Sundrex Oil Company Limited is engaged in manufacturing and wholesaling of industrial and automotive lubricants, greases and specialty oils. The company operates on a B2B model and also provides contract manufacturing, toll blending, packaging and private labelling services.
Sundrex Oil IPO
SME IPO | NSE SME
Bookbuilding IPO
IPO Dates
22 – 24 Dec 2025
Listing Date
30 Dec 2025 (Tentative)
Price Band
₹81 – ₹86
Lot Size
1,600 Shares
Issue Size
₹32.25 Crore
Market Cap
₹115.20 Cr (Pre-IPO)
Sundrex Oil IPO Details
| Issue Type | Bookbuilding IPO |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 37,50,400 shares (₹32.25 Cr) |
| Fresh Issue | 37,50,400 shares |
| Listing At | NSE SME |
| Lead Manager | Affinity Global Capital Market Pvt. Ltd. |
| Registrar | Cameo Corporate Services Ltd. |
| Market Maker | Sunflower Broking Pvt. Ltd. |
IPO Timeline
| IPO Open | Mon, 22 Dec 2025 |
|---|---|
| IPO Close | Wed, 24 Dec 2025 |
| Allotment | Fri, 26 Dec 2025 |
| Refunds | Mon, 29 Dec 2025 |
| Demat Credit | Mon, 29 Dec 2025 |
| Listing | Tue, 30 Dec 2025 |
| UPI Cut-off | 5 PM on 24 Dec 2025 |
Sundrex Oil IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,75,200 |
| S-HNI (Min) | 3 | 4,800 | ₹4,12,800 |
| B-HNI (Min) | 8 | 12,800 | ₹11,00,800 |
Company Financials (₹ Crore)
| Period | FY25 | FY24 | FY23 |
|---|---|---|---|
| Total Income | 69.12 | 49.19 | 27.79 |
| PAT | 5.44 | 2.57 | 0.40 |
| EBITDA | 9.19 | 5.13 | 1.99 |
| Net Worth | 15.28 | 3.96 | 1.39 |
Key Performance Indicators
| ROE | 35.63% |
|---|---|
| ROCE | 27.03% |
| Debt / Equity | 1.14 |
| PAT Margin | 8.10% |
| EBITDA Margin | 13.68% |
| Pre IPO P/E | 10.69x |
About Sundrex Oil Co. Ltd.
Sundrex Oil Company Limited is engaged in manufacturing and wholesaling of industrial and automotive lubricants, greases and specialty oils. The company operates on a B2B model and also provides contract manufacturing, toll blending, packaging and private labelling services.
Objects of the Issue
- Meeting working capital requirements
- Capital expenditure
- Repayment / prepayment of borrowings
- General corporate purposes and issue expenses
For complete details, refer to the RHP.