Sundrex Oil IPO Date, Review, Price, Allotment Details
The Sundrex Oil IPO is scheduled to open on December 22, 2025, and will close on December 24, 2025. It is a book-built issue, through which the company aims to raise approximately ₹32.25 crore, entirely via a fresh issue of equity shares with a face value of ₹10 each.
The IPO is priced in the range of ₹81 to ₹86 per share. The issue allocation is divided with 35% reserved for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The shares are expected to be listed on the NSE on December 30, 2025, while the IPO allotment is likely to be finalised on December 26, 2025.
Financially, Sundrex Oil has shown strong growth. The company reported revenue of ₹69.12 crore in FY2025, compared to ₹49.19 crore in FY2024. Net profit also increased significantly to ₹5.44 crore in FY2025, up from ₹2.57 crore in FY2024. Based on this improved financial performance, the IPO may be suitable for long-term investors.
Sundrex Oil IPO Details
IPO Open Date December 22, 2025 IPO Close Date December 24, 2025 Face Value ₹10 Per Equity Share IPO Price Band ₹81 to ₹86 Per Share Issue Size Approx ₹32.25 Crores Fresh Issue Approx ₹32.25 Crores Issue Type Book Build Issue IPO Listing NSE SME DRHP Draft Prospectus 
RHP Draft Prospectus
Sundrex Oil IPO Market Lot
The minimum lot size for the Sundrex Oil IPO is 3,200 shares, requiring a minimum investment of ₹2,75,200 per application.
Application Lot Size Shares Amount Retail Minimum 2 3,200 ₹2,75,200 Retail Maximum 2 3,200 ₹2,75,200 S-HNI Minimum 3 4,800 ₹4,12,800 S-HNI Maximum 7 11,200 ₹9,63,200 B-HNI Minimum 8 12,800 ₹11,00,800
IPO Reservation
Investor Category Share Offered -% Shares Anchor Investor – Shares -% QIB (Ex. Anchor) 75,200 Shares 2.01% NII Shares Offered 13,96,800 Shares 37.24% Retail Shares Offered 20,89,600 Shares 55.72%
Sundrex Oil IPO Dates
The Sundrex Oil IPO will open on December 22 and close on December 24. The IPO allotment is expected to be finalized on December 26, with the listing scheduled for December 30.
IPO Open Date: December 22, 2025 IPO Close Date: December 24, 2025 Basis of Allotment: December 26, 2025 Refunds: December 29, 2025 Credit to Demat Account: December 29, 2025 IPO Listing Date: December 30, 2025 IPO Bidding Cut-off Time: December 24, 2025 – 5 PM
Promoters and Holding Pattern
The company is promoted by Mr Mahesh Sonthalia, Mr. Shashank Sonthalia, and Mr. Aman Sonthalia.
Particular Shares % Share Promoter Holding Pre Issue 96,44,752 100.00% Promoter Holding Post Issue 1,33,95,152 -%
Objects of the Issue & Utilisation of Proceeds
Purpose Crores To meet working capital Expenses ₹20.87 To meet Capital Expenditure ₹0.73 General Corporate Purpose ₹- To meet the offer related expenses ₹- Prepayment and repayment of all or a portion of certain secured and unsecured loan ₹2.58
About Sundrex Oil IPO
Sundrex Oil Company Limited, established in 2010, is a leading manufacturer and wholesaler of industrial and automotive lubricants, greases, and specialty products serving customers in India and abroad. Its comprehensive portfolio includes industrial lubricants, automotive lubricants, and specialty solutions tailored to diverse applications.
As of June 30, 2025, the company employs 73 professionals across various departments. Through contract manufacturing, Sundrex offers toll blending and contract packaging services customized to client specifications. Additionally, the company provides labelling solutions, allowing clients’ brand names and designs to be applied directly to the products. Sundrex’s product range includes Hydraulic Oil, Gear Oil, Multigrade and Monograde Diesel Engine Oil, Transformer Oil, Rust Preventive Oil, and Refrigeration Oil, reflecting its commitment to quality and versatility in the lubrication industry.
Sundrex Oil IPO Company Financial Report
Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets 2023 ₹27.79 ₹27.24 ₹0.40 ₹14.93 2024 ₹49.19 ₹45.74 ₹2.57 ₹24.15 2025 ₹69.12 ₹62.07 ₹5.44 ₹38.43 June 2025 ₹19.18 ₹16.61 ₹1.94 ₹40.21
Sundrex Oil IPO Valuation – FY2025
Check Sundrex Oil IPO valuations detail like Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 35.63% ROCE: 27.03% EBITDA Margin: 13.68% PAT Margin: 8.10% Debt to equity ratio: 1.14 Earning Per Share (EPS): ₹8.12 (Basic) Price/Earning P/E Ratio: N/A Return on Net Worth (RoNW): 35.63% Net Asset Value (NAV): ₹15.84
Peer Group Comparison
Company EPS PE Ratio RoNW % NAV Income Arabian Petroleum Limited 9.06 8.12 15.68% 53.43 9.12 Cr.
IPO Lead Managers aka Merchant Bankers
- Affinity Global Capital Market Pvt. Ltd.
Company Address
Sundrex Oil Company Limited.
16 India Exchange Place,
3rd Floor, Room No 14,
Kolkata – 700001, India
Phone: +91 8335073185
Email: cs@sundrex.co
Website: http://www.sundrex.com/
IPO Registrar
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/