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.

What is the current subscription status of Sundrex Oil Company Limited IPO?

Sundrex Oil Company Limited IPO has received a total subscription of 1.59 times overall.

IPO GreyPremiumLIVE

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

1.59x

Total Demand

QIB Multiplier

1.00x

Institutions & Funds

NII / HNI

1.15x

High Net-Worth

Retail (RII)

1.90x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.59x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	75,200	75,200	1.00x
NIB	1,396,800	1,600,000	1.15x
HNIs(10L +)	931,200	1,088,000	1.17x
HNIs (2-10L)	465,600	512,000	1.10x
RETAIL	2,089,600	3,971,200	1.90x
Total	4,958,400	7,246,400	1.59x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.60x

Category	Applications Reserved	Applications Received	Times Subscribed
QIB	—	1	0.00x
NIB	—	134	0.00x
RETAIL	653	1,241	1.90x
HNIs(10L +)	194	37	0.19x
HNIs (2-10L)	97	97	1.00x
Total Applications	944	1,510	1.60x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is Sundrex Oil Company Limited IPO GMP today?

Currently, Sundrex Oil Company Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹81 to ₹86 per equity share.

What is the expected profit per lot for Sundrex Oil Company Limited IPO?

The retail lot size is 1600 shares requiring a minimum application amount of ₹1,37,600. Expected listing price is ₹86 per equity share.

What is the issue size and price band for Sundrex Oil Company Limited IPO?

The Sundrex Oil Company Limited IPO aggregate issue size is ₹32.25 Crores with an equity price band set at ₹81 to ₹86 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,37,600.

How can I check Sundrex Oil Company Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.59x (Retail: 1.90x, QIB: 1.00x, NII: 1.15x). You can track live multiples directly on our dedicated subscription page.

Where and when will Sundrex Oil Company Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2025-12-26. Investors can verify status using PAN card or application number.

When is the listing date for Sundrex Oil Company Limited IPO?

Sundrex Oil Company Limited shares are scheduled to list on NSE on 2025-12-30.