Stallion India IPO Details
| IPO Issue Open Date: | 16 January 2025 |
| IPO Issue Close Date: | 20 January 2025 |
| IPO Issue Price Band: | ₹85 to ₹90 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹199.45 Crores | [] shares |
| Fresh Issue: | ₹160.73 Crores | [] shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | BSE NSE |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Stallion India IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Stallion India IPO Dates Timeline
| Issue Open Date: | 16 January 2025 |
| Issue Close Date: | 20 January 2025 |
| Basis of Allotment Date: | 21 January 2025 |
| Refunds Initiation: | 20 January 2025 |
| Shares Credit in Demat: | 21 January 2025 |
| IPO Listing Date Detail: | 23 January 2025 |
Stallion India IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 165 shares = ₹14,850 |
| Retail (Max) | 13 lots and 2145 shares = ₹1,93,050 |
| HNI (Min) | 14 lots and 2,310 shares = ₹2,07,900 |
| B-HNI Minimum | 68 lots and 11,220 shares = ₹10,09,800 |
Stallion India IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹- | ₹- | ₹- | ₹- |
About Stallion India
Stallion India Fluorochemicals Limited established in 2002, works in the business of supplying and manufacturing refrigerants and a variety of gases. The company is renowned for manufacturing a wide variety of gases by mixing two or more gases to produce new formulations. They have in-depth experience in debulking, bottling, and distributing fluorochemicals for over 20 years. HFC and HFO are the two primary gas types in the company’s portfolio, and they are utilized in a variety of industries. The company has four plants at Khalapur, Raigad (Maharashtra), Ghiloth, Alwar (Rajasthan), Manesar, Gurugram (Haryana), and Panvel, Raigad (Maharashtra). Their specialty gases are used in a diverse range of industries like semiconductor manufacturing, automotive industry, electronics, pharmaceuticals, medical fields, fire extinguishment systems, spray foam production, glass bottle manufacturing, and aerosol production. Their long-term goal is to build their business with a diverse selection of gases and become the industry’s most popular leader. The company produced ₹9,274.39 in revenue from operations between April and September 2023.
Stallion India IPO Strengths
- Companies in this industry typically possess advanced chemical expertise, allowing them to develop and produce specialized fluorochemicals and gases.
- Due to specialized knowledge, technology and infrastructure required, this industry has high entry barriers reducing the threat of new entrants.
- Adherence to strict safety and environmental regulations is a strength as it ensures responsible business practices and minimizes legal and reputational risks.
- Many companies in this industry operate on a global scale and are majorly into exports, allowing for a broad customer base and diversified markets.
Objects of the IPO Issue
- Funding incremental working capital requirements of our 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 Company Financial Report
The company reported revenue of ₹236.23 crores in 2024 against ₹226.06 crores in 2023. The company reported a profit of ₹14.79 crores in 2024 against a loss of ₹9.75 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹186.34 | ₹156.27 | ₹21.11 | ₹98.01 |
| 2023 | ₹226.06 | ₹213.09 | ₹9.75 | ₹126.18 |
| 2024 | ₹236.23 | ₹214.96 | ₹14.79 | ₹203.14 |
| September 2024 | ₹141.53.1 | ₹119.06 | ₹16.57 | ₹235.69 |
Stallion India IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 12.54% |
| ROCE: | 13.96% |
| EBITDA Margin: | 11.30% |
| PAT Margin: | 6.26% |
| Debt to equity ratio: | 0.55 |
| Earning Per Share (EPS): | ₹2.54 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 12.54% |
| Net Asset Value (NAV): | ₹19.19 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Navin Flourine International Limited | 47.44 | 70.82 | 10.22% | – | 235.17 Cr. |
| SRF Limited | 46.35 | 49.30 | 13.07% | – | 1,374.03 Cr. |
| Gujarat Fluorochemicals Limited | 38.12 | 108.36 | 7.07% | – | 418.75 Cr. |
Stallion India IPO Registrar
Bigshare Services Pvt. Limited
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Stallion India IPO Lead Manager
- Sarthi Capital Advisors Private Limited
Stallion India IPO allotment status check on Bigshare Services website. Click on Bigshare Services to get allotment status.
Promoters of Stallion India
- Shazad Sheriar Rustomji
- Manisha Shazad Rustomji
- Rohan Shazad Rustomji.
Company Address
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: www.stallionfluorochemicals.com