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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Sundrex Oil Company Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹86
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,37,600
Issue Size
₹32.25 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
58.67%
QIB Quota
2.11%
NII Quota
39.22%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
71.99%
Issue Type
Book Building - SME
ISIN
INE0CTB01014
The Company prides itself as one well-established ISO 9001:2015 certified public limited company catering to lubrication needs of industries across India and foreign countries (Nepal, Bhutan, Bangladesh and UAE). The Company is 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 the total revenue whereas the remaining 1% of revenue is generated from the Business-to-Customer (B2C) segment.
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 at USD 7.25 Billion in 2024 and is expected to reach USD 9.22 Billion by 2030 with a CAGR of 4.28%. The India Automotive Lubricants Market size is estimated at 100 Million tons in 2024, and is expected to reach 150 Million tons by 2029, growing at a CAGR of 2% during the forecast period (2024-2029).
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of upto 37,48,800 equity shares of face value of Rs. 10/- each ("Equity Shares") of Sundrex Oil Company Limited ("the Company" or "the Issuer") of which fresh issue of 37,48,800 equity shares for cash at a price of Rs. 81-Rs. 86 per equity share (including share premium of Rs. 71-Rs. 76 per equity share) ("Offer Price"), aggregating up to Rs. 30.37-Rs. 32.24 crores (the "Offer"), of which 1,88,800 equity shares of face value of Rs. 10/- each for cash at an offer price Rs. 81-Rs. 86 per equity share aggregating to Rs. 1.53-Rs.1.62 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e., net offer of upto 35,60,000 equity shares of face value of Rs. 10/- each for cash at an at an offer price of Rs. 81-Rs. 86/- per equity share aggregating to Rs. 28.84-Rs. 30.62 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 28% and 26.59 %, respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs.10/- each. The offer price is 8.6 times the face value of the equity shares. Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
The Company was originally incorporated on May 08, 2010 at Kolkata, West Bengal as a Public Limited Company in the name and style of "Sundrex Oil Company Limited" under the provisions of the Companies Act, 1956 vide Certificate of Incorporation bearing CIN: U23200WB2010PLC147053 issued by the Registrar of Companies, Kolkata. The registered address of the office is situated at 16, India Exchange Place,3rd Floor, Room No.14, Kolkata, West Bengal, India, 700001.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.