31 Mar 2023
Assets14.93
Total Income27.79
EBITDA1.99
Profit After Tax0.40
NET Worth1.39
Reserves and Surplus0.41
Total Borrowing9.80
At a glance
Updated 2026-09-10Sundrex Oil is a SME IPO with an issue size of ₹32.24 crore, proposed for listing on NSE SME. The offer opens on 22nd Dec 2025 and closes on 24th Dec 2025. The issue structure includes a fresh issue of ₹30.62 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹32.24 Cr
Fresh issue₹30.62 Cr
Face value₹10
Price band₹81.00–₹86.00
Allotment26th Dec 2025
Listing30th Dec 2025
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹86.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens22nd Dec 2025
Closes24th Dec 2025
Allotment26th Dec 2025
Refund29th Dec 2025
Demat29th Dec 2025
Listing30th Dec 2025
Subscription demand
Full bidding ↗QIB1.00×
sHNI1.10×
bHNI0.97×
NII / HNI0.97×
Retail1.90×
Total1.53×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Max) | 2 | 3200 | ₹275,200 |
| S-HNI (Min) | 3 | 4800 | ₹412,800 |
| S-HNI (Max) | 7 | 11200 | ₹963,200 |
| B-HNI (Min) | 8 | 12800 | ₹1,100,800 |
Company
Incorporated2010
Use of proceeds
| Object | Amount |
|---|---|
| To meet working capital Expenses | ₹20.87 Cr |
| To meet capital expenditure | ₹0.73 Cr |
| General Corporate Purposes | ₹4.52 Cr |
| Prepayment and repayment of all or a portion of certain secured and unsecured loan | ₹2.58 Cr |
| Issue Expenses | ₹3.55 Cr |
| Total | ₹32.25 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue19.18₹ Cr · -72.3% vs prior year
EBITDA3.11₹ Cr · -66.2% vs prior year
PAT1.94₹ Cr · -64.3% vs prior year
Assets40.21₹ Cr · +4.6% vs prior year
Net Worth17.22₹ Cr · +12.7% vs prior year
Borrowing17.13₹ Cr · -1.4% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets24.15
Total Income49.19
EBITDA5.13
Profit After Tax2.57
NET Worth3.96
Reserves and Surplus2.97
Total Borrowing13.63
31 Mar 2025
Assets38.43
Total Income69.12
EBITDA9.19
Profit After Tax5.44
NET Worth15.28
Reserves and Surplus5.63
Total Borrowing17.38
30 Jun 2025
Assets40.21
Total Income19.18
EBITDA3.11
Profit After Tax1.94
NET Worth17.22
Reserves and Surplus7.57
Total Borrowing17.13
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 35.63% |
| ROCE | 27.03% |
| Debt / Equity | 1.14% |
| RoNW | 35.63% |
| PAT Margin | 8.10% |
| EBITDA Margin | 13.68% |
| Price to Book Value | 5.43 |
Valuation & shareholding
Pre-IPO EPS8.04
Pre-IPO P/E10.69
Promoter holding pre100%
Promoter holding post72%
Market cap₹115.20 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Sundrex Oil Company IPO | — | - | — | — |
| Shanti Inorganic IPO | — | 16.63 x | — | — |
| Devson Catalyst IPO | — | 12.81 x | — | — |
| Biopol Chemicals IPO | — | 14.58 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| To meet working capital Expenses | ₹20.87 Cr |
| To meet capital expenditure | ₹0.73 Cr |
| General Corporate Purposes | ₹4.52 Cr |
| Prepayment and repayment of all or a portion of certain secured and unsecured loan | ₹2.58 Cr |
| Issue Expenses | ₹3.55 Cr |
| Total | ₹32.25 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Affinity Global Capital Market...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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