Oswal Pumps is launching an IPO to raise funds for debt repayment and capital expenditure, while promoter stake will decrease. The company’s revenue has grown, largely driven by government contracts under the PM-Kusum Scheme. However, increased collection time and working capital needs, along with reliance on a single scheme, suggest investors should monitor performance post-listing despite attractive valuation.
“Heads I win, tails you lose”: Rich Dad Poor Dad author Robert Kiyosaki warns on global banking, advocates gold, silver, Bitcoin
Robert Kiyosaki, author of ‘Rich Dad Poor Dad’, criticized the global financial system as a ‘Heads I win, tails you lose’ game controlled by bankers.
December 13, 2025