Stallion India IPO Details
The Stallion India IPO is a book build issue with a total issue size of ₹199.45 cr, comprising of fresh issue of 17858740 equity shares., and a offer for sale of 4302656 equity shares. Stallion India IPO opened for subscription on Jan 16, 2025 and closed on Jan 20, 2025. Stallion India IPO is set price band at ₹85 to ₹90 per share, with a lot size of 165 shares. Minimum investment for Retail investors was ₹14,850.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jan 21, 2025, and listed on both the NSE and BSE on Jan 23, 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar. Sarthi Capital Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Stallion India IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 85 – 90
- Lot Size
- 165
- Issue Size
- ₹199.45 Cr
- Minimum Investment
- ₹14850 (165 Shares)
- Listing Date
- 23 January 2025
Current GMP
₹35 (+38.89%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Stallion India Fluorochemicals Limited
Stallion India Fluorochemicals Limited, commonly known as Stallion, is a Mumbai-based company founded on September 5, 2002, by Shazad Sheriar Rustomji, who currently serves as the Chairman & Managing Director. The company specializes in the sale, processing, and distribution of refrigerant and industrial gases, including debulking, blending, and filling gases into small cylinders and containers.
Stallion operates four facilities across Maharashtra, Rajasthan, and Haryana, which are designed to store gases in a controlled environment, ensuring safety standards are met. The company’s products are used in a variety of industries, including air conditioning, refrigeration, fire fighting, semiconductor manufacturing, automobile manufacturing, pharmaceuticals, glass manufacturing, and more.
The company deals primarily in fluorochemicals, particularly gases such as Hydrocarbons (HC), Hydrofluorocarbons (HFCs), and Hydrofluoroolefins (HFOs). These gases are utilized for applications such as refrigeration, air conditioning, fire extinguishing, and in manufacturing processes for products like foam, aerosols, and glass.
Stallion’s experienced team, led by Rustomji, brings over 30 years of expertise in the fluorochemicals and specialty gases sector, contributing significantly to the company’s growth and reputation in the industry. The company is committed to providing customized solutions that improve operational efficiency and reduce environmental impact, while also enhancing productivity for its clients.
Stallion India IPO Promoters
- Shazad Sheriar Rustomji
- Manisha Shazad Rustomji
- Rohan Shazad Rustomji
Promoters Holding
Holding Pre Issue
94.63%
Holding Post Issue
67.90%
Stallion India IPO Objective
The net proceeds of the Fresh Issue:
- Funding incremental working capital requirements of the Company.
- Funding capital expenditure requirements for our Semi-conductor & Specialty Gas debulking & blending facility (“Khalapur, Maharashtra”).
- Funding capital expenditure requirements for our Refrigerant debulking & blending facility (“Mambattu, Andhra Pradesh”).
- General Corporate Purposes.
Address / Contact Info
Stallion India Fluorochemicals Limited
2, A Wing, Knox Plaza,
Off. Link Road, Mindspace,
Malad - (West), Mumbai - 400064
Phone: 022-43510000
Email: compliance@stallion.in
Website: https://stallionfluorochemicals.com
IPO Snapshot
Book Running Lead Managers
- Sarthi Capital Advisors Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Stallion India IPO is a Book-building IPO with a total issue size of ₹199.45 crore. The Stallion India IPO price band is ₹85 to 90 per share. The Stallion India IPO subscription opens on Thu, Jan 16, 2025, and closes on Mon, Jan 20, 2025. The Stallion India IPO will be listed on the BSE,NSE. Bigshare Services Pvt Ltd is the registrar for the Stallion India IPO.
The Stallion India IPO opens on Thu, Jan 16, 2025 and closes on Mon, Jan 20, 2025
Stallion India IPO Price Band is ₹85 to 90 per share.
Stallion India IPO lot size is 165 shares, Retail investors need a minimum investment of ₹14850 based on the upper price band
The minimum investment for Stallion India IPO is ₹14850, based on one lot of 165 shares at the upper price band of ₹90 per share.
Investors can apply for the Stallion India IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jan 20, 2025. The application amount remains blocked until the Stallion India IPO allotment is finalized.
Stallion India IPO issue size is ₹199.45 crores.
Stallion India IPO allotment date is Wed, Jul 1, 2026.
The registrar for Stallion India IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Stallion India IPO allotment status, refund processing, and other IPO-related information.
The Stallion India IPO GMP (Grey Market Premium) is ₹35 as of Thu, Jan 23, 2025. Based on the upper price band of ₹90 per share, the estimated Stallion India IPO listing price is ₹125, indicating a potential listing gain of approximately 0% over the issue price.