IPO

The activity in the primary market is expected to remain strong this week, with six IPOs lined up, including one from the mainboard segment. Additionally, four companies are scheduled to list, following two listings last week.

IPO NOTE

Oswal Pumps Ltd (OPL) is the fastest growing vertically integrated solar pump manufacturer in India, in terms of revenue growth between FY22FY24). The company manufacturers solar-powered & grid-connected submersible and monoblock pumps, electric motors and solar modules which are sold under the Oswal' brand name. The company has emerged as one the largest supplier of solar powered agricultural pumps under the PM Kusum Scheme in FY23 and FY24; and has directly or indirectly supplied ~38.0% of the total solar powered agricultural pumps installed as of Dec'24. Further, the company is amongst the few fully integrated turnkey solar...

The primary market is set to see five IPOs in the coming week, including one mainboard IPO. Meanwhile, only one listing is scheduled, following the debut of eight IPOs in the previous week.

The primary market is expected to be quiet this week, with no new IPOs on the mainboard and only one SME IPO opening. Eight listings are scheduled, including two mainboard companies, following six listings last week.

Company is a stainless-steel tubes and pipes manufacturer based in India having over 14 years of experience. Company's products are broadly categorised into: (i) seamless tubes/pipes; and (ii) welded tubes and pipes, under five (5) product lines, namely, (i) stainless steel seamless pipes; (ii) stainless steel seamless tubes; (iii) stainless steel seamless U tubes; (iv) stainless steel instrumentation tubes; and (v) stainless steel welded tubes and U tubes (Products or Stainless Steel Products)....

IPO NOTE

IPO NOTE