Retail Investors Drive Successful Closure of Sundrex Oil SME IPO
Sundrex Oil Company Limited has successfully closed its SME IPO with an overall subscription of 1.51 times on the final day of the issue, reflecting positive investor sentiment. The retail portion of the issue emerged as the key driver, witnessing an oversubscription of 1.90 times. Bids were received for 39,71,200 equity shares in the retail…

