Oswal Pumps Ltd - IPO

Oswal Pumps Ltd IPO Details

Initial public offering of up to [*] equity shares of face value Re. 1 each (Equity Shares) of Oswal Pumps Limited (The Company or the Company or the Issuer) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (the Offer Price) aggregating up to Rs. [*] crores (the Offer) comprising a fresh issue of up to [*] equity shares of face value of Re. 1 each aggregating up to Rs. 1000.00 crores by the company (the Fresh Issue) and an offer for sale of up to 11,312,000 equity shares of face value of Re. 1 each aggregating up to Rs. [*] crores by Vivek Gupta (referred to as the Promoter Selling Shareholder and such offer for sale of equity shares of face value Re. 1 each by the promoter selling shareholder, the Offer for Sale). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Re. 1 each and the offer price is [*] times the face value of equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding certain capital expenditure of the company. Investment in its wholly owned subsidiary Oswal Solar in the form of debt or equity for funding the setting up of new mfg unit at. Pre-payment/re-payment in part or full of certain outstanding borrowings availed by the companu. Investment in its wholly owned subsidiary Oswal Solar in the form of debt or equity for repayment prepayment in part or full of certain outstanding borrowings availed by Oswal Solar. General corporate purposes.

Oswal Pumps Ltd Contact Details

Oswal Pumps Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - investorrelations@oswalpumps.com

Website - www.oswalpumps.com