The Stallion India IPO allotment status is not available right now. Allotment status will be made available on January 21, 2025, as per the timeline provided in the red herring prospectus (RHP) of the IPO.
The grey market premium (GMP) for Stallion India has surged to approximately INR 45, suggesting a potential listing gain of around 50% for investors. This indicates that shares could debut at about INR 135 in the market. Such strong performance reflects positive investor sentiment, bolstered by an impressive subscription rate of 188.38 times during the IPO period, with total bids reaching INR 37,572 crores. This trend suggests that investors are optimistic about Stallion India’s shares, which are set to be listed on January 23, 2025. Following the allotment process, refunds will be initiated, and successful investors can expect their shares to be credited to their demat accounts by January 22.
Stallion India IPO has attracted significant interest from investors, achieving a remarkable subscription rate by the closing day on 20 January 2025. This strong demand highlights the market’s confidence in the company. Breaking down the subscriptions by investor category, Non-Institutional Investors (NIIs) subscribed an impressive 422.42 times, while Retail Individual Investors (RIIs) showed robust demand at 96.90 times. In contrast, Qualified Institutional Buyers (QIBs) subscribed 172.93 times. Overall, the IPO attracted bids for approximately 2.92 billion shares, significantly exceeding the available shares of 1.55 crore.
Here are a few methods to verify the Stallion India IPO allotment status.
Table of Contents – Stallion India IPO Allotment Status
#1 Registrar Website – Most effective way to check Stallion India IPO allotment status
After an IPO has finished accepting subscriptions, the issue registrar takes over the next steps. The registrar handling this case is Bigshare Services. Investors can easily visit its website and navigate to Stallion India from a list of options provided to check their allotment status by entering any of the details given.
- PAN
- IPO Application Number (CAF Number)
- Beneficiary ID (NSDL or CDSL Demat Account Number)
Registrar websites can get busy during allotment days and may slow down significantly; however, Bigshare Services seems to have a reliable infrastructure, in place to handle that load better than most others do in such situations. Nevertheless, it is always advisable to explore multiple options.
#2 BSE Website
You can also verify the status of the Stallion India IPO allotment by visiting the IPO allotment page on the BSE website. However, investors need to have both the application number and PAN to check using this method. Just choose equity select the IPO enter your application number and PAN to view the status.
The Bombay Stock Exchange (BSE) boasts a website infrastructure that ensures investors encounter minimal issues, like slow loading times or unresponsiveness when using it.
#3 Bank Account Debit/Removal of Lien
If you haven’t found what you’re looking for yet in your search results up to now, it could be worth checking your bank account. Many banks have systems in place and send updates on account balances to customers through various means such, as text messages. So you might not even have to log in to banking.
Suppose the investor’s request has been approved successfully. In that case, their application is accepted for a single lot in the Stallion India IPO at INR 14,850 per lot will be debited from their account accordingly. If the application is not successful the amount that was put on hold for the application will reflect as an increase in the bank account balance.
Upon allocation of shares in an IPO, the balance in the bank account decreases by the corresponding sum of money allocated for the shares purchased. It is crucial to understand that the process of IPO allotment and the subsequent deduction of funds, from a bank account are occurrences; however, there are instances where these events occur almost simultaneously.
#4 Credit of Shares in Demat Account
If everything else has failed, you can check your demat account for credit of shares. However, this approach is the slowest of all the methods. In many cases, shares may be credited on the day of listing as well, effectively taking away all the fun of allotment.
Stallion India IPO Allotment FAQs
When is the Stallion India IPO allotment expected?
Stallion India IPO allotment status will be available today, per the timeline provided in the IPO’s red herring prospectus (RHP).
When will the Stallion India IPO get listed?
Stallion India IPO is planned to list the shares on 23 January 2025, at BSE and NSE.
Where to check Stallion India IPO allotment status?
Stallion India IPO allotment status is expected today. Click the green button Stallion India IPO Allotment status above to check the allotment. Note the button remains disabled until the allotment is available online.
