Initial public offer of upto 37,48,800 equity shares of face value of Rs. 10/- each ("Equity Shares") of Sundrex Oil Company Limited ("the Company" or "the Issuer") of which fresh issue of 37,48,800 equity shares for cash at a price of Rs. 81-Rs. 86 per equity share (including share premium of Rs. 71-Rs. 76 per equity share) ("Offer Price"), aggregating up to Rs. 30.37-Rs. 32.24 crores (the "Offer"), of which 1,88,800 equity shares of face value of Rs. 10/- each for cash at an offer price Rs. 81-Rs. 86 per equity share aggregating to Rs. 1.53-Rs.1.62 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e., net offer of upto 35,60,000 equity shares of face value of Rs. 10/- each for cash at an at an offer price of Rs. 81-Rs. 86/- per equity share aggregating to Rs. 28.84-Rs. 30.62 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 28% and 26.59 %, respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs.10/- each. The offer price is 8.6 times the face value of the equity shares. Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.