Stallion India IPO: Check IPO Date, Live Subscription and Key Details
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.
Price Range
₹85.0 - ₹90.0
Issue Size
₹199.45 Cr
Lot Size
165 shares
IPO Type
Mainboard
GMP
₹35(+38.89%)
Est. Listing Price
₹125
Estimate Profit
₹5,775
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
4.18
P/E Ratio
21.55
RoNW
12.54%
ROE
12.54%
Debt to Equity
0.55
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Timeline
IPO Opens
16 Jan
IPO Closes
20 Jan
Allotment
21 Jan
Listing
23 Jan
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 16 January 2025 | Subscription starts |
| IPO Close Date | 20 January 2025 | Subscription ends |
| Allotment Date | 21 January 2025 | Allotment |
| Listing Date | 23 January 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,850 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,93,050 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,07,900 |
SHNI (Max)Below ₹10,00,000 | 67 | ₹9,94,950 |
BHNIAbove ₹10,00,000 | 68 | ₹10,09,800 |
IPO 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 Purpose
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.
- Diverse customer base across high-growth sectors.
- Consistent financial performance over the years
Weaknesses
- Dependence on specific industries like semiconductors and automotive
- Raw material price fluctuations
- High competition from established global players
- Limited geographical diversification outside India.
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Financial Performance
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 235.69 | 203.14 | 126.18 | 98.01 |
| Revenue (₹ Cr.) | 141.53 | 236.23 | 226.06 | 186.34 |
| PAT (₹ Cr.) | 16.57 | 14.79 | 9.75 | 21.11 |
| Net Worth (₹ Cr.) | 134.53 | 117.96 | 70.7 | 60.94 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Stallion India | 4.69 | 21.55 | 12.54% | 134.53 |
| Navin Fluorine | 7.47 | 71.36 | 8.77% | 2,383 |
| Srf Ltd. | 6.16 | 65.4 | 9.14% | 11,479 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.04x | 0.31x | 172.93x |
| NII | 10.42x | 77.16x | 422.33x |
| S-HNI | 15.43x | 76.68x | 321.21x |
| B-HNI | 7.91x | 77.39x | 472.89x |
| RII | 9.83x | 31.22x | 96.76x |
| Total | 7.16x | 32.23x | 188.29x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 44,32,279 | 76,64,65,095 | 6,898.19 |
| NII | 33,24,210 | 1,40,39,02,995 | 12,635.13 |
| Small NII | 11,08,070 | 35,59,20,840 | 3,203.29 |
| Big NII | 22,16,140 | 1,04,79,82,155 | 9,431.84 |
| RII | 77,56,489 | 75,05,44,410 | 6,754.9 |
| Total | 1,55,12,978 | 2,92,09,12,500 | 26,288.21 |
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Company Details
- Stallion India Fluorochemicals Limited
- 2, A Wing, Knox Plaza, Off. Link Road, Mindspace,Malad - (West), Mumbai - 400064
- 022-43510000
- compliance@stallion.in
- https://stallionfluorochemicals.com/
Registrar Details
- Bigshare Services Pvt Ltd
- +91-22-6263 8200
- ipo@bigshareonline.com
- https://ipo.bigshareonline.com/IPO_Status.html
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