Investment Banking

Disclaimer

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA. THESE MATERIALS ARE BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED.

Investors should read the Red Herring Prospectus and seek professional advice before taking any action.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the Red Herring Prospectus of Oswal Pumps Limited (the “Company”) dated June 7, 2025 (the “Red Herring Prospectus”) filed with filed with the Registrar of Companies, Delhi and Haryana at New Delhi (“RoC”) and the Securities and Exchange Board of India (“SEBI”), BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”, and together with BSE, the “Stock Exchanges”) hosted on this website in connection with the proposed initial public offering of securities (the “Offer”) that IIFL Capital Services Limited (formerly known as IIFL Securities Limited) is associated with as a Book Running Lead Manager (“BRLM”). You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Red Herring Prospectus. By accessing the Red Herring Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time.

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. Residents of countries other than India are not authorized to view or use the information in this portion of our website. The information in this portion of our website, including the Red Herring Prospectus, is not for publication or distribution, directly or indirectly, in or into the United States. Please note that because of restrictions imposed by law on soliciting securities business in various jurisdictions, subscription to the Offer will not be permitted to residents of certain jurisdictions. The contents of the Red Herring Prospectus are for your information only and you acknowledge that access to the Red Herring Prospectus is intended for use by you only and you agree not to forward the Red Herring Prospectus on to any other person, internal or external to your company, in whole or in part, or otherwise provide access via e-mail or otherwise to any person. No part of the contents of the Red Herring Prospectus shall be copied or duplicated in any form by any means, or redistributed.

The Red Herring Prospectus has been made available on this website in electronic form solely to comply with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”). “IIFL Capital Services Limited (formerly known as IIFL Securities Limited)”, as a BRLM, has taken all necessary steps to ensure that the contents of the Red Herring Prospectus as appearing on this website are identical to the Red Herring Prospectus filed with SEBI and the other relevant statutory/regulatory authorities, including the stock exchanges where the securities are proposed to be listed, in accordance with the SEBI ICDR Regulations. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither IIFL Capital Services Limited (formerly known as IIFL Securities Limited) nor any of its affiliates, or their respective directors, officers and employees (together, the "Affiliates"), accepts any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data.

The Red Herring Prospectus does not constitute an offer to sell or an invitation to subscribe to the securities offered in any jurisdiction to any person to whom it is unlawful to make an offer or invitation in such jurisdiction and is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would be contrary to law or regulation; or (b) IIFL Capital Services Limited (formerly known as IIFL Securities Limited) or any of its Affiliates would by virtue of such distribution become subject to new or additional registration, licensing or other regulatory requirements. The securities described in the Red Herring Prospectus have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state law of the United States and, unless so registered, may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, the securities described in the Red Herring Prospectus are being offered and sold outside the United States in “offshore transactions” as defined in and in compliance with Regulation S under the U.S. Securities Act and the applicable laws of the jurisdictions where those offers and sales are made. There will be no public offering of such securities in the United States.

Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, please see the section titled “Risk Factors” of the Red Herring Prospectus. Any decision on whether to invest in the equity shares described in the Red Herring Prospectus of the Company, must be made solely on the basis of the RHP. As there may be material changes in the draft red herring prospectus dated September 17, 2024 (the “DRHP”) versus the RHP, potential investors should not have relied on the DRHP.

Neither IIFL Capital Services Limited (formerly known as IIFL Securities Limited) nor any of its Affiliates will be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website. IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and its Affiliates cannot and do not guarantee the accuracy, timeliness or completeness of the information being made available to you in the Red Herring Prospectus beyond the date of the Red Herring Prospectus. The information contained in the Red Herring Prospectus not been updated since its original publication date and may not reflect the latest updates

IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and its Affiliates will not be responsible for any loss to any person or entity caused by any shortcoming, defect or inaccuracy which may have inadvertently or otherwise crept into the website. Neither IIFL Capital Services Limited (formerly known as IIFL Securities Limited), nor any of its Affiliates nor their directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you, or from any other cause relating to your access to, or inability to access or use of, the website or these materials.

Please note that forms downloaded and used for subscription to the Offer in contravention of the above will be rejected with no recourse to IIFL Capital Services Limited (formerly known as IIFL Securities Limited), the Company, or any of their respective Affiliates.

If you are not in India or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.

Viewing this information may not be lawful in certain jurisdictions. In other jurisdictions, only certain categories of person may be allowed to view or use this information. Any person who wishes to view this site must first satisfy themselves that they are not subject to any local requirements which prohibit or restrict them from doing so. Please note that because of restrictions imposed by law on soliciting securities business in various jurisdictions, subscription to the Offer will not be permitted to residents of certain jurisdictions. The DRHP is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would be contrary to law or regulation; or (b) IIFL Securities Limited or any of its Affiliates would by virtue of such distribution become subject to new or additional registration requirements.

To access this information, you must confirm by pressing on the button marked “I Confirm” that, at the time of access, you (a) are located and resident in India and (b) are not a resident of the United States and you are not located inside the United States. If you cannot make this confirmation, you must press the button marked "I Do Not Confirm".

The documentation contained in these pages is posted to comply with Indian legal and regulatory requirements. Making the information contained herein available in electronic format does not constitute an offer to sell or the solicitation of an offer to buy securities in the Company in the United States or in any jurisdiction outside India. Further, it does not constitute a recommendation by the Company or any other party to sell or buy securities in the Company in the United States or in any jurisdiction outside India.

Please note that forms downloaded and used for subscription to the Issue in contravention of the above will be rejected with no recourse to IIFL Securities Limited, the issuer, or any of their respective affiliates.

If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.