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Stallion India IPO credit of shares

 

STALLION INDIA IPO GMP

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  • GMP
  • Reviews
  • Subscription
  • Allotment

What is the latest news relating to Stallion India IPO?   
The IPO will enter the market on 16th January and will close on 20 January 2025.

What is the last GMP of Stallion India IPO?

Latest GMP

Stallion India IPO Subscription Status

Stallion India Fluorochemicals Limited IPO Subscriptions
(Closed on 20 Jan 2025)

Price Rs. 90 Lot 165 shares, Net Rs. 199.45 Crore

QIB B HNI X S HNI X NII X RII X Total X
172.93 472.89 321.29 422.35 96.81 188.32
Applications: 50,83,342 / (?x)
Amount wise Bids recd. Rs. ? Crore

 

Who are the promoters of Stallion India IPO?   

THE PROMOTERS OF THE COMPANY ARE SHAZAD SHERIAR RUSTOMJI, MANIHSA SHAZAD RUSTOMJI & ROHAN SHAZAD RUSTOMJI

What are the Objects of Stallion India IPO?

The Offer comprises of the Fresh Issue and the Offer for Sale.
The Company proposes to utilize the Net Proceeds towards funding of the following objects:
a. Repayment/ prepayment of indebtedness of the Company and its Subsidiaries;
b. Funding incremental working capital requirements of the Company;
c. Pursuing inorganic growth initiatives through acquisitions; and
d. General corporate purposes.

What is the business of Stallion India?

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.

Refrigerants are crucial in cooling systems like air conditioners and refrigerators, where they absorb and release heat during the refrigeration cycle. The debulking process involves unloading gases from bulk transport containers, known as ISO Tanks, into the company’s bulk storage tanks. These gases are then processed or blended as needed.

Blending, on the other hand, involves mixing two or more gases in controlled volumes, ratios, and temperatures to create a new gas mixture or “blend” with specific properties tailored for particular applications. 

Its primary goal is to be a reliable supplier of refrigerant gases, serving both bulk and small cylinder/container needs for original equipment manufacturers (OEMs). Its gases are utilized across various industries, including air conditioning and refrigeration, firefighting, semiconductor manufacturing, automobile manufacturing, pharmaceuticals, medical applications, glass bottle manufacturing, aerosols, and spray foam.

With over 20 years of experience in large-scale fluorochemical debulking, bottling, and distribution, the company excels in blending gases to create innovative formulations. Its gases are primarily classified as fluorochemicals, mainly used as refrigerants.

The company operates four facilities across India: Khalapur in Raigad (Maharashtra), Ghiloth in Alwar (Rajasthan), Manesar in Gurugram (Haryana), and Panvel in Raigad (Maharashtra). The Panvel facility was previously owned by Stallion Enterprise, a sole proprietorship of Shazad Sheriar Rustomji. As of September 30, 2023, this plant was acquired through a slump sale agreement. All its facilities comply with stringent safety standards, ensuring the secure storage of gases.

For more information, click www.stallionfluorochemicals.com 

Stallion India IPO GMP grey market premium, review, Subscription, allotment, listing

Stallion India IPO Details 

IPO opens on  16 January 2025 
IPO closes on  20 January 2024 
Issue Type Book Built Issue IPO
Issue Size 22161396 Shares /
Rs 199.45 Crore
* Fresh Issue 1,78,58,740 Shares /
Rs 160.73 Crore
* Offer for Sale  4302656 Shares /
Rs 38.72 Crore
   
Face Value per share: Rs. 10
Price Band  Rs. 85-90
Retail Discount  Rs 0 per share
Employee discount  Rs. 0 per share
Retail Lot Size  165 Shares
Listing will at  BSE, NSE
Shares offered in Stallion India ? Shares Rs.
in Crore
QIB (50 %)  11080698 99.73
NII (15 %)    3324209 29.92
RII (35 %)    7756489 69.81
 
Total Shares  22161396 199.45
Retail portion will be oversubscribed by  47027 Forms.
How to apply in Stallion India
IPO?
Amount
Rs.
Min Retail Application 165 Shares 14850
Max Retail Application  2145 Shares 193050
Small HNI (Min) application  2310 Shares 207900
Small HNI (Max) application 11055 Shares 994950
Big HNI Application 11220 Shares 1009800

What is the timetable of Stallion India IPO?

IPO opens on 16 January 2025
IPO Closes on 20 January 2025
IPO Allotment on  21 January 2025
Unblocking of ASBA  22 January 2025
Credit of Shares 22 January 2025
Listing on 23 January 2025
Registered Office of the company
2, A Wing, Knox Plaza, Off. Link Road, Mindspace, Malad – (West), Mumbai – 400064
Lead Managers of the IPO
Sarthi Capital Advisors Pvt ltd
Registrar to IPO
Bigshare Services Private Limited

Stallion India IPO Financial & analytical Ratios

Year Total Income Net Profit EPS RoNW
  Rs. in Crore Rs.in Cr Rs. %
2021-22 186.34 21.11
2022-23 226.06   9.75
2023-24  236.23 14.79 2.41 12.54
Book Value of the Share
on 31.12.2024
Rs.      
BV after the IPO Rs. ?    
Offer Price at Cap Rs.  90    

Stallion India IPO
Ratio Analysis

PE Ratio 37.41
PBV Ratio 4.69
Debt Equity Ratio  0.55

How Stallion India IPO compares with the Peers?

As on date of DRHP FV Total  PE
  Rs. Income Ratio of
    Rs. In Cr  
Stallion India 10   37.41
Navin Flourine 2   70.82
SRF ltd 10   13.07
Gujarat Fluorochemicals 1     7.07
       
       
       
       
       
       

# This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

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 this aspect, you may apply this IPO.

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