Avience Biomedicals IPO vs Sundrex Oil IPO

Comparison between Avience Biomedicals IPO and Sundrex Oil IPO.

IPO Details

Avience Biomedicals IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sundrex Oil IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Avience Biomedicals IPO is up to ₹28.53 Cr whereas the issue size of the Sundrex Oil IPO is up to ₹30.62 Cr. The final issue price of Avience Biomedicals IPO is ₹208.00 per share and of Sundrex Oil IPO is ₹86.00 per share.

 Avience Biomedicals IPOSundrex Oil IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹196.00 per share₹81.00 per share
Issue Price (Upper)₹208.00 per share₹86.00 per share
Issue Price (Final)₹208.00 per share₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size600 shares1600 shares
Fresh Issue Size13,71,600 shares35,60,000 shares
Fresh Issue Size (Amount)up to ₹28.53 Crup to ₹30.62 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,71,600 shares35,60,000 shares
Issue Size Total (Amount)up to ₹28.53 Crup to ₹30.62 Cr

IPO Timetable

Avience Biomedicals IPO opens on Jun 18, 2026, while Sundrex Oil IPO opens on Dec 22, 2025. The closing date of Avience Biomedicals IPO and Sundrex Oil IPO is Jun 22, 2026, and Dec 24, 2025, respectively.

 Avience Biomedicals IPOSundrex Oil IPO
Anchor Bid DateJun 17, 2026
Issue OpenJun 18, 2026Dec 22, 2025
Issue CloseJun 22, 2026Dec 24, 2025
Basis Of Allotment (Tentative)Jun 23, 2026Dec 26, 2025
Initiation of Refunds (Tentative)Jun 24, 2026Dec 29, 2025
Credit of Share (Tentative)Jun 24, 2026Dec 29, 2025
Listing date (Tentative)Jun 25, 2026Dec 30, 2025
Anchor Lockin End date 1Jul 23, 2026
Anchor Lockin End date 2Sep 21, 2026

Financials & KPIs

Avience Biomedicals IPO P/E ratio is 11.59, as compared to Sundrex Oil IPO P/E ratio of 10.69.

 Avience Biomedicals IPOSundrex Oil IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Jan 202631 Mar 202531 Mar 2024
Assets66.0756.5234.65
Total Income41.9445.9724.37
Profit After Tax5.747.232.14
EBITDA10.3411.414.08
NET Worth28.5222.786.21
Reserves and Surplus24.4918.752.93
Total Borrowing26.7322.1615.13
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets40.2138.4324.1514.93
Total Income19.1869.1249.1927.79
Profit After Tax1.945.442.570.40
EBITDA3.119.195.131.99
NET Worth17.2215.283.961.39
Reserves and Surplus7.575.632.970.41
Total Borrowing17.1317.3813.639.80
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)87.89%100%
Promoter Shareholding (Post-Issue)64.59%72%
P/E Ratio11.5910.69
Market Cap₹114.09 Cr.₹115.20 Cr.
ROE50.1435.63
ROCE24.8427.03
Debt/Equity0.971.14
EPS₹17.94₹8.04
RoNW49.8935.63

Shares Offered

In the Avience Biomedicals IPO Retail Individual Investors (RII) are offered 4,81,200 shares while in Sundrex Oil IPO retail investors are offered 4,81,200 shares. Qualified Institutional Buyers (QIB) are offered 2,73,600 shares in Avience Biomedicals IPO and 75,200 shares in Sundrex Oil IPO.

 Avience Biomedicals IPOSundrex Oil IPO
Anchor Investor Reservation4,09,800 shares0 shares
Market Maker Reservation82,200 shares1,88,800 shares
QIB2,73,600 shares75,200 shares
NII2,07,000 shares13,96,800 shares
RII4,81,200 shares20,89,600 shares
Employee0 shares0 shares
Others
Total13,71,600 shares35,61,600 shares

Bids Received (Subscription)

Avience Biomedicals IPO subscribed 270.19x in total, whereas Sundrex Oil IPO subscribed 1.53x.

 Avience Biomedicals IPOSundrex Oil IPO
QIB (times)196.77x1.00x
NII (times)597.23x1.01x
Big NII (times)670.18x0.97x
Small NII (times)451.35x1.10x
RII (times)401.36x1.90x
Employee (times)
Other (times)
Total (times)270.19x1.53x

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