Sundrex Oil Co. Ltd IPO - Day 1, Day 2, Day 3 Subscription Status & Details

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

Nupur Wankhede Posted on December 22, 2025

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.

Investor Category	Lots	Shares	Amount (₹)
Retail (Min)	2	3,200	₹2,72,500
HNI (Min)	3	4,800	₹4,12,800

Investor Category

Lots

Amount (₹)

Retail (Min)

3,200

₹2,72,500

HNI (Min)

4,800

₹4,12,800

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.

Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Sundrex Oil Co. Ltd IPO’ from the available list.
Enter your preferred bid quantity and price.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
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.

Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘Sundrex Oil Co. Ltd IPO’.
Enter your application details including number of lots and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).
Funds will be debited only upon share allotment.
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.