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Sundrex Oil Day 1: Latest GMP, subscription status, listing date & other details about SME IPO

December 22, 2025

Sundrex Oil IPO in Focus Today: The IPO of Sundrex Oil, which opened today for bidding, has received a healthy response from investors, with the issue being subscribed 0.41 times as of 2:00 PM. The issue received bids for 14.68 lakh shares against 35.61 lakh shares on offer. Segment-wise, the non-institutional investor category was subscribed 0.15 times, while the retail portion was subscribed 0.60 times.

Sundrex Oil Day 1: Latest GMP, subscription status, listing date & other details about SME IPO

Credit: Livemint

Key Highlights

The Qualified Institutional Buyer (QIB) category has not yet opened for bidding, according to exchange data.
The company proposes to utilize the net proceeds from the IPO to meet working capital requirements and for general corporate purposes.
1.
Sundrex Oil IPO date: The issue opened for subscription today, December 22, and will remain open until December 24.
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Sources

Sundrex Oil Day 1: Latest GMP, subscription status, listing date & other details about SME IPO

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Sundrex Oil Day 1: Latest GMP, subscription status, listing date & other details about SME IPO

Key Highlights

Sources

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