Stallion India Fluorochemicals Limited
The company sells Refrigerant and Industrial Gases, focusing on debulking, blending, and processing, along with pre-filled cans and small cylinders. With over two decades of expertise in fluorochemicals, it specializes in blending gases to create new formulations. Operations span four facilities in Khalapur, Ghiloth, Manesar, and Panvel, all designed for safe gas storage. Its products serve industries like air conditioning, refrigeration, fire-fighting, semiconductors, automobiles, pharmaceuticals, etc.
Price Band₹85 - ₹90 |
Dates16 Jan - 20 Jan |
GMP₹30 (33.33%) |
Subscriptions188.38 times |
Issue Size₹199.45 Crs |
Stallion India IPO Objects
1) Funding incremental working capital requirements.
2) Funding capital expenditure requirements for our Semi-conductor & Specialty Gas debulking & blending facility (“Khalapur, Maharashtra”)
3) Funding capital expenditure requirements for our Refrigerant debulking & blending facility (“Mambattu , Andhra Pradesh”)
4) General Corporate Purposes
Stallion India IPO Details
Price Band₹85 - ₹90 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹160.73 Cr (1.79 Cr Shares) |
Offer For Sale₹38.72 Cr (0.43 Cr Shares) |
Total Issue₹199.45 Cr (2.22 Cr Shares) |
Face Value₹10 per equity share |
Stallion India IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
165
14,850
Maximum
13
2,145
1,93,050
|
|||
| Small HNI |
Minimum
14
2,310
2,07,900
Maximum
67
11,055
9,94,950
|
|||
| Big HNI |
Minimum
68
11,220
10,09,800
|
|||
Stallion India IPO Subscription
Updated as on 20-Jan-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 172.93 | 44,32,279 | 76,64,65,095 |
| NII | 422.42 | 33,24,210 | 1,40,42,24,085 |
| bNII (bids above ₹10L) | 472.89 | 22,16,140 | 1,04,79,82,155 |
| sNII (bids between ₹2L to ₹10L) | 321.50 | 11,08,070 | 35,62,41,930 |
| Retail | 96.90 | 77,56,489 | 75,16,00,245 |
| Total | 188.38 | 1,55,12,978 | 2,92,22,89,425 |
Subscription data excludes the Anchor Investor portion.
Stallion India IPO GMP
The estimated Grey Market Premium of Stallion India IPO is ₹30 per share (33.33%)
- GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
- The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Stallion India IPO Financials
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 141.53 | 236.23 | 226.06 | 186.34 |
| Profit after Tax | 16.57 | 14.78 | 9.75 | 21.11 |
| Net Worth | 134.53 | 117.96 | 70.70 | 60.94 |
| Total Borrowing | 81.05 | 65.35 | 18.27 | 1.97 |
| Total Assets | 235.69 | 203.14 | 126.18 | 98.01 |
| NAV per share (in ₹) | 21.89 | 19.19 | 12.83 | 49.74 |
| EPS - Basic (in ₹) | 2.69 | 2.54 | 1.77 | 3.83 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| ROCE (%) | 13.96% |
| ROE (%) | 12.54% |
| Debt to Equity | 0.55 |
| EBITDA (%) | 11.30% |
| PAT (%) | 6.26% |
| Price to earning (PE) | 35.43 |
| Mkt Cap (in Crs.) | 714.00 |
| Price to Book (PB) | 4.69 |
- All the data pertains to FY 2023-24.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Stallion India IPO Peer Comparision
| Particulars | Co. | SRF | Gujarata Fluorochemicals | Navin Fluorine International |
|---|---|---|---|---|
| Revenue from operations | 236.23 | 10,906.09 | 4,088.07 | 1,488.20 |
| Profit after Tax | 14.79 | 1,374.03 | 418.75 | 235.17 |
| EPS (Basic) | 2.54 | 47.44 | 46.35 | 38.12 |
| Price to Earning | 35.43 | 70.82 | 49.30 | 108.36 |
| EBITDA Margin | 11.30% | 23.01% | 23.14% | 23.85% |
| PAT Margin (%) | 6.26% | 12.60% | 10.24% | 15.80% |
| Debt equity ratio | 0.55 | 0.34 | 0.34 | 0.02 |
- All information pertains to FY 2023-24.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of January 3, 2025 for Peers.
Stallion India IPO Peer Comparision
| Particulars | Co. |
|---|---|
| Revenue from operations | 236.23 |
| Profit after Tax | 14.79 |
| EPS (Basic) | 2.54 |
| Price to Earning | 35.43 |
| EBITDA Margin | 11.30% |
| PAT Margin (%) | 6.26% |
| Debt equity ratio | 0.55 |
| SRF | Gujarata Fluorochemicals | Navin Fluorine International |
|---|---|---|
| 10,906.09 | 4,088.07 | 1,488.20 |
| 1,374.03 | 418.75 | 235.17 |
| 47.44 | 46.35 | 38.12 |
| 70.82 | 49.30 | 108.36 |
| 23.01% | 23.14% | 23.85% |
| 12.60% | 10.24% | 15.80% |
| 0.34 | 0.34 | 0.02 |
- All information pertains to FY 2023-24.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of January 3, 2025 for Peers.
Promoter Details
| Name | Shareholding |
|---|---|
| Shazad Sheriar Rustomji | 94.60% |
| Manisha Shazad Rustomji | 0.02% |
| Rohan Shazad Rustomji | 0.01% |
Management Details
| Name | Designation |
|---|---|
| Shazad Sheriar Rustomji | Chairman & MD |
| Ashish Mehta | Chief Financial Officer |
| Manisha Shazad Rustomji | Executive Director |
Company Details
STALLION INDIA FLUOROCHEMICALS LIMITED
2, A Wing, Knox Plaza, Off. Link Road, Mindspace, Malad - (West), Mumbai - 400064
Email: compliance@stallion.in
Tel. No.: 022-43510000
Website :www.stallionfluorochemicals.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Stallion India IPO is a Mainboard IPO having an issue size of Rs. ₹199.45 Crs. Stallion India IPO is priced at ₹85 - ₹90 per share. The issue opens on 16 Jan 25 and closes on 20 Jan 25.
Stallion India IPO opens on 16 Jan 25 and closes on 20 Jan 25.
The estimated Grey Market Premium of Stallion India IPO is ₹30 per share (33.33%).
The minimum lot size of Stallion India IPO is 165 shares & the minimum application amount is Rs. 14850.
The allotment date of Stallion India IPO is 21 Jan 25.
The listing date of Stallion India IPO is 23 Jan 25.
Stallion India IPO is subscribed 188.38 times.
Stallion India IPO is priced at ₹85 - ₹90 per share.
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