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In this Share Market News article you are going to get info on Oswal Pumps & Monolithisch India IPO , read it full to get the full info.
IPO Timeline
Oswal Pumps Ltd.
- IPO Opening: June 13, 2025
- IPO Closing: June 17, 2025
- Allotment Finalization: Around June 18, 2025
- Refunds and Credit of Shares: June 19, 2025
- Expected Listing Date: June 20, 2025
- Price Band: ₹584–₹614 per share
- Lot Size: 24 shares (₹14,736 at the upper price band)
Monolithisch India Ltd.
- IPO Opening: June 12, 2025
- IPO Closing: June 16, 2025
- Allotment Finalization: June 17, 2025
- Credit/Refunds: June 18, 2025
- Expected Listing Date: June 19, 2025
- Price Band: ₹135–₹143 per share
- Lot Size: 1,000 shares (₹143,000 at upper band)
- Platform: SME segment (NSE SME)
IPO Details – Monolithisch India & Oswal Pumps
Oswal Pumps
- Total Issue Size: ₹1,387.34 crore
- Fresh Issue: ₹890 crore
- Offer for Sale (OFS): ₹497.3 crore
- Anchor Investment Raised: ₹416 crore (prior to IPO)
Monolithisch India
- Total Issue Size: ₹82.02 crore
- Entirely a Fresh Issue of 57.36 lakh shares
- No Offer for Sale
Use of IPO Funds
Oswal Pumps
- To set up a new state-of-the-art manufacturing unit in Karnal, Haryana
- Capital infusion into its solar-focused subsidiary, Oswal Solar
- Partial repayment of existing debt
- Working capital needs and general corporate purposes
Monolithisch India
- Establishing a new plant with modern machinery
- Investment in its subsidiary Metallurgica India Pvt Ltd
- Strengthening working capital and general business expansion
About the Companies
Oswal Pumps Ltd.
- Founded in 2003, based in Karnal, Haryana
- One of India’s prominent players in solar and electric water pumps
- Also manufactures solar panels, motors, and control panels
- Serves rural irrigation, government solar schemes, and private consumers
- Known for its growing contribution to solar-powered infrastructure
Monolithisch India Ltd.
- Established in 2018, headquartered in Ranchi, Jharkhand
- Specializes in manufacturing refractory materials, particularly silica-based ramming mass
- Supplies raw materials primarily used in induction furnaces in the steel industry
- Has a growing customer base across Eastern and Central India
Financial Performance Snapshot
Oswal Pumps (FY22 → FY24 → 9M FY25)
- Revenue: ₹360 Cr → ₹759 Cr → ₹1,066 Cr
- EBITDA: ₹38.5 Cr → ₹150.1 Cr → ₹321 Cr
- EBITDA Margin: 10.7% → 19.8% → 30.1%
- PAT: ₹16.9 Cr → ₹97.7 Cr → ₹216.7 Cr
- PAT Margin: 4.7% → 12.9% → 20.3%
- ROE: 0.4% → 31.2% → 54.1%
- Debt-to-Equity: Improved from 3.56 to 0.89
Monolithisch India (FY25)
- Revenue: ₹97.34 Cr
- EBITDA: ₹21.06 Cr
- EBITDA Margin: 21.6%
- PAT: ₹14.49 Cr
- PAT Margin: 14.9%
- ROE: 53.9%
- ROCE: 46.2%
- Debt-to-Equity: Below 1 (low leverage)
IPO Allotment Structure
Oswal Pumps
- Qualified Institutional Buyers (QIB): 50%
- Non-Institutional Investors (NII): 15%
- Retail Individual Investors (RII): 35%
Monolithisch India
- QIB: 50%
- NII: 15%
- Retail: 35%
- Small portion reserved for Market Maker
Valuation & Ratios
| Metric | Oswal Pumps | Monolithisch India |
|---|---|---|
| EBITDA Margin | 30.1% | 21.6% |
| PAT Margin | 20.3% | 14.9% |
| ROE | 54.1% | 53.9% |
| ROCE | Estimated 80%+ | 46.2% |
| P/E (est. FY24-25) | ~71x | ~62x |
Financial Condition & Future Prospects
Oswal Pumps
- Significant growth in both top-line and bottom-line in recent years
- Aimed at expanding its renewable energy footprint via solar pumps
- Backed by strong government schemes like PM-KUSUM
- Healthy balance sheet with falling debt and expanding margins
- Strong order book (~₹1,100 crore) and capex-backed future growth
- Risk: Slightly rich valuation, cyclical demand from agriculture sector
Monolithisch India
- Operating in a niche but essential industrial material space
- High customer retention and demand from steel industry
- Strong profit margins and low capital intensity
- Asset-light model supports scalability
- Risk: Dependent on a specific industry segment (induction furnaces)
Investment Outlook
Oswal Pumps – Bullish
- Strong fundamentals, expanding margins, solar sector tailwinds
- Aggressive capex with debt reduction is a strong strategic mix
- Anchor investor interest and positive grey market premium signal strong market appetite
- Long-term investors with moderate risk tolerance may benefit from holding
Monolithisch India – Cautiously Bullish
- Strong profitability and efficient capital use
- Smaller IPO size, so may see listing pop on SME platform
- High return ratios justify premium valuation
- However, SME IPOs carry liquidity and volatility risks
- Ideal for informed investors looking for niche sector exposure
Final Verdict
| Company | Verdict |
|---|---|
| Oswal Pumps | Bullish – Long-Term Growth Play |
| Monolithisch India | Cautiously Bullish – High-Margin SME with Niche Focus |
I hope you liked this IPO related News & Info
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