Description

Sundrex Oil Company Limited's equity shares to be listed on NSE EMERGE SME Platform with effect from December 30, 2025 in Trade for Trade Surveillance Segment.

Summary

National Stock Exchange of India has announced the listing of equity shares of Sundrex Oil Company Limited (Symbol: SOCL) on the NSE EMERGE SME Platform with effect from December 30, 2025. The security will initially trade in Series ‘ST’ (Trade for Trade Surveillance Segment with Settlement Type ‘W’) and will subsequently be shifted to Series ‘SM’ (Normal Rolling Segment). The IPO issue price is Rs. 86/- per share with a face value of Rs. 10/- and total securities of 13,393,552 equity shares.

Key Points

  • Company Symbol: SOCL
  • ISIN: INE0CTB01014
  • Face Value: Rs. 10/- per share
  • IPO Issue Price: Rs. 86/- per share
  • Total Securities: 13,393,552 equity shares
  • Distinctive Number Range: 1 to 13,393,552
  • Market Lot Size: 1,600 equity shares
  • Trading Series: Initially ST (Trade for Trade Surveillance Segment - TFTS), later to be shifted to SM (Normal Rolling Segment)
  • Settlement Type: ‘W’ initially, then ‘N’
  • Market Type: Continuous Market
  • Maximum Permissible Spread: Within 10%
  • Pre-open Session: Applicable for IPO category as per SEBI circular CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012

Regulatory Changes

No regulatory changes introduced. This circular implements existing NSE Capital Market Trading Regulations Part A (Regulation 3.1.1 and 2.5.5) for admitting new securities to trading on the EMERGE SME Platform.

Compliance Requirements

  • Members: Must note the designated security code (SOCL) and lot size (1,600 equity shares) for trading purposes
  • Trading Availability: Security will be available for trading in continuous market as per Exchange Circular No. NSE/CMTR/37202 dated March 14, 2018
  • Lock-in Details: As per Annexure I (specific shares with distinctive numbers have lock-in restrictions)
  • Market Maker: Sunflower Broking Private Limited appointed as market maker

Important Dates

  • Circular Date: December 29, 2025
  • Effective Date: December 30, 2025
  • Listing Date: December 30, 2025
  • Financial Year: April 2025 – March 2026

Impact Assessment

Market Impact: Low - This is a standard SME IPO listing on the EMERGE platform with limited market-wide implications. The security will trade in the Trade for Trade Surveillance Segment initially, indicating enhanced monitoring.

Operational Impact: Low - Routine listing procedure for NSE members dealing in SME securities. The lot size of 1,600 shares and initial TFTS placement are standard risk management measures for new SME listings.

Investor Impact: Medium for SME investors - New investment opportunity in the oil processing sector. Initial TFTS placement provides price discovery mechanism while limiting speculative activity. Investors should note the 1,600 share minimum lot size requirement.

Additional Information

Registered Office: 16 India Exchange Place, 3rd Floor, Room No.- 14, Kolkata - 700001

Corporate Office: 33/1, Netaji Subhas Road, Marshall House, 8th Floor, Room No. 846, Kolkata – 700001, West Bengal

Company Secretary: Ms. Akansha Lakhani (cs@sundrex.co, +91 8335073185)

Registrar & Transfer Agent: Cameo Corporate Services Limited, Chennai (priya@cameoindia.com, +91 40 6716 2222)

Market Maker: Sunflower Broking Private Limited, Rajkot (info@sunflowerbroking.com, +91 8905359995)

Lock-in Shares (as per Annexure I):

  • 3,827,315 shares (Distinctive Nos. 1 to 3,827,315)
  • 3,138,307 shares (Distinctive Nos. 3,827,316 to 6,965,622)
  • 2,679,130 shares (Distinctive Nos. 6,965,623 to 9,644,752)
  • 3,748,800 shares (Distinctive Nos. 9,644,753 onwards)
  • Total locked-in: 13,393,552 shares

Impact Justification

Standard SME IPO listing on EMERGE platform with trade-for-trade surveillance measure, limited market-wide impact