Oswal Pumps Limited IPO Review
Neutral584-614 · Mainboard
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Analyst Verdict
Oswal Pumps Limited IPO
Neutral
IPO at a Glance
Price Band
584-614
Issue Size
1387cr
Opens
2025-06-11
Closes
2025-06-15
Listing
2025-06-18
Category
Mainboard
Key Strengths
✓Largest supplier of agri-solar pumps under the PM-KUSUM scheme
✓Vertically integrated manufacturing with strong engineering and design capabilities
✓Wide product portfolio across diverse specifications
✓Strong market presence in major agricultural states like Haryana
✓Expanding reach through an extensive distribution network
✓Backed by an experienced Promoter and leadership team
Key Risks
⚠Business is reliant on the performance of the agricultural sector
⚠Significant dependence on the top 10 customers for revenue
⚠Geographic concentration of manufacturing facilities in Karnal, Haryana
⚠Exposure to regional risks like political unrest and natural disasters
⚠Risk of non-compliance with debt covenants and financing obligations
⚠Operations involve hazardous materials posing safety and liability risks
Frequently Asked Questions
Should I apply for Oswal Pumps Limited IPO?
Based on our analysis, our rating for Oswal Pumps Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Oswal Pumps Limited IPO?
Business is reliant on the performance of the agricultural sector Significant dependence on the top 10 customers for revenue Geographic concentration of manufacturing facilities in Karnal, Haryana
What are the strengths of Oswal Pumps Limited IPO?
Largest supplier of agri-solar pumps under the PM-KUSUM scheme Vertically integrated manufacturing with strong engineering and design capabilities Wide product portfolio across diverse specifications
What is the price band of Oswal Pumps Limited IPO?
The price band for Oswal Pumps Limited IPO is 584-614. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more