Sundrex Oil Company Ltd IPO Details: Dates, Price, GMP, Review, Valuation and Allotment

The Sundrex Oil Company Ltd. is a major producer and distributor of high-quality industrial and automotive oils, greases, and lubricants. It has a large presence in Eastern India. The company has said that its NSE SME IPO would commence on December 22, 2025, and finish on December 24, 2025. The tentative listing date is December 30, 2025. Sundrex Oil’s IPO is a new offering of 37,50,400 shares that will raise ₹32.25 crore to pay for working capital, capital expenditures, debt repayment, and other business needs as the company grows its lubricants business.

The registrar name is Cameo Corporate Services Limited.

Sundrex Oil Company Ltd. IPO Details

Issue Size & Market Lot

Sundrex Oil Company Ltd. IPO offers a market lot size of 1,600 shares, making the minimum investment ₹1,37,600 for retail investors at the lower price band. The maximum investment for retail investors is capped at 2 lots (3,200 shares), amounting to ₹2,75,200. For HNI investors, the minimum investment is 3 lots (4,800 shares), or ₹4,12,800.

IPO Review

Sundrex Oil’s IPO is backed by strong promoters with decades of experience in the lubricants sector. The company has demonstrated robust financial growth, with a 41% increase in revenue and 112% growth in profit after tax (PAT) in FY2025. At the upper price band, Sundrex Oil is valued at a reasonable 10.69x P/E and 5.43x P/B, making it an attractive option for investors seeking exposure to the growing industrial lubricants market. However, the company faces risks such as competition from larger players and geographic concentration in Eastern India.​

Grey Market Premium (GMP)

As of 22nd December 2025, the grey market premium (GMP) for Sundrex Oil IPO is currently showing Rs.17 (20%). This suggests that listing gains may be modest, and investors should carefully consider the company’s fundamentals and growth prospects before applying.

Anchor Investors List

Sundrex Oil IPO does not have a dedicated anchor investor portion, which is typical for SME IPOs. The entire issue is structured as a pure public subscription, meaning there are no pre-allocated shares for institutional anchor investors.​

Merchant Bankers List

Affinity Global Capital Market Private Limited is the book-running lead manager for Sundrex Oil Company Ltd. IPO. Cameo Corporate Services Ltd. is the registrar handling allotment, refunds, and demat credits.

Allotment Details

The IPO is reserved as follows:

• Retail Individual Investors (RII): 55.72% (20,89,600 shares)

• Non-Institutional Investors (NII/HNI): 37.24% (13,96,800 shares)

• Qualified Institutional Buyers (QIB): 2.01% (75,200 shares)

• Others (Market Makers): 5.03%

Sundrex oil company allotment check: ​Click here

Promoters Holding Pattern

Pre-IPO, the promoters—Mahesh Sonthalia (Chairman & MD), Shashank Sonthalia (Whole-time Director & CEO), and Aman Sonthalia—held 100% of the equity. Post-IPO, their holding will dilute to 72.18%, reflecting strong promoter backing and confidence in the company’s future.

Company Overview

Sundrex Oil Company Ltd. is a well-known public limited company that has been around for a long time. It is ISO 9001:2015 certified and makes and sells high-performance industrial lubricants, automotive lubricants, greases, transformer oils, metalworking fluids, and other specialist formulations. The company was founded in 2010 and is based in Kolkata. It covers a wide range of industries in India and nearby countries, with a strong concentration on B2B clients, especially in the PSU and industrial sectors.

Sundrex Oil is known for its dedication to quality, efficiency, and customer satisfaction. This is backed up by a team with more than 40 years of expertise in the sector. The company sells a wide range of products, such as hydraulic oils, gear oils, transmission oils, bituminous products, and IS:335 approved transformer oils. These products can be used in both industrial and automotive settings. Sundrex also offers contract manufacturing, toll blending, contract packaging, and private labeling services. This means that clients can hire Sundrex to make their products and then sell them under their own brand names. Sundrex Oil Company Ltd. has a sophisticated manufacturing infrastructure and a good reputation for being reliable. It keeps adding to its capabilities to meet the changing needs of its clients.

Sundrex Oil Company Financial Statements

Sundrex Oil’s financials show strong growth, with a 41% increase in revenue and 112% growth in PAT over the past year.

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Valuation Report

The company’s valuation is reasonable compared to peers, with high profitability and efficient operations.

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Peer Company Comparison

Sundrex Oil stands out with higher profitability and better valuation metrics than its listed peers.

Sundrex Oil Company Ltd. Contact Information

• Registered Office Address:
  16, India Exchange Place, 3rd Floor, Room No. 14, BBD Bagh, Kolkata – 700001, West Bengal, India​

• Corporate Office Address:
  33/1, Netaji Subhas Road, Marshal House, 8th Floor, Kolkata – 700001, India​

• Phone Number:
  1800 891 7625 (Toll Free), +91 33 22309388​

• Email:
  contact@sundrex.co, accounts@sundrex.co​

• Website:
  www.sundrex.co

Registrar Contact Information

• Registrar Name:
  Cameo Corporate Services Limited​

• Address:
  Subramanian Building #1, Club House Road, Chennai – 600002, India​

• Phone Number:
  +91 44 2846 0390​

• Email:
  investor@cameoindia.com​

• Website:
  https://ipostatus2.cameoindia.com/

Nadim

Mr. Nadim Abbas M G is an Intermediate Chartered Accountant with a strong background in Information Technology. He combines his expertise in IT with a deep understanding of the stock market, making him a valuable resource for both financial and technical insights. With hands-on experience in accounting, IT systems, and stock market analysis, Nadim excels in bridging the gap between finance and technology, offering strategic advice and expert guidance in both domains.