale (OFS) of 81 lakh shares worth Rs 497.34 crore at the upper end of the price band, by promoter Vivek Gupta. This aggregates the issue size at Rs 1,387.34 crore.
The IPO has a price range of Rs 584-614 per share.
Proceeds from the fresh issue will be used for funding certain capital expenditures of the company, investment in wholly-owned subsidiary Oswal Solar in the form of debt or equity, setting up new manufacturing units at Karnal, Haryana, payment of debt, and general corporate purposes.
Oswal Pumps commenced operations in 2003 by manufacturing low-speed monoblock pumps and over the years, it expanded operations to manufacture grid-connected submersible pumps and electric motors.
IIFL Capital Services, Axis Capital, CLSA India, JM Financial and Nuvama Wealth Management are the book-running lead managers to the issue.
PTI
- 09:27 | June 20, 2025
Oswal Pumps share price listing live: Watch the listing ceremony live
Source: X/@NSEIndia
Published on June 20, 2025
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