Sundrex Oil Company IPO – Dates, Price, GMP, Business Model & Review

Educational article by Money Bells Research Analyst (SEBI Registered Research Analyst)

This article is for educational and informational purposes only. It does not constitute investment advice, recommendation, or solicitation. Please read the official IPO documents before investing.

➜ IPO Overview

Sundrex Oil Company Limited is launching a book-built SME IPO to raise approximately ₹32.25 crore through the issuance of 37,50,400 fresh equity shares. The company manufactures industrial and automotive lubricants, greases, transformer oils, and specialty oil products for domestic and export markets. :contentReference[oaicite:10]{index=10}

➜ IPO Dates & Timeline

• IPO Opening Date: 22 December 2025
• IPO Closing Date: 24 December 2025
• Basis of Allotment: 26 December 2025
• Refund Initiation: 29 December 2025
• Credit to Demat Account: 29 December 2025
• Listing Date (Tentative): 30 December 2025

All dates and timelines are subject to official exchange notifications. :contentReference[oaicite:11]{index=11}

➜ IPO Price & Lot Size

• Price Band: ₹81 – ₹86 per equity share
• Face Value: ₹10 per share
• Lot Size: 1,600 shares
• Minimum Application Value: ₹1,37,600 (1,600 × ₹86)

SME IPOs require bidding in fixed lot multiples. :contentReference[oaicite:12]{index=12}

➜ Issue Size & Structure

• Total Issue Size: ₹32.25 crore
• Total Shares Offered: 37,50,400 shares
• Issue Type: Fresh Issue (Book Build)
• No Offer For Sale (OFS) component

Proceeds will be used for working capital, capital expenditure, and general corporate purposes. :contentReference[oaicite:13]{index=13}

➜ IPO GMP (Grey Market Premium)

Grey Market Premium (GMP) reflects unofficial price expectations prior to listing and is not regulated by SEBI or exchanges. Latest available GMP reported near ₹0–₹5 but may fluctuate. :contentReference[oaicite:14]{index=14}

GMP should not be used as the sole basis for investment decisions. It indicates market sentiment only.

➜ Company Profile

Incorporated in 2010 and headquartered in Kolkata, Sundrex Oil Company Limited manufactures and distributes industrial and automotive lubricants, greases, transformer oils and specialty petroleum products. The company’s offerings include hydraulic oils, gear oils, engine oils, and custom blends. :contentReference[oaicite:15]{index=15}

➜ Key Strengths

• Diverse product range of industrial & automotive lubricants
• Contract manufacturing & toll blending capabilities
• Established B2B distribution network
• Pan-India presence and export markets
• Growing lubricant demand from industrial sectors

➜ Risk Factors

• Crude oil and base oil price volatility
• Competitive lubricant industry
• Working-capital intensive business
• Liquidity risk for SME-listed shares
• Dependence on industrial demand cycles

➜ IPO Review / Investor View

From an educational perspective, the Sundrex Oil Company IPO offers exposure to a lubricant manufacturing business. Investors should consider valuation, growth prospects, financial performance, and industry dynamics before making decisions.

➜ Disclosure (SEBI Compliance)

This content is prepared strictly for educational purposes only. Money Bells Global Research Services Pvt. Ltd. is a SEBI Registered Research Analyst. This article does not constitute investment advice, recommendation, or solicitation. Readers are advised to consult financial advisors and refer to official IPO documents before investing.