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