Sundrex Oil Company IPO — Listing Performance

Sundrex Oil Company IPO facts & figures

Issue categorySME
Issue open date22 Dec 2025
Listing date30 Dec 2025
Overall subscription1.51x
Issue price₹86
Listing-day close₹65.40 (-23.95%)
Recent market price₹29 (-66.28% vs issue)
52-week range₹24.15 – ₹65.40
IdentifiersNSE: SOCL · ISIN: INE0CTB01014

How the listing went

Sundrex Oil Company listed at a discount, closing its first day 23.95% below the issue price, on tepid subscription of 1.51x.

Sundrex Oil Company against every other debut on record

  • Rank in 2025: 205 of 215 NSE debuts, on a -23.95% first-day close.
  • 6th percentile of 116 SME debuts in 2025 (median 6.52%).
  • 23rd of 24 debuts in December 2025.
  • Subscribed 1.51x: 13th percentile of 165 SME issues with a figure; the 65 subscribed between 1 and 5 times closed day one a median -1.34%.
  • Opened 20% below issue, then gave up 3.95 points to the close.
  • Day-one range ₹65.40 to ₹68.80: a 3.95% swing on the issue price.
  • Last close ₹29 (11 Sep 2026): 66.28% below issue, against -23.95% on day one.
  • 12% up its 52-week range of ₹24.15 to ₹65.40.
  • Priced at the top of the ₹81 to ₹86 band.
  • Listed 6 calendar days after close.
  • All 601 SME debuts on record: median 14.22%, 79% closed above issue.

Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources

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