Oswal Pumps Share Price & Listing Live Updates: Oswal Pumps stock to debut on NSE, BSE today

• 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