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Sundrex Oil Company

Listed

IPO Timeline

Issue open date

22 Dec 2025

Issue close date

24 Dec 2025

UPI mandate deadline

24 Dec 2025

Allotment finalization

26 Dec 2025

Refund initiation

29 Dec 2025

Share credit

29 Dec 2025

Listing date

30 Dec 2025

Mandate end date

9 Jan 2026

Lock-in end date for anchor investors (50%)

25 Jan 2026

Lock-in end date for anchor investors (remaining)

26 Mar 2026

Grey Market Premium Trend

₹0
Current GMP
₹86
Est. Listing Price
0.0%
Est. Listing Gain
₹81 - ₹86
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
22 Dec₹0₹860.00%
21 Dec₹3₹893.49%
20 Dec₹17₹10319.77%
19 Dec₹0₹860.00%
18 Dec₹0₹860.00%
17 Dec₹0₹860.00%

Key Dates

Open
22 Dec 2025
Close
24 Dec 2025
Listing
30 Dec 2025

Quick Stats

Issue Size:32cr
Lot Size:1600 shares

About the Company

Sundrex Oil Company Limited was incorporated in May 2010 and is headquartered in Kolkata, West Bengal. The Company was promoted by Mr Mahesh Sonthalia, Mr Aman Sonthalia and Mr Shashank Sonthalia, who bring industry experience and continue to guide its strategic direction. Sundrex operates as an ISO 9001:2015 certified manufacturer and wholesaler of lubricants and allied products, serving customers in India and select overseas markets. The Company manufactures a wide range of industrial lubricants, automotive lubricants, greases, transformer oils, metalworking fluids, and other speciality products. Its operations are primarily focused on the B2B segment, which contributes the majority of revenues, with limited exposure to B2C markets. Sundrex also undertakes contract manufacturing, toll blending, contract packaging, and private labelling services. Its business model combines in-house manufacturing with customised solutions for industrial clients, enabling scalability and long-term customer relationships. Key strengths include a diversified product portfolio, strong quality control, flexible manufacturing capabilities, and established promoter-led management

Strengths

  • ISO 9001:2015 certified manufacturer with established quality systems.
  • Diversified product portfolio across industrial, automotive, and speciality lubricants.
  • Strong B2B focus contributing the majority of revenues and ensuring steady demand.
  • Promoter-led management with long-standing industry experience.
  • Contract manufacturing and private labelling support asset-light growth.

Risks

  • High dependence on a limited number of customers for a significant share of revenue.
  • Exposure to volatility in raw material prices and supply availability.
  • Large working capital requirements may strain cash flows.
  • Operations are subject to environmental and regulatory compliance risks.
  • Intense competition from established and larger lubricant manufacturers.

Sundrex Oil Company IPO – Frequently Asked Questions

  • The price band for the Sundrex Oil Company IPO is set at ₹81 to ₹86 per share.
  • The Sundrex Oil Company IPO opens on December 22, 2025 and closes on December 24, 2025.
  • The tentative listing date for the Sundrex Oil Company IPO is December 30, 2025.
  • You can apply for the Sundrex Oil Company IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Sundrex Oil Company, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Sundrex Oil Company IPO is 1600 shares. Investors must apply for at least one lot (i.e., 1600 shares).