ListedSMEChemicalsSOCL

Sundrex Oil Co IPO

Sundrex Oil Co IPO is an SME IPO raising ₹32 Cr at ₹81 – ₹86 a share. It listed on 30 Dec 2025 at ₹69, −20.0% against its issue price of ₹86, and trades at ₹29 today (−66.3% since issue). It was subscribed 1.52× in total.

Get alerts on this company Company page

₹86

Issue price

₹29

Price now

−66.3%

Since issue price

30 Dec 2025

Listed on

1.52×Subscribed (final) · all exchanges

Just covered — bids slightly exceed the shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹81 – ₹86

Cut-off price₹86

Issue size₹32 Cr

Shares per lot1600

Minimum application₹1,37,600

Minimum quantity3200

Face value₹10

Listing exchangesNSE

ISININE0CTB01014

Bidding hours10:00 – 17:00 IST

Bidding window22 Dec 2025 – 24 Dec 2025

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.