Stallion India Fluorochemicals Limited IPO
MainboardIndustrial Gases
Listed On: Jan 23, 2025 at ₹ 120.0(NSE)
₹ 14850 /165 Shares
Check AllotmentPrice Summary
Last Closing
79.94 (-11.18%)52 Week High
126.0052 Week Low
60.00Last Update
13-Jun-2025 3:30 PM16 Jan, 2025
Open Date20 Jan, 2025
Close Date21 Jan, 2025
Allotment Date23 Jan, 2025
Listing DateIssue Price
₹85-90 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdList Price
120.0(NSE)Listing Date
2025-01-23Market Lot
Retail : 165 Shares (₹14,850/-)S-HNI : 2,310 Shares (₹2,07,900/-)
B-HNI : 11,220 Shares (₹10,09,800/-)
Lead Manager
Sarthi Capital Advisors Private LimitedIssue Size
Total ₹199.45 Cr :#Fresh Issue : 1,78,58,740 shares(aggregating up to ₹160.73 Cr) +
#OFS : 43,02,656 shares of ₹10(aggregating up to ₹38.72 Cr)
Retail Portion
35% (Number of Retail Applications: 47,009 Approx),(Number of S-HNI Applications : 480 Approx),
(Number of B-HNI Applications : 959 Approx)
Subscription
188.37 timesStallion India Fluorochemical IPO Details
Stallion India Fluorochemical IPO is a book-built issue of ₹199.45 crores, The total issue size is ₹199.45 crores. The IPO of Stallion India Fluorochemical is priced at ₹85-90 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Jan 16, 2025 and ends on Jan 20, 2025. The allotment for Stallion India Fluorochemical IPO will be finalized on Jan 21, 2025. Stallion India Fluorochemical IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jan 23, 2025. The company shall list its equity shares on the BSE, NSE. Bigshare Services Pvt Ltd is the registrar of the issue.
Retail investors can bid for a minimum of 165 shares, extendable to 14,850. S-HNIs will be able to bid for 2,310 shares at ₹2,07,900, while B-HNIs can also apply for a bid of 11,220 shares at ₹10,09,800. The book-running lead manager for the IPO is/are Sarthi Capital Advisors Private Limited.
The total issue ₹199.45 crore, comprising a fresh issue of 1,78,58,740 shares ₹160.73 crore and an Offer for Sale (OFS) of 43,02,656 shares to mop up ₹38.72 crore.
The Stallion India Fluorochemical IPO sets its price band at 85-90 for each share. A single application for Stallion India Fluorochemicals Limited IPO must contain at least 165 shares. Sentiment investors need to invest a minimum of 165 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,850 In order to participate in the sNII, investors must purchase at least 14 lots of 2,310 shares for ₹2,07,900, while the bNII requires 68 lots of 11,220 shares for an investment of ₹10,09,800.
Stallion India Fluorochemical IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 44,32,279 | 33,24,210 22,16,140 11,08,070 | 77,56,489 | 1,55,12,978 |
| Day 1 - 16-01-25 05:00 PM | 0.04 x | 10.36 7.91 x 15.27 x | 9.69 x | 7.08 x |
| Day 2 - 17-01-25 05:00 PM | 0.31 x | 77.08 77.39 x 76.46 x | 31.03 x | 32.12 x |
| Day 3 - 20-01-25 05:00 PM | 172.93 x | 422.42 472.89 x 321.49 x | 96.90 x | 188.37 x |
Stallion India Fluorochemical Valuations
EPS Pre IPO
₹2.41/-EPS Post IPO
₹4.18/-P/E Pre IPO
37.41P/E Post IPO
21.55ROE
12.54%ROCE
13.96%Debt/Equity
0.55RoNW
12.54%PAT Margin
6.26Price to Book Value
4.69Stallion India Fluorochemical Company Financials All values are in ₹ Cr.
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| 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 |
About The Company
Stallion India Fluorochemicals Limited has been involved in the sale of Refrigerant and Industrial Gases and their derivatives since incorporation in 2002. Debukling, blending, and processing Refrigerant and Industrial gases with sale of pre-filled cans and small Cylinders/Containers forms the major part of its business.
It operates four Plants situated at Khalapur, Raigad (Maharashtra), Ghiloth, Alwar (Rajasthan), Manesar, Gurugram (Haryana), and Panvel, Raigad (Maharashtra).
Stallion India Fluorochemicals Limited (Stallion) sells gases, widely categorized as Fluorochemicals. Major application of these chemical contains is refrigeration. Stallion's products, including gases, are used in multiple sectors of society such as semiconductor production, automobiles, electronic industry, pharmacy, healthcare, fire extinguishers, foam spray, bottle glass manufacturing, and aerosol manufacturing.
Stallion India Fluorochemical - Strength and Weakness
The company has been in the field for over 2 decades, with strong market recognition in the specialty gases industry.
Going forward, the company is focused on its strategic vision to diversify its existing product portfolio by incorporating new products that align synergistically with its current offerings.
The company’s promoters and its directors are outstanding legal proceedings. Any failure to defend these proceedings successfully may hurt its business prospects, financial condition, results of ongoing operations and reputation.
The company has high working capital requirements. Its inability to meet its working capital requirements may have a material adverse effect on our business, financial condition and results of operations.
Stallion India Fluorochemical - Promoter(s)
Pre Issue Share Holding: 94.63%
Post Issue Share Holding: 67.90%
- Shazad Sheriar Rustomji
- Manisha Shazad Rustomji
- Rohan Shazad Rustomji
Stallion India Fluorochemical IPO - Issue Objectives
- 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 Fluorochemical IPO - Anchor Investors
The six anchor investors that participated in the anchor book were Saint Capital Fund, Ashika Global Securities, Craft Emerging Market Fund, Mint Focussed Growth Fund, Ashika India Select Fund, and Leading Light Fund.
Other Details
Stallion India Fluorochemical
2, A Wing, Knox Plaza, Off. Link Road, Mindspace, Malad - (West), Mumbai - 400064Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Stallion India Fluorochemical IPO - FAQs
Ans. Stallion India Fluorochemicals Limited IPO is a Mainboard IPO. The issue is priced at ₹85-90 per equity share. The minimum order quantity is 165 Shares. The IPO opens on Jan 16, 2025, and closes on Jan 20, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Stallion India Fluorochemicals Limited IPO opens on Jan 16, 2025 and closes on Jan 20, 2025.
Ans. The size of Stallion India Fluorochemicals Limited IPO is Total ₹199.45 Cr : #Fresh Issue : 1,78,58,740 shares(aggregating up to ₹160.73 Cr) + #OFS : 43,02,656 shares of ₹10(aggregating up to ₹38.72 Cr).
Ans. The IPO price band is set between ₹85-90 per equity share.
Ans. To apply for Stallion India Fluorochemicals Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Stallion India Fluorochemicals Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Stallion India Fluorochemicals Limited IPO is Jan 21, 2025.
Ans. The Stallion India Fluorochemicals Limited IPO will be listed on Jan 23, 2025.
Ans. Follow the steps to check the allotment status for Stallion India Fluorochemicals Limited IPO here.
