Oswal Pumps Limited
Against an issue price of ₹614. Split- and bonus-adjusted official closes — a past move, never a forecast.
Oswal Pumps Limited was a mainboard initial public offer.
The book was open from 13 June 2025 to 17 June 2025.
The issue was priced at ₹614 a share, from a band of ₹584 to ₹614.
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
25 anchor investors were allotted shares before the book opened, worth ₹416 crore.
The shares listed on 20 June 2025.
The last official close on file is ₹276 (21 September 2026), which is 55.0% below the issue price.
It now trades as OSWALPUMPS, and its filed financials are on its company page.
Shares sold in the issue at ₹614 last closed at ₹276.2.
See OSWALPUMPS’s filed financials and price history →Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.
- Registrar
- MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
- Lead managers
- IIFL Capital Services Limited (formerly known as IIFL Securities Limited)
- Axis Capital Limited
- CLSA India Private Limited
- JM Financial Limited
- Nuvama Wealth Management Limited
- Bidding opens13 Jun 2025
- Bidding closes17 Jun 2025
- Basis of allotmentnot published
Not published in the exchange feeds we ingest — we do not estimate it.
- Listing20 Jun 2025
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
Anchor investors are institutions allotted shares one working day before public bidding opens, at a price fixed then. Their shares are locked in for a set period. At least 6 of them are domestic mutual funds; we could not classify 19 of the names either way.
| SMALLCAP WORLD FUND, INC | ₹150 cr |
| ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE SMALL CAP FUNDmutual fund | ₹27.5 cr |
| KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK MANUFACTURE IN INDIA FUNDmutual fund | ₹27.5 cr |
| QUANT MUTUAL FUND - QUANT DYNAMIC ASSET ALLOCATION FUNDmutual fund | ₹27.5 cr |
| 360 ONE FLEXICAP FUND | ₹19 cr |
| AMUNDI FUNDS NEW SILK ROAD | ₹19 cr |
| VALUEQUEST INDIA INFLEXION FUND | ₹14 cr |
| ICICI PRUDENTIAL ENERGY OPPORTUNITIES FUND | ₹13.8 cr |
| ICICI PRUDENTIAL INNOVATION FUND | ₹13.7 cr |
| BANDHAN SMALL CAP FUND | ₹12.6 cr |
| NUVAMA MULTI ASSET STRATEGY RETURN FUND | ₹12.6 cr |
| TROO CAPITAL LTD | ₹12.6 cr |
| MOTILAL OSWAL LARGE CAP FUND | ₹10.6 cr |
| EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC- EDELWEISS AGGRESIVE HYBRID FUNDmutual fund | ₹7.6 cr |
| VQ FASTERCAP FUND | ₹6 cr |
| BANK OF INDIA BUSINESS CYCLE FUND | ₹5 cr |
| BNP PARIBAS FUNDS EMERGING MARKETS CLIMATE SOLUTIONS | ₹5 cr |
| EDELWEISS LIFE INSURANCE COMPANY LIMITED | ₹5 cr |
| SANSHI FUND-I | ₹5 cr |
| SOCIETE GENERALE - ODI | ₹5 cr |
| SUNDARAM MUTUAL FUND A/C SUNDARAM INFRASTRUCTURE ADVANTAGE FUNDmutual fund | ₹5 cr |
| EDELWEISS TRUSTEESHIP CO LTD AC - EDELWEISS MF AC- EDELWEISS RECENTLY LISTED IPO FUNDmutual fund | ₹5 cr |
| MAHINDRA MANULIFE SMALL CAP FUND | ₹2.5 cr |
| MAHINDRA MANULIFE BALANCED ADVANTAGE FUND | ₹2.5 cr |
| MOTILAL OSWAL ACTIVE MOMENTUM FUND | ₹2 cr |
From the issuer’s anchor allotment filing. A record of who was allotted what — not a recommendation.
- Anchor investors — first trancheSEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment20 Jul 202550% of this tranche
- Anchor investors — second trancheSEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment18 Sept 202550% of this tranche
- All other pre-issue capitalSEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment20 Dec 2025already free
- Promoters' minimum contributionSEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment20 Dec 2026whole tranche releases on this date
Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.
Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.
Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.
Everything we extracted from this issue's offer document is the pricing justification rather than the restated statements — it is shown under how the offer was priced. The restated financial statements themselves have not been extracted for this issue.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.
| Company | P/E | P/B | RoNW | EPS | Income |
|---|---|---|---|---|---|
| Kirloskar Brothers Limited | 41.9 | — | 22.3% | 43.84 | ₹40,012 cr |
| KSB Limitednot in our universe | 66.8 | — | 17.1% | 11.99 | ₹22,472 cr |
| Roto Pumps Limited | 42.1 | — | 22.0% | 6.28 | ₹2,745 cr |
| Shakti Pumps (India) Limited | 66.7 | — | 24.2% | 12.82 | ₹13,707 cr |
| WPIL Limited | 27.3 | — | 18.8% | 17.72 | ₹16,644 cr |
The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.
Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Axis Capital Limited 2021 – 2026 | 85 18 measurable | +11.7% | 4 of 14 | 1 of 5 | 2 of 8 |
CLSA India Private Limited 2022 – 2025 | 6 1 measurable | +29.8% | 0 of 1 | — | — |
IIFL Capital Services Limited 2024 – 2026 | 29 12 measurable | +17.3% | 1 of 5 | — | 0 of 2 |
JM Financial Limited 2021 – 2026 | 69 16 measurable | +13.3% | 5 of 10 | 0 of 2 | 0 of 3 |
Nuvama Wealth Management Limited 2023 – 2026 | 17 2 measurable | +8.5% | — | 0 of 1 | 0 of 1 |
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Mufg Intime India Private Limited 2025 – 2026 | 77 18 measurable | +17.2% | 1 of 6 | 1 of 1 | 1 of 4 |
A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.
- Prospectus· PDF · exchange archive18 Jun 2025
- Draft red herring prospectus (DRHP)· PDF · exchange archive17 Sept 2024
- Anchor investor allotment· ZIP · exchange archive
Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.
Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.