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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.
Stallion India IPO Subscription Status
Stallion India Fluorochemicals Limited IPO Subscriptions
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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.
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. |
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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 |
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Registrar to IPO | |
Bigshare Services Private Limited |
Stallion India IPO Financial & analytical Ratios |
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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
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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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