Stallion India Fluorochemical IPO

Stallion India Fluorochemical IPO is listed on BSE and NSE, priced at ₹85–₹90 per share. The stock debuted at ₹120, delivering a listing gain of 33.3%. The IPO had a lot size of ₹165 shares and a minimum investment of ₹14,850.

Stallion India Fluorochemicals Limited IPO

Mainboard Listed
₹14,850 (165 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jan 16, 2025 – Jan 20, 2025
Price band
₹85-90 per equity share
Minimum Investment
₹14,850
Issue size
₹199.45 Cr
Lot size
165
Allotment Date
Jan 21, 2025
Listing
Jan 23, 2025
Listing At
BSE, NSE

IPO timeline

  1. Jan 16, 2025

    Open Date

    Completed

  2. Jan 20, 2025

    Close Date

    Completed

  3. Jan 21, 2025

    Allotment Date

    Completed

  4. Jan 23, 2025

    Listing Date

    Completed

Price Summary

Last closing
150.50 (67.22%)
52 week high
360.36
52 week low
53.57
Last update

Stallion India Fluorochemical IPO Essentials

Stallion India Fluorochemical IPO Details

Stallion India Fluorochemical IPO is priced at ₹85-90 per share with a total issue size of 199.45 crore. The IPO has a lot size of 165 shares and is listed on a BSE and NSE.

Issue price
₹85-90 per equity share
Lot size
165 shares
Face value
₹10 Per Equity Share
Issue 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)
Total issue size
2,21,61,396 shares
(aggregating up to ₹199.45 crore)
Fresh issue
1,78,58,740 shares
(aggregating up to ₹160.73 crore)
Offer for sale (OFS)
43,02,656 shares
(aggregating up to ₹38.72 crore)
Listing at
BSE, NSE
List price
120.0(NSE)
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Sarthi Capital Advisors Private Limited

Market 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 2,145 ₹1,93,050
sHNI(min) 14 2,310 ₹2,07,900
sHNI(max) 67 11,055 ₹9,94,950
sHNI(min) 68 11,220 ₹10,09,800

Stallion India Fluorochemical IPO Documents

Stallion India Fluorochemical IPO Reservation

Stallion India Fluorochemical IPO reservation details show category-wise allocation of shares. Out of the total 2,21,61,396 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 66,48,418 (30%)
QIB Shares Offered 44,32,279 (20%)
NII (HNI) Shares Offered 33,24,210 (15%)
bHNI > ₹10L 22,16,140 (10%) 959
sHNI < ₹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 Fluorochemical IPO Analytics

Stallion India Fluorochemical IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Stallion India Fluorochemical IPO Subscription Status

Stallion India Fluorochemical IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
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
10.36x
7.91x
15.27x
9.69 x 7.08 x
Day 2 17-01-25 05:00 PM
0.31 x
77.08x
77.39x
76.46x
31.03 x 32.12 x
Day 3 20-01-25 05:00 PM
172.93 x
422.42x
472.89x
321.49x
96.90 x 188.37 x
Total No. of Applications
bHNI sHNI Retail
50,83,342 (Approx) 94.75x 306.12x 78.18x

Stallion India Fluorochemical Valuations

Earnings

EPS Pre IPO
₹2.41/-
EPS Post IPO
₹4.18/-
P/E Pre IPO
37.41
P/E Post IPO
21.55

Returns

ROE
12.54%
ROCE
13.96%
RoNW
12.54%
PAT Margin
6.26

Fundamentals

Debt / Equity
0.55
Price / Book
4.69

Data sourced from DRHP / RHP • For educational purposes only

Stallion India Fluorochemical Financials( In Crs.)

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

Stallion India Fluorochemical Company & Offer Insights

About Stallion India Fluorochemical

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 Promoter(s)

Shazad Sheriar Rustomji, Manisha Shazad Rustomji, Rohan Shazad Rustomji are the company's promoters of Stallion India Fluorochemical.

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

Stallion India Fluorochemicals mobilises nearly Rs 60 crore via anchor book.

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.

Stallion India Fluorochemical IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Stallion India Fluorochemicals Limited 2.54 N/A N/A N/A 12.54 N/A Standalone
Navin Fluorine International Limited 47.44 N/A N/A 70.82 10.22 N/A Standalone
Srf Ltd. 46.35 N/A N/A 49.3 13.07 N/A Standalone
Gujarat Fluorochemicals Ltd 38.12 N/A N/A 108.36 7.07 N/A Standalone

Notes:

  1. Current Market Price (CMP) is the closing prices of respective scrips (NSE) as of January 3, 2025.
  2. P/E Ratio has been computed based on the closing market price of equity shares on NSE on January 3, 2025, divided by the EPS.
  3. Return on Net Worth (%) = Profit after tax for the year divided by total equity as at year-end.

Stallion India Fluorochemical IPO - Strengths and Risks

Stallion India Fluorochemical IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

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.

Risks

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.

Contact Information

Contact Details

Stallion India Fluorochemical

022-43510000

compliance@stallion.in

https://stallionfluorochemicals.com/

2, A Wing, Knox Plaza, Off. Link Road, Mindspace, Malad - (West), Mumbai - 400064

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Stallion India Fluorochemical IPO is a book-built IPO worth ₹199.45 crore. The price band is ₹85–₹90 per share. The IPO opens on Jan 16, 2025 and closes on Jan 20, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.

The price band of Stallion India Fluorochemical IPO is ₹85 to ₹90 per share.

The lot size of Stallion India Fluorochemical IPO is 165 shares.

The minimum investment for Stallion India Fluorochemical IPO is approximately ₹14,850 based on the upper price band .

Stallion India Fluorochemical IPO opens on Jan 16, 2025 and closes on Jan 20, 2025.

The allotment date of Stallion India Fluorochemical IPO is Jan 21, 2025.

Stallion India Fluorochemical IPO is expected to be listed on Jan 23, 2025, on BSE and NSE .

Stallion India Fluorochemical IPO listed on Jan 23, 2025. It was issued at ₹120.0(NSE) and is currently around ₹150.50 as on 30-Apr-2026 3:30 PM, which is approximately 67.2% versus issue price. The 52-week high is ₹360.36.

Based on listing and post-listing performance, Stallion India Fluorochemical IPO delivered around 67.2% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Stallion India Fluorochemical IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Stallion India Fluorochemical IPO valuation snapshot: P/E 21.55, EPS ₹4.18/-, P/B 4.69, RoNW 12.54%, and market cap N/A.

To apply for Stallion India Fluorochemical IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Stallion India Fluorochemical IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Stallion India Fluorochemical IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Stallion India Fluorochemical IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Stallion India Fluorochemical IPO allotment status on IPO Ji for quick and easy access.