Sundrex Oil Company Limited IPO

Sundrex Oil Company Limited IPO

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹81 - ₹86

Total Issue

₹32.25 Cr

Bid Dates

22 Dec - 24 Dec

Subscription

1.59x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Sundrex Oil IPO
Category Lots Shares Amount
Individual (Min) 2 3,200 ₹2,75,200
Individual (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
Market Maker
1,88,800 EQ. Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹32.25 Cr
Fresh Issue
₹32.25 Cr (0.38 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹86
Est. Gain 0.00%

Sundrex Oil IPO Peer Comparison

(Rs. in crores)

Sundrex Oil IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Sundrex Oil IPO
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

KPIs

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.

Shareholding

Promoter

100.00%

Public

0.00%

Mahesh Sonthalia 85.00%
Shashank Sonthalia 6.43%
Others 8.57%

Management

Mahesh Sonthalia Chairman & MD
Shashank Sonthalia CEO
Aman Sonthalia CFO

Registrar & Lead Managers

Registrar

Cameo Corporate Services

Cameo Corporate Services

Lead Managers (1)

Affinity Global Affinity Global

Subscription Status

Updated as on 24-Dec-2025 19:00:43 hrs

Category Sub (x) Offered Bids
QIB 1.00x 75,200 75,200
NII 1.01x 13,96,800 14,11,200
bHNI 0.97x 9,31,200 8,99,200
sHNI 1.10x 4,65,600 5,12,000
Individual Investor 1.90x 20,89,600 39,71,200
Total 1.53x 35,61,600 54,57,600

Data is sourced from NSE & BSE and may change. Information is provided on an “AS IS” and “AS AVAILABLE” basis without warranties.

Frequently Asked Questions

What is Sundrex Oil IPO?
Sundrex Oil IPO is a SME IPO having an issue size of ₹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.
When will Sundrex Oil IPO open?
Sundrex Oil IPO opens on 22 Dec 25 and closes on 24 Dec 25.
What is the GMP of Sundrex Oil IPO?
The estimated Grey Market Premium of Sundrex Oil IPO is ₹0 per share (0.00%).
What is the lot size of Sundrex Oil IPO?
The minimum lot size of Sundrex Oil IPO is 1600 shares & the minimum application amount is Rs. 137600.
When is the allotment of Sundrex Oil IPO?
The allotment date of Sundrex Oil IPO is 26 Dec 25.
What is the listing date of Sundrex Oil IPO?
The listing date of Sundrex Oil IPO is 30 Dec 25.
What is the subscription of Sundrex Oil IPO?
Sundrex Oil IPO is subscribed 1.59 times.
What is the price band of Sundrex Oil IPO?
Sundrex Oil IPO is priced at ₹81 - ₹86 per share.
How to check allotment status of Sundrex Oil IPO?
Click the allotment link on Sundrex Oil IPO page of IPO360.
How to apply Sundrex Oil IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Sundrex Oil IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Sundrex Oil IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Sundrex Oil IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date