Sundrex Oil Company Limited IPO
Price Band
₹81 - ₹86
Total Issue
₹32 Cr
Bid Dates
22 Dec - 24 Dec
Subscription
1.59x
Est. GMP
₹0 (0.00%)
Valuation
Market Cap
₹115.20 Cr
P/E Ratio
10.59x
P/B Ratio
5.43x
Sundrex Oil IPO Dates
Conflicting IPOs
IPOs with overlapping timeline
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.
Sundrex Oil IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Ind (Min) | 2 | 3,200 | ₹2,75,200 |
| Ind (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 |
Sundrex Oil IPO Size
Objects of Issue
- 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 IPO Live Subscription
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.
Sundrex Oil IPO IPO Details Live GMP
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 29 Dec | ₹0 (0%) | ₹86 |
| 28 Dec | ₹0 (0%) | ₹86 |
| 27 Dec | ₹0 (0%) | ₹86 |
| 26 Dec | ₹0 (0%) | ₹86 |
| 25 Dec | ₹0 (0%) | ₹86 |
| 24 Dec | ₹0 (0%) | ₹86 |
| 23 Dec | ₹0 (0%) | ₹86 |
| 22 Dec | ₹3 (3.5%) | ₹89 |
| 21 Dec | ₹17 (19.8%) | ₹103 |
| 20 Dec | ₹0 (0%) | ₹86 |
| 19 Dec | ₹0 (0%) | ₹86 |
| 18 Dec | ₹0 (0%) | ₹86 |
Sundrex Oil IPO Peer Comparison
(Rs. in crores)
| 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 IPO Financial Performance
(Rs. in crores)
| 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 |
Key Performance Indicators (KPIs)
EBITDA
10.49%
PAT
8.10%
ROE
35.63%
ROCE
27.03%
Debt to Equity
1.14
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Holding
Promoter
100.00%
Public
0.00%
Management
Registrar & Lead Managers
Registrar
Cameo Corporate Services
Lead Managers (1)
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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| TeamTech Formwork IPO | 26 May |
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Recently Closed IPOs
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|---|---|
| NFP Sampoorna IPO | 25 May |
| Goldline Pharma IPO | 19 May |
| RFBL Flexi Pack IPO | 19 May |
Upcoming IPOs
| IPO Name | Listing Date |
|---|---|
| M R Maniveni IPO | 01 Jun |
| Yaashvi Jewellers IPO | 02 Jun |
| SMR Jewels IPO | 03 Jun |
Frequently Asked Questions (FAQs)
What is Sundrex Oil IPO?
When will Sundrex Oil IPO open?
What is the GMP of Sundrex Oil IPO?
What is the lot size of Sundrex Oil IPO?
When is the allotment of Sundrex Oil IPO?
What is the listing date of Sundrex Oil IPO?
What is the subscription of Sundrex Oil IPO?
What is the price band of Sundrex Oil IPO?
How to check allotment status of Sundrex Oil IPO?
How to apply Sundrex Oil IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Sundrex Oil IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Sundrex Oil IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Sundrex Oil IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date