Stallion India IPO Details
The key details of Stallion India’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹199.45 Cr |
| Price Range | ₹85 - ₹90 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 165 |
| Investment (cut-off price) | ₹14,850 |
| Pre IPO Promotor Holding | 94.63% |
| Post IPO Promotor Holding | 67.90% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Stallion India IPO Timelines
The IPO process for Stallion India includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
16/01/2025
Start Date20/01/2025
End Date22/01/2025
Refund Initiation22/01/2025
Credit of Shares to Demat Ac23/01/2025
Listing DateStallion India IPO Lot Size
The Stallion India IPO has a fixed lot size of 165 shares, at an upper price band of ₹90 per share, requiring ₹14,850 per lot for retail investors. Retail investors can apply for a maximum of 2,145 shares worth ₹193,050. For Small HNI (S-HNI), the minimum application starts at 2,310 shares (₹207,900) up to 11,055 shares (₹994,950), while Big HNI (B-HNI) requires a minimum of 11,220 shares amounting to ₹1,009,800.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 165 | ₹14,850 |
| Retail Maximum | 13 | 2145 | ₹1,93,050 |
| S-HNI Minimum | 14 | 2310 | ₹2,07,900 |
| S-HNI Maximum | 67 | 11055 | ₹9,94,950 |
| B-HNI Minimum | 68 | 11220 | ₹10,09,800 |
Stallion India IPO Subscription Status
The subscription status for Stallion India IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 172.93x | 422.35x | 96.81x | -- | 188.32x |
IPO Performance on Listing Day
On the listing day (January 23, 2025), Stallion India made a strong debut on the stock exchange. The stock opened at ₹120, recording a solid premium of 33.3% over its issue price of ₹90. During the trading session, the stock showed positive momentum, reaching a high of ₹126 while maintaining support at its opening price. The shares ended their first trading day at ₹126, securing an impressive gain of 40% over the issue price, reflecting healthy investor interest in this company.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹120.00 | ₹126.00 | ₹126.00 | ₹120.00 |
Stallion India IPO Company Financials
Stallion India reports robust performance in FY2024 with Total Income of ₹236.23 crores, managing expenses at ₹214.96 crores, and achieving a strong PAT (Profit After Tax) of ₹14.79 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹186.34 | ₹156.27 | ₹21.11 |
| FY 2023 | ₹226.06 | ₹213.09 | ₹9.75 |
| FY 2024 | ₹236.23 | ₹214.96 | ₹14.79 |
| FY 2025 (6 M) | ₹141.53 | ₹119.06 | ₹16.57 |
About Company
Stallion India Fluorochemicals Limited, established in 2002, specializes in manufacturing refrigerants and other gases by blending multiple gases to create specialized formulations. The company’s primary products are specialty gases, which fall under the categories of Hydrofluorocarbons (HFC) and Hydrofluoroolefins (HFO). These gases have a broad range of applications across different industries. With a strong presence in India, Stallion India operates four strategically located plants in Khalapur and Panvel (Maharashtra), Ghiloth (Rajasthan), and Manesar (Haryana). It also expanded its operations by acquiring Stallion Enterprises through a slump sale agreement.
The market for fluorochemicals and specialty gases is experiencing significant growth, projected to expand at a compound annual growth rate (CAGR) of 10.3% from $10,963 million in 2024 to $16,223 million by 2028. This growth is driven by factors such as rapid urbanization and a growing global population, which increase the demand for automotive and other industries. Fluorochemicals, which include both organic and inorganic compounds with one or more fluorine atoms, are particularly in demand in the automotive sector as more vehicles are required to meet the needs of an expanding population.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2002 | Chemicals | Shazad Sheriar Rustomji |
Know Before Investing
Stallion India IPO Strengths
- The company has been in the field for over 2 decades, with strong market recognition in the specialty gases industry.
- Going forward, the company is focused on its strategic vision to diversify its existing product portfolio by incorporating new products that align synergistically with its current offerings.
Stallion India IPO Risks
- The company’s promoters and its directors are outstanding legal proceedings. Any failure to defend these proceedings successfully may hurt its business prospects, financial condition, results of ongoing operations and reputation.
- The company has high working capital requirements. Its inability to meet its working capital requirements may have a material adverse effect on our business, financial condition and results of operations.
Swot Analysis for Stallion India IPO
Strengths
Established industry presence, Diverse product range, Strong customer relationships
Weaknesses
Dependence on specific suppliers, Limited brand recognition, Recent financial fluctuations
Opportunities
Growing demand for refrigerants, Expansion into new markets, Technological advancements in gas processing
Threats
Intense competition from established players, Regulatory compliance risks, Volatility in raw material prices
Company Details
Stallion India Fluorochemicals Limited
2, A Wing, Knox Plaza, Off. Link Road, Mindspace, Malad – (West), Mumbai – 400064
Phone: 022-43510000
Email: compliance@stallion.in
Website: https://stallionfluorochemicals.com/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
FAQs
The key objectives of Stallion India IPO are:
- Funding capital expenditure requirements.
- Funding working capital requirements.
- General corporate purposes.
Sarthi Capital Advisors Private Limited is the book-running lead managers for the Stallion India IPO.