January 16, 2025
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Stallion India IPO Review by Paresh Gordhandas, CA & Research Analyst.
Stallion India specializes in the sale and distribution of refrigerant and industrial gases, including related products. Its core services include debulking, blending, and processing of these gases, as well as selling pre-filled cans. he company operates four facilities across India: Khalapur in Raigad (Maharashtra), Ghiloth in Alwar (Rajasthan), Manesar in Gurugram (Haryana), and Panvel in Raigad (Maharashtra).
The company has strong fundamentals, and the shares are offered at a valuation, which offers scope for listing gains. The size of the IPO is very small. Only Rs. 29.92 crore shares are offered for HNIs and Rs. 69.91 crore shares for retail investors. So, allotment will be tough.
Considering these aspects, you may apply this IPO.
IPO opens on 16 January 2025, Closes on 20 January, Price Rs.90 lot 165 shares.
