Sundrex Oil Co. Limited Link 
Allotment
The Sundrex Oil IPO will open for subscription on December 22, 2025, and will close on December 24, 2025. This IPO is a book-built issue through which the company aims to raise approximately ₹32.25 crore. The issue consists entirely of a fresh issue of 0.38 crore equity shares with a face value of ₹10 each. There is no offer for sale component.
The price band for the Sundrex Oil IPO is fixed at ₹81 to ₹86 per share. The issue allocation is divided as 50% for QIBs, 35% for retail investors, and 15% for HNIs.
The basis of allotment is expected to be finalized on December 26, 2025, and the shares are scheduled to be listed on the NSE SME platform on December 30, 2025.
For investors, the lot size is 1,600 shares. Retail investors must apply for a minimum of 2 lots (3,200 shares), requiring an investment of ₹2,75,200 at the upper price band. The minimum application for HNI investors is 3 lots (4,800 shares), amounting to ₹4,12,800.
On the financial front, Sundrex Oil reported revenue of ₹69.12 crore in FY2025, compared to ₹49.19 crore in FY2024. The company’s net profit increased to ₹5.44 crore in FY2025 from ₹2.57 crore in FY2024, reflecting strong growth. Based on its financial performance, the IPO may be considered suitable for long-term investors.
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Total Traded Value
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52 Weeks High
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52 Weeks Low
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Updates On
Dec 20, 2025
IPO. Open
Dec 22, 2026
IPO. Close
Dec 24, 2026
IPO. Price
₹86.00
IPO Market price
₹115.20 Cr
IPO Details
| IPO Date | 30 Dec |
| IPO Listing Date | 30 Dec |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹86.00 |
| IPO Issue Size | 37,50,400 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Book Building IPO |
| IPO Listing | NSE SME Platform |
| hare Holding Pre Issue | 96,44,752 shares |
IPO Timeline
| IPO Open Date | 22 Dec |
| IPO Close Date | 24 Dec |
| IPO Allotment (Tentative) | 26 Dec |
| Refunds | 29 Dec |
| Credit to Demat Account | 29 Dec |
| IPO Listing Date | 30 Dec |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 75,200 Shares |
| NII (HNI) Shares Offered | 13,96,800 Shares |
| Retail Shares Offered | 20,89,600 Shares |
IPO Lot Size
Investors can bid for a minimum of 3,200 shares, with additional shares in multiples of 1,600.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,75,200 |
| Retail (Max) | 2 | 3,200 | ₹2,75,200 |
| S-HNI (Min) | 3 | 4,800 | ₹4,12,800 |
| S-HNI (Max) | 7 | 11,200 | ₹9,63,200 |
| B-HNI (Min) | 8 | 12,800 | ₹11,00,800 |
Incorporated in 2010, Sundrex Oil Company Limited is engaged in the manufacturing and wholesale distribution of high-performance industrial and automotive lubricants, greases, and specialty products. The company caters to a wide range of industries across India and neighboring countries.
Sundrex Oil offers a diversified product range covering industrial lubricants, automotive lubricants, and specialty products. In addition to marketing products under its own brand, the company also provides contract manufacturing services, including toll blending and contract packaging.
The company further supports its clients through private labeling services, enabling businesses to market and sell premium lubricant products under their own brand names.
Product Portfolio
* Hydraulic Oil
* Gear Oil
* Multigrade & Monograde Diesel Engine Oil
* Transformer Oil
* Rust Preventive Oil
* Refrigeration Oil
As of June 30, 2025, Sundrex Oil Company employed 73 personnel across various departments, supporting its manufacturing, quality control, sales, and operations.
Competitive Strengths
* In-house manufacturing facilities supported by state-of-the-art quality control systems
* Strategic location advantage enabling efficient distribution
* Direct sales model with a diversified customer base
* Experienced management team and a skilled workforce
* Strong logistical capabilities ensuring timely delivery
* Cost leadership driven by operational efficiencies
* Focus on vertical integration and continuous product line expansion
Company Financials (Consolidated)
| Assets | 40.21 | 38.43 | 24.15 |
| Total Income | 19.18 | 69.12 | 49.19 |
| Profit After Tax | 1.94 | 5.44 | 2.57 |
| EBITDA | 3.11 | 9.19 | 5.13 |
| NET Worth | 17.22 | 15.28 | 3.96 |
| Reserves and Surplus | 7.57 | 5.63 | 2.97 |
| Total Borrowing | 17.13 | 17.38 | 13.63 |
Key Performance Indicator (KPI)
| 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 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 0.73 |
| 2 | To meet out the expenses of Working Capital Requirement | 20.87 |
| 3 | To meet out the General Corporate Purposes; | 4.52 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Sundrex Oil Company Limited.
16 India Exchange Place,
3rd Floor, Room No 14,
Kolkata – 700001, India
Phone: +91 8335073185
Email: cs@sundrex.co
Website: http://www.sundrex.com/
Detail Registrar
IPO Registrar
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
Sundrex Oil IPO is a 100% book-built issue aiming to raise approximately ₹32.25 crore through a fresh issue, primarily to meet working capital, capital expenditure, loan repayment, and corporate purposes.
The IPO opens on December 22, 2025, and closes on December 24, 2025. Investors can submit their bids online or through brokers within this three-day subscription window.
The price band is fixed at ₹81 to ₹86 per share. Each lot contains 1,600 shares. Retail investors must apply for a minimum of 2 lots, while HNIs have higher minimums.
Retail investors must invest ₹2,75,200 for 2 lots (3,200 shares), whereas HNI investors require a minimum of 3 lots (4,800 shares), with additional multiples allowed per investor category.
Cameo Corporate Services Ltd. is the IPO registrar. Sundrex Oil IPO is managed by the company’s book-built system and will list on NSE SME, with allotment scheduled on December 26, 2025.
The basis of allotment is expected on December 26, 2025. Refunds will start on December 29, and shares are scheduled to list on the NSE SME platform on December 30, 2025.
Sundrex Oil has in-house manufacturing, strategic distribution, diverse product range including lubricants and specialty oils, experienced management, strong logistics, cost efficiency, and focus on vertical integration and product expansion.
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