- The IPO is a book-built issue of ₹199.45 crore, with a price band of ₹85–₹90 per share.
- Bidding Period: January 16–20, 2025; Listing Date: January 23, 2025.
- Minimum investment: ₹14,850 (Retail) for 165 shares.
- Anchor investors contributed ₹59.84 crore on January 15, 2025.
- Proceeds will fund working capital, capital expenditure, and general corporate purposes.
Stallion India Fluorochemicals Limited has launched its IPO, a book-built issue aggregating to ₹199.45 crore. This comprises a fresh issue of 1.79 crore shares worth ₹160.73 crore and an offer for sale (OFS) of 0.43 crore shares amounting to ₹38.72 crore.
The IPO bidding began on January 16, 2025, and closes on January 20, 2025. Post allotment finalization on January 21, 2025, Stallion India shares will be listed on the BSE and NSE on January 23, 2025.
The price band is set at ₹85 to ₹90 per share, with a lot size of 165 shares. Below are all the essential details:
Stallion India IPO Details
| Details | Information |
|---|---|
| IPO Date | January 16, 2025 – January 20, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹85 to ₹90 per share |
| Lot Size | 165 shares |
| Total Issue Size | 2,21,61,396 shares (aggregating to ₹199.45 crore) |
| Fresh Issue | 1,78,58,740 shares (aggregating to ₹160.73 crore) |
| Offer for Sale | 43,02,656 shares (aggregating to ₹38.72 crore) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 6,14,66,514 shares |
| Shareholding Post-Issue | 7,93,25,254 shares |
Important IPO Dates (Tentative Schedule)
| Event | Date |
|---|---|
| IPO Open Date | January 16, 2025 |
| IPO Close Date | January 20, 2025 |
| Allotment Date | January 21, 2025 |
| Refunds Initiation | January 22, 2025 |
| Shares Credited to Demat | January 22, 2025 |
| Listing Date | January 23, 2025 |
| UPI Mandate Cut-off | January 20, 2025, at 5 PM |
Reservation Category Breakdown
| Investor Category | Shares Offered |
|---|---|
| Qualified Institutional Buyers (QIB) | Not more than 50% of the offer |
| Retail Investors | Not less than 35% of the offer |
| Non-Institutional Investors (NII) | Not less than 15% of the offer |
IPO Lot Size
The minimum lot size is 165 shares. Below is the investment breakdown:
| Category | Lots | Shares | Investment (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 165 | 14,850 |
| Retail (Max) | 13 | 2,145 | 1,93,050 |
| S-HNI (Min) | 14 | 2,310 | 2,07,900 |
| S-HNI (Max) | 67 | 11,055 | 9,94,950 |
| B-HNI (Min) | 68 | 11,220 | 10,09,800 |
About Stallion India Fluorochemicals Limited
Founded in 2002, Stallion India Fluorochemicals Limited specializes in refrigerant and industrial gases, along with related products. It operates four plants across India:
- Khalapur, Raigad (Maharashtra)
- Ghiloth, Alwar (Rajasthan)
- Manesar, Gurugram (Haryana)
- Panvel, Raigad (Maharashtra)
Their products are widely used in semiconductor manufacturing, automotive, electronics, pharmaceuticals, healthcare, fire extinguishers, spray foam, and aerosol production.
Financial Highlights
| 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 |
| Profit After Tax (₹ Cr) | 16.57 | 14.79 | 9.75 | 21.11 |
| Net Worth (₹ Cr) | 134.53 | 117.96 | 70.7 | 60.94 |
| Total Borrowing (₹ Cr) | 81.05 | 65.35 | 18.27 | 1.97 |
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice or an endorsement of any IPO or investment opportunity. While we strive to ensure the accuracy of the details shared, the content is based on publicly available information, research, and reports from credible sources. Readers are advised to verify the details independently and consult with a financial advisor before making any investment decisions.Stay informed and exercise caution while making financial decisions.
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