Stallion India Fluorochemicals
CLOSEDIPO Date: 16 Jan - 20 Jan 2025
Listing Date: 23 Jan 2025
Price Range
₹85 to ₹90 per share
Issue Size
199 Cr
Min Investment
₹14,025
Lot Size
165 Shares
Schedule of Stallion India Fluorochemicals
Issue open date
16 Jan 2025
Issue close date
20 Jan 2025
UPI mandate deadline
20 Jan 2025 (5 PM)
Allotment finalization
21 Jan 2025
Share credit
22 Jan 2025
Listing date
23 Jan 2025
Mandate end date
4 Feb 2025
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 199 Cr |
| Fresh Issue | 160 Cr |
| Offer for Sale | 38.72 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 21 Jan 2025 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 23 Jan 2025 | ₹90 | ₹35 | ₹125 (39%) |
| 22 Jan 2025 | ₹90 | ₹35 | ₹125 (38.9%) |
| 21 Jan 2025 | ₹90 | ₹47 | ₹137 (52%) |
| 20 Jan 2025 | ₹90 | ₹42 | ₹132 (47%) |
| 18 Jan 2025 | ₹90 | ₹40 | ₹130 (44%) |
| 17 Jan 2025 | ₹90 | ₹40 | ₹130 (44.44%) |
| 16 Jan 2025 | ₹90 | ₹38 | ₹128 (42%) |
| 15 Jan 2025 | ₹90 | ₹49 | ₹139 (54%) |
| 14 Jan 2025 | ₹90 | ₹21 | ₹111 (23.33%) |
Performance Stallion India Fluorochemicals
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹85 to ₹90 per share | ₹ 117 (33.33%) | ₹ 72.31 | -19.66% |
About Stallion India Fluorochemicals
Stallion India Fluorochemicals was established in 2002 and specializes in fluorochemical gases and focuses on environmentally sustainable products. It also operates in industries such as air conditioners, fire fighting, semiconductor manufacturing, automobile manufacturing, pharma and medicals, glass bottle manufacturing, aerosols, and spray foam. The company is focused on expanding its product portfolio, including adding new products in the refrigerant and gas sectors.
| Founded in | 2002 |
| Managing director | Mr. Shazad Sheriar Rustomji |
| Parent organization | Stallion India Fluorochemicals Ltd |
Financial Overview
Strengths
- Expertise in fluorochemicals and specialty gases, with strong knowledge in the chemical domain.
- High entry barriers due to the specialized technology and infrastructure needed, limiting new competitors.
- Compliance with strict safety and environmental regulations ensures responsible business operations.
- Strong market recognition due to its long-standing experience and reputation in the refrigerant gases industry.
Risks
- The revenue from operations depends significantly on one product.
- Revenue is also dependent on seasonal changes. A significant portion of their turnover is concentrated in February to May.
- The company does not have long-term agreements with its customers.
- Advanced technologies used in production and purification processes carry technological risks, which may lead to operational disruptions and safety issues.
- Regulatory compliance risks, where failure to meet stringent environmental and safety standards could lead to operational and reputational damage.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 172 |
| Non-Institutional Investors (NIIs) | 422 |
| Retail Individual Investors (RIIs) | 96.81 |
| Employee | N/A |
| Total | 188.32 |