Oswal Pumps Limited
- Minimum Investment₹14,016
- Price Range₹584 - ₹614
- Issue Size₹1,387.34 Cr
- Lot Size24 shares
Proceeds of this IPO to be used for
Funding the company’s capital expenditures
Investing in Oswal Solar, a wholly-owned subsidiary, to set up new manufacturing units and prepay its outstanding borrowings
Repaying or prepaying part or all of the company’s outstanding borrowings
General corporate purposes
Strengths & Weaknesses of Oswal Pumps Limited
Largest supplier of solar-powered agricultural pumps
The company is a top supplier of solar-powered agricultural pumps under the PM Kusum Scheme and is poised for industry growth. It’s India's fastest-growing vertically integrated solar pump manufacturer, with a 45.1% CAGR in revenue over the last three years
Engineering and design capabilities
The company has a strong engineering and design team dedicated to improving product design and reducing costs. They lower expenses by using sheet metal instead of stainless steel for submersible pump components, featuring professionals from various fields
Presence in major agricultural states
In FY24, the company expanded its presence across India by selling products through distributors. With a strong foothold in North India, particularly in key agricultural states, it diversifies its customer base and reduces reliance on any single region
Dependent on government schemes
The company earns a significant part of its revenue from supplying Turnkey Solar Pumping Systems through government tenders under the PM Kusum Scheme. However, future contracts are uncertain, and a reduction in government funding could negatively affect its business and financial health
Dependent on key customers and locations
In FY24, 79.5% of the company's revenue came from the top 10 customers. It also heavily relies on revenue from Haryana, Maharashtra, Uttar Pradesh, and Rajasthan, so adverse developments in these states could negatively impact its financial condition
Dependent on the agricultural sector
The company's business relies on the agricultural sector's performance. Adverse changes in this sector could negatively impact its operations, financial condition, and cash flow
Financials
Earnings Per Share
No Data
Balance Sheet
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Cash Flow
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About Oswal Pumps Limited
- PromoterVivek Gupta
- PromoterAmulya Gupta
- PromoterShivam Gupta