Oswal Pumps IPO GMP Today: What Investors Need to Know
The upcoming Oswal Pumps IPO is generating significant interest among investors. With the issue set to open on June 13, 2025, and close on June 17, 2025, market participants are keen to understand the Grey Market Premium (GMP) and other essential details before subscribing.
Oswal Pumps IPO Overview
| Aspect | Details |
|---|---|
| IPO Opening Date | June 13, 2025 |
| IPO Closing Date | June 17, 2025 |
| Price Band | ₹584 – ₹614 per share |
| Lot Size | 24 shares |
| Issue Size | ₹1,387.34 crore (Fresh Issue: ₹890 crore, Offer for Sale: ₹497.34 crore) |
| Listing Date | June 20, 2025 |
| Listing Exchange | BSE & NSE |
Grey Market Premium (GMP) Today
As of today, the Oswal Pumps IPO is trading at a Grey Market Premium (GMP) of ₹67. This suggests a potential listing gain of approximately 10–11% over the issue price band. However, it's important to note that GMP figures can fluctuate until the listing date and are not indicative of future performance.
Financial Highlights
| Financial Metric | FY2024 |
|---|---|
| Revenue | ₹758.6 crore |
| Profit After Tax | ₹97.7 crore |
| EBITDA | ₹150.1 crore |
| EBITDA Margin | 19.8% |
| Net Worth | ₹160 crore |
These figures underscore Oswal Pumps' robust financial performance, driven by strong revenue growth and operational efficiency.
Business Operations & Growth
Oswal Pumps specializes in manufacturing solar-powered and grid-connected submersible and monoblock pumps, electric motors, and solar modules under the "Oswal" brand. The company has executed over 26,270 turnkey solar pumping systems under the PM Kusum Scheme across states like Haryana, Rajasthan, Uttar Pradesh, and Maharashtra.
Prospective Investors: Key Considerations
Strengths
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Robust Financial Performance: Significant growth in revenue and profitability in FY2024.
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Government Backing: Participation in the PM Kusum Scheme positions the company favorably in the renewable energy sector.
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Experienced Management: A seasoned leadership team with over two decades in the industry.
Risks
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Government Policy Dependency: Revenue generation is closely tied to government schemes, which may be subject to policy changes.
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Regional Concentration: A significant portion of revenue comes from specific states; any adverse developments in these regions could impact business.
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Competition: Operating in a competitive market with established players like Kirloskar Brothers and Shakti Pumps.
Conclusion
The Oswal Pumps IPO presents a promising opportunity for investors seeking exposure to the renewable energy sector. The company's strong financials, government-backed projects, and experienced management team add to its appeal. However, potential investors should consider the associated risks, including policy dependencies and regional market concentrations. It's advisable to consult with a financial advisor to assess the suitability of this investment based on individual risk profiles and investment goals.
