Stallion India Fluorochemicals Limited’s IPO is opening on 16 January 2025 and will be open until 20 January 2025. This mainboard IPO is raising ₹199.45 crore from a mix of fresh issue of 1.79 crore equity shares and 43 lakh shares for offer for sale (OFS) amounting to ₹ 160.73 crore and ₹ 38.72 crore respectively.
The ipo allotment date will be finalized on Tuesday, 21 January 2025 and the Stallion India Fluorochemicals shares will probably be listed on NSE & BSE on Thursday, 23 January 2025.
Stallion India Fluorochemicals IPO’s price band has been set between ₹85 and ₹ 90 per share. The ipo lot size is 165 per application, which makes the minimum retail investment of ₹ 14850. The minimum number of lot that sNII have to buy is 14 lots amounting to ₹ 207900 and for bNII it is 68 lots amounting to ₹ 1009800.
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Stallion India Fluorochemicals NSE BSE IPO Details
| Detail | Information |
| IPO Opening Date | January 16, 2025 |
| IPO Closing Date | January 20, 2025 |
| Tentative IPO Listing Date | January 23, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹85 to ₹90 per share |
| Lot Size | 165 shares |
| Total Issue Size | 22161396 shares (₹199.45 Cr.) |
| Fresh Issue | 17858740 shares (₹160.73 Cr.) |
| OFS | 4302656 shares (₹38.72 Cr.) |
| IPO Segment | Book Built IPO Issue |
| Listing At | NSE & BSE |
| Share Holding Pre-Issue | 661466514 shares |
| Share Holding Post-Issue | 79325254 shares |
Stallion India Fluorochemicals Limited | Company Overview
Stallion India Fluorochemicals Limited is a 23-year-old firm that started its journey back in 2002. The firm’s primary business is selling refrigerants, industrial gases, and other similar products. The firm debulks, blends, and processes refrigerants and industrial gases. Then it pre-fills the cans or cylinders, and containers with the gases/ chemicals and sells further.
There are four plants where these products are manufactured –
- Khalapur in Raigad (Maharashtra)
- Ghiloth in Alwar (Rajasthan)
- Manesar in Gurugram (Haryana)
- Panvel in Raigad (Maharashtra)
The industries to which Stallion India caters to include –
- Semiconductor industry
- Electronics
- Healthcare
- Pharmaceuticals
- Fire extinguishers
- Spray foam
- Automotive
- Aerosol production \others
Stallion India Fluorochemicals Limited IPO | Key Details
- Stallion India Fluorochemicals IPO Opening Date: January 16, 2025,
- Stallion India Fluorochemicals IPO Closing Date: January 20, 2025.
- Allotment Date: January 21, 2025
- Price Band: ₹85 to ₹90 per share
- Lot Size: 165 shares
- Refunds Initiated: January 22, 2025
- Shares Credited to Demat: January 22, 2025
- Listing Date: January 23, 2025
Stallion India Fluorochemicals Ltd: Financial Overview
Stallion India Fluorochemicals Limited generated 51% more profit in FY24 however, its total borrowing increased massively during the period which is a bit of concern as it seems.
Here are the details of the financials of the firm
Amounts in ₹Crore
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 203.14 | 126.18 | 76.96 | 60.9922333 |
| Revenue | 236.23 | 226.06 | 10.17 | 4.49880563 |
| Profit After Tax | 14.79 | 9.75 | 5.04 | 51.6923077 |
| Net Worth | 117.96 | 70.7 | 47.26 | 66.8458274 |
| Total Borrowing | 65.35 | 18.27 | 47.08 | 257.690203 |
FAQs | Stallion India Fluorochemicals Ltd IPO
Stallion India Fluorochemicals Ltd is engaged in manufacturing and selling of refrigerants, industrial chemicals, and other related products.
The tentative IPO listing date of Stallion India Fluorochemicals has been fixed as Thursday, January 23, 2025.
The bidding date for the Stallion India Fluorochemicals IPO is January 16, 2025, and it will continue until January 20, 2025.
The minimum IPO lot size for Stallion India Fluorochemicals is 165 shares. The sNII and bNII need to subscribe to at least 14 and 68 lots respectively.
The IPO allotment is expected to be finalized on Monday, January 21, 2025.
The IPO face value is set at ₹10 per share.
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