Oswal Energies Ltd. IPO Details

Oswal Energies was incorporated on January 28, 2013. The company provides integrated EPC services and manufactures heavy process equipment for the energy sector. It executes infrastructure projects like surface facilities, gas processing plants, and pipelines under its Project Division, and supplies process equipment, skids, and packages under its Heavy Engineering Division

Bidding Dates
To Be Announced
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
----4.6 M--₹2,500.0 MDRHP DOC

Oswal Energies issue details

Oswal Energies has 4.6 M shares on offer

Oswal Energies IPO issue size is ₹ 2,500.0 M

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%

Oswal Energies IMPORTANT IPO DATES

Issue Open Date-
Issue close Date-
Allotment Date-
Refund Date-
Demat Account Credit Date-
Listing Date-
Listing on Exchange(s)NSE and BSE

Oswal Energies NUMBER OF SHARES ON OFFER

Total4.6 M
Fresh Issue0
Offer for Sale4.6 M
Post Issue Promoter Holding %

Oswal Energies FINANCIALS

Period Net Profit (Rs in crore) Revenue from Operations (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
FY25 65.8 410.9 9.2 6.7 22.1%
FY24 30.0 256.0 -6.9 -10.1 14.6%
FY23 5.4 160.0 1.8 -6.1 6.1%

Oswal Energies INFORMATION ON IPO ISSUE

About Oswal Energies

Oswal Energies was incorporated on January 28, 2013. The company provides integrated EPC services and manufactures heavy process equipment for the energy sector. It executes infrastructure projects like surface facilities, gas processing plants, and pipelines under its Project Division, and supplies process equipment, skids, and packages under its Heavy Engineering Division

Object of the Issue

  • Funding long-term working capital requirements of the company
  • General corporate purposes

Oswal Energies - PROMOTERS

Name
Ratan Babulal Bokadia
Jayant Babulal Bokadia
Dixit Jitendra Bokadia
Ratan Babulal Bokadia (HUF)
Jayant Babulal Bokadia (HUF)

Oswal Energies Book Running Lead Manager

Monarch Networth Capital Limited

ecm@mnclgroup.com

Oswal Energies Registrar to the Offer

Mufg Intime India Private Limited

oswalenergies.ipo@in.mpms.mufg.com

Oswal Energies Strengths

Broad service range

The company offers both engineering, procurement, and construction (EPC) services and manufacturing of heavy equipment. It handles end-to-end project needs including design, procurement, site construction, and testing

Strength

Timely project delivery

The company has a strong track record of completing turnkey EPC projects on time. Since Fiscal 2023, it has delivered 5 EPC and 21 heavy engineering contracts without delays or performance issues. Its in-house manufacturing and long-term supplier partnerships ensure cost control and quality

Strength

Oil sector focus

The company has deep expertise in upstream oil and gas projects, contributing over 90% of revenue for the past three years. It has completed key projects for clients like Cairn India and Oil and Natural Gas Corporation, including early production facilities, well hook-ups, and processing units

Strength

Oswal Energies Risks

Engineering estimate risk

The company’s project execution relies heavily on accurate pre-approval engineering studies conducted by its in-house design and engineering team. Any deviation between the estimates and actual implementation could disrupt timelines and lead to cost overruns

Risk

Tender process risk

A significant portion of the company’s business is awarded through competitive bidding by government and private entities. Failure to qualify or secure bids due to changing qualification criteria, delays, or increased competition may impact business visibility, revenue, and overall financial performance

Risk

Labour dependency

The company depends extensively on contract labour through independent contractors for its manufacturing operations. Any disruption in supply, wage disputes, regulatory changes, or cost escalation related to labour laws could increase expenses and adversely affect operational efficiency

Risk

IPO FAQs

  • The promoters of the company are Ratan Babulal Bokadia, Jayant Babulal Bokadia, Dixit Jitendra Bokadia, Ratan Babulal Bokadia (HUF) and Jayant Babulal Bokadia (HUF).
  • The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.