Sundrex Oil IPO
GMP, Subscription, Price, Dates & Financial Details
Edible Oil
Sundrex Oil Company Limited, incorporated in 2010, is a manufacturer and wholesaler of high-performance industrial and automotive lubricants, greases, and specialty products. The company serves a wide range of industries across India and neighboring countries.Sundrex Oil offers an extensive product…
Open Date
Mon, 22 Dec 2025
Close Date
Wed, 24 Dec 2025
Price Band
₹ 81 – 86
Lot Size
1600
Issue Size
₹ 32.25 Cr
Minimum Investment
₹ 275,200 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Sundrex Oil IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹32.25 Crore.
The Sundrex Oil IPO remained open for subscription from December 22, 2025, to December 24, 2025. The basis of allotment was finalized on December 26, 2025, and the company's shares were listed on NSE SME Platform on December 30, 2025.
The company had fixed the price band at ₹81 to ₹86 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹275,200 (based on the upper price band) to apply for one lot.
Cameo Corporate Services Limited served as the registrar to the issue. Affinity Global Capital Market Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Sundrex Oil Company Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Sundrex Oil IPO Timeline (Tentative)
- IPO Open Date
- Mon, 22 Dec 25
- IPO Close Date
- Wed, 24 Dec 25
- Basis of Allotment
- Fri, 26 Dec 25
- Initiation of Refunds
- Mon, 29 Dec 25
- Credit of Shares to Demat
- Mon, 29 Dec 25
- Listing Date
- Tue, 30 Dec 25 — NSE & BSE
Open Date
22 December 2025
Close Date
24 December 2025
Basis Of Allotment
26 December 2025
Listing Date
30 December 2025
IPO Subscription
Check Live Subscription →The Sundrex Oil IPO has received bids for 56,46,400 shares against 35,61,600 shares offered, resulting in an overall subscription of 1.59x. the NII category is subscribed 1.15x, Retail Investors 1.9x, and QIBs 1x. Within the NII category, BNII is subscribed 1.17x, while SNII is subscribed 1.1x.
QIB
1x
NII
1.15x
BNII
1.17x
SNII
1.1x
RII
1.9x
Total
1.59x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 20,89,600 shares, representing 58.67% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 75,200 shares (2.11%), while Non-Institutional Investors (NIIs) receive 13,96,800 shares (39.22%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 75,200 | 2.11% |
| Non-Institutional | 1,396,800 | 39.22% |
| BNII | 931,200 | 26.15% |
| SNII | 465,600 | 13.07% |
| Retail Investors | 2,089,600 | 58.67% |
| Total | 3,561,600 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 40.21 | 38.43 | 24.15 | 14.93 |
| Revenue | 19.18 | 69.12 | 49.19 | 27.79 |
| Profit After Tax | 1.94 | 5.44 | 2.57 | 0.4 |
| Net Worth | 17.22 | 15.28 | 3.96 | 1.39 |
| Reserve & Surplus | 7.57 | 5.63 | 2.97 | 0.41 |
| Total Borrowings | 17.13 | 17.38 | 13.63 | 9.8 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Sundrex Oil Company Limited KPI Information
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 35.63 | 64.83 | 28.68 |
| ROCE % | 27.03 | 27.91 | 13.28 |
| Debt / Equity | 1.14 | 3.43 | 7.04 |
| RoNW % | 35.63 | 64.83 | 28.68 |
| Pat Margin % | 8.1 | 5.31 | 1.45 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Sundrex Oil Company Ltd | 10 | 0.00 | 8.04 | 8.04 | 45.08 | 17.86 |
| Arabian Petroleum Ltd | 10 | 8.12 | 9.06 | 9.06 | 15.68 | 53.43 |
About Sundrex Oil Company Limited
Sundrex Oil Company Limited, incorporated in 2010, is a manufacturer and wholesaler of high-performance industrial and automotive lubricants, greases, and specialty products. The company serves a wide range of industries across India and neighboring countries.
Sundrex Oil offers an extensive product portfolio covering industrial lubricants, automotive lubricants, and specialty oils, catering to diverse operational and performance requirements. In addition to manufacturing products under its own brand, the company also provides contract manufacturing solutions, including toll blending and contract packaging services.
The company further offers private labeling services, enabling businesses to market and distribute high-quality lubricant products under their own brand names.
Product Portfolio includes:
- Hydraulic Oil
- Gear Oil
- Multigrade and Monograde Diesel Engine Oil
- Transformer Oil
- Rust Preventive Oil
- Refrigeration Oil
As of June 30, 2025, Sundrex Oil Company Limited employed 73 professionals across various departments, supporting its manufacturing operations, quality control, sales, and administrative functions.
Sundrex Oil IPO Promoters
- Mr. Mahesh Sonthalia
- Mr. Shashank Sonthalia
- Mr. Aman Sonthalia
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Sundrex Oil IPO Objective
The Company Sundrex Oil Company IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- To meet working capital Expenses
- To meet Capital Expenditure
- Prepayment and repayment of all or a portion of certain secured and unsecured loan
- To meet the offer related expenses
- General Corporate Purposes
Sundrex Oil Company Limited Address / Contact Details
Sundrex Oil Co.Ltd.
16 India Exchange Place
3rd Floor,Room No.- 14
Kolkata, West Bengal, 700001
Phone: +91 8335073185
Email: cs@sundrex.co
Website: http://www.sundrex.com/
IPO Snapshot
Sundrex Oil IPO Lot Size
The Sundrex Oil IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,75,200 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,75,200.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 275,200.00 |
| Retail (Max) | 2 | 3,200 | 275,200.00 |
| S-HNI (Min) | 3 | 4,800 | 412,800.00 |
| S-HNI (Max) | 7 | 11,200 | 963,200.00 |
| B-HNI (Min) | 8 | 12,800 | 1,100,800.00 |
Issue Reservation
- QIB — 2.11%
- NII — 39.22%
- RII — 58.67%
Book Running Lead Managers
- Affinity Global Capital Market Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Sundrex Oil IPO?
Sundrex Oil IPO is a Book-building IPO with a total issue size of ₹32.25 crore. The Sundrex Oil IPO price band is ₹81 to 86 per share. The Sundrex Oil IPO subscription opens on Mon, Dec 22, 2025, and closes on Wed, Dec 24, 2025. The Sundrex Oil IPO will be listed on the NSE. Cameo Corporate Services Limited is the registrar for the Sundrex Oil IPO.
When will the Sundrex Oil IPO open for subscription?
The Sundrex Oil IPO opens on Mon, Dec 22, 2025 and closes on Wed, Dec 24, 2025
What is Sundrex Oil IPO Price Band?
Sundrex Oil IPO Price Band is ₹81 to 86 per share.
What is Sundrex Oil IPO Lot Size?
Sundrex Oil IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹275200 based on the upper price band
What is the minimum investment for Sundrex Oil IPO?
The minimum investment for Sundrex Oil IPO is ₹275200, based on one lot of 1600 shares at the upper price band of ₹86 per share.
How to apply for Sundrex Oil IPO?
Investors can apply for the Sundrex Oil IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Dec 24, 2025. The application amount remains blocked until the Sundrex Oil IPO allotment is finalized.
What is Sundrex Oil IPO Issue Size?
Sundrex Oil IPO issue size is ₹32.25 crores.
What is the Sundrex Oil IPO Allotment Date?
Sundrex Oil IPO allotment date is Fri, Dec 26, 2025.
Who is the Sundrex Oil IPO Registrar?
The registrar for Sundrex Oil IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check Sundrex Oil IPO allotment status, refund processing, and other IPO-related information.
Who is the Sundrex Oil IPO Lead Manager?
The book-running lead managers (BRLMs) for the Sundrex Oil IPO are Affinity Global Capital Market Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Sundrex Oil IPO Red Herring Prospectus (RHP).