What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Sundrex Oil Company Limited IPO allotment date?

The basis of allotment for Sundrex Oil Company Limited IPO is scheduled to be finalized on 26 Dec 2025.

Where can I check Sundrex Oil Company Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Cameo Corporate Services Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 27 Dec 2025.

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Grey Market Intelligence

Sundrex Oil Company Limited

ListedSME

Manufacturing / Chemicals & Lubricants · NSE

Sundrex Oil Company Limited, incorporated in 2010, manufactures and wholesales industrial and automotive lubricants, greases, and specialty products for customers in India and nearby countries. The company offers a wide product range including hydraulic oil, gear oil, diesel engine oils, transformer oil, rust preventive oil, and refrigeration oil, sold under its own brand as well as through contract manufacturing arrangements such as toll blending, packaging, and labeling services. As of June 30, 2025, the company employed 73 people across its operations.

Price Band

₹81 – ₹86

Issue Size

₹32.25 Cr

Lot Size

1600 shares

GMP

—

Est. Listing

₹86

at current GMP

Subscribed

1.59x

overall

Open

22 Dec 2025

24 Dec 2025

Allotment

26 Dec 2025

Refund

27 Dec 2025

Demat Credit

28 Dec 2025

Listing

30 Dec 2025

Last updated 10 months ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Sundrex Oil Company Limited Allotment Status

Designated Registrar: Cameo Corporate Services Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

26 Dec 2025

Basis finalization

Refunds Initiate

27 Dec 2025

Mandate release

Demat Credit

28 Dec 2025

Shares in demat

Listing Debut

30 Dec 2025

Trading begins

About Sundrex Oil Company Limited Public Issue & Market Profile

Sundrex Oil Company Limited is bringing an initial public offering (IPO) in the Manufacturing / Chemicals & Lubricants sector with an aggregate issue size of ₹32.25 Crores. The shares are offered at a price band of ₹81 to ₹86 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2025-12-24, the basis of allotment is scheduled to be finalized on 2025-12-26. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.