Sundrex Oil IPO Subscription Status
Sundrex Oil IPO subscribed over 1.16x on its second day till 5.00 PM on December 23, 2025.
- Sundrex Oil IPO subscription QIB investors’ portion was 1.00 times, while NII was subscribed 0.73 times, and RII investors subscribed 1.45 times.
- The company has received bids for 41,20,000 shares against 35,61,600 shares on offer for the second-day subscription.
- Sundrex Oil IPO subscribed over 1.16x on its day 2.
- Sundrex Oil IPO subscribed over 0.84x on its day 1.
About Sundrex Oil Company
Sundrex Oil Company Limited, founded in 2010, is one of the leading manufacturers and wholesalers of industrial and automotive lubricants, greases, and specialty products for customers in India and other countries. The company’s portfolio comprises industrial lubricants, automotive lubricants, and specialty products.
The company includes a total of 73 employees under various departments as of June 30, 2025. Under contract manufacturing, it offers toll blending and contract packaging as per the client’s requirements. Moreover, the company also offers labelling services, where the brand puts the client’s brand name and design onto the product. Sundrex oil product portfolio consists of Hydraulic Oil, Gear Oil, Multigrade & Monograde Diesel Engine Oil, Transformer Oil, Rust Preventive Oil, and Refrigeration Oil.
Sundrex Oil IPO GMP:
Sundrex Oil IPO GMP was ₹3 as of Tuesday, December 23 2025. That indicates the IPO is trading at ₹89 with a ₹3 premium in the grey market against the issue price of ₹86.
