Sundrex Oil IPO description – Sundrex Oil Company is a prominent manufacturer and wholesaler of lubricants, greases, and a diverse array of industrial products, catering to both B2B and B2C markets throughout India. The company’s product portfolio encompasses industrial lubricants, automotive lubricants, and specialty items. Sundrex specializes in high-performance lubricants, greases, metalworking fluids, bituminous products, IS: 335 certified transformer oils, and various other specialized formulations.
The lubricant division of Sundrex Oil Company is primarily dedicated to the production and sale of a wide range of industrial lubricants, including hydraulic oils, transmission oils, and gear oils. These products are crucial for numerous industrial machinery applications. Their significant contribution to revenue underscores the extensive demand and diverse nature of the offerings.
The company provides contract manufacturing services, which include toll blending and contract packaging. These offerings enable businesses to outsource the production of lubricants and oils customised to their specific formulations. By utilizing these services, companies can eliminate the need for investments in blending facilities, raw materials, and operational overheads. The company also offers private labeling services, allowing businesses to market and sell premium-quality products under their brand name. As of 30 September 2024, Sundrex Oil Company employed approximately 66 individuals across various levels of the organization.
Promoters of Sundrex Oil – Mr. Mahesh Sonthalia, Mr. Aman Sonthalia, and Mr. Shashank Sonthalia
Table of Contents
Sundrex Oil IPO Details
| Sundrex Oil IPO Dates | 22 – 24 December 2025 |
| Sundrex Oil Issue Price | INR 81 – 86 per share |
| Fresh issue | 37,50,400 shares (INR 30.38 – 32.25 crore) |
| Offer For Sale | NIL |
| Total IPO size | 37,50,400 shares (INR 30.38 – 32.25 crore) |
| Minimum bid | 3,200 shares (INR 2,75,200) |
| Lot size | 1,600 shares (INR 1,37,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Sundrex Oil Financial Performance
| FY 2023 | FY 2024 | FY 2025 | Q1 FY 2026 | |
| Revenue | 27.49 | 48.31 | 67.20 | 18.71 |
| Expenses | 27.24 | 45.74 | 62.07 | 16.61 |
| Net income | 0.40 | 2.57 | 5.45 | 1.94 |
Sundrex Oil Offer News
- Sundrex Oil RHP
- Sundrex Oil Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Sundrex Oil Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 1.06 | 6.81 | 8.12 |
| PE ratio | – | – | 9.98 – 10.59 |
| RONW (%) | 28.68 | 64.83 | 35.63 |
| NAV | 14.17 | 40.37 | 15.84 |
| ROCE (%) | 13.28* | 27.91 | 27.03 |
| EBITDA (%) | 5.73* | 8.57 | 10.49 |
| Debt/Equity | 7.04* | 3.43 | 1.14 |
Sundrex Oil IPO GMP Today
| Date | Consolidated IPO GMP | Subject to Sauda |
| 23 December 2025 | 9 | 9,700 |
| 22 December 2025 | 17 | 16,200 |
Sundrex Oil IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 75,200 | 13,96,800 | 20,89,600 | 35,61,600 |
| 24 Dec 2025 | 1.00 | 1.15 | 1.90 | 1.59 |
| 23 Dec 2025 | 1.00 | 0.86 | 1.45 | 1.21 |
| 22 Dec 2025 | 0.00 | 0.66 | 0.94 | 0.81 |
The market maker reservation portion of 1,88,800 shares is not included in the above calculations.
Sundrex Oil IPO Allotment Status
Sundrex Oil IPO allotment status is now available on Cameo Corporate Services’ website. Click on Weblink to get allotment status.
Sundrex Oil IPO Dates & Listing Performance
| IPO Opening Date | 22 December 2025 |
| IPO Closing Date | 24 December 2025 |
| Finalization of Basis of Allotment | 26 December 2025 |
| Initiation of refunds | 29 December 2025 |
| Transfer of shares to demat accounts | 29 December 2025 |
| IPO Listing Date | 30 December 2025 |
| Opening Price on NSE SME | INR 68.80 per share (down 20%) |
| Closing Price on NSE SME | INR 65.40 per share (down 23.95%) |
Sundrex Oil Offer Lead Manager
AFFINITY GLOBAL CAPITAL MARKET PRIVATE LIMITED
20B, Abdul Hamid Street, East India House,
1st Floor, Room No. 1G, Kolkata – 700069
Phone: +91 33 4004 7188
Email: [email protected]
Website: www.affinityglobalcap.in
Sundrex Oil Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700
Email: [email protected]
Website: www.cameoindia.com
Sundrex Oil Contact Details
SUNDREX OIL COMPANY LIMITED
33/1, Netaji Subhas Road Marshall House,
8th Floor, Room no.846, Kolkata, West Bengal, 700001
Phone: +91 8335073185
E-mail: [email protected]
Website: www.sundrex.com
IPO FAQs
What is the Sundrex Oil offer size?
Sundrex Oil’s offer size is INR 30.38 – 32.25 crores.
What is the Sundrex Oil offer price band?
Sundrex Oil’s public offer price is INR 81 – 86 per share.
What is the lot size of the Sundrex Oil IPO?
Sundrex Oil offer lot size is 1,600 shares.
What is Sundrex Oil IPO GMP today?
Sundrex Oil IPO GMP today is INR 9 per share.
What is Sundrex Oil IPO Subject to Sauda rate today?
Sundrex Oil Subject to Sauda rate today is INR 9,700 per application.