Stallion India IPO Details: Price, Dates & Subscription Status

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1. Company Background & Industry Overview:

Stallion India Fluorochemicals Limited, founded in 2002, is a prominent player in the refrigerant and industrial gases sector. The company is involved in the blending, debulking, and processing of these gases, primarily used across industries like automotive, electronics, healthcare, and pharmaceuticals. Their product range includes refrigerants, industrial gases, and related chemicals, widely used in industries such as semiconductor manufacturing, automotive, fire extinguishers, and aerosol production. The company operates in multiple states, with manufacturing plants located in Maharashtra, Haryana, and Rajasthan. The increasing demand for these gases, particularly in semiconductor and automotive industries, is driving growth within this sector.

2. IPO Details:

DetailInformation
Issue Size₹199.45 Crores
Price Band₹85 to ₹90 per share
Issue TypeBook Built Issue IPO
Face Value₹10 per share
Total Shares Offered2,21,61,396 shares
Fresh Issue1,78,58,740 shares
Offer for Sale43,02,656 shares
Listing AtBSE, NSE
Shareholding Pre-Issue6,14,66,514 shares
Shareholding Post-Issue7,93,25,254 shares

3. Key Timelines:

EventDate
IPO Opening DateJanuary 16, 2025
IPO Closing DateJanuary 20, 2025
Basis of AllotmentJanuary 21, 2025
Initiation of RefundsJanuary 22, 2025
Credit of Shares to DematJanuary 22, 2025
Listing DateJanuary 23, 2025

4. IPO Reservation (Investor Categories & Shares Offered):

Investor CategoryShares OfferedPercentage
Anchor Investors66,48,418 shares30%
QIB (Qualified Institutional Buyers)44,32,279 shares20%
NII (Non-Institutional Investors)33,24,210 shares15%
Retail Investors77,56,489 shares35%

5. Lot Size:

CategoryLotsSharesInvestment Amount (₹)
Retail (Min)1165₹14,850
Retail (Max)132,145₹1,93,050
S-HNI (Min)142,310₹2,07,900
S-HNI (Max)6711,055₹9,94,950
B-HNI (Min)6811,220₹10,09,800

6. Financial Information:

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets (₹ Cr)235.69203.14126.1898.01
Revenue (₹ Cr)141.53236.23226.06186.34
Profit After Tax (₹ Cr)16.5714.799.7521.11
Net Worth (₹ Cr)134.53117.9670.760.94
Total Borrowing (₹ Cr)81.0565.3518.271.97

7. Key Valuation Metrics (Pre-IPO):

MetricValue
EPS₹2.41
P/E Ratio37.41
ROE (Return on Equity)12.54%
ROCE (Return on Capital Employed)13.96%
Debt/Equity0.55
Price to Book Value4.69

8. Subscription Details :

CategorySubscription (times)Shares OfferedShares Bid For
QIB172.9344,32,27976,64,65,095
NII (Total)422.3533,24,2101,40,39,93,910
  – bNII472.8922,16,1401,04,79,82,155
  – sNII321.2911,08,07035,60,11,755
Retail96.8177,56,48975,09,19,290
Total188.321,55,12,9782,92,13,78,295

9. Contact Details:

Registrar:

10. Objectives of the IPO:

  • Funding Incremental Working Capital Requirements
  • Capital Expenditure for Semi-conductor & Specialty Gas Blending Facility in Maharashtra
  • Capital Expenditure for Refrigerant Blending Facility in Andhra Pradesh
  • General Corporate Purposes

11. FAQs:

  1. What is the Stallion India IPO?
    Stallion India IPO is a public issue by Stallion India Fluorochemicals Limited to raise ₹199.45 Crores.
  2. How to apply for the Stallion India IPO?
    Applications can be made via ASBA through banks or through broker platforms like Angel One.
  3. When will Stallion India IPO open?
    It opens on January 16, 2025.
  4. What is the lot size for the Stallion India IPO?
    The minimum lot size is 165 shares.
  5. What is the minimum investment amount for retail investors?
    The minimum amount is ₹14,850.
  6. When will the IPO allotment happen?
    The allotment will be finalized on January 21, 2025.
  7. When will Stallion India IPO list?
    It will list on January 23, 2025.

12. Listing Day Performance:

IPO NameSubscription StatusIPO PriceListing DateOpenHighLowCloseGain Percentage
Stallion India IPO188.32₹90January 23, 202512012612012640%
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