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Sundrex Oil's SME IPO opens Dec. 22, raising ₹32.25 crore via 37.5 lakh shares at ₹81–85.
Sundrex Oil Company Ltd. is launching its SME IPO on December 22, 2025, offering 37.50 lakh shares at ₹81–₹85 to raise ₹32.25 crore.
The issue closes December 24, with shares set to list on NSE Emerge December 30.
Proceeds will fund working capital, capital expenditure, and general corporate needs.
The company, founded in 2010, reported a net profit of ₹5.45 crore for FY2024–25, up 112% from the prior year.
Retail investors are allocated about 59% of the issue, with a minimum application of two lots.
The IPO is managed by Affinity Global Capital Markets, with Cameo Corporate Services as registrar.
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El SME IPO de Sundrex Oil se abre el 22 de diciembre, recaudando ₹ 32.25 crore a través de 37.5 lakh acciones a ₹ 81 85.