There was 06 main board IPO in June 2025 of Schloss Bangalore Limited, Aegis Vopak Terminals Limited, Prostarm Info Systems Limited, Scoda Tubes Limited, Oswal Pumps Limited and ArisInfra Solutions Limited against 03 main board IPOs in May 2025. There were 03 SME IPOs in June 2025 as against 04 SME IPOs in May 2025.
Oswal Pumps Limited:
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About the Company |
Incorporated in 2003, Oswal Pumps Limited is a leading manufacturer of solar, submersible, monoblock, pressure, and sewage pumps, along with electric motors for domestic, agricultural, and industrial use. With a 41,076 sq. meter facility in Karnal, the company has a robust pan-India network of 636 distributors and exports to 17 countries across Asia-Pacific, MENA, and other regions, backed by its strong presence in solar solutions under the PM-KUSUM Scheme contributing to 87% of revenue share. It currently has an order book of Rs. 1,100 crore and an additional bid pipeline of Rs. 3,200 crore indicating decent growth visibility in the coming years. The firm reported a revenue of Rs 774 crore and PAT of 89 Crore in FY24, marking a significant increase from Rs. 385 crore in revenue and Rs.34 crore in PAT in FY23. |
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Funds Utilization |
The Net Proceeds from the IPO will be utilized towards capital expenditure, investment in subsidiary Oswal Solar for setting up new manufacturing units and debt repayment, repayment of certain borrowings of the Company, and general corporate purposes. |
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Anchor Investor & Selling Shareholders |
The company raised Rs. 416.20 crore from anchor investors, with promoter and selling shareholder Vivek Gupta offering up to 81 lakh equity shares through the OFS. |
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IPO Performance |
The Rs. 1.387 Crore IPO comprised of fresh issue of Rs. 890 Crore and an offer for sale for Rs. 497 Crore. The issue was subscribed over 34.42 times, with QIB’s subscribing the most at 88.08 times to the issue. Shares of Oswal Pumps Limited made a modest debut on the bourses on 20th June, and got listed at Rs. 634 on NSE and Rs. 632 on BSE, i.e. a premium of 3.26% and 2.93% over the issue price of Rs 614. |
Funds Mobilization by Corporates (Rs. In Crore)
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Particulars |
Apr-25 |
May-25 |
|
I. Equity Issues |
49,598 |
10,916 |
|
a. IPOs (i+ii) |
255 |
5,684 |
|
i. Main Board |
0 |
5,276 |
|
ii. SME Platform |
255 |
408 |
|
b. FPOs |
0 |
0 |
|
c. Equity Rights Issues |
180 |
1,073 |
|
d. QIPs/IPPs |
5,994 |
110 |
|
e. Preferential Allotments |
43,169 |
4,049 |
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II. Debt Issues |
92,708 |
95,211 |
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a. Debt Public Issues |
1,297 |
576 |
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b. Private Placement of Debt |
91,411 |
94,635 |
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III. REITs/ InvITs |
0 |
0 |
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a. REITs |
0 |
0 |
|
b. InvITs |
0 |
0 |
|
Total Funds Mobilized (I+II+III) |
1,42,306 |
1,06,127 |
Acknowledgements:
RBI Bulletin (www.bulletin.rbi.org.in), SEBI (www.sebi.gov.in), NSE (www.nseindia.com), BSE (www.bseindia.com)
Disclaimer:
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