Sundrex Oil Company IPO
IPO Listing Details
- Listing Date
30 Dec 2025
- Listing Price
₹ 68.80
- Listing Change
-20.00%
- Last Traded Price
₹ 31.75
Sundrex Oil Company IPO Details
-
Open Date
22 Dec 2025
-
Close Date
24 Dec 2025
-
Listing Date
30 Dec 2025
- IPO Price Range
₹ 81 to ₹86
- IPO Size
₹ 32.25 Cr
- Listing Exchange
NSE SME
Sundrex Oil Company IPO Timeline
Sundrex Oil Company IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 22-Dec-2025 | 0.00 | 0.66 | 0.98 | 0.84 |
| 23-Dec-2025 | 1.00 | 0.73 | 1.45 | 1.15 |
| 24-Dec-2025 | 1.00 | 1.01 | 1.90 | 1.53 |
Last Updated: 24 December 2025 7:24 PM by 5paisa
Sundrex Oil Company Limited, founded in 2010 and based in Kolkata, is an ISO-certified manufacturer and wholesaler of high-performance industrial and automotive lubricants and related fluids. The company’s product range includes industrial oils, greases, gear and transmission oils, hydraulic and engine oils, transformer and specialty fluids tailored for diverse sectors like automotive, power, steel and infrastructure. Sundrex also offers contract manufacturing, blending and packaging services under its own and private-label brands, serving customers across India and neighbouring countries with quality-focused lubricant solutions.
Established in: 2010
Managing Director: Mahesh Sonthalia
Sundrex Oil Company Objectives
1. To meet working capital Expenses (₹20.87 Cr)
2. To meet Capital Expenditure (₹0.73 Cr)
3. Prepayment and repayment of all or a portion of certain secured and unsecured loan (₹2.58 Cr)
4. General Corporate Purposes
5. To meet the offer related expenses
Sundrex Oil IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹32.25 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹32.25 Cr |
Sundrex Oil IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 2,59,200 |
| Retail (Max) | 2 | 3,200 | 2,75,200 |
| S-HNI (Min) | 3 | 4,800 | 3,88,800 |
| S-HNI (MAX) | 8 | 11,200 | 9,63,200 |
| B-HNI (Min) | 9 | 12,800 | 11,00,800 |
Sundrex Oil IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.00 | 75,200 | 75,200 | 0.647 |
| Non-Institutional Buyers | 1.01 | 13,96,800 | 14,11,200 | 12.136 |
| bNII (bids above ₹10L) | 0.97 | 9,31,200 | 8,99,200 | 7.733 |
| sNII (bids below ₹10L) | 1.10 | 4,65,600 | 5,12,000 | 4.403 |
| Individual Investors (IND category bidding for 2 Lots) | 1.90 | 20,89,600 | 39,71,200 | 34.152 |
| Total** | 1.53 | 35,61,600 | 54,57,600 | 46.935 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 27.49 | 48.31 | 67.20 |
| EBITDA | 1.57 | 4.14 | 7.05 |
| PAT | 0.40 | 2.56 | 5.44 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 14.93 | 24.15 | 38.43 |
| Share Capital | 0.98 | 0.98 | 9.64 |
| Total Liabilities | 14.93 | 24.15 | 38.43 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | -2.41 | 0.11 | -0.78 |
| Net Cash Generated From / (used in) Investing Activities | 0.59 | -3.28 | -4.16 |
| Net Cash Generated From / (used in) Financing Activities | 2.02 | 2.97 | 8.07 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 0.20 | -0.19 | 3.13 |
Strengths
1. Diversified portfolio of industrial and automotive lubricants across multiple applications
2. In-house blending and manufacturing capabilities supporting quality control
3. Established distribution network serving industrial and institutional customers
4. Experience in contract manufacturing and private-label production
Weaknesses
1. Revenue concentration largely within the domestic market
2. Dependence on key raw materials linked to crude oil price volatility
3. Limited brand visibility compared to large lubricant majors
4. Working capital–intensive business model
Opportunities
1. Rising demand for industrial lubricants from infrastructure and manufacturing sectors
2. Scope to expand private-label and contract manufacturing relationships
3. Potential to widen product mix into higher-margin specialty oils
4. Export opportunities in nearby and emerging markets
Threats
1. Intense competition from established national and global lubricant players
2. Fluctuations in base oil and additive prices impacting margins
3. Regulatory and environmental compliance risks
4. Pricing pressure from unorganised and low-cost competitors
1. Exposure to a growing industrial and automotive lubricant market in India and abroad.
2. Established manufacturing, blending and quality testing capabilities.
3. Diversified product portfolio across critical sectors like power, steel and infrastructure.
4. Potential to expand market reach and export opportunities.
Sundrex Oil operates in the industrial and automotive lubricants sector, producing high-performance oils, greases, specialty fluids and related products, with contract manufacturing and private-label services enhancing market reach. Its business is positioned to benefit from growing industrial activity and infrastructure development in India, supported by established B2B relationships and manufacturing capabilities. With an expanding product portfolio and presence in both domestic and neighbouring markets, the company aims to leverage industry demand and operational strengths to drive future growth.
Open Free Demat Account
Be a part of 5paisa community - The first listed discount broker of India.
By proceeding, you agree to all T&C*
FAQs
Sundrex Oil IPO opens from December 22, 2025 to December 24, 2025.
The size of Sundrex Oil IPO is ₹32.25 Cr.
To apply for Sundrex Oil IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Sundrex Oil IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Sundrex Oil IPO is 3,200 shares and the investment required is ₹2,75,200.
The share allotment date of Sundrex Oil IPO is December 26, 2025
The Sundrex Oil IPO will likely be listed on December 30, 2025.
Affinity Global Capital Market Private Limited is the book running lead manager for Sundrex Oil IPO.
Sundrex Oil IPO plans to utilise the raised capital from the IPO for:
1. To meet working capital Expenses (₹20.87 Cr)
2. To meet Capital Expenditure (₹0.73 Cr)
3. Prepayment and repayment of all or a portion of certain secured and unsecured loan (₹2.58 Cr)
4. General Corporate Purposes
5. To meet the offer related expenses