Oswal Energies Limited

Oswal Energies Limited (NEW IPO): GMP, Profit, Price & expert review

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Oswal Energies Limited is an engineering, procurement and construction (EPC) company that provides end-to-end solutions for the energy sector, including oil & gas, power, and petrochemical industries. The company also manufactures heavy process equipment and engineering packages used in energy infrastructure projects, offering services from concept and design to commissioning.

Oswal Energies Limited was incorporated in 2013 & currently Mr. Ratan Babulal Bokadia serves as the Managing Director of the company.

The company is also expanding into clean-energy solutions including green hydrogen, waste-to-energy, and low-carbon energy infrastructure. It has served 125+ clients and completed 250+ projects, working with major energy companies such as ExxonMobil, ONGC, Reliance, BPCL, and IOCL.

Oswal Energies Limited has filed its DRHP with SEBI for a proposed IPO featuring a Fresh Issue of ₹ 250 Crore and an Offer for Sale (OFS) of 4,600,008 Equity Shares.

Subscription date to apply for Oswal Energies Limited is yet to be announced. Price band for the IPO is also pending to be declared.

Check DRHP
Check IPO Allotment
Visit Official Website
Issue Size:₹ 250 Crore + 4,600,008 Equity shares
Fresh Issue:₹ 250 Crore
Offer for Sale:4,600,008 Equity shares
Price Range:TBA
Lot Size:TBA
GMPPending

Oswal Energies Limited important data points

Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 122.70 Cr
Revenue:₹ 410.87 Cr
EBITDA₹ 90.95 Cr
EBITDA Margin:~22.14%
PAT₹ 65.79 Cr
PAT Margin~15.94%
Face Value:₹ 10

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Borrowing Repayment₹ 00 Cr
Subsidiary Investment₹ 00 Cr
Working Capital Requirement₹ 177.13 Cr
General Corporate PurposeBalance

Oswal Energies Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 160.0₹ 256.0₹ 410.9
PAT (₹ Cr)₹ 5.3₹ 30.1₹ 65.8
Asset (₹ Cr)₹ 113.4₹ 218.2₹ 321.4
Net Worth (₹ Cr)₹ 26.9₹ 56.9₹ 122.7

Oswal Energies Ltd IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
17-May₹ –₹ –₹ –
16-May₹ –₹ –₹ –
15-May₹ –₹ –₹ –
14-May₹ –₹ –₹ –
13-May₹ –₹ –₹ –
Oswal Energies Limited

Oswal Energies Limited IPO Pros & Cons

Strengths:

  • Strong revenue growth with profit rising sharply in recent years.
  • Integrated EPC capabilities like designing, manufacturing, and project execution in-house.
  • Diversified presence in energy sectors like oil & gas, power, and petrochemicals.
  • Healthy project pipeline and executed EPC projects, indicating operational capability.
  • Experienced management with over a decade of industry presence since 2013.

Risks:

  • High dependence on a few large clients, creating revenue concentration risk.
  • Project-based revenue model, so delays or cancellations can affect earnings.
  • Dependence on the oil & gas industry, which is cyclical and sensitive to global prices.
  • High working capital requirement due to large EPC projects.
  • Raw material price volatility can impact margins and profitability.

Oswal Energies Limited Promoters – Pre offer equity (Approx)

Promoters%Shares
Dixit Jitendra Bokadia~ 21.02 %
Jayant Babulal Bokadia~ 7.56 %
Ratan Babulal Bokadia~ 6.44 %
Ratan Babulal Bokadia (HUF)~ 4.40 %
Jayant Babulal Bokadia (HUF)~ 3.58 %
––

Oswal Energies Limited Promoters – Pre offer equity (Approx)

Application TypeLot SizeNo. of LotNo. of SharesInvestment Amount
Retail (Min)–1–₹ –
Retail (Max)–13–₹ –
HNI (Min)–14–₹ –
HNI (Max)–66–₹ –
Big HNI (Min)–67–₹ –

Lead Managers / Registrars of Oswal Energies Limited

Lead / Book Running Lead ManagersMonarch Networth Capital Limited
Registrar (RTA)MUFG Intime India Private Limited

FAQ’S of Oswal Energies Limited

  • It is an engineering, procurement and construction (EPC) company providing concept-to-commissioning solutions and manufacturing process equipment for oil & gas, petrochemical and energy projects.
  • Oswal Energies is raising funds via IPO to fund long-term working capital requirements and general corporate purposes, helping the company execute large EPC projects and expand operations.
  • The issue size of the IPO comprises of ₹ 250 Cr as fresh issue + OFS ~0.46 Cr equity shares. It will be listed on BSE and NSE platform.
  • Key risks include dependence on oil & gas sector demand, project execution delays, and revenue concentration from a few large clients, which can affect earnings stability.
  • Upsides include strong growth in revenue and profits, integrated EPC capabilities, and a healthy order pipeline in the energy infrastructure sector.
  • Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers.

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