Sundrex Oil Company Ltd. IPO

Q: What is the size of Sundrex Oil Company Ltd. IPO?

The size of the Sundrex Oil Company Ltd. IPO is &#8377;32.25 Cr.

Q: What is the price range of Sundrex Oil Company Ltd. IPO?

The price range of Sundrex Oil Company Ltd. IPO is at &#8377;81 to &#8377;86 per share.

Q: What is the minimum investment and lot size required for the Sundrex Oil Company Ltd. IPO?

The minimum investment required is &#8377;1,37,600 and minimum lot size is 1600 shares.

Q: What is the objective of Sundrex Oil Company Ltd. IPO?

1. To meet working capital Expenses{BREAK}2. To meet Capital Expenditure{BREAK}3. Prepayment and repayment of all or a portion of certain secured and unsecured loan{BREAK}4. General Corporate Purposes{BREAK}5. To meet the offer related expenses

Sundrex Oil Company Ltd., established in 2010, operates in the Lubricants sector. The company's IPO opened on December 22, 2025 and closed on December 24, 2025, with an issue price of ₹86. The Sundrex ... Read more

Min Investment

₹ 1,37,600 / 1600 shares

Price Range

₹81 - ₹ 86

Bidding Dates

22 Dec '25 - 24 Dec '25

Total Issue Value

32.25 Cr

Lot Size

1,600

Total Issue Size

32.25 Cr

Listing At

NSE SME

NSE Price

62.15 (-27.73%)

IPO Timeline

22 Dec 2025

Bidding Starts
24 Dec 2025

Bidding Ends
26 Dec 2025

Allotment Finalization
30 Dec 2025

Listing

About Sundrex Oil Company Ltd.

We are a manufacturer and wholesaler of lubricants, greases, and a wide range of industrial products, serving both B2B and B2C markets across India. The company’s revenue profile is predominantly concentrated in the Business-to-Business (B2B) segment, which accounts for approximately 99% of ... Read more

Parent organisation

Founded

Sundrex Oil Company Ltd.

2010

Sundrex Oil Company Ltd. IPO Reservation

Investors Category	Shares Offered
Market Makers	1,88,800 (5.03%)
Non Institutional Investors	13,96,800 (37.24%)
Qualified Institutional Buyers (QIBs)	75,200 (2.01%)
Retail Individual Investors (RIIs)	20,89,600 (55.72%)

Sundrex Oil Company Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2025	58.65 Cr	5.29 Cr	5.30 Cr
31 Mar 2024	39.99 Cr	2.38 Cr	2.79 Cr
31 Mar 2023	27.79 Cr	39.82 Lakh	40.84 Lakh

Sundrex Oil Company Ltd. Background

Major Events And Milestones

2010

• Company incorporation: Sundrex Oil Co. Ltd. was founded, marking the beginning of its journey in the lubricants industry.
• Trial production: The company initiated trial production with a plant capacity of 3 KL per shift, focusing on lubricants and greases.
2011

ISO 9001:2008 Certification: The company achieved ISO 9001:2008 certification for its Quality Management System (QMS), setting a solid foundation for operational standards and quality control.
2012

• Lubricating Oil Plant Commissioned: The company commissioned its lubricating oil plant with a production capacity of 14 KL per shift, after conducting initial market tests. This was a major step towards scaling up operations.
2013

• Transformer Oil Plant: Sundrex expanded its product range by commissioning a transformer oil plant and obtaining BIS certification for its transformer oils, establishing its credentials in the industrial oils sector.
2014

• Export Initiation: Sundrex began exports to Nepal and Bhutan, marking its first international expansion and broadening its market base in the South Asian region.
2015

• First PSU Supply: The company achieved a significant milestone by making its first supply to one of major coal manufacturer, a major public sector undertaking (PSU).
• Bituminous Compounds Plant: Sundrex commissioned a bituminous compounds plant, further diversifying its product offerings.
2016

• Lubricating Oil Capacity Expansion: The plant's lubricating oil capacity was expanded to 22 KL per shift to meet the growing market demand.
• ISO 9001:2015 Certification: The company upgraded its ISO certification to ISO 9001:2015, ensuring adherence to global standards for quality management
2017

• Grease Plant Commissioned: Sundrex expanded its product range by commissioning a grease plant with a 3 MT per day capacity.
• Base Oil Imports: To mitigate supply risks, the company began importing base oils, securing its supply chain for the future.
2018

• Contract Manufacturing: Our Company secured its first major contract manufacturing agreement with Indian major PSU marking a significant achievement in its contract manufacturing business.
• Coolant and Brake Fluid Plant: The company commissioned a dedicated plant for coolant and brake fluid manufacturing to serve the automotive sector.
• First RC with PSU: Sundrex secured its first RC (Rate Contract) with North Eastern Coalfield Ltd.
• Bottling Line and White Oil Unit: Sundrex established a lubricant oil bottling line with a capacity of 15 bottles per minute (bpm) and a white oil manufacturing unit with a 24 KL per day capacity.
• MoU with IIP Dehradun: Sundrex signed a MoU with IIP Dehradun for the development of lubricants.
2019

• Lubricant Oil Bottling Line Expansion: The company expanded its lubricant oil bottling line to a capacity of 45 bpm.
• Grease Pouching Unit: Sundrex set up a grease pouching unit and signed its first MoU with one of biggest steel giant for contract manufacturing.
2020

• Lubricating Oil Plant Expansion: The lubricating oil plant capacity was expanded to 30 KL per shift to meet increased demand.
• Grease Plant Expansion: The grease plant’s capacity was increased to 9 MT per day.
• Automatic Pouching Line: Sundrex commissioned an automatic pouching line for lubricating oils to enhance packaging efficiency and reduce lead times.
2021

• White Oil Manufacturing Capacity Expansion: The white oil plant capacity was expanded to 48 KL per day to support the growing demand for high-quality white oils.
• Advanced Filtration Machines: The company commissioned advanced filtration machines for lubricants, enhancing the quality and performance of its products.
2022

• Filtration Machine Commissioning: Sundrex commissioned advanced filtration machines for its lubricants, improving their quality and performance, and meeting the higher standards of the industrial sector.
2023

• White Oil Capacity Expansion: The white oil plant capacity was further expanded to 80 KL per day.
• Exports to Bangladesh: The company began exports to Bangladesh, further strengthening its position in the South Asian market.
• Ecolixir Greentech Pvt Ltd.: Sundrex incorporated a subsidiary, Ecolixir Greentech Pvt Ltd., and started trial production to explore Extended Producer Responsibility (EPR) opportunities in line with new government guidelines
2024

• White Oil Capacity Expansion: The white oil manufacturing capacity was expanded to 100 KL per day, allowing Sundrex to meet rising demand.
• LLP-IP Grade Plant Approval: The company received site approval from the West Bengal Directorate of Drug Control for setting up a plant to produce LLP-IP grade products.
• Acquisition of OPRS Enterprises Pvt Ltd.: Sundrex acquired OPRS Enterprises Pvt Ltd., expanding its sales channels and distribution network.
• Ecolixir Greentech Pvt Ltd. Plant Commissioning: Sundrex commissioned the new plant at Ecolixir Greentech Pvt Ltd. to enhance capacity and be compliant with EPR norms.
• Exports to Middle East: The company began exports to the Middle East, marking its entry into a new global market with proprietary products.

Sundrex Oil Company Ltd. Object of Issues

1. To meet working capital Expenses
2. To meet Capital Expenditure
3. Prepayment and repayment of all or a portion of certain secured and unsecured loan
4. General Corporate Purposes
5. To meet the offer related expenses

Sundrex Oil Company Ltd. IPO Listing Details

Listing Date

30 Dec 2025

ISIN

INE0CTB01014

Final Issue Price

₹ 86

Sundrex Oil Company Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	-	₹ 86.00
Open	-	₹ 68.80
Low	-	₹ 65.40
High	-	₹ 68.80
Last Trade	-	₹ 65.40

Sundrex Oil Company Ltd. Company Promoters

1. Mr. Mahesh Sonthalia
2. Mr. Shashank Sonthalia
3. Mr. Aman Sonthalia

Industry Overview

The global automotive lubricants market size was valued at USD 71.44 Billion in 2024. It is estimated to reach from USD 75.09 Billion in 2025 to USD 111.79 Billion in 2033, growing at a CAGR of 5.10% during the forecast period (2025–2033).

India Industrial Lubricant Market was valued ... Read more

Sundrex Oil Company Ltd. Contact Details

Address: 16 India Exchange Place, 3rd Floor, Room No.- 14, Kolkata West Bengal - 700001
Phone no:8335073185

Email: [email protected]

8335073185

Visit Website

Sundrex Oil Company Ltd. IPO Registrar

Cameo Corporate Services Ltd.

Submaramanian Building, No. 1 Club House, Chennai (Madras) Tamil Nadu - 600002

40020700

Sundrex Oil Company Ltd. IPO Lead Manager(s)

Affinity Global Capital Market Pvt. Ltd.

20B, Abdul Hamid Street, East India House, 1st Floor, Room No. 1G, Kolkata West Bengal - 700069

40047188

FAQs

When does Sundrex Oil Company Ltd. IPO opens and closes?

Sundrex Oil Company Ltd. IPO opens from 22nd December to 24th December 2025.

What is the size of Sundrex Oil Company Ltd. IPO?

The size of the Sundrex Oil Company Ltd. IPO is ₹32.25 Cr.

What is the price range of Sundrex Oil Company Ltd. IPO?

The price range of Sundrex Oil Company Ltd. IPO is at ₹81 to ₹86 per share.

What is the minimum investment and lot size required for the Sundrex Oil Company Ltd. IPO?

The minimum investment required is ₹1,37,600 and minimum lot size is 1600 shares.

When is Sundrex Oil Company Ltd. IPO listing date?

The Sundrex Oil Company Ltd. IPO will be listed on 30th December 2025.

What is the objective of Sundrex Oil Company Ltd. IPO?

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