Stallion India Fluorochemicals Limited IPO (Stallion India IPO) Detail
Stallion India IPO is a book built issue of Rs 199.45 crores. The issue is a combination of fresh issue of 1.79 crore shares aggregating to Rs 160.73 crores and offer for sale of 0.43 crore shares aggregating to Rs 38.72 crores.
Stallion India IPO bidding started from January 16, 2025 and ended on January 20, 2025. The allotment for Stallion India IPO was finalized on Tuesday, January 21, 2025. The shares got listed on BSE, NSE on January 23, 2025.
Stallion India IPO price band is set at ₹90 per share. The minimum lot size for an application is 165. The minimum amount of investment required by retail investors is ₹14,025. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹14,850. The minimum lot size investment for sNII is 14 lots (2,310 shares), amounting to ₹2,07,900, and for bNII, it is 68 lots (11,220 shares), amounting to ₹10,09,800.
Sarthi Capital Advisors Private Limited is the book-running lead manager of the Stallion India IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Stallion India IPO RHP for detailed information.
Stallion India Fluorochemicals Limited Stock Quote & Charts
- Open: ₹70.99
- High – Low: ₹72.65 – ₹66.69
- Previous Close: ₹70.61
- Total Traded Value: 7,42,954.00
- 52 Weeks High: ₹126.00 (Jan 23, 2025)
- 52 Weeks Low: ₹60.00 (Mar 03, 2025)
- Updated On: Mar 28, 2025 4:00 PM
Stallion India IPO Details
IPO Date | January 16, 2025 to January 20, 2025 |
Listing Date | January 23, 2025 |
Face Value | ₹10 per share |
Issue Price | ₹90 per share |
Lot Size | 165 Shares |
Total Issue Size | 2,21,61,396 shares (aggregating up to ₹199.45 Cr) |
Fresh Issue | 1,78,58,740 shares (aggregating up to ₹160.73 Cr) |
Offer for Sale | 43,02,656 shares of ₹10 (aggregating up to ₹38.72 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share Holding Pre Issue | 6,14,66,514 shares |
Share Holding Post Issue | 7,93,25,254 shares |
Stallion India IPO Reservation
Stallion India IPO offers 2,21,61,396 shares. 44,32,279 (20%) to QIB, 33,24,210 (15%) to NII, 77,56,489 (35%) to RII and 66,48,418 (30%) to Anchor investors.
Investor Category | Shares Offered | Maximum Allottees |
---|---|---|
Anchor Investor Shares Offered | 66,48,418 (30%) | NA |
QIB Shares Offered | 44,32,279 (20%) | NA |
NII (HNI) Shares Offered | 33,24,210 (15%) | |
bNII > ₹10L | 22,16,140 (10%) | 959 |
sNII < ₹10L | 11,08,070 (5%) | 479 |
Retail Shares Offered | 77,56,489 (35%) | 47,009 |
Total Shares Offered | 2,21,61,396 (100%) |
Stallion India IPO Anchor Investors Details
Stallion India IPO raises Rs 59.84 crore from anchor investors. Stallion India IPO Anchor bid date is January 15, 2025. Stallion India IPO Anchor Investors list
Bid Date | January 15, 2025 |
Shares Offered | 66,48,418 |
Anchor Portion Size (In Cr.) | 59.84 |
Anchor lock-in period end date for 50% shares (30 Days) | February 20, 2025 |
Anchor lock-in period end date for remaining shares (90 Days) | April 21, 2025 |
Stallion India IPO Timeline (Tentative Schedule)
Stallion India IPO opens on January 16, 2025, and closes on January 20, 2025.
IPO Open Date | Thu, Jan 16, 2025 |
IPO Close Date | Mon, Jan 20, 2025 |
Tentative Allotment | Tue, Jan 21, 2025 |
Initiation of Refunds | Wed, Jan 22, 2025 |
Credit of Shares to Demat | Wed, Jan 22, 2025 |
Tentative Listing Date | Thu, Jan 23, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on January 20, 2025 |
Stallion India IPO Lot Size
Investors can bid for a minimum of 165 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 165 | ₹14,850 |
Retail (Max) | 13 | 2145 | ₹1,93,050 |
S-HNI (Min) | 14 | 2,310 | ₹2,07,900 |
S-HNI (Max) | 67 | 11,055 | ₹9,94,950 |
B-HNI (Min) | 68 | 11,220 | ₹10,09,800 |
Lot Size Calculator |
Stallion India IPO Promoter Holding
Share Holding Pre Issue | 94.63% |
Share Holding Post Issue | 67.90% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
About Stallion India Fluorochemicals Limited
Incorporated in 2002, Stallion India Fluorochemicals Limited is engaged in the business of selling Refrigerant and Industrial Gases and related products. The company’s primary business includes debulking, blending and processing Refrigerant and Industrial gases, and selling of pre-filled cans and small Cylinders/ Containers.
The company has four Plants in Khalapur, Raigad (Maharashtra), Ghiloth, Alwar (Rajasthan), Manesar, Gurugram (Haryana) and Panvel, Raigad (Maharashtra).
Stallion India Fluorochemicals Limited (Stallion) deals in gases that are broadly classified as Fluorochemicals. They are majorly used as refrigerants. Stallion’s products such as gases are used in various industries, including semiconductor manufacturing, automotive, electronics, pharmaceuticals, healthcare, fire extinguishers, spray foam, glass bottle making, and aerosol production.
Competitive Strengths:
- Strong Market recognition
- Business model and ability to mitigate operational risk
- Customer base across high growth industries and long-standing relationships with customers
- Experienced Promoter and Key Managerial Personnel
- Track record of consistent financial performance
- Plants
Company Financials
Stallion India Fluorochemicals Limited Financial Information (Restated)
Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 235.69 | 203.14 | 126.18 | 98.01 |
Revenue | 141.53 | 236.23 | 226.06 | 186.34 |
Profit After Tax | 16.57 | 14.79 | 9.75 | 21.11 |
Net Worth | 134.53 | 117.96 | 70.7 | 60.94 |
Total Borrowing | 81.05 | 65.35 | 18.27 | 1.97 |
Amount in ₹ Crore |
Key Performance Indicator (KPI)
The market capitalization of Stallion India IPO is Rs 713.93 Cr.
KPI as of Sun, Mar 31, 2024.
KPI | Values |
---|---|
ROE | 12.54% |
ROCE | 13.96% |
Debt/Equity | 0.55 |
RoNW | 12.54% |
PAT Margin | 6.26 |
Price to Book Value | 4.69 |
Pre IPO | Post IPO | |
---|---|---|
EPS (Rs) | 2.41 | 4.18 |
P/E (x) | 37.41 | 21.55 |
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.
Objects of the Issue (Stallion India IPO Objectives)
The net proceeds of the Fresh Issue:
- Funding incremental working capital requirements of the Company.
- Funding capital expenditure requirements for our Semi-conductor & Specialty Gas debulking & blending facility (“Khalapur, Maharashtra”).
- Funding capital expenditure requirements for our Refrigerant debulking & blending facility (“Mambattu, Andhra Pradesh”).
- General Corporate Purposes.
Stallion India IPO Review (Apply)
[Dilip Davda] The company is engaged in the business of variety of refrigerant and industrial gases. It has created a niche place in the segment with quality and economical products. With a major shift in increasing its offerings, it has focused on high margin products. With its planned strategy it will stay ahead of curve and the management is confident of improving its earnings. Based on its recent financial performance, the issue appears reasonably priced. Investors may park funds for medium to long term. Read detail review…
Stallion India IPO Subscription Status (Bidding Detail)
The Stallion India IPO is subscribed 188.32 times on January 20, 2025 6:19:09 PM (Day 3). The public issue subscribed 96.81 times in the retail category, 172.93 times in the QIB category, and 422.35 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) | Shares Offered | Shares bid for |
---|---|---|---|
QIB | 172.93 | 44,32,279 | 76,64,65,095 |
NII | 422.35 | 33,24,210 | 1,40,39,93,910 |
bNII (bids above ₹10L) | 472.89 | 22,16,140 | 1,04,79,82,155 |
sNII (bids below ₹10L) | 321.29 | 11,08,070 | 35,60,11,755 |
Retail | 96.81 | 77,56,489 | 75,09,19,290 |
Total | 188.32 | 1,55,12,978 | 2,92,13,78,295 |
Total Application : 50,83,342
Stallion India IPO Prospectus
Stallion India IPO Listing Details
Listing Date | January 23, 2025 |
BSE Script Code | 544342 |
NSE Symbol | STALLION |
ISIN | INE0RYC01010 |
Final Issue Price | ₹90 per share |
Listing Day Trading Information
Price Details | BSE | NSE |
---|---|---|
Final Issue Price | ₹90.00 | ₹90.00 |
Open | ₹120.00 | ₹120.00 |
Low | ₹120.00 | ₹120.00 |
High | ₹125.99 | ₹126.00 |
Last Trade | ₹125.99 | ₹126.00 |
Check IPO Performance…
Stallion India Fluorochemicals Limited Contact Details
Stallion India Fluorochemicals Limited
2, A Wing, Knox Plaza,
Off. Link Road, Mindspace,
Malad – (West), Mumbai – 400064
Phone: 022-43510000
Email: compliance@stallion.in
Website: https://stallionfluorochemicals.com/
Stallion India IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html