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Sundrex Oil's SME IPO, fully subscribed, raised ₹32.25 crore for growth and listed on NSE Emerge.
Sundrex Oil's SME IPO, which closed on December 24, 2025, was fully subscribed with an overall demand of 1.51 times, and the retail segment oversubscribed 1.90 times.
The issue, offering 37.5 lakh shares at ₹81–86 each, raised ₹32.25 crore for working capital, debt repayment, and expansion.
The company, based in Kolkata, reported profits of ₹5.4 crore in FY25 and ₹1.9 crore by June 2025, with revenue rising to ₹67.2 crore.
Shares are set to list on NSE Emerge.
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El SME IPO de Sundrex Oil, suscrito por completo, recaudó ₹ 32.25 crore para el crecimiento y se cotizó en NSE Emerge.