Stallion India IPO GMP, Price, Date, Allotment

1
Stallion India IPO SubscriptionStallion India IPO Analyst ViewsStallion India IPO Allotment
Stallion India IPO GMP

Stallion India IPO Description – Stallion India Fluorochemicals is engaged in the business of selling refrigerant gases, industrial gases, and related products. The company’s primary operations involve debulking, blending, and processing these gases, as well as selling pre-filled cans.

  • Refrigerants are gases used in various cooling systems, such as air conditioners and refrigerators, to absorb and release heat during the refrigeration cycle.
  • Debulking is the process where gases from bulk transport containers, known as ISO Tanks, holding 20,000 kilos, are unloaded into the company’s bulk storage tanks for storage and further processing or blending.
  • Blending is a controlled process in which two or more gases are mixed in specific volumes, ratios, and temperatures to create a new gas mixture or “blend” with properties tailored for particular applications.

Stallion India Fluorochemicals operates four facilities located in Khalapur, Raigad (Maharashtra); Ghiloth, Alwar (Rajasthan); Manesar, Gurugram (Haryana); and Panvel, Raigad (Maharashtra). As of November 2023, the company employs 19 permanent staff members.

Stallion India IPO Allotment

Promoters of Stallion India Fluorochemicals – Shazad Sheriar Rustomji, Manisha Shazad Rustomji, and Rohan Shazad Rustomji


Stallion India IPO Details

Stallion India IPO Dates16 – 20 January 2025
Stallion India Issue PriceINR 85 – 90 per share
Fresh issue1,78,58,740 shares (INR 151.80 – 160.73 crore)
Offer For Sale43,02,656 shares (INR 36.57 – 38.72 crore)
Total IPO size2,21,61,396 shares (INR 188.37 – 199.45 crore)
Minimum bid (lot size)165 shares (INR 14,850)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE, BSE

Stallion India Financial Performance

 FY 2022FY 2023FY 2024H1 FY 2025
Revenue185.88225.50233.24140.73
Expenses156.27213.09214.96119.06
Net income21.119.7514.7916.57
Margin (%)11.364.326.3411.77
Figures in INR Crores unless specified otherwise

Stallion India Offer News


Stallion India Valuations & Margins

FY 2022FY 2023FY 2024
(Pre Issue)
FY 2025
(Post-Issue)*
EPS3.831.772.544.18
PE Ratio33.46 – 35.4320.33 – 21.53
* Annualized EPS
FY 2022FY 2023FY 2024
RONW (%)34.6413.7912.54
NAV49.7412.8319.19
ROCE (%)49.2215.8013.96
EBITDA (%)17.716.9011.30
Debt/Equity0.030.260.55
*Compiled by IPO Central from Prospectus

Stallion India IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
22 January 2025354,600
21 January 2025455,100
20 January 2025405,000
18 January 2025405,000
17 January 2025455,100
16 January 2025455,100
15 January 2025202,600

Stallion India IPO Objectives

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Funding increase for working capital requirements of the company – INR 95 crore
  • Funding capital expenditure requirements for its Semi-conductor & Specialty Gas debulking & blending facility – INR 29.16 crore
  • Funding capital expenditure requirements for its Refrigerant debulking & blending facility – INR 21.18 crore
  • General corporate purposes

Stallion India – Comparison With Listed Peers

CompanyPE ratioEPSRONW (%)Revenue (Cr.)
Stallion India Fluorochemicals21.532.5412.54236.23
Navin Flourine70.8247.4410.221,488.20
SRF Limited49.3046.3513.0710,906.09
Gujarat Fluorochemicals108.3638.127.074,088.07

Stallion India IPO Dates & Listing Performance

IPO Opening Date16 January 2025
IPO Closing Date20 January 2025
Finalization of Basis of Allotment21 January 2025
Initiation of refunds22 January 2025
Transfer of shares to demat accounts22 January 2025
Stallion India IPO Listing Date23 January 2025
Opening Price on NSEINR 120 per share (up 33.33%)
Closing Price on NSEINR 126 per share (up 40%)

Stallion India IPO Reviews – Subscribe or Avoid?

Angel One –
Anand Rathi –
Antique Stock Broking –
Ajcon Global –
Arihant Capital –
Axis Capital –
Ashika Research –
BP Wealth – Subscribe
Capital Market – Neutral
Canara Bank Securities – Neutral
Choice Broking –
Dalal & Broacha –
Elara Capital –
Elite Wealth – Apply
GCL Broking –
Geojit –
GEPL Capital – Subscribe
Hem Securities – Subscribe for long term
Hensex Securities –
HDFC Securities –
ICICIdirect –
IDBI Capital –
Investmentz –
Indsec Securities – 
Jainam Broking Subscribe for listing gain
KR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Mehta Equities –
Nirmal Bang –
Reliance Securities –
Sushil Finance –
Samco Securities – Not rated
SBI Securities –
SMC Global – Not rated
SMIFS –
Systematix Research –
Swastika Investmart – Subscribe for long term
Ventura Securities – Subscribe


Stallion India Offer Lead Manager

SARTHI CAPITAL ADVISORS PRIVATE LIMITED
401, 4thFloor, Manek Plaza, 167, Vidyanagari Marg,
Kalina, Santacruz (E), Mumbai – 400 098
Phone: +91 22 2652 8671/72
Email[email protected]
Website: www.sarthiwm.in


Stallion India Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com


Stallion India Contact Details

STALLION INDIA FLUOROCHEMICALS LIMITED
2, A Wing, Knox Plaza, Off. Link Road, Mindspace,
Malad – (West), Mumbai – 400064
Phone: 022-43510000
Email: [email protected]
Website: www.stallionfluorochemicals.com


Stallion India IPO FAQs

How many shares in Stallion India IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply for Stallion India Public Offer?

The best way to apply for Stallion India’s public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Stallion India IPO GMP today?

Stallion India IPO GMP today is INR 35 per share.

What is the Stallion India’s kostak rate today?

Stallion India’s kostak rate today is INR NA per application.

What is Stallion India Subject to Sauda rate today?

Stallion India Subject to Sauda rate today is INR 4,600 per application.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here