Initial public offer of upto 37,50,400 equity shares of face value of Rs. 10/- each ("equity shares") of Sundrex Oil Company Limited ("the company") for cash at a price of Rs. 86/- per equity share (including share premium of Rs. 76/- per equity share) ("offer price"), aggregating up to Rs. 32.25 crores comprising a fresh issue of up to 37,50,400 equity shares aggregating up to Rs. 32.25 crores by the company ("the offer") of which upto 1,88,800 equity shares aggregating to
Rs.1.62 crores will be reserved for subscription by market maker to the offer (the "market maker reservation portion"). The offer less market maker reservation portion i.e., net offer of upto 35,61,600 equity shares at an offer price of Rs. 86/- per equity share aggregating to Rs. 30.63 crores is hereinafter referred to as the "net offer". The offer and the net offer will constitute 28% and 26.58 %, respectively of the post offer paid up equity share capital of the company.
The face value of equity shares is Rs.10/- each. The offer price is 8.6 times the face value of the equity shares.
Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
22-Dec-2025
24-Dec-2025
₹ 86.00
₹ 0.00
Minimum Application for shares in Nos : 3200.0 Further Multiples of : 1600.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
28.71
Affinity Global Capital Market Pvt Ltd
Project Financed through Current Offer
32.25
Post Issue Equity Share Capital
13.40
Issue Price
₹86.00
Projects
Funding incremental working capital requirements of the Company
Funding for Capital Expenditure
General corporate purposes
Prepayment and repayment of all or a portion of certain secured and unsecured loan