Sundrex Oil Co.Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 75,200 (2%) | — | ₹6 Cr |
| NII (HNI) | — | 1,396,800 (37%) | — | ₹1,201 Cr |
| Retail | — | 2,089,600 (56%) | — | ₹1,797 Cr |
| Market Maker | — | 188,800 (5%) | — | ₹16 Cr |
| Σ Total | — | 3,750,400 (100%) | — | ₹32,253 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹137,600 |
| Retail (Max) | 13 | 20,800 | ₹1,788,800 |
| S-HNI (Min) | 14 | 22,400 | ₹1,926,400 |
| B-HNI (Min) | 67 | 107,200 | ₹9,219,200 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 19 | 69 | 49 |
| EBITDA | 3 | 9 | 5 |
| Profit After Tax | 2 | 5 | 3 |
| Net Worth | 17 | 15 | 4 |
| Total Assets | 40 | 38 | 24 |
| Reserves & Surplus | 8 | 6 | 3 |
| Total Borrowing | 17 | 17 | 14 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet working capital Expenses – 20.87
- To meet Capital Expenditure – 0.73
- General Corporate Purposes –
- To meet the offer related expenses –
- Prepayment and repayment of all or a portion of certain secured and unsecured loan – 2.58
Company Overview
Incorporated in 2010, Sundrex Oil Company Limited is a manufacturer and wholesaler of high-performance industrial and automotive lubricants, greases, and specialty products serving industries in India and neighboring countries.
The company's product portfolio includes industrial lubricants, automotive lubricants, and specialty products.
The company makes products under its brand and provides contract manufacturing services. These services include toll blending and contract packaging.
The company provides labeling services. This allows businesses to market and sell high-quality products with their brand name.
Product Portfolio: Hydraulic Oil, Gear Oil, Multigrade & Monograde Diesel Engine Oil, Transformer Oil, Rust Preventive Oil, Refrigeration Oil.
As on June 30, 2025, the company employed 73 employees at various departments.
Competitive Strength
- In-House Manufacturing & State-of-the-Art Quality Control.
- Strategic Location Advantage.
- Direct Sales Model & Diversified Client Base.
- Experienced Management & Skilled Workforce.
- Overall Logistical Efficiency.
- Cost Leadership Through Operational Efficiency.
- Focus on Vertical Integration and Product Line Expansion.