Initial Public Offering of Oswal Pumps Limited

  • Deal
  • June 24, 2025

JSA Advocates and Solicitors advised the book running lead managers, namely, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), Axis Capital Limited, CLSA India Private Limited, JM Financial Limited, and Nuvama Wealth Management Limited, on Oswal Pumps Limited’s initial public offering of approximately ₹1,694 crore (which included the secondary sale of approximately ₹300 crore by the Promoter Selling Shareholder). The Prospectus was filed on June 17, 2025 further to which the equity shares commenced trading on the stock exchanges on June 20, 2025.

JSA’s team was led by Arka Mookerjee (Lead Partner), along with support from Pracheta Bhattacharya (Partner) and Anshu Bansal (Partner), and Ananth Balaji (Principal Associate), Govind Roy (Senior Associate), Ayushi Pandit (Associate), Aditi Khandal (Associate), Ritu R Jaiswal (Associate), Vaishnavi Kokkonda (Associate)