NSE List Price : ₹68.80

subscription

Category	Times
QIBs	0.01x
HNIs	1.15x
Retail	1.09x
Total : 1.59x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	3,200	₹275,200
Retail Maximum	2	3,200	₹275,200
S-HNI Minimum	3	4,800	₹412,800
S-HNI Maximum	7	11,200	₹963,200
B-HNI Minimum	8	12,800	₹1,100,800

About the Company

Sundrex Oil Company Limited, established in 2010, is a prominent manufacturer and wholesaler of industrial and automotive lubricants, greases, and specialty products, serving customers across India as well as international markets. The company’s product range includes industrial lubricants, automotive lubricants, and a variety of specialty solutions.

As of June 30, 2025, Sundrex Oil Company Limited employs 73 personnel across its various departments. The company provides contract manufacturing services, including toll blending and contract packaging, customized to meet client specifications. In addition, Sundrex offers labeling services that allow clients to market products under their own brand name and design. The company’s product portfolio includes Hydraulic Oil, Gear Oil, Multigrade and Monograde Diesel Engine Oil, Transformer Oil, Rust Preventive Oil, and Refrigeration Oil.
 

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2023	₹27.79	₹27.24	₹0.40	₹14.93
2024	₹49.19	₹45.74	₹2.57	₹24.15
2025	₹69.12	₹62.07	₹5.44	₹38.43
June 2025	₹19.18	₹16.61	₹1.94	₹40.21

Company Promoter

Mr. Mahesh Sonthalia

Mr. Shashank Sonthalia

Mr. Aman Sonthalia

Know before investing

• • Strengths

  Strategic Location Advantage: The manufacturing unit located in Howrah, West Bengal benefits from strong connectivity to key transportation routes, industrial centers, and ports, ensuring smooth logistics operations and quicker access to target markets.

  Strong Export Potential: Close proximity to the Haldia and Kolkata ports, combined with well-developed road links to neighboring countries, enables economical exports to Southeast Asia, the Middle East, and other regional markets.

• • Risks

  Customer Concentration Risk: A substantial share of the company’s revenue depends on a small group of key customers. Any loss of, or decline in business from, these major customers could have a significant adverse effect on revenue and overall operating performance.

  Raw Material Price and Currency Volatility: Base oil, which is the main raw material, is influenced by global pricing benchmarks and foreign exchange movements. Fluctuations in international prices or currency depreciation may lead to higher input costs, margin pressure, and challenges in cost forecasting.

Objects of the Issue & Utilisation of proceeds

To meet working capital Expenses.

To meet Capital Expenditure.

General Corporate Purpose.

To meet the offer related expenses.

Prepayment and repayment of all or a portion of certain secured and unsecured loan.

Company  Address

Sundrex Oil Company Limited.
16 India Exchange Place,
3rd Floor, Room No 14,
Kolkata – 700001, India
Phone: +91 8335073185
Email: cs@sundrex.co
Website: http://www.sundrex.com/
 

IPO Registrar

Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/

IPO Review

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