m.Stock by Mirae AssetOpen Demat Account
m.Stock by Mirae Asset
Sundrex Oil Company Ltd IPO Day 2 Subscription Status

Sundrex Oil Company Ltd

IPO Day 2 Subscription Status

Sundrex Oil Company Ltd IPO Day 2 Subscription Status

Table of content

Sundrex Oil Company Ltd IPO Day 2 Subscriptions Status: Check Bidding Details

Summary of IPO:

Sundrex Oil Company Ltd IPO consists of a fresh issue of ₹32.25. The IPO’s price band is ₹81 – ₹86 per share. The company’s shares will be listed on NSE - SME on 30 Dec 25

The initial public offering of Sundrex Oil Company Ltd ended the second day with investors bidding 0.9735 times the available shares. The retail investor portion of the IPO was subscribed 1.2144 times the available shares on offer. Retail investors have 2,089,600/3,750,400 (55.72%) shares of the total issue reserved for them.

At the end of bidding on day 2, the qualified institutional buyers 75,200/3,651,200 (2.06%) portion of the IPO got bids for 1.0 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non institutional investors quota got bids for 0.6549 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here are the key details of Sundrex Oil Company Ltd IPO

Fresh issue: 32.25 

Price Band: ₹81 – ₹86 per share 

Bid open dates: 22 Dec 25 

Allotment date: 26 Dec 25 

Listing date: 30 Dec 25

More Related Articles

What is Minimum Subscription in IPO?

What is Minimum Subscription in IPO?

date-icon24 December 2025 | 10 mins read

When you follow Initial Public Offerings, one detail you will frequently come across is: minimum subscription. This requirement is a fundamental part of the IPO process and plays a major role in ensuring fairness, transparency and adequate funding for companies looking to raise capital from the public. As an investor, understanding minimum subscription for an IPO helps you assess the strength of an issue and understand what happens behind the scenes before a company gets listed on the stock exchanges.

Read More
 ASBA Explained: Your Complete Guide to the IPO Application Process

ASBA Explained: Your Complete Guide to the IPO Application Process

date-icon24 December 2025 | 10 mins read

When you participate in an Initial Public Offering (IPO), your application must follow a process that secures your funds while allowing the issuer to complete allotment in an organised manner. This is where ASBA plays a central role. Before this framework, retail investors had to rely on refund procedures, which often delayed the return of unallotted funds. With ASBA, you can apply for an IPO while keeping your money blocked in your bank account until allotment. The approach is designed to offer transparency, reduce manual intervention, and streamline settlement for both investors and issuers. Understanding how the Application Supported by Blocked Amount (ASBA) operates helps you apply more efficiently and maintain control over your funds throughout the process. 

Read More
What is a BRLM (Book Running Lead Manager)?

What is a BRLM (Book Running Lead Manager)?

date-icon24 December 2025 | 15 mins read

When you explore the process of taking a company public, you will encounter several specialised roles that guide the transition from private to public status. Among them, the Book Running Lead Manager (BRLM) plays a central part in shaping the public offer, assessing market conditions, and ensuring that the issue is handled with clarity and structure. You interact with multiple stakeholders during an Initial Public Offering (IPO), and the BRLM becomes your primary link between the company, market participants, and regulatory authorities. By understanding how it operates, you gain clearer insight into the steps that influence price discovery, investor communication, and overall execution of the offering.

Read More
View All