Archive · 19 Dec 2025
Two Companies Launch IPOs on NSE Emerge
Two companies, Sundrex Oil and Shyam Dhani Industries, are launching their IPOs on December 22, 2025.
Sundrex Oil, which makes industrial and automotive lubricants, is selling shares for Rs 81-85 each to raise Rs 32.25 crore.
Shyam Dhani Industries, a spice maker, is selling shares for ₹65-₹70 each to raise ₹38 crore.
Both companies will use the money for their business needs, like buying new equipment and expanding their operations.
Sundrex Oil's shares will be listed on NSE Emerge by December 30, 2025.
Shyam Dhani Industries plans to use the funds to repay some debt, buy new machinery, and set up solar rooftop plants.
Both companies are growing and want to expand their market presence.
Sundrex Oil Company's IPO opens on December 22, 2025, with a price band of Rs 81-85 per share.
Shyam Dhani Industries' IPO opens on December 22, 2025, with a price band of ₹65-₹70 per share.
Sundrex Oil aims to raise Rs 32.25 crore through the sale of 37,50,400 equity shares.
Shyam Dhani Industries aims to raise ₹38 crore through the sale of 54.98 lakh equity shares.
Proceeds from both IPOs will be used for working capital, capital expenditure, and general corporate purposes.
- Who
- Sundrex Oil Company and Shyam Dhani Industries
- What
- Initial Public Offerings (IPOs)
- When
- December 22, 2025
- Where
- NSE Emerge
- Why
- To raise funds for working capital, capital expenditure, and general corporate purposes
- IPO Opening Date (Sundrex)
- December 22, 2025
- IPO Closing Date (Sundrex)
- December 24, 2025
- Price Band (Sundrex)
- Rs 81-85 per share
- Issue Size (Sundrex)
- Rs 32.25 crore
- Total Shares Offered (Sundrex)
- 37,50,400 equity shares
- Listing Exchange (Sundrex)
- NSE Emerge
- Tentative Listing Date (Sundrex)
- December 30, 2025
- Market Capitalization (Sundrex)
- Rs 115.20 crore
- IPO Opening Date (Shyam Dhani)
- December 22, 2025
- Price Band (Shyam Dhani)
- ₹65-₹70 per share
- Issue Size (Shyam Dhani)
- ₹38 crore
- Total Shares Offered (Shyam Dhani)
- 54.98 lakh equity shares
- Lead Manager (Shyam Dhani)
- Holani Consultants
- Registrar (Shyam Dhani)
- Bigshare Services
- New Land Purchase (Shyam Dhani)
- Madhya Pradesh
Sources
Sundrex Oil Company IPO opens on December 22; check price bands, issue size, GMP & more
Sundrex Oil Company Ltd.’s Rs. 32.25 crore SME IPO to open for Subscription on December 22, 2025
Shyam Dhani Industries to raise ₹38 crore via IPO on NSE Emerge
Shyam Dhani SME IPO From December 22
