Su͏n͏drex Oil C͏ompany͏ Shares List 20%͏ Below IPO Price ͏on ͏Market Debut 

Mumbai, 30 December 2025: Sundrex Oil Company Limited made a weak debut on Tuesday as its shares traded at a discount to its issue price on the NSE Emerge platform. The share price opened at ₹68.80 in comparison with the SME IPO price of ₹86.00, signifying a loss of ₹17.20 or 20.00% at the time of listing. The listing translated into market capitalization of ₹92.15 crore for the company at the time of debut. 

Established in 2010, Sundrex Oil Company Limited is a producer and distributor of performance industrial and automotive lubricants, greases and specialty products for industries in India and the neighbouring countries. The company offers a range of products such as industrial lubricants, automotive lubricants, and specialty products. The company also sells products under its own brand and provides contract manufacturing services. Such services include toll blending and contract packaging. 

Su͏n͏drex Oil C͏ompany͏ Share Price Snapshot on NSE at 14:23͏ PM 

At 14:23:37 PM IST, the shares were tradin͏g at ₹65.40 on the NSE, down by ₹3.40 or 4.94% from its day’s open of ₹68.80. Against its IPO price of ₹86.00, the stock dropped ₹20.60 or 23.95%. The stock moved within a high of ₹68.80 and a low of ₹65.40, and the total volume traded was 0.22 lakh shares worth ₹0.15 crore. The volume reflected the early tra͏ding activity typical ͏of the first ses͏sio͏n ͏on the SME platform. 

IPO and Subscription Recap 

Sundrex Oil IPO was a book build issue of ₹32.25 crores. The issue was entirely a fresh issue of 0.38 crore shares of ₹32.25 crore. The IPO bidding opened for subscription on December 22, 2025, and closed on December 24, 2025. The allotment for the IPO was finalised on December 26, 2025. 

The IPO price band was set at ₹81.00 to ₹86.00 per share. The lot size for an application was 1,600. The minimum amount of investment required by an individual investor (retail) was ₹2,75,200.00 (3,200 shares) (based on upper price). 

Sundrex Oil IPO was subscribed 1.53 times. The public issue subscribed 1.90 times in the individual investors category, 1.00 times in QIB (Ex Anchor), and 1.01 times in the NII category 

References 

• https://www.nseindia.com/get-quote/equity/SOCL/Sundrex-Oil-Company-Limited 
• https://www.nseindia.com/market-data/issue-information?symbol=SOCL&series=SME&type=Active  

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