Oswal Pumps shares made their stock market debut on Friday with a mild 3% listing premium. The stock was listed at ₹634 per share on the NSE, slightly above its IPO price of ₹614. Given the 34x subscription in the primary market, many had hoped for a stronger listing. So now the big question—should you buy, sell, or hold Oswal Pumps?
Let’s break it down.
A Strong Start, But Not a Bumper One
The ₹1,387 crore IPO of Oswal Pumps caught a lot of investor interest between June 13–17. It was oversubscribed 34.42 times. Expectations were high. But on listing day, the stock opened at ₹634 on NSE and ₹632 on BSE—a modest 3% pop.
That’s not bad, but it’s not fireworks either.
The company’s post-listing market cap stands at ₹7,203 crore, giving it a solid midcap standing. The muted debut reflects overall market volatility more than company fundamentals.
Should You Hold or Book Profits?
If you got shares in the IPO, here’s the straight talk:
Hold it if you’re in for the long game.
According to Mahesh M Ojha from Hensex Securities, Oswal Pumps is well-placed in sectors aligned with India’s growth story—like renewable energy and agri-infra. These aren’t short-term fads. They’re long-term trends. He suggests investors who came just for listing gains could book partial profits if the stock crosses ₹675, but holding on could be more rewarding.
Prashanth Tapse from Mehta Equities agrees. He’s advising investors to hold and wait. The fundamentals, he says, are strong.
For Those Who Missed the IPO
Missed getting allotted? Don’t worry. Experts are suggesting “wait and watch.” Let the stock settle. With some early selling pressure expected, there could be chances to buy on dips. If the stock cools off in the short term, it may become a good entry point.
Why Oswal Pumps Could Be a Long-Term Play
Founded in 2003, Oswal Pumps started with basic monoblock pumps. Over time, it expanded into grid-connected submersibles and electric motors. The company now stands as one of the key players in India’s water and energy solutions.
Given the government’s focus on clean energy and agricultural infrastructure, Oswal’s products are well-positioned to ride that wave. That’s not something to overlook.
If you’re an investor who believes in India’s growth—especially in rural and agri-infra—Oswal Pumps deserves a spot on your watchlist, if not already in your portfolio.
Just don’t expect overnight riches. This is a slow burn, long-term story. And sometimes, those are the most powerful ones.
Disclaimer:
This article is for informational purposes only and does not constitute investment advice. Please consult a certified financial advisor before making any investment decisions.
Also Read India’s ₹26,000 Cr IPO Storm Is Here- Eight Giants Set to Shake the Market This July!
