Stallion India’s initial public offering (IPO) comprises a book-built issue valued at Rs 199.45 crores. The offering consists of a fresh issue of 1.79 crore shares, totaling Rs 160.73 crores, and an offer for sale of 0.43 crore shares, amounting to Rs 38.72 crore.
The subscription period for the Stallion India IPO began on January 16, 2025, and will conclude on January 20, 2025. The allocation process is anticipated to be completed on Tuesday, January 21, 2025. The company’s shares are slated to be listed on both the BSE and NSE, with the tentative listing date set for Thursday, January 23, 2025.
The price range for the Stallion India IPO has been established between ₹85 and ₹90 per share. Investors can apply for a minimum of 165 shares. Retail investors are required to invest a minimum of ₹14,850. For small non-institutional investors (sNII), the minimum investment is 14 lots (2,310 shares), equating to ₹2,07,900, while for large non-institutional investors (bNII), it is 68 lots (11,220 shares), totaling ₹10,09,800.
Sarthi Capital Advisors Private Limited has been appointed as the book running lead manager for the Stallion India IPO, with Bigshare Services Pvt Ltd serving as the registrar for the offering.
Stallion India Fluorochemicals Limited Fundamentals
Stallion India Fluorochemicals Limited, founded in 2002, specializes in the distribution of refrigerant and industrial gases, along with associated products. The company’s core operations involve the decanting, mixing, and processing of these gases, as well as the sale of pre-filled containers and small cylinders.
The company operates four production facilities located in Khalapur and Panvel (Raigad, Maharashtra), Ghiloth (Alwar, Rajasthan), and Manesar (Gurugram, Haryana).
Stallion primarily deals with fluorochemicals, which are predominantly used as refrigerants. Their gas products find applications in various sectors, including semiconductor production, automotive, electronics, pharmaceuticals, healthcare, fire suppression, spray foam manufacturing, glass container production, and aerosol creation.
Key Advantages:
- Established market presence
- Operational risk mitigation through business model
- Diverse clientele in high-growth industries and enduring customer relationships
- Knowledgeable promoter and key management team
- History of steady financial results
- Multiple production facilities
Stallion India IPO Schedule
Stallion India IPO opens on January 16, 2025, and closes on January 20, 2025.
| IPO Open Date | Thursday, January 16, 2025 |
| IPO Close Date | Monday, January 20, 2025 |
| Basis of Allotment | Tuesday, January 21, 2025 |
| Initiation of Refunds | Wednesday, January 22, 2025 |
| Credit of Shares to Demat | Wednesday, January 22, 2025 |
| Listing Date | Thursday, January 23, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 20, 2025 |
Stallion India IPO Lot Size
Investors can bid for a minimum of 165 shares and in multiples thereof. The table below depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 165 | ₹14,850 |
| Retail (Max) | 13 | 2145 | ₹1,93,050 |
| S-HNI (Min) | 14 | 2,310 | ₹2,07,900 |
| S-HNI (Max) | 67 | 11,055 | ₹9,94,950 |
| B-HNI (Min) | 68 | 11,220 | ₹10,09,800 |
Stallion India IPO Promoter Holding
Shazad Sheriar Rustomji, Manisha Shazad Rustomji and Rohan Shazad Rustomji are the company promoters.
| Share Holding Pre Issue | 94.63% |
| Share Holding Post Issue | 67.90% |
Stallion India Limited IPO GMP
Stallion India IPO’s last GMP is ₹40, last updated Jan 18th, 2025 10:31 AM. With the price band of 95.00, Stallion India IPO’s estimated listing price is ₹135 (cap price + today’s GMP). The expected percentage gain/loss per share is 45%.
How can you apply for Stallion India Limited IPO through Zerodha?
If you are interested in this IPO and any other IPO then you easily open your demat account with the below link Zerodha:
https://zerodha.com/open-account?c=IQH852
