Sundrex Oil Company Limited IPO
Sundrex oil is engaged in the manufacturing and wholesaling of lubricants, greases, and a broad range of industrial products, catering to both B2B and B2C markets across India. Its revenue profile is predominantly B2B-led, with approximately 99% of total revenue derived from business customers, while the remaining 1% is contributed by the B2C segment. The product portfolio comprises industrial lubricants, automotive lubricants, and specialty formulations, including high-performance lubricants, greases, metalworking fluids, bituminous products, IS:335 certified transformer oils, and other customized solutions. The lubricant business is primarily focused on industrial applications, with key products such as hydraulic oils, transmission oils, and gear oils used extensively in industrial machinery, forming a significant share of overall revenues.
Price Band₹81 - ₹86 |
Dates22 Dec - 24 Dec |
GMP₹0 (0.00%) |
Subscriptions1.59 times |
Issue Size₹32.25 Crs |
Sundrex Oil IPO Key Dates
Opening Date
22 Dec 25
Closing Date
24 Dec 25
Basis Of Allotment
26 Dec 25
Initiations Of Refund
29 Dec 25
Credit Of Shares
29 Dec 25
Listing Date
30 Dec 25
Sundrex Oil IPO Objects
- To meet Working Capital Exp & Capital Expenditure requirements
- Payment of all or a portion of certain secured & unsecured loan
- General Corporate Purposes
- To meet the offer related expenses
Sundrex Oil IPO Details
Price Band₹81 - ₹86 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹32.25 Cr (0.38 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹32.25 Cr (0.38 Cr Shares) |
Face Value₹10 per equity share |
Sundrex Oil IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
3,200
2,75,200
Maximum
2
3,200
2,75,200
|
|||
| Small HNI |
Minimum
3
4,800
4,12,800
Maximum
7
11,200
9,63,200
|
|||
| Big HNI |
Minimum
8
12,800
11,00,800
|
|||
Sundrex Oil IPO Subscription
Updated as on 24-Dec-2025 19:00:43 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 1.00 | 75,200 | 75,200 |
| NII | 1.15 | 13,96,800 | 16,00,000 |
| bNII | 1.17 | 9,31,200 | 10,88,000 |
| sNII | 1.10 | 4,65,600 | 5,12,000 |
| Individual Investor | 1.90 | 20,89,600 | 39,71,200 |
| Total | 1.59 | 35,61,600 | 56,46,400 |
Data is sourced from NSE & BSE and may change. Information is provided on an “AS IS” and “AS AVAILABLE” basis without warranties.
Sundrex Oil IPO GMP
The estimated Grey Market Premium of Sundrex Oil IPO is ₹0 per share (0.00%)
The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 2.11% of Net Offer |
| NII | Not less than 39.22% of Net Offer |
| Retail | Not less than 58.67% of Net Offer |
| Market Maker | 1,88,800 EQ. Shares |
Sundrex Oil IPO Financials
| Particulars | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 18.71 | 67.20 | 48.31 | 27.49 |
| PAT | 1.94 | 5.44 | 2.57 | 0.40 |
| Net Worth | 17.22 | 15.28 | 3.96 | 1.39 |
| Borrowings | 17.13 | 17.38 | 13.63 | 9.80 |
| Assets | 40.21 | 38.43 | 24.15 | 14.93 |
| NAV (₹) | 17.86 | 15.84 | 40.37 | 14.17 |
| EPS (₹) | 2.01 | 8.12 | 6.81 | 1.06 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 10.49% |
| PAT | 8.10% |
| ROE | 35.63% |
| ROCE | 27.03% |
| Debt to Equity | 1.14 |
| PE Ratio | 10.59 |
| PB Ratio | 5.43 |
| Mkt Cap (in Crs.) | 115.20 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Sundrex Oil IPO Peer Comparision
| Particulars | Sundrex Oil | Arabian Petroleum |
|---|---|---|
| Revenue | 67.20 | 285.25 |
| PAT | 5.44 | 9.12 |
| EPS (₹) | 8.04 | 9.06 |
| NAV (₹) | 17.86 | 53.43 |
| RONW | 45.08% | 15.68% |
| EBITDA | 13.68% | 5.85% |
| PAT Mrgn | 8.10% | 3.20% |
| PE Ratio | 10.59 | 8.12 |
| Debt to Equity | 1.14 | 0.48 |
- All information pertains to FY 2024-25.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of September 26,2025. for Peers
Sundrex Oil IPO Peer Comparision
| Particulars | Sundrex Oil |
|---|---|
| Revenue | 67.20 |
| PAT | 5.44 |
| EPS (₹) | 8.04 |
| NAV (₹) | 17.86 |
| RONW | 45.08% |
| EBITDA | 13.68% |
| PAT Mrgn | 8.10% |
| PE Ratio | 10.59 |
| Debt to Equity | 1.14 |
| Arabian Petroleum |
|---|
| 285.25 |
| 9.12 |
| 9.06 |
| 53.43 |
| 15.68% |
| 5.85% |
| 3.20% |
| 8.12 |
| 0.48 |
- All information pertains to FY 2024-25.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of September 26,2025. for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Mahesh Sonthalia | 85.00% |
| Shashank Sonthalia | 6.43% |
| Others | 8.57% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Mahesh Sonthalia | Chairman & MD |
| Shashank Sonthalia | CEO |
| Aman Sonthalia | CFO |
Company Details
Name: Sundrex Oil Company Limited
Address: Registered Office- 16 India Exchange Place, 3rd Floor, Room No.- 14, Kolkata - 700001, India
Number: +91 8335073185
Email: cs@sundrex.co
Website: www.sundrex.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Sundrex Oil IPO is a SME IPO having an issue size of Rs. ₹32.25 Crs. Sundrex Oil IPO is priced at ₹81 - ₹86 per share. The issue opens on 22 Dec 25 and closes on 24 Dec 25.
Sundrex Oil IPO opens on 22 Dec 25 and closes on 24 Dec 25.
The estimated Grey Market Premium of Sundrex Oil IPO is ₹0 per share (0.00%).
The minimum lot size of Sundrex Oil IPO is 1600 shares & the minimum application amount is Rs. 137600.
The allotment date of Sundrex Oil IPO is 26 Dec 25.
The listing date of Sundrex Oil IPO is 30 Dec 25.
Sundrex Oil IPO is subscribed 1.59 times.
Sundrex Oil IPO is priced at ₹81 - ₹86 per share.
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