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IPO-Insights

Sundrex Oil Co. Ltd IPO – Subscription Status, Dates, and How to Apply

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Nupur Wankhede

Table of Contents

Understand how Sundrex Oil Co. Ltd’s IPO performed on Day 1, including subscription trends, price band details, important dates, and the application process through ASBA or UPI.

The Sundrex Oil Co. Ltd IPO opened for subscription on December 22, 2025, introducing the edible oil and agro-commodities player to the SME capital market. The issue is being tracked closely due to its presence in essential consumption-linked products.

The IPO is valued at ₹32.25 Cr and is a book-built issue, with equity shares offered in the price range of ₹81 to ₹86 per share.

Sundrex Oil Co. Ltd IPO Subscription Status

The Sundrex Oil Co. Ltd IPO saw a cautious start on Day 1, with modest participation from retail and non-institutional investors, while institutional demand remained absent during the initial session.

Day 1 Subscription Status (December 22, 2025)

By the end of the first day of bidding, the IPO was subscribed 0.78× overall, driven primarily by retail participation.

Investor Category Subscription (Times)

Qualified Institutional Buyers (QIB)

0.00×

Retail Individual Investors (RII)

0.89×

Non-Institutional Investors (NII)

0.65×

Total

0.78×

The absence of early QIB participation is typical for several SME offerings, with momentum often building in later sessions.

Day 2 Subscription Status (December 23, 2025)

On Day 2 of the bidding, Sundrex Oil Company Ltd. IPO was subscribed 1.07× overall. Both Qualified Institutional Buyers (QIB) and Retail Individual Investors (RII) showed significant demand, with Non-Institutional Investors (NII) exhibiting slightly lower participation.

Investor Category Subscription (Times)

Qualified Institutional Buyers (QIB)

1.00×

Retail Individual Investors (RII)

1.34×

Non-Institutional Investors (NII)

0.71×

Total

1.07×

The IPO is receiving strong interest from all investor categories, with retail investors particularly showing good participation.

Day 3 Subscription Status (December 24, 2025)

For the Sundrex Oil Co. Ltd. IPO, the third day of bidding saw a total subscription of 1.50×. Qualified Institutional Buyers (QIB) maintained strong interest, while Retail Individual Investors (RII) and Non-Institutional Investors (NII) showed good participation as well.

Investor Category Subscription (Times)

Qualified Institutional Buyers (QIB)

1.00×

Retail Individual Investors (RII)

1.89×

Non-Institutional Investors (NII)

1.01×

Total

1.50×

The IPO is experiencing healthy interest, with Retail Individual Investors leading in subscription.

Sundrex Oil Co. Ltd IPO Price Band and Lot Size

The price band for the Sundrex Oil Co. Ltd IPO is set between ₹81 and ₹86 per share, with a face value of ₹10 per share. Investors must apply for a minimum of 2 lots consisting of 3,200 shares.

At the upper price band, the minimum investment required is ₹1,37,600.

Investor Category Lots Shares Amount (₹)

Retail (Min)

2

3,200

₹2,72,500

HNI (Min)

3

4,800

₹4,12,800

This pricing positions the issue within the standard SME investment bracket.

For detailed insights about the company, issue particulars, and the latest updates, visit the Sundrex Oil Co. Ltd IPO on Bajaj Markets.

Sundrex Oil Co. Ltd IPO Open Date, Close Date, and Allotment Date

Below are the key dates investors should track during the IPO process:

Event Date Description

IPO Open Date

December 22, 2025

Issue opens for bidding

IPO Closing Date

December 24, 2025

Final day to apply

Basis of Allotment

December 26, 2025

Allotment finalisation

Refunds Initiation

December 29, 2025

Refunds begin

Credit of Shares

December 29, 2025

Shares credited to Demat

Listing Date

December 30, 2025

Listing on SME exchange

Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.

How to Apply for Sundrex Oil Co. Ltd IPO

Applications can be submitted through ASBA or UPI, depending on investor preference.

Through ASBA (Net Banking)

This is a convenient and secure method where your application amount stays blocked until shares are allotted.

  1. Log in to your internet banking account.

  2. Go to the ‘Investments’ or ‘IPO Application’ section.

  3. Select ‘Sundrex Oil Co. Ltd IPO’ from the available list.

  4. Enter your preferred bid quantity and price.

  5. Confirm and submit your application.

  6. The bid amount will remain blocked in your account until allotment.

  7. Upon allotment, the amount will be debited, and shares credited to your Demat account.

Through UPI via Broker Platforms

You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.

  1. Log in to your trading account or Demat account on your broker’s platform or financial marketplace.

  2. Navigate to the IPO section and select ‘Sundrex Oil Co. Ltd IPO’.

  3. Enter your application details including number of lots and price.

  4. Provide your UPI ID linked to your bank account.

  5. Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).

  6. Funds will be debited only upon share allotment.

  7. Once allotted, shares will be credited directly to your Demat account.

Disclaimer

The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.

Sources

  • LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo

  • Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo

  • Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/

  • NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos

  • Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner

Hi! I’m Nupur Wankhede
BSE Insitute Alumni

With a Postgraduate degree in Global Financial Markets from the Bombay Stock Exchange Institute, Nupur has over 8 years of experience in the financial markets, specializing in investments, stock market operations, and project management. She has contributed to process improvements, cross-functional initiatives & content development across investment products. She bridges investment strategy with execution, blending content insight, operational efficiency, and collaborative execution to deliver impactful outcomes.

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