Stallion India Fluorochemicals Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹85 - ₹90
- Lot size
- 165 shares
- Issue amount
- ₹199.45 cr
- Total subscription
- 188.38×
- Opens
- 16 Jan 2025
- Closes
- 20 Jan 2025
- Allotment
- 21 Jan 2025
- Listing
- 23 Jan 2025
Offer at a glance
Issue overview
- Issue size
- 2,21,61,396 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,025
- Fresh issue
- ₹160.73 cr
- Offer for sale
- ₹38.72 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,850
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,50,10,000
- Shares after issue
- 2,06,10,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 165 | ₹14,850 |
| sHNI | 14 | 2,310 | ₹2,07,900 |
| bHNI | 68 | 11,220 | ₹10,09,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 47,009 | 36,75,190 |
| HNIs(10L +) | 959 | 90,863 |
| HNIs (2-10L) | 480 | 1,46,946 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 39.89 | 6,898.19 |
| RETAIL | 69.81 | 6,764.4 |
| HNIs 2+ | 9.97 | 3,206.18 |
| HNIs 10+ | 19.95 | 9,431.84 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-24 | Mar-24 | Mar - 23 |
|---|---|---|---|
| EPS | 2.69 | 2.54 | 1.77 |
| ROE | 12.31 | 12.54 | 13.79 |
| ROCE | 11.58 | 13.96 | 15.8 |
| RONW | 12.31 | 12.54 | 13.79 |
| PRE IPO(PE) | 0 | 37.41 | 0 |
| POST IPO(PE) | 21.55 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Stallion India Fluorochemicals Limited, established on September 5, 2002, is a Mumbai-based company led by its founder and Chairman, Shazad Sheriar Rustomji. The company specializes in producing and supplying refrigerants and specialty gases, focusing on HFC and HFO categories. It serves various industries, including semiconductors, automotive, electronics, pharmaceuticals, and fire safety. With nearly 20 years of experience in handling fluorochemicals, Stallion operates four advanced plants in Maharashtra, Rajasthan, and Haryana, adhering to strict safety and storage standards. The company provides tailored solutions to improve efficiency, productivity, and sustainability while helping clients reduce energy costs. Known for its product diversification in specialty gases, Stallion has become a trusted name in the industry, driven by a strong leadership team and a commitment to innovation and environmental responsibility.
Strengths
- Specialty Gases Expertise: With almost 20 years of experience, Stallion excels in blending and manufacturing HFC and HFO specialty gases, offering customized formulations to meet the unique needs of various industries.
- Strategic Facility Locations: The company operates four advanced plants across key regions in India, ensuring efficient distribution and meeting regional demands while maintaining strict safety standards.
- Tailored Client Solutions: Leveraging deep industry knowledge and engineering expertise, Stallion provides tailored solutions designed to boost clients' efficiency, adaptability, and sustainability.
Risk factors
- Reliance on Refrigerant Gases: The company's revenue heavily depends on the sale of refrigerant gases in specific regions, making it susceptible to fluctuations in demand.
- Volatile Raw Material Costs: Increasing raw material costs could adversely affect profit margins and overall financial stability.
- Dependence on Chinese Imports: Significant reliance on imports from China exposes the company to risks related to trade restrictions or supply chain disruptions.
Promoters
Shazad Sheriar Rustomji
Manisha Shazad Rustomji
Rohan Shazad Rustomji
Objects of the issue
0
Registrar & documents
Lead manager
Sarthi Capital Advisors Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
2, A Wing, Knox Plaza, Off. Link Road, Mindspace, Malad - (West), Mumbai - 400064
022-43510000
[email protected]Company website ↗Understanding STALLION IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.