| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹199.45 Cr |
| Fresh Issue | ₹160.73 Cr |
| Offer for Sale | ₹38.72 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน85.00-90.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544342 |
| NSE Code | STALLION |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 165 shares and in multiples thereof
Incorporated in 2002, 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.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding incremental working capital requirements of Company | 95.00 |
| 2 | Funding capital expenditure requirements for Semi-conductor & Specialty Gas debulking & blending facility (Khalapur | 29.16 |
| 3 | Funding capital expenditure requirements for Refrigerant debulking & blending facility (Mambattu | 21.18 |
| 4 | General Corporate Purposes | 3.41 |
| 5 | Issue Expenses | 14.88 |
| Total | 163.62 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 235.69 | 203.14 | 126.18 | 98.01 |
| Total Income | 141.53 | 236.23 | 226.06 | 186.34 |
| Profit After Tax | 16.57 | 14.79 | 9.75 | 21.11 |
| NET Worth | 134.53 | 117.96 | 70.70 | 60.94 |
| Total Borrowing | 81.05 | 65.35 | 18.27 | 1.97 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 12.54% |
| ROCE | 13.96% |
| Debt / Equity | 0.55% |
| RoNW | 12.54% |
| PAT Margin | 6.26% |
| Price to Book Value | 4.69 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.41 | 4.18 |
| P/E (x) | 37.41 | 21.55 |
| Promoter Holding | 94.63% | 67.9% |
| Market Cap | โน713.93 Cr. | |