Stallion India IPO Subscription Status
Stallion India IPO closed on 20 January 2025 with an overall subscription of 188.32x based on shares applied. QIB demand came in at 172.93x, NII at 422.33x, and retail at 96.76x.
Allotment will be finalised on 21 January 2025. The stock is scheduled to list on NSE and BSE on 23 January 2025.
Issue Price
Rs 90.00
GMP Today
Rs 35.00 (+38.89%)
Overall Subscription
188.32x
Issue Size
₹199.45 Cr
Allotment Date
21 Jan 2025
Listing Date
23 Jan 2025
Stallion India IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 90.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 39.89 Cr | Rs 6,898.19 Cr | 172.93x |
| NII | Rs 29.92 Cr | Rs 12,635.13 Cr | 422.33x |
| sNII (Rs 2L to Rs 10L) | Rs 9.97 Cr | Rs 3,203.29 Cr | 321.21x |
| bNII (above Rs 10L) | Rs 19.95 Cr | Rs 9,431.84 Cr | 472.89x |
| Retail | Rs 69.81 Cr | Rs 6,754.90 Cr | 96.76x |
| Total | Rs 139.62 Cr | Rs 26,288.21 Cr | 188.29x |
Stallion India IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 44,32,279 | 76,64,65,095 | 172.93x |
| NII | 33,24,210 | 1,40,39,02,995 | 422.33x |
| sNII (Rs 2L to Rs 10L) | 11,08,070 | 35,59,20,840 | 321.21x |
| bNII (above Rs 10L) | 22,16,140 | 1,04,79,82,155 | 472.89x |
| Retail | 77,56,489 | 75,05,44,410 | 96.76x |
| Total | 1,55,12,978 | 2,92,09,12,500 | 188.29x |
What Do These Subscription Numbers Mean?
A subscription of 188.32x by shares means the IPO received bids for 188 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 172.93x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 172.93x, it reflects serious institutional conviction.
NII at 422.33x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 96.76x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Stallion India IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 96.76x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 321.21x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 472.89x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Stallion India IPO Allotment Status page from 21 January 2025 for your allotment result.
Stallion India IPO GMP After Subscription
GMP for Stallion India IPO stands at Rs 35.00 today, giving an estimated listing price of Rs 125.00 per share.
A subscription of 188.32x combined with a GMP of 38.89% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Stallion India IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Stallion India IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 16 Jan 2025 | 0.04x | 10.42x | 9.83x | 7.16x |
| Day 2 - 17 Jan 2025 | 0.31x | 77.16x | 31.22x | 32.23x |
| Day 3 - 20 Jan 2025 | 172.93x | 422.33x | 96.76x | 188.29x |
Stallion India IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 16 January 2025 |
| IPO Close Date | 20 January 2025 |
| Allotment Date | 21 January 2025 |
| Refund Initiation | 22 January 2025 |
| Share Credit to Demat | 22 January 2025 |
| Listing Date | 23 January 2025 |
| Minimum Investment | Rs 14,850.00 |
| Lot Size | 165 shares |
About Stallion India IPO
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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Stallion India IPO Subscription FAQs
What is Stallion India IPO IPO subscription status today?
Stallion India IPO IPO subscription closed on 20 January 2025 with overall subscription of 188.32x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 172.93x, NII 422.33x, Retail 96.76x.
What is the overall subscription of Stallion India IPO IPO?
Stallion India IPO IPO is subscribed 188.32x overall by shares at close on 20 January 2025. QIB 172.93x, NII 422.33x, and Retail 96.76x.
What is Stallion India IPO IPO QIB subscription?
Stallion India IPO IPO QIB (Qualified Institutional Buyers) subscription is 172.93x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Stallion India IPO IPO Retail subscription?
Stallion India IPO IPO Retail subscription is 96.76x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Stallion India IPO IPO NII subscription?
Stallion India IPO IPO NII (Non-Institutional Investors) subscription is 422.33x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Stallion India IPO IPO for retail?
Stallion India IPO IPO retail share subscription is 96.76x. Application-wise data is needed for accurate lottery odds.
When is Stallion India IPO IPO allotment date?
Stallion India IPO IPO allotment date is 21 January 2025. Check Stallion India IPO Allotment Status on IPOwiz from that day using your PAN.
When does Stallion India IPO IPO subscription close?
Stallion India IPO IPO subscription closed on 20 January 2025. No new applications are accepted after the close.
What is Stallion India IPO IPO GMP today?
Stallion India IPO IPO GMP is ₹35 today (+38.89% over issue price ₹90). See live GMP on the Stallion India IPO GMP Today page.
What is Stallion India IPO IPO issue price and lot size?
Stallion India IPO IPO issue price is ₹90 per share. Lot size is 165 shares. Minimum investment is ₹14,850 per lot. Issue size: ₹199.45 Cr.
When is Stallion India IPO IPO listing date?
Stallion India IPO IPO listing date is 23 January 2025 on NSE and BSE. Allotment is on 21 January 2025.
How does subscription affect Stallion India IPO IPO allotment?
Allotment odds in Stallion India IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 188.32x overall, competition is very high.
For allotment results from 21 January 2025, visit the Stallion India IPO Allotment Status page. For listing day updates on 23 January 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.