Oswal Pumps Limited IPO.
JSA Advocates, S&R Associates Advise on Oswal Pumps Limited’s Rs 1694 crore IPO: New Delhi, India – June 30, 2025 – Oswal Pumps Limited, a rapidly expanding Indian manufacturer in the pumps and electrical equipment sector, has successfully launched its Initial Public Offering (IPO), aiming to raise approximately ₹1,694 crore. This significant market debut includes a secondary sale of roughly ₹300 crore by the Promoter Selling Shareholder, marking a crucial step in the company’s growth and expansion strategy.
The intricate legal aspects of this substantial offering were navigated by two prominent Indian law firms: S&R Associates and JSA Advocates and Solicitors.
S&R Associates has been advising Oswal Pumps Limited directly on the IPO, a role confirmed by the Draft Red Herring Prospectus. The dedicated team from S&R Associates was led by Partner Juhi Singh and counsel Shiv Bhargava. They were supported by a robust team of associates, including Ayushi Shrivastava, Nidhi Raj, and Utkarsh Mani Tripathi, ensuring comprehensive legal guidance for the issuing company.
Concurrently, JSA Advocates and Solicitors provided legal counsel to the book-running lead managers for the IPO. These included a consortium of leading financial institutions: IIFL Capital Services Limited, Axis Capital Limited, CLSA India Private Limited, JM Financial Limited, and Nuvama Wealth Management Limited. The JSA transaction team, instrumental in guiding the lead managers through the regulatory and transactional framework, was headed by Lead Partner Arka Mookerjee, with key support from Partners Pracheta Bhattacharya and Anshu Bansal. The team also included Principal Associate Ananth Balaji, Senior Associate Govind Roy, and Associates Ayushi Pandit, Aditi Khandal, Ritu R Jaiswal, and Vaishnavi Kokkonda.
Oswal Pumps Limited’s products.
Founded in 2003, Oswal Pumps Limited has established itself as one of India’s fastest-growing companies in its field. Its diverse product portfolio encompasses a wide array of pumping solutions, including solar pumps, submersible pumps, monoblock pumps, pressure pumps, and sewage pumps. Beyond pumps, the company also manufactures essential electrical components such as electric motors, submersible winding wires & cables, and electric panels. Oswal Pumps boasts a unique, integrated plant with a world-class manufacturing facility spanning an impressive area of 41,076 square meters. This state-of-the-art facility is backed by a team of seasoned engineers and technicians, underscoring the company’s commitment to quality and innovation.
The successful IPO is expected to provide Oswal Pumps Limited with the necessary capital to further its expansion plans, invest in research and development, and solidify its market position as a key player in India’s industrial and agricultural sectors. The involvement of top-tier legal advisors like S&R Associates and JSA Advocates highlights the complexity and strategic importance of this public offering in the Indian market.
