The Stallion India Fluorochemicals Limited IPO has garnered significant attention in the market, with its impressive subscription numbers and strong Grey Market Premium (GMP). Here’s an in-depth look at the Stallion India Fluorochemicals IPO allotment process, GMP trends, and key details about the company’s operations.
Stallion India Fluorochemicals shares started trading at ₹120, a 33% jump from its IPO price of ₹90. This strong debut indicates investor confidence in the company.
Stallion India IPO GMP (Grey Market Premium)
As of January 21, 2025, the GMP of Stallion India Fluorochemicals stands at ₹41 per share, reflecting a premium of 53.33% over the issue price. This robust GMP indicates strong market confidence and enthusiasm for the IPO.
Daily GMP Trends:
- January 23: ₹35
- January 22: ₹35
- January 22: ₹43
- January 21: ₹41
- January 20: ₹48
- January 19: ₹43
Note: GMP trends are based on unauthenticated market sources and should not be the sole basis for investment decisions. Investors are advised to conduct thorough research.
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IPO Details
- IPO Size: ₹199.45 crores
- Fresh Issue: ₹160.73 crores
- Offer for Sale: ₹38.72 crores
- Price Band: ₹85 to ₹90 per share
- Subscription Period: January 16, 2025, to January 20, 2025
- Tentative Listing Date: January 23, 2025
- Lead Manager: Sarthi Capital Advisors Private Limited
- Registrar: BigShare Services Pvt. Ltd.
Subscription Status (End of Day, January 20, 2025):
- Overall Subscription: 188.29 times
- Retail Investors: 96.76 times
- Qualified Institutional Buyers (QIB): 172.93 times
- Non-Institutional Investors (NII): 422.33 times
- High Net Worth Individuals (HNI, bids above ₹10 lakh): 472.89 times
- Small NII (bids below ₹10 lakh): 321.21 times
Stallion India Fluorochemicals IPO Allotment
The allotment for Stallion India Fluorochemicals Limited’s IPO is being finalized today, January 21, 2025. Investors can check their IPO allotment status through various platforms:
Steps to Check Stallion India Fluorochemicals IPO Allotment on BSE:
- Open the Application Status page on the BSE website.
- Select ‘Equity’ as the issue type.
- Choose “Stallion India Fluorochemicals Limited” from the dropdown menu.
- Enter your IPO application number or PAN details.
- Verify the captcha by clicking on the ‘I am not a Robot’ box.
- Click on the Submit button to view your allotment details.
Steps to Check Stallion India Fluorochemicals IPO Allotment on NSE:
- Visit the NSE IPO allotment page.
- Select “STALLION” from the dropdown menu.
- Enter your PAN number and application number.
- Click on Submit to check your allotment status.
Steps to Check Allotment on BigShare Services:
- Go to the official website of BigShare Services Pvt. Ltd.
- Select “Stallion India Fluorochemicals Limited” from the dropdown menu.
- Provide your application number, beneficiary ID, or PAN.
- Clear the captcha and click Search to retrieve your allotment details.
Business Overview of Stallion India Fluorochemicals
Founded in 2002, Stallion India Fluorochemicals Limited specializes in the sale of refrigerant and industrial gases. The company’s operations include debulking, blending, and processing these gases. Key industries served include semiconductors, automotive, healthcare, and aerosol manufacturing.
Manufacturing Facilities:
- Khalapur and Panvel (Raigad, Maharashtra)
- Ghiloth (Alwar, Rajasthan)
- Manesar (Gurugram, Haryana)
Use of IPO Proceeds:
The fresh issue proceeds will be allocated towards:
- Incremental working capital requirements
- Setting up a Semiconductor & Specialty Gas Facility in Khalapur, Maharashtra
- Establishing a Refrigerator Gas Facility in Mambattu, Andhra Pradesh
- General corporate purposes
Conclusion
The Stallion India Fluorochemicals IPO has seen overwhelming market interest, as evidenced by its high subscription rates and strong GMP. With its robust business model and expansion plans, the company is poised to make a significant impact in the fluorochemicals sector. For investors, checking the Stallion India Fluorochemicals IPO allotment and monitoring the GMP of Stallion India can provide valuable insights into the IPO’s performance and future potential.
Disclaimer: The Grey Market Premium (GMP) values are based on market sources and should be considered indicative. Investors are encouraged to perform their own due diligence before making investment decisions.