Sundrex Oil IPO Details
The key details of Sundrex Oil Co.’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹32.25 Cr |
| Price Range | ₹81 - ₹86 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 3,200 |
| Investment (cut-off price) | ₹2,75,200 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Sundrex Oil IPO Timelines
The IPO process for Sundrex Oil Co. includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
22/12/2025
Start Date24/12/2025
End Date29/12/2025
Refund Initiation29/12/2025
Credit of Shares to Demat Ac30/12/2025
Listing DateSundrex Oil IPO Lot Size
The Sundrex Oil IPO has a fixed lot size of 1,600 shares, at an upper price band of ₹86 per share. For retail investors, the minimum and maximum application is 3,200 shares (2 lots) amounting to ₹2,75,200. For Small HNI (S-HNI) investors, the minimum application is 4,800 shares (3 lots) worth ₹4,12,800, while the maximum is 11,200 shares (7 lots) amounting to ₹9,63,200. Big HNI (B-HNI) investors need to apply for at least 12,800 shares (8 lots), totaling ₹11,00,800.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3200 | ₹2,75,200 |
| Retail Maximum | 2 | 3200 | ₹2,75,200 |
| S-HNI Minimum | 3 | 4800 | ₹4,12,800 |
| S-HNI Maximum | 7 | 11200 | ₹9,63,200 |
| B-HNI Minimum | 8 | 12800 | ₹11,00,800 |
Sundrex Oil IPO Subscription Status
The subscription status for Sundrex Oil Co. IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 1.00x | 1.01x | 1.90x | -- | 1.53x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Sundrex Oil IPO Company Financials
Sundrex Oil Co. reports robust performance in FY2026 June with Total Income of ₹19.18 crores, managing expenses at ₹16.61 crores, and achieving a strong PAT (Profit After Tax) of ₹1.94 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹27.79 | ₹27.24 | ₹0.40 |
| FY 2024 | ₹49.19 | ₹45.74 | ₹2.57 |
| FY 2025 | ₹69.12 | ₹62.07 | ₹5.44 |
| FY 2026 (3 M) | ₹19.18 | ₹16.61 | ₹1.94 |
About Company
Incorporated in 2010, Sundrex Oil Company Limited is a manufacturer and wholesaler of high performance industrial and automotive lubricants, greases, and specialty products. The company serves customers across India and neighboring countries, offering products under its own brand as well as providing contract manufacturing solutions such as toll blending and contract packaging.
Its product portfolio includes industrial lubricants, automotive lubricants, and specialty oils such as hydraulic oil, gear oil, multigrade and monograde diesel engine oil, transformer oil, rust preventive oil, and refrigeration oil. The company also offers labeling services that enable businesses to market products under their own brand. As of June 30, 2025, Sundrex Oil Company Limited employed 73 people across various departments.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2010 | Chemicals | Mahesh Sonthalia |
Know Before Investing
Sundrex Oil IPO Strengths
- Sundrex manufactures high‑performance industrial and automotive lubricants, greases, white oils, liquid paraffin and specialty oils across 62 product categories and over 500 products, reducing single‑product risk.
- The company sells largely under its own brand through a direct sales model focused on industrial customers and PSUs, benefiting from long-standing relationships and repeat orders.
- Sundrex serves industries in India and neighbouring countries, providing some geographic diversification beyond the domestic market.
- Increasing industrial output, infrastructure spending, automotive demand and gradual shift towards higher‑quality lubricants support medium‑term demand for Sundrex’s products.
Sundrex Oil IPO Risks
- Despite profits, recent years show negative operating cash flows in multiple periods, highlighting cash conversion challenges in a working‑capital heavy business.
- Base oils and additives are crude‑linked; sharp input price swings can squeeze margins if the company cannot pass on costs quickly to customers.
- A significant portion of revenue comes from certain regions and PSU/industrial clients; any loss of key customers or regional slowdown could materially impact performance.
- Sundrex faces competition from large branded MNCs and PSUs as well as numerous regional players, which can pressure pricing and market share.
- Growth depends on winning and retaining PSU and large industrial contracts; any policy change, delayed tendering or payment delays pose risks to revenue visibility.
Swot Analysis for Sundrex Oil IPO
Strengths
Diversified Lubricant Portfolio, Value-Added Services, Strong Financial Performance
Weaknesses
Customer Concentration, Geographic Concentration, Working Capital Sensitivity
Opportunities
Industrial Growth Tailwinds, Export Market Scaling, Product Innovation
Threats
Raw Material Price Volatility, Regulatory & Environmental Risks, FX & Export Risks
Company Details
Sundrex Oil Co. Ltd.
16 India Exchange Place, 3rd Floor, Room No.- 14 Kolkata, West Bengal, 700001
Phone: +91 8335073185
Email: cs@sundrex.co
Website: http://www.sundrex.com/
IPO Registar Details
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
FAQs
The key objectives of Sundrex Oil SME IPO are:
- To meet working capital Expenses
- To meet Capital Expenditure
- General Corporate Purposes
- To meet the offer related expenses
- Prepayment and repayment of all or a portion of certain secured and unsecured loan
Affinity Global Capital Market Pvt. Ltd. is the book-running lead managers for the Sundrex Oil IPO.
Sundrex Oil IPO offers steady growth potential supported by rising industrial activity and vehicle parc expansion driving lubricant demand. Its diversified portfolio across industrial oils, white oils, and PSU focused sales, including 516 GeM listed products, provides revenue stability and scope for scalable B2B expansion.
The issue price for the Sundrex Oil IPO is set between ₹81 to ₹86 per share.
To invest in two lot of Sundrex Oil IPO, you need ₹2,59,200 at the lower price band (₹81 per share) or ₹2,75,200 at the upper price band (₹86 per share) for a lot size of 3200 shares.
Sundrex Oil IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on December 30, 2025.
Refund/unblocking of funds for Sundrex Oil IPO will begin on December 29, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Sundrex Oil IPO shares on listing day (December 30, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.