Sundrex Oil SME IPO Subscription Status
Sundrex Oil SME IPO closed on 24 December 2025 with an overall subscription of 1.59x based on shares applied. QIB demand came in at 1.00x, NII at 1.15x, and retail at 1.90x.
Allotment will be finalised on 26 December 2025. The stock is scheduled to list on NSE and BSE on 30 December 2025.
Issue Price
Rs 86.00
GMP Today
-
Overall Subscription
1.59x
Issue Size
₹30.63 Cr
Allotment Date
26 Dec 2025
Listing Date
30 Dec 2025
Sundrex Oil SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 86.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 64.67 L | Rs 64.67 L | 1.00x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 64.67 L | - |
| NII | Rs 12.01 Cr | Rs 13.76 Cr | 1.15x |
| bNII (above Rs 10L) | Rs 8.01 Cr | Rs 9.36 Cr | 1.17x |
| Corporate | - | Rs 1.84 Cr | - |
| Individual | - | Rs 7.51 Cr | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | Rs 4.00 Cr | Rs 4.40 Cr | 1.10x |
| Corporate | - | - | - |
| Individual | - | Rs 4.40 Cr | - |
| Other | - | - | - |
| IND | Rs 17.97 Cr | Rs 34.15 Cr | 1.90x |
| Total | Rs 30.63 Cr | Rs 48.56 Cr | 1.59x |
Sundrex Oil SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 47 | 1 | 0.02x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 1 | - |
| NII | 291 | 134 | 0.46x |
| bNII (above Rs 10L) | 194 | 37 | 0.19x |
| Corporate | - | 3 | - |
| Individual | - | 34 | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | 97 | 97 | 1.00x |
| Corporate | - | - | - |
| Individual | - | 97 | - |
| Other | - | - | - |
| IND | 653 | 1,241 | 1.90x |
| Total | 991 | 1,376 | 1.39x |
What Do These Subscription Numbers Mean?
A subscription of 1.59x by shares means the IPO received bids for 2 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.00x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.00x, it reflects serious institutional conviction.
NII at 0.46x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 0.19x and sNII at 1.00x by applications. Share subscription was 1.15x. Allotment uses application count, not share volume.
At 1.90x subscription by applications, approximately 1 in 2 retail applicants can expect an allotment (~53% per application). Retail allotment is done by lottery when oversubscribed.
Sundrex Oil SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 1.90x.
- •Allotment odds: about 1 in 2 (~53% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 1.00x.
BHNI (above Rs 10 lakh)
- •Application subscription: 0.19x.
- •Share subscription was 1.17x. Allotment uses application count, not share volume.
Check the Sundrex Oil SME IPO Allotment Status page from 26 December 2025 for your allotment result.
Sundrex Oil SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 22 Dec 2025 | 0.00x | 0.66x | 1.00x | 0.85x |
| Day 2 - 23 Dec 2025 | 1.00x | 0.73x | 1.45x | 1.16x |
| Day 3 - 24 Dec 2025 | 1.00x | 1.01x | 1.90x | 1.53x |
Sundrex Oil SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 22 December 2025 |
| IPO Close Date | 24 December 2025 |
| Allotment Date | 26 December 2025 |
| Refund Initiation | 27 December 2025 |
| Share Credit to Demat | 27 December 2025 |
| Listing Date | 30 December 2025 |
| Minimum Investment | Rs 2,75,200.00 |
| Lot Size | 1600 shares |
About Sundrex Oil SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Sundrex Oil SME IPO Subscription FAQs
What is Sundrex Oil SME IPO subscription status today?
Sundrex Oil SME IPO subscription closed on 24 December 2025 with overall subscription of 1.59x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 1.00x, NII 0.46x, IND 1.90x.
What is the overall subscription of Sundrex Oil SME IPO?
Sundrex Oil SME IPO is subscribed 1.59x overall by shares at close on 24 December 2025. QIB 1.00x, NII 0.46x, and IND 1.90x.
What is Sundrex Oil SME IPO QIB subscription?
Sundrex Oil SME IPO QIB (Qualified Institutional Buyers) subscription is 1.00x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Sundrex Oil SME IPO IND subscription?
Sundrex Oil SME IPO IND subscription is 1.90x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Sundrex Oil SME IPO NII subscription?
Sundrex Oil SME IPO NII (Non-Institutional Investors) subscription is 0.46x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Sundrex Oil SME IPO for retail?
At 1.90x subscription by applications, approximately 1 in 2 retail applicants can expect an allotment (~53% per application). Allotment is done by lottery.
When is Sundrex Oil SME IPO allotment date?
Sundrex Oil SME IPO allotment date is 26 December 2025. Check Sundrex Oil SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Sundrex Oil SME IPO subscription close?
Sundrex Oil SME IPO subscription closed on 24 December 2025. No new applications are accepted after the close.
What is Sundrex Oil SME IPO GMP today?
GMP for Sundrex Oil SME IPO is not available yet. Track Sundrex Oil SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Sundrex Oil SME IPO issue price and lot size?
Sundrex Oil SME IPO issue price is ₹86 per share. Lot size is 1600 shares. Minimum investment is ₹2,75,200 per lot (minimum 2 lots for SME). Issue size: ₹30.63 Cr.
When is Sundrex Oil SME IPO listing date?
Sundrex Oil SME IPO listing date is 30 December 2025 on NSE and BSE. Allotment is on 26 December 2025.
How does subscription affect Sundrex Oil SME IPO allotment?
Allotment odds in Sundrex Oil SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 1.59x overall, competition is moderate.
For allotment results from 26 December 2025, visit the Sundrex Oil SME IPO Allotment Status page. For listing day updates on 30 December 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.