Sundrex Oil IPO
Sundrex Oil IPO
Overview
Sundrex Oil IPO is a book build issue of ₹32.25 crores. The issue is entirely a fresh issue of 0.38 crore shares of ₹32.25 crore. Sundrex Oil IPO opens for subscription on Dec 22, 2025 and closes on Dec 24, 2025. The allotment for the Sundrex Oil IPO is expected to be finalized on Dec 26, 2025. Sundrex Oil IPO will list on NSE SME with a tentative listing date fixed as Dec 30, 2025. Sundrex Oil IPO price band is set at ₹81.00 to ₹86.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,75,200.00 (3,200 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (4,800 shares), amounting to ₹4,12,800.
Total Shares
37,50,400
Issue Size
₹32.25 Cr
Price Band
₹81 – ₹86
Lot Size
1600 shares
Min. Investment
₹2,75,200
Max. Investment
₹2,75,200
Open Date
22 Dec, 2025
Close Date
24 Dec, 2025
Allotment
26 Dec, 2025
Listing
30 Dec, 2025
Max. Investment
₹2,75,200
Announced
22 Dec, 2025
Opening Date
22 Dec, 2025
Closing Date
24 Dec, 2025
Basis of Allotment
26 Dec, 2025
Initiation of Refunds
29 Dec, 2025
Credit of Shares
29 Dec, 2025
Listing Date
30 Dec, 2025
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About Sundrex Oil IPO
Incorporated in 2010, Sundrex Oil Company Limited is a manufacturer and wholesaler of high-performance industrial and automotive lubricants, greases, and specialty products serving industries in India and neighboring countries.
The company's product portfolio includes industrial lubricants, automotive lubricants, and specialty products.
The company makes products under its brand and provides contract manufacturing services. These services include toll blending and contract packagi
Sundrex Oil IPO Share Price
Issue Breakdown
Shareholding
Dilution: 38.9% increase in shares
Sundrex Oil IPO Financial Health
Sundrex Oil Co.Ltd.'s revenue increased by 41% and profit after tax (PAT) rose by 112% between the financial year ending with March 31, 2025 and March 31, 2024.
Sundrex Oil IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3200 | ₹2,75,200 |
| Individual investors (Retail) (Max) | 2 | 3200 | ₹2,75,200 |
| S-HNI (Min) | 3 | 4800 | ₹4,12,800 |
| S-HNI (Max) | 7 | 11200 | ₹9,63,200 |
| B-HNI (Min) | 8 | 12800 | ₹11,00,800 |
(All values in CR)
Sundrex Oil IPO Valuations
KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 35.63 |
| ROCE | 27.03 |
| Debt/Equity | 1.14 |
| RoNW | 35.63 |
| PAT Margin | 8.10 |
| EBITDA Margin | 13.68 |
| Price to Book Value | 5.43 |
(All values in CR)
Sundrex Oil IPO Strength & Risk
Sundrex Oil IPO Strength:
Operates in the industrial and automotive lubricants segment with a diversified product portfolio
Established manufacturing and wholesale presence with focus on quality and performance
Experienced promoter and management team with industry expertise
Serving both industrial and automotive customers helps diversify revenue streams
Additional income through contract manufacturing and toll blending services
Strong emphasis on quality standards and certifications builds customer confidence
SME listing provides visibility and access to capital for future growth
Sundrex Oil IPO Risk:
SME-listed stocks may face higher volatility and lower liquidity after listing
Business performance is linked to industrial and automotive demand cycles
Highly competitive lubricants market with pressure from larger established brands
Dependence on specific regions or product segments may increase business risk
Continuous working capital and capital expenditure requirements
Limited public market track record may affect long-term investor confidence
Profit margins may remain under pressure due to raw material cost fluctuations
Sundrex Oil IPO Subscriptions Status
Sundrex Oil IPO subscribed 1.53 times. The public issue subscribed 1.89 times in the individual investors category, 1.00 times in QIB (Ex Anchor), and 1.01 times in the NII category by December 24, 2025 3:54:12 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Market Maker | 1.00 | 1,88,800 | 1,88,800 | 1.624 |
| QIB (Ex Anchor) | 1.00 | 75,200 | 75,200 | 0.647 |
| Non-Institutional Buyers | 1.01 | 13,96,800 | 14,11,200 | 12.136 |
| bNII (bids above ₹10L) | 0.97 | 9,31,200 | 8,99,200 | 7.733 |
| sNII (bids below ₹10L) | 1.10 | 4,65,600 | 5,12,000 | 4.403 |
| Individual Investors | 1.89 | 20,89,600 | 39,52,000 | 33.987 |
| Total | 1.53 | 35,61,600 | 54,38,400 | 46.77 |
Sundrex Oil IPO GMP
Sundrex Oil SME IPO last GMP is ₹0, last updated Dec 24th 2025 02:55 PM. With the price band of 86.00, Sundrex Oil SME IPO's estimated listing price is ₹86 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 24 Dec, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 24 Dec, 2025 | 86 | ₹0 | - | ₹86 (0.00%) | - | 24 Dec, 2025 |
| 23 Dec, 2025 | 86 | ₹0▼ | - | ₹86 (0.00%) | - | 23 Dec, 2025 |
| 22 Dec, 2025 | 86 | ₹3▼ | 3600 | ₹89 (3.49%) | 4800 | 22 Dec, 2025 |
| 21 Dec, 2025 | 86 | ₹17▲ | 20700 | ₹103 (19.77%) | 27200 | 21 Dec, 2025 |
| 20 Dec, 2025 | 86 | ₹0 | - | ₹86 (0.00%) | - | 20 Dec, 2025 |
| 19 Dec, 2025 | 86 | ₹0 | - | ₹86 (0.00%) | - | 19 Dec, 2025 |
| 18 Dec, 2025 | 86 | ₹0 | - | ₹86 (0.00%) | - | 18 Dec, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Sundrex Oil IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Sundrex Oil IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.