Business

Sundrex Oil Company Ltd.’s Rs. 32.25 crore SME IPO to open for Subscription on December 22, 2025

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Mumbai (Maharashtra) [India], December 17: Established in 2010, Sundrex Oil Company Limited is a manufacturer and wholesaler of high-performance industrial and automotive lubricants, greases, and speciality products serving industries in India and neighbouring countries. The company is poised for its initial public offering (IPO), with plans to raise INR 32.25 crores by issuing 37,50,400 lakh new shares.

For its SME Initial Public Offering (IPO), Sundrex Oil Company has established a price band of Rs 81 to Rs 86 per share. The company’s…

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