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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 (Rs.)
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584
-
614
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Minimum Bid Quantity.
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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
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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
|
Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
3500959
|
128470944
|
36.7
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Qualified Institutional Buyers
|
4543116
|
400138176
|
88.08
|
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Retail Individual Investors
|
4543116
|
400138176
|
88.08
|
|
|
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Business Description
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 manufacture so...
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Promoter's Holding
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Total Share Capital
|
99362300
|
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Offered to Public
|
|
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Promoter's Holding (Pre-Issue)
|
99.88
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Promoter's Holding (Post-Issue)
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|
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More |
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Address |
Oswal Estate
N H-1
Kutail Road
P. O. Kutail
Karnal Dist
,
Haryana
,
132037
Phone :
0184-3500307
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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