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Stallion India IPO soon

 

STALLION INDIA IPO GMP

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What is the latest news relating to Stallion India IPO?   
The scrip is listed at Rs. 725, in line with the expectations of the grey market.

What was the last GMP of Stallion India IPO?

GMP Rs. 43

Akum Drugs IPO Subscription Status

Stallion India IPO Subscriptions 

Price Rs. ? Lot ? shares, Rs. ? Crore

QIB B HNI X S HNI X NII X RII X Total X
Applications: ? / (?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. Our 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   2024 
IPO closes on   2024 
Issue Type Book Built Issue IPO
Issue Size ? Shares /
Rs ? Crore
* Fresh Issue 1,78,58,740 Shares /
Rs ? Crore
* Offer for Sale  17330 Shares /
Rs ? Crore
   
Face Value per share: Rs. 10
Price Band  Rs. ?
Retail Discount  Rs 0 per share
Employee discount  Rs. 0 per share
Retail Lot Size  ? Shares
Listing will at  BSE, NSE
Shares offered in Stallion India ? Shares Rs.
in Crore
QIB (75 %) 
NII (15 %) 
RII (10 %) 
 
Total Shares 
Retail portion will be oversubscribed by  ? Forms.
How to apply in Stallion India
IPO?
Amount
Rs.
Min Retail Application Shares
Max Retail Application  -Shares
Small HNI (Min) application  – Shares
Small HNI (Max) application – Shares
Big HNI Application – Shares

What is the timetable of Stallion India IPO?

IPO opens on August 2024
IPO Closes on August 2024
IPO Allotment on  August 2024
Unblocking of ASBA  August2024
Credit of Shares August2024
Listing on  August2024
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 1863 211 3.83 34.57
2022-23 2352 162 2.95 21.01
2023-24 6M   935   54 0.88   4.72
Book Value of the Share
on 30.09.2023
Rs. 18.75    
BV after the IPO Rs. ?    
Offer Price at Cap Rs.  ?    

Stallion India IPO
Ratio Analysis

Price /EPS ?
Price/Book Value  ?
Price/BV after IPO  ?

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 2352 ?
Navin Flourine 2 1669 59.42
SRF ltd 10 121799 30.17
Gujarat Fluorochemicals 1 58030 23.24
       
       
       
       
       
       

# 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

Will post our review, once the price, lot and dates are announced.
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