Sundrex Oil Company Ltd - IPO

Sundrex Oil Company Ltd IPO Details

Initial public offer of upto 37,50,400* equity shares of face value of Rs. 10/- each (Equity Shares) of Sundrex Oil Company Limited (The Company) for cash at a price of Rs. [*] per equity share (Including Share Premium of Rs. [*] per Equity Share) (Offer Price), aggregating up to Rs. [*] crores comprising a fresh issue of up to 37,50,400 equity shares aggregating up to Rs. [*] crores by the company (The Offer) of which upto [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker to the offer (The Market Maker Reservation Portion). The offer less market maker reservation portion i.e., net offer of upto [*] equity shares at an offer price of Rs. [*] per equity share aggregating to Rs. [*] crores is hereinafter referred to as the Net Offer. The offer and the net offer will constitute [*] % and [*] %, respectively of the post offer paid up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company. * Subject to finalization of basis of allotment.

Objective of issue

To meet working capital expenses. To meet capital expenditure. General corporate purposes.

Sundrex Oil Company Ltd Contact Details

Sundrex Oil Company Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - cs@sundrex.co

Website - www.sundrex.com