Sundrex Oil Company's shares debuted on the NSE at a discount, trading at Rs 65.40, down 23.95% from its issue price of Rs 86. The IPO, which was subscribed 1.50 times, aimed to raise funds for working capital, capital expenditure, and loan repayment. The company manufactures and wholesales lubricants and industrial products, with revenue primarily from the B2B sector. For the period ending June 30, 2025, Sundrex Oil reported revenue of Rs 18.71 crore and a net profit of Rs 1.94 crore.