30/12/2025, 10:20:03 am

Sundrex Oil's shares list below SME IPO price due to weak debut

Sundrex Oil Company's shares listed at Rs 68.80, a 20% discount over its SME IPO price of Rs 86. The company listed with a market capitalization of Rs 92.15 crore, following its fully subscribed three-day IPO that raised Rs 32 crore. The IPO was backed by strong retail investor interest, booking its reserved portion nearly twice over.