Stallion India Fluorochemicals Ltd. IPO

Min Investment
₹ 14,850 / 165 shares
Price Range
₹85 - ₹ 90
Bidding Dates
16 Jan '25 - 20 Jan '25
Total Issue Value
199.45 Cr
Lot Size
165
Total Issue Size
199.45 Cr
Listing At
BSE, NSE
Subscription
132.51 times
BSE Price
236.80 (163.11%)
NSE Price
235.06 (161.18%)

IPO Timeline

  • 16 Jan 2025
    Bidding Starts
  • 20 Jan 2025
    Bidding Ends
  • 21 Jan 2025
    Allotment Finalization
  • 23 Jan 2025
    Listing

About Stallion India Fluorochemicals Ltd.

We are into the business of selling Refrigerant and Industrial Gases and related products. Our primary business consists of debulking, blending and processing of Refrigerant and Industrial gases, selling of pre filled cans and small Cylinders/ Containers. We have four facilities located in ... Read more

Parent organisation
Founded
Stallion India Fluorochemicals Ltd.
2002

Stallion India Fluorochemicals Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 66,48,419 (30%)
Non Institutional Investors 33,24,209 (15%)
Qualified Institutional Buyers (QIBs) 44,32,279 (20%)
Retail Individual Investors (RIIs) 77,56,489 (35%)

Stallion India Fluorochemicals Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 379.47 Cr 32.33 Cr 221.52 Cr
31 Mar 2024 236.23 Cr 14.79 Cr 56.50 Cr
31 Mar 2023 226.06 Cr 9.75 Cr 15.58 Cr

Stallion India Fluorochemicals Ltd. Background

Our Company was incorporated as Stallion India Fluorochemicals Private Limited, a private limited company, at Mumbai under the Companies Act, 1956 on September 05, 2002, and was granted the certificate of incorporation by the RoC. Subsequently, the name of the Company was changed to Stallion ...

Read more

Major Events And Milestones
  • 1992
    Stallion Enterprises started operations in 1992.
    (Acquired by the company on a Slump Sale basis pursuant to slump sale agreement in the year
    2023)
  • 1998
    Stallion established its first standalone HFC debulking /bottling facility in India in 1998 at its Panvel facility outside Mumbai.
  • 2002
    Stallion started operations at its North India de-bulking /bottling facility at Manesar –Gurgaon in 2002 to support just in time supplies for its customers in the NCR region.
    Stallion India Fluorochemicals Private Limited is incorporated.
  • 2006
    Stallion and Honeywell enters into agreement to jointly market and distribute Honeywell’s HFC’s, Fluorines and Refrigerant Specialities in India.
  • 2009
    Stallion initiated work to help Indian Navy retrofit existing vessels from CFC’s to alternate HCFC blends
  • 2010
    Stallion Introduces and starts testing of the next generation HMPE ropes with the Indian Navy and initiates the yearlong No cost No commitment trials.
  • 2013
    Stallion sets up a wholly new Flammable gas debulking and refilling Plant at its Khalapur facility in Maharashtra for all the hydrocarbon, HFC and next generation HFO gas.
  • 2016
    Stallion Starts commercial supplies of HFO-1234yf to auto OEM’s in India to help Indian auto OEM’s meet the European F gas regulations for their exports to Europe.
    Stallion enters into an agreement with Daikin Japan and Daikin Appliances India Pvt. Ltd. to be the sourcing and Logistic partner to allow successfully HFC-32 to be commercially available for the AC&R Industry in India
    Stallion Starts Commercial supplies of Isobutane, from its Khalapur plant, for refrigerator OEM’s in India to support the HFC phase out and meet the strict Energy Emission norms.
  • 2017
    Stallion Introduces and promotes the next generation Solstice HFO Refrigerants under agreement with Honeywell in India
  • 2018
    Stallion expands its Khalapur facility to a second plant and starts blending facility for Refrigerant Blends.
  • 2020
    Stallion Starts its new facility at Ghiloth, Rajasthan for Refrigerants and Flammable gases to supplement its Manesar Plant and to meet the growing demand in North India
  • 2023
    Stallion India Fluorochemicals Private Limited goes Public Limited
    Stallion India Fluorochemicals Limited, takes over Stallion Enterprises in a Slump Sale
Stallion India Fluorochemicals Ltd. Object of Issues

1. Funding incremental working capital requirements of our Company
2. Funding capital expenditure requirements for our Semi-conductor & Specialty Gas debulking & blending facility (“Khalapur, Maharashtra”)
3. Funding capital expenditure requirements for our Refrigerant debulking & blending facility (“Mambattu, Andhra Pradesh”)
4. General Corporate Purposes

Stallion India Fluorochemicals Ltd. IPO Listing Details
Listing Date
23 Jan 2025
BSE Script Code
STALLFLUOR
NSE Symbol
STALLFLUOR
ISIN
INE0RYC01010
Final Issue Price
₹ 90
Stallion India Fluorochemicals Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 90.00 ₹ 90.00
Open ₹ 120.00 ₹ 120.00
Low ₹ 120.00 ₹ 120.00
High ₹ 125.99 ₹ 126.00
Last Trade ₹ 125.99 ₹ 126.00
Stallion India Fluorochemicals Ltd. Company Promoters

1. Shazad Sheriar Rustomji
2. Manisha Rustomji
3. Rohan Rustomji

Industry Overview

The Indian Fluorochemicals and Specialty Gases market is set to grow at a CAGR of 16-18% from 2024 to 2029, reaching $675-725 million. Key drivers include rising demand from electronics, healthcare, and manufacturing sectors. Fluorochemicals and specialty gases are crucial for applications like ... Read more

Stallion India Fluorochemicals Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Stallion India Fluorochemicals Ltd. IPO Lead Manager(s)
Sarthi Capital Advisors Pvt. Ltd.
401, 4th Floor, Manek Plaza, 167, Vidyanagari Marg, Kalina, Santacruz (East), Mumbai Maharashtra - 400098
26528671, 26528672

FAQs

When does Stallion India Fluorochemicals Ltd. IPO opens and closes?

Stallion India Fluorochemicals Ltd. IPO opens from 16th January to 20th January 2025.

What is the size of Stallion India Fluorochemicals Ltd. IPO?

The size of the Stallion India Fluorochemicals Ltd. IPO is ₹199.45 Cr.

What is the price range of Stallion India Fluorochemicals Ltd. IPO?

The price range of Stallion India Fluorochemicals Ltd. IPO is at ₹85 to ₹90 per share.

What is the minimum investment and lot size required for the Stallion India Fluorochemicals Ltd. IPO?

The minimum investment required is ₹14,850 and minimum lot size is 165 shares.

When is Stallion India Fluorochemicals Ltd. IPO listing date?

The Stallion India Fluorochemicals Ltd. IPO will be listed on 23rd January 2025.

What is the objective of Stallion India Fluorochemicals Ltd. IPO?

1. Funding incremental working capital requirements of our Company
2. Funding capital expenditure requirements for our Semi-conductor & Specialty Gas debulking & blending facility (“Khalapur, Maharashtra”)
3. Funding capital expenditure requirements for our Refrigerant debulking & blending facility (“Mambattu, Andhra Pradesh”)
4. General Corporate Purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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