The Stallion India IPO has generated massive interest among retail and institutional investors, given its overwhelming subscription numbers and industry growth potential. If you’re an investor waiting for the allotment results or considering the company’s future prospects, this guide will walk you through everything you need to know, including how to check the Stallion India IPO Allotment Status, the IPO details, subscription stats, financials, and listing date.
About Stallion India Fluorochemicals IPO
The Stallion India Fluorochemicals IPO opened for subscription on January 16, 2025, and closed on January 20, 2025. The IPO saw a stellar response from all categories of investors, making it one of the most talked-about public issues of the year. The shares are set to list on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).
Key Details:
- Price Band: ₹85 – ₹90 per equity share
- IPO Size: ₹199.45 crore (Fresh Issue + Offer for Sale (OFS))
- Fresh Issue: ₹155 crore
- Offer for Sale: ₹44.45 crore
- Minimum Lot Size: 165 shares
- Listing Date: January 23, 2025
- Allotment Date: January 21, 2025
- Registrar: Bigshare Services Private Limited
Objectives of the IPO:
The funds raised will be used for:
- Working Capital Requirements: ₹95 crore
- Expansion of Manufacturing Facilities: ₹50.32 crore (in Maharashtra and Andhra Pradesh)
- General Corporate Purposes
Stallion India IPO Subscription Details
The IPO received an overwhelming response from all categories of investors, with a consolidated subscription rate of 188.38 times. Here’s a breakdown of the subscription numbers:
- Qualified Institutional Buyers (QIB): 172.93 times
- Non-Institutional Investors (NII): 422.42 times
- Retail Individual Investors (RII): 96.90 times
The IPO fetched bids for 292.23 crore shares against 1.55 crore shares on offer, highlighting its popularity.
How to Check Stallion India IPO Allotment Status
The allotment of shares is expected to be finalized on January 21, 2025. If you’ve applied for the IPO, you can check the allotment status online using three platforms: the Bigshare Services website (official registrar), the NSE, and the BSE.
1. Check Allotment Status on Bigshare Services (Registrar):
Bigshare Services is the official registrar for the Stallion India IPO, and you can check your allotment status here.
Steps:
- Visit the Bigshare Services IPO allotment page:
https://www.bigshareonline.com/ipo_Allotment.html - Select ‘Stallion India Fluorochemicals Limited’ from the dropdown menu.
- Enter your application number, beneficiary ID (DP ID/Client ID), or PAN number.
- Complete the CAPTCHA verification.
- Click ‘Search’ to view your allotment status.
2. Check Allotment Status on NSE:
Investors can also check the allotment status on the National Stock Exchange (NSE).
Steps:
- Visit the NSE’s IPO bid verification page:
https://www.nseindia.com/ - Log in (existing users) or sign up for a new account.
- Select ‘Stallion India Fluorochemicals Limited’ from the list of IPOs.
- Enter your application number and PAN number.
- Click ‘Submit’ to view your allotment status.
3. Check Allotment Status on BSE:
The Bombay Stock Exchange (BSE) also provides a platform to check IPO allotments.
Steps:
- Visit the BSE IPO allotment portal:
https://www.bseindia.com/investors/appli_check.aspx - Select ‘Equity’ under the Issue Type dropdown.
- Choose ‘Stallion India Fluorochemicals Ltd’ from the list of IPOs.
- Enter your application number and PAN number.
- Complete the CAPTCHA verification.
- Click ‘Submit’ to check your allotment.
Stallion India IPO Listing Date and Time
The shares of Stallion India Fluorochemicals Limited will be listed on the BSE and NSE on Thursday, January 23, 2025, at 10:00 AM.
Based on the Grey Market Premium (GMP) of ₹39-40, the shares are expected to list at approximately ₹129 per share, offering potential listing gains of around 43% over the upper price band of ₹90.
Stallion India Financial Performance
A strong financial track record has been a key factor driving investor interest in the Stallion India IPO. Below is a summary of the company’s financials:
| Particulars | FY22 | FY23 | FY24 | H1FY25 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 185.88 | 225.50 | 233.24 | 140.73 |
| Net Profit (₹ Cr) | 21.11 | 9.75 | 14.79 | 16.57 |
Key Takeaways:
- Revenue has grown consistently, showcasing operational efficiency and increasing demand for the company’s products.
- The net profit dipped in FY23 but rebounded strongly in FY24 and H1FY25, indicating a positive trend.
The company specializes in high-margin products such as refrigerants and industrial gases, catering to diverse industries like air conditioning, firefighting, automobile manufacturing, and pharmaceuticals.
Should You Hold or Sell After Allotment?
- For Short-Term Investors: The expected listing gains (based on GMP of ₹39-40) make it appealing for those looking to book quick profits.
- For Long-Term Investors: Stallion India’s robust financials, focus on high-margin products, and presence in fast-growing industries make it a strong candidate for medium- to long-term portfolios.
Conclusion
The Stallion India IPO has captured the market’s attention due to its strong subscription numbers, steady GMP, and promising growth outlook. Whether you’re checking the Stallion India IPO Allotment Status or planning your next move post-allotment, the company’s prospects look favorable both for listing gains and long-term investment.
Portfolio of Stallion India Fluorochemicals: An Overview of Products and Industries
Stallion India Fluorochemicals Limited is a leading player in the production and sale of refrigerants and industrial gases, serving diverse industries with a focus on high-quality, cost-effective, and innovative solutions. The company has built a strong portfolio of products and applications across critical sectors, positioning itself as a reliable partner in industries that demand precision, efficiency, and sustainability.
In this guide, we’ll explore the portfolio of Stallion India in detail, including its products, industries served, and its strategic focus on growth through high-margin offerings.
Core Products in the Portfolio
- Refrigerant Gases
- Stallion India is a leading supplier of refrigerants, which are essential for applications like air conditioning, refrigeration, and cooling systems.
- Key Applications:
- Domestic refrigerators and air conditioning units
- Commercial refrigeration systems (e.g., in supermarkets, cold storages, and warehouses)
- Automotive air conditioning
- Types of Refrigerants Offered:
- Hydrofluorocarbon (HFC) refrigerants
- Hydrochlorofluorocarbon (HCFC) refrigerants
- Low Global Warming Potential (GWP) alternatives
- Strategic Focus:
The company is pivoting toward environmentally friendly refrigerants in response to global regulations like the Kigali Amendment to the Montreal Protocol, which emphasizes phasing out high-GWP gases.
- Industrial Gases
- Stallion India’s industrial gases are widely used in manufacturing and processing industries. These gases serve as critical inputs in multiple industrial processes, enhancing productivity and product quality.
- Key Gases Offered:
- Fluorine and nitrogen-based gases
- Carbon dioxide (CO₂)
- Specialty gases for industrial applications
- Industries Served:
- Semiconductor manufacturing
- Glass bottle manufacturing
- Firefighting systems (extinguishing agents)
- Spray foam manufacturing
- Aerosols and Specialty Gases
- The company supplies aerosol propellants and specialty fluorochemicals, which are used in various consumer and industrial products.
- Applications:
- Pharmaceutical aerosols (e.g., inhalers for asthma patients)
- Personal care products (e.g., deodorants, sprays)
- Cleaning agents and industrial foams
- High-Margin Fluorochemicals
- Stallion India is strategically expanding into the production of high-margin fluorochemicals.
- Why High Margin?
These products are technologically advanced and cater to niche applications, allowing the company to charge a premium. - Examples:
- Chemicals used in semiconductor etching and cleaning
- Specialty refrigerants for critical industrial processes
Industries Served by Stallion India
Stallion India Fluorochemicals serves a wide array of industries, making it a versatile and essential player in the fluorochemical market. Below are the key industries and how Stallion India’s portfolio supports them:
- Air Conditioning and Refrigeration
- Products: Refrigerants
- Applications: Domestic, commercial, and industrial cooling systems
- Market Outlook: With the global push for energy efficiency and eco-friendly refrigerants, the demand for innovative products in this segment is growing exponentially.
- Semiconductor Manufacturing
- Products: Specialty gases and fluorochemicals
- Applications: Cleaning, etching, and manufacturing of semiconductors
- Market Outlook: The booming semiconductor industry, driven by increasing demand for electronics and AI-driven technologies, ensures strong growth potential for Stallion’s high-purity gases.
- Firefighting Systems
- Products: Specialty fluorochemical gases
- Applications: Extinguishing agents in fire suppression systems
- Key Features: Non-toxic, high efficiency in critical environments such as data centers and industrial facilities.
- Pharmaceutical and Medical Applications
- Products: Aerosol propellants and medical-grade gases
- Applications: Inhalers, medical sprays, and sterilization processes
- Market Outlook: The growing healthcare industry and demand for patient-centric solutions provide Stallion with significant growth opportunities.
- Automobile Manufacturing
- Products: Refrigerants and specialty gases
- Applications: Automotive air conditioning systems and production processes
- Market Outlook: With the rising penetration of electric vehicles (EVs), the demand for advanced cooling systems is set to grow.
- Aerosols and Personal Care Products
- Products: Fluorochemical propellants
- Applications: Consumer goods like sprays and deodorants
- Market Outlook: The increasing use of personal care products across emerging economies supports steady growth in this segment.
- Spray Foam Applications
- Products: Fluorochemical gases used as blowing agents
- Applications: Thermal insulation and construction
- Market Outlook: Increasing demand for energy-efficient buildings is driving growth in the spray foam market.
- Glass Bottle Manufacturing
- Products: Specialty gases for precise manufacturing processes
- Applications: Enhancing the quality of glass bottles and reducing defects during production.
Competitive Strengths of Stallion India’s Portfolio
- High-Quality and Cost-Effective Products:
Stallion India’s focus on maintaining stringent quality standards while controlling costs gives it a competitive edge in the market. - Focus on Environmental Compliance:
By introducing eco-friendly refrigerants and reducing greenhouse gas emissions, the company is aligning itself with global sustainability goals. - Diversified Client Base:
With a presence in industries like semiconductors, pharmaceuticals, and automotive manufacturing, Stallion India benefits from a diversified revenue stream. - Innovation in High-Margin Products:
Stallion India’s shift toward high-margin specialty chemicals and gases enhances profitability and allows the company to tap into niche markets with higher pricing power. - Growing Demand in Emerging Economies:
Rapid industrialization and urbanization in emerging markets are driving demand for Stallion India’s products, especially in air conditioning, refrigeration, and medical applications.
Future Growth Plans
Stallion India Fluorochemicals aims to leverage its existing strengths to expand its portfolio and geographical presence. The company has outlined several strategies for future growth:
- Geographical Expansion: Establishing a stronger presence in international markets, particularly in Asia-Pacific and the Middle East.
- Investment in R&D: Focused on developing innovative and eco-friendly fluorochemical solutions.
- Capacity Expansion: Allocating ₹50.32 crore from the IPO proceeds to expand manufacturing facilities in Maharashtra and Andhra Pradesh.
- Eco-Friendly Solutions: Increasing production of low-GWP refrigerants and gases to meet regulatory standards and customer demand.
Conclusion
The portfolio of Stallion India Fluorochemicals is diverse, catering to multiple industries with high-quality products and a focus on innovation. The company’s strategic transition to high-margin products and environmentally friendly solutions positions it as a key player in the fluorochemicals market. With its robust product portfolio, Stallion India is well-placed to benefit from growing industrial demand and regulatory shifts favoring sustainable practices.
For investors, the company’s portfolio demonstrates its growth potential in both domestic and international markets. If you are considering investing in Stallion India IPO or holding shares post-allotment, its well-rounded portfolio provides strong reasons for confidence in its long-term prospects.
