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Issue Open Date
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13-Jun-25
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Issue Closing Date
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17-Jun-25
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Application Money
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100
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Allotment Money
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Price Band
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584
-
614
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Minimium Application No.
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24
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Issue Size (Shares)
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16212980
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Market Lot
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1.00
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Objective
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1. funding certain capital expenditure of our Company;2. investment in our wholly-owned Subsidiary, Oswal Solar, in the form of debt or equity, for funding the setting up of new manufacturing units at Karnal, Haryana;3. pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by our Company;4. investment in our 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; and5. general corporate purposes
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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3500959
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128470944
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36.70
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Qualified Institutional Buyers
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4543116
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400138176
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88.08
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Retail Individual Investors
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8168905
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29433576
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3.60
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Business Description
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| We are the fastest growing vertically integrated solar pump manufacturers in India in terms of revenue growth during the last three fiscals, with our revenues growing at a CAGR of 45.07% between Fiscal 2022 and Fiscal 2024. (Source: 1Lattice Report) We manufac |
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more... |
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Promoter's Holding
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Total Share Capital
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99362300
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Offered to Public
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Promoter's Holding (Pre-Issue)
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99.88
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Promoter's Holding (Post-Issue)
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Address |
Oswal Estate
N H-1
Kutail Road
P. O. Kutail
Karnal Dist
,
Haryana
,
132037
Phone:
018 43500307
Email:
investorrelations@oswalpumps.com
Website:
www.oswalpumps.com
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Registrar |
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
Axis Capital Ltd.
CLSA India Ltd
IIFL Securities Ltd.
JM Financial Ltd.
Nuvama Wealth Management Ltd.
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Promoters |
Amulya Gupta
Ess Aar Corporate Services Pvt Ltd.
Shivam Gupta
Shorya Trading Company Pvt Ltd.
Singh Engcon Pvt Ltd.
Vivek Gupta
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