
Sundrex Oil IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Fri Dec 19 2025

Sundrex Oil IPO is open for bidding from 22nd December 2025 to 24th December 2025. It is a bookbuilding IPO of ₹32.25 crore, an entirely fresh issue of 0.38 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 30th December 2025.
Sundrex Oil IPO Details
The Sundrex Oil IPO date is fixed between 22nd December 2025 and 24th December 2025. The face value of Sundrex Oil shares stands at ₹10 per share, and the IPO Issue price band is set at ₹81 to ₹86 per share
Cameo Corporate Services Limited is the registrar of the Sundrex Oil IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
| IPO Allotment Date | 26th December 2025 |
| IPO Open Date | 22nd December 2025 |
| IPO Close Date | 24th December 2025 |
| Refund Initiation | 29th December 2025 |
| Issue Size | 37,50,400 shares(agg. up to ₹32.25 Cr) |
| Face Value | ₹10 per share |
| Lot Size | 1,600 Shares |
| Issue Price | ₹81 to ₹86 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | 30th December 2025 |
Sundrex Oil IPO Share Reservation
Riddhi Display Equipment’s IPO is a bookbuilding IPO issue of 0.38 crore worth ₹32.25 crores. Sundrex Oil IPO Limited shares will be listed on the NSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
| Investor Categories | Shares Offered | Shares Percentage |
| Market Maker Shares Offered | 1,88,800 | 5.03% |
| QIB shares offered | 75,200 | 47.42% |
| NII (HNI) Shares Offered | 13,96,800 | 14.27% |
| Retail Shares Offered | 20,89,600 | 33.27% |
| Total Shares Offered | 37,50,400 | 100.00% |
Sundrex Oil IPO GMP Grey Market Premium
GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Sundrex Oil IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
| GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
| 24-12-2025 | – | – | – | – |
| 23-12-2025 | – | – | – | – |
| 22-12-2025 | ₹86.00 | ₹0.00 | ₹86.00 | 0.00% |
| 21-12-2025 | ₹86.00 | ₹0.00 | ₹86.00 | 0.00% |
| 20-12-2025 | ₹86.00 | ₹0.00 | ₹86.00 | 0.00% |
| 19-12-2025 | ₹86.00 | ₹0.00 | ₹86.00 | 0.00% |
| 18-12-2025 | ₹86.00 | ₹0.00 | ₹86.00 | 0.00% |
| 17-12-2025 | ₹86.00 | ₹0.00 | ₹86.00 | 0.00% |
| 16-12-2025 | ₹86.00 | ₹0.00 | ₹86.00 | 0.00% |
| 15-12-2025 | ₹86.00 | ₹0.00 | ₹86.00 | 0.00% |
As of 22nd December 2025, Sundrex Oil IPO GMP stands at ₹0 per share, which means the share will likely show a listing at ₹86.00 on its tentative listing date, 30th December 2025.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Sundrex Oil IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends.
Sundrex Oil IPO GMP Review

Check out the detailed Sundrex Oil GMP IPO review for a thorough understanding of its potential to report listing gains on 30th December 2025. The Sundrex Oil IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Sundrex Oil IPO.
Sundrex Oil Limited’s revenue increased by 41% from ₹49.19 crores in March 2024 to ₹69.12 crores in March 2025. Moreover, the company’s PAT increased by 112% from ₹2.57 crores in March 2024 to ₹5.44 crores in March 2025.
Sundrex Oil’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, the brokers, investors, and RAs have a positive outlook for the Sundrex Oil IPO for its tentative listing day, which is 30th December 2025.
Technical Analysis
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Sundrex Oil IPO.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 10.69 |
| EPS (Earnings Per Share) | 8.04 |
| RoNW | 35.63% |
| ROCE | 27.03% |
| ROE | 35.63% |
| EBITDA Margin | 13.68% |
| Price to Book Value | 5.43 |
| Market Capitalisation | ₹115.20 Cr |
The PE ratio of Sundrex Oil Limited shares is 10.69, and its Earnings Per Share (EPS) stands at 8.04. Thus, the Sundrex Oil IPO can deliver gains on its tentative listing date, 30th December 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Sundrex Oil Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 10.69 | – |
| EPS | 8.04 | – |
Sundrex Oil IPO Subscription Status
The Sundrex Oil IPO is to be opened for bidding on 22nd December 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Sundrex Oil IPO Subscription Status.
| Investor Categories | Shares Offered | Shares Percentage | Shares Subscribed | Subscription to the Times |
| Market Maker Shares Offered | 1,88,800 | 5.03% | Yet to be announced | Yet to be announced |
| QIB shares offered | 75,200 | 47.42% | Yet to be announced | Yet to be announced |
| NII (HNI) Shares Offered | 13,96,800 | 14.27% | Yet to be announced | Yet to be announced |
| Retail Shares Offered | 20,89,600 | 33.27% | Yet to be announced | Yet to be announced |
| Total Shares Offered | 37,50,400 | 100.00% | Yet to be announced | Yet to be announced |
About Sundrex Oil Limited

Sundrex Oil was established in 2010. Sundrex Oil Company Limited is a manufacturer and wholesaler of high-performance industrial and automotive lubricants, greases, and speciality products serving industries in India and neighbouring countries. The company’s product portfolio includes industrial lubricants, automotive lubricants, and speciality products. The company makes products under its brand and provides contract manufacturing services. These services include toll blending and contract packaging. The company offers labelling services. This allows businesses to market and sell high-quality products with their brand name. Product Portfolio: Hydraulic Oil, Gear Oil, Multigrade & Monograde Diesel Engine Oil, Transformer Oil, Rust Preventive Oil, Refrigeration Oil. As of June 30, 2025, the company employed 73 employees in various departments.
Sundrex Oil Limited Financials
The company’s financial analysis is essential before applying for the Sundrex Oil IPO. Look at the table to learn about Sundrex Oil Limited’s financials.
| Year Ended | 30th June 2025 (in cr.) | 31st March 2025 (in cr.) | 31st March 2024 | 31st March 2023 |
| Assets | 40.21 | 38.43 | 24.15 | 14.93 |
| Revenue | 19.18 | 69.12 | 49.19 | 27.79 |
| Profit After Tax | 1.94 | 5.44 | 2.57 | 0.40 |
| EBITDA | 3.11 | 9.19 | 5.13 | 1.99 |
| Net Worth | 17.22 | 15.28 | 3.96 | 1.39 |
| Reserves and Surplus | 7.57 | 5.63 | 2.97 | 0.41 |
| Total Borrowings | 17.13 | 17.38 | 13.63 | 9.80 |
Explanation
Sundrex Oil Limited’s revenue increased by 41% from ₹49.19 crores in March 2024 to ₹69.12 crores in March 2025. Moreover, the company’s PAT increased by 112% from ₹2.57 crores in March 2024 to ₹5.44 crores in March 2025.
Sundrex Oil Limited IPO Promoter Holdings
Have a look at the table below to check the holdings of Sundrex Oil Limited.
Mr Hitesh Kumar Singla, Mr Nikhil Singla, Mr Nitin Dixit, and Mr Anil Kumar Sharma.
| Shareholding Pre-Issue | 100.00% |
| Shareholding Post-Issue | – |
Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.
Aim of Sundrex Oil IPO
The primary aim of the Sundrex Oil IPO is to raise ₹32.25 crores. On the other hand, Sundrex Oil has decided to utilise these funds in different ways.
- To meet working capital Expenses
- To meet Capital Expenditure
- To meet the General corporate purposes
- To meet the offer-related expenses
- To Prepayment and repayment of all or a portion of particular secured and unsecured loans
Should I Invest in the Sundrex Oil IPO?
Explore the pros and cons of Sundrex Oil to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades.
Pros of Sundrex Oil IPO
- The company has in-house Manufacturing & State-of-the-Art Quality Control.
- The company has strategic Location Advantage.
- The company has a direct Sales Model & Diversified Client Base.
Cons of Sundrex Oil IPO
- The company has a dependence on suppliers & raw materials
- The company has raw material price & currency volatility
- The company has risks on trade receivables and working capital
How to Apply for Sundrex Oil IPO?

Check the steps mentioned below to apply for Sundrex Oil Ltd.
- Step 1: Conduct thorough research on the Sundrex Oil IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for 2 lot of 3,200 shares worth ₹2,75,200
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Sundrex Oil IPO across multiple demat accounts to increase your chances of allotment.
How to Check Sundrex Oil IPO Allotment Status?
You can check for the Sundrex Oil IPO allotment in different ways. These include NSE and the registrar portal. Follow the steps below to check your allotment status online.
Check On NSE
- Visit the NSE Official Site
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Sundrex Oil IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Sundrex Oil IPO allotment status.
Let’s Wrap
Sundrex Oil IPO is a bookbuilding issue of shares worth ₹32.25 crores. The shares of Sundrex Oil Limited will be listed on NSE and SME on its tentative listing date of 30th December 2025. Researching the Sundrex Oil IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Sundrex Oil IPO
How is the Sundrex Oil IPO?
Ans. Currently, on 22nd December 2025, the Sundrex Oil GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹86 per share. It is a bookbuilding IPO of ₹32.25 shares. The face value of each Sundrex Oil share is ₹10 per share.
What is the Sundrex Oil IPO price?
Ans. The Sundrex Oil IPO issue price band is set at ₹81.00 to ₹86.00 per share.
Is the Sundrex Oil IPO a good investment?
Ans. Sundrex Oil Limited’s revenue increased by 41% from ₹49.19 crores in March 2024 to ₹69.12 crores in March 2025. Moreover, the company’s PAT increased by 112% from ₹2.57 crores in March 2024 to ₹5.44 crores in March 2025.
Who is the registrar of the Sundrex Oil IPO?
Ans. Cameo Corporate Services Limited is the registrar for the Sundrex Oil IPO, awaiting to manage the allotment process and initiate refunds. For any queries regarding the Sundrex Oil allotment and refund, you can contact Cameo Corporate Services Limited at investor@cameoindia.com or at +91-44-28460390.
What is the issue size of the Sundrex Oil IPO?
Ans. Sundrex Oil IPO is a bookbuilding IPO for ₹32.25 shares. Moreover, the IPO is set to open on 22nd December 2025 and will be closed on 24th December 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Sundrex Oil IPO, download the Sundrex Oil IPO RHP and Sundrex Oil IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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