Stallion India Fluorochemicals Limited is engaged in the business of selling Refrigerant and Industrial Gases and related products. The company’s primary business includes debulking, blending and processing Refrigerant and Industrial gases, and selling of pre-filled cans and small Cylinders/ Containers.
The company has four Plants in Khalapur, Raigad (Maharashtra), Ghiloth, Alwar (Rajasthan), Manesar, Gurugram (Haryana) and Panvel, Raigad (Maharashtra).
Stallion India Fluorochemicals Limited (Stallion) deals in gases that are broadly classified as Fluorochemicals. They are majorly used as refrigerants. Stallion’s products such as gases are used in various industries, including semiconductor manufacturing, automotive, electronics, pharmaceuticals, healthcare, fire extinguishers, spray foam, glass bottle making, and aerosol production.
Stallion India IPO – Details
| IPO Opening Date | 16 January 2025 |
| IPO Closing Date | 20 January 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 2,21,61,396 Shares Worth ₹199.45 Crore Fresh Issue: 1,78,58,740 Shares Worth ₹160.73 Crore Offer for Sale: 43,02,656 Shares Worth ₹38.72 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹85 – ₹90 per share |
| Market Lot | 165 Shares |
| Min Order | 165 Shares (1 Lot) |
| Listing At | BSE, NSE |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Stallion India IPO – Date Schedule
| IPO Open Date | 16 January 2025 |
| IPO Close Date | 20 January 2025 |
| Basis of Allotment | 21 January 2025 |
| Initiation of Refund | 22 January 2025 |
| Credit of Shares to Demat Account | 22 January 2025 |
| IPO Listing Date | 23 January 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 20, 2025 |
Stallion India IPO – Lots Size & Price
| 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 |
Competitive Strengths
- Strong Market recognition.
- Business model and ability to mitigate operational risk.
- Customer base across high growth industries and long-standing relationships with customers.
- Experienced Promoter and Key Managerial Personnel.
- Track record of consistent financial performance.
- Plants.
Company Promoters
- Shazad Sheriar Rustomji
- Manisha Shazad Rustomji
- Rohan Shazad Rustomji
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 186.34 | 156.26 | 21.10 | 1.97 |
| 31 March 2023 | 226.06 | 213.08 | 9.75 | 18.27 |
| 31 March 2024 | 236.22 | 214.95 | 14.78 | 65.35 |
| 30 September 2024 | 141.53 | 119.06 | 16.56 | 81.05 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 12.54% |
| ROCE | 13.96% |
| Debt/Equity | 0.55 |
| RoNW | 12.54% |
| PAT Margin | 6.26 |
| Price to Book Value | 4.69 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 2.41 | 4.18 |
| P/E (x) | 37.41 | 21.55 |
Object Of The 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.
Stallion India IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 2 | Navin Flourine International Limited | 70.82 |
| 2 | 10 | SRF Limited | 49.30 |
| 3 | 1 | Gujarat Fluorochemicals Limited | 108.36 |
Stallion India IPO Promoter Holding
| Pre Issue Share Holding | 94.63% |
| Post Issue Share Holding | 67.90% |
Stallion India IPO Prospectus
Company Contact Information
| 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/ |
Stallion India IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Stallion India IPO Lead Manager(s)
| 1. Sarthi Capital Advisors Private Limited |
Stallion India IPO FAQs
| What is Stallion India IPO? Stallion India IPO is a main-board IPO. The issue is priced at ₹85 to ₹90 per equity share. The IPO is to be listed on BSE & NSE. |
| When Stallion India IPO will open? The IPO is to open on 16 January 2025 for QIB, NII, and Retail Investors. |
| What is Stallion India IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Stallion India IPO? You can apply Stallion India IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Stallion India IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Stallion India IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Stallion India IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Stallion India IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Stallion India IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Stallion India IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Stallion India IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Stallion India IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Stallion India IPO Size? Stallion India IPO size is ₹199.45 Crore. |
| What is the Stallion India IPO Price Band? Stallion India IPO Price Band is ₹85 to ₹90. |
| What is Stallion India IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 165 Shares with ₹14,850 amount while the maximum bid is 2145 Shares with ₹1,93,050. |
| What is the Stallion India IPO Allotment Date? Stallion India IPO allotment date is 21 January 2025. |
| What is the Stallion India IPO Listing Date? Stallion India IPO listing date is 23 January 2025. The IPO is to be listed on BSE and NSE. |
