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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

QIBB HNI XS HNI XNII XRII XTotal 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 TypeBook Built Issue IPO
Issue Size? Shares /
Rs ? Crore
* Fresh Issue1,78,58,740 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 ?SharesRs.
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 ApplicationShares
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 onAugust 2024
IPO Closes onAugust 2024
IPO Allotment on August 2024
Unblocking of ASBA August2024
Credit of SharesAugust2024
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

YearTotal IncomeNet ProfitEPSRoNW
 Rs. in CroreRs.in CrRs.%
2021-2218632113.8334.57
2022-2323521622.9521.01
2023-24 6M  935  540.88  4.72
Book Value of the Share
on 30.09.2023
Rs.18.75  
BV after the IPORs.?  
Offer Price at CapRs. ?  

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 DRHPFVTotal PE
 Rs.IncomeRatio of
  Rs. In Cr 
Stallion India102352?
Navin Flourine2166959.42
SRF ltd1012179930.17
Gujarat Fluorochemicals15803023.24
    
    
    
    
    
    

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Stallion India IPO Review

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