Sundrex Oil Company Performance Analyzed
Sundrex Oil Company’s stock, which was first sold on the stock exchange, has seen some ups and downs since its launch. Currently, the stock is trading at Rs 65.40, which is 23.95% lower than the price it was offered at when it first went on sale. This means investors paid Rs 86 for each share, but now they’re getting only Rs 65.40 for each share.
Key Points
- Stock down 5% since listing at Rs 68.80.
- Currently trading at Rs 65.40 – 23.95% discount.
- IPO subscribed 1.50 times, indicating strong initial demand.
- Company uses funds for working capital, capital expenditure, and loans.
- Mainly sells to businesses (B2B) – 99% of sales.
- Revenue reached Rs 18.71 crore, with a profit of Rs 1.94 crore.
The stock first started trading at Rs 68.80, which was also a 20% discount to the initial price that the company asked for. In just a short time, the price has dropped by 5%. A lot of shares – 16,000 – were bought and sold during this time.
Sundrex Oil Company started selling its stock through an Initial Public Offering (IPO) on December 22nd, 2025, and it finished on December 24th, 2025. The company was selling 37.5 million shares at a price between Rs 81 and Rs 86. The money raised from the IPO will be used to help the company with its day-to-day operations, invest in new projects, and pay off some debts.
Sundrex Oil Company makes and sells lubricants, greases, and other products for businesses and regular customers across India. Most of its business comes from selling to other companies – about 99% of what they sell – while only 1% comes from selling directly to people.
They create different kinds of lubricants like those used in cars, machinery, transformers, and metalworking, and they also make products like road-building materials. As of June 30th, 2025, the company had around 73 employees.
The company made Rs 18.71 crore in sales and earned Rs 1.94 crore in profit for the period ending June 30th, 2025.
Understanding Sundrex Oil’s initial performance highlights the importance of diligent monitoring in the volatile stock market.
