Stallion India IPO will open for subscription on January 16, 2025, and close on January 20, 2025. It is a Book Built Issue IPO, aiming to raise approximately ₹199.45 crores. The offer includes a fresh issue of ₹160.73 crores and an offer for sale of up to 43,02,656 equity shares with a face value of ₹10 each.
The price band for Stallion India IPO is set at ₹85 to ₹90 per share, with a retail investor quota of 35%, QIB quota of 50%, and HNI quota of 15%. The IPO is scheduled to be listed on BSE and NSE on January 23, 2025, while the allotment date is January 21, 2025.
In terms of financial performance, the company reported ₹236.23 crores in revenue for 2024, up from ₹226.06 crores in 2023. Profit after tax stood at ₹14.79 crores in 2024, compared to ₹9.75 crores in 2023. Considering the growth trajectory and robust financials, investors may find Stallion India IPO a suitable option for long-term investment.
Stallion India Fluorochemicals IPO Date & Price Band Details
| Category | Details |
|---|---|
| IPO Open Date: | January 16, 2025 |
| IPO Close Date: | January 20, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹85 to ₹90 Per Share |
| Issue Size: | Approx ₹199.45 Crores |
| Fresh Issue: | Approx ₹160.73 Crores |
| Offer for Sale: | Approx 43,02,656 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
About Stallion India Fluorochemicals Company Overview
Stallion India Fluorochemicals Limited is a prominent player in the Indian fluorochemicals market. Incorporated in 2002, the company specializes in the manufacturing, blending, and distribution of a wide range of fluorochemicals. These products find applications in various sectors, including refrigeration, air conditioning, automotive, electronics, pharmaceuticals, and more.
Key Activities:
- Debulking and Blending: Stallion India Fluorochemicals focuses on debulking large quantities of fluorochemicals and blending them to create specific formulations for diverse applications.
- Refrigerants: The company is a significant supplier of refrigerants, offering a comprehensive range of products to cater to the evolving needs of the refrigeration and air conditioning industry.
- Industrial Gases: Stallion India Fluorochemicals also manufactures and supplies various industrial gases, including specialty gases used in sectors like semiconductors and electronics.
- Pre-filled Cans and Small Cylinders: The company provides pre-filled cans and small cylinders containing fluorochemicals, making them convenient for various end-users.
Strengths:
- Strong Market Position: Stallion India Fluorochemicals has established a strong market position in the Indian fluorochemicals market due to its extensive product portfolio, reliable supply chain, and widespread distribution network.
- Experienced Management Team: The company boasts a seasoned management team with in-depth industry knowledge and expertise, driving its growth and operational efficiency.
- Focus on Innovation: Stallion India Fluorochemicals continuously invests in research and development to introduce new products and improve existing ones, ensuring it remains competitive in the dynamic market.
- Customer-Centric Approach: The company prioritizes customer satisfaction by providing high-quality products, timely delivery, and excellent customer service.
Risks:
- Competition: The fluorochemicals market is competitive, with both domestic and international players vying for market share.
- Regulatory Changes: The industry is subject to stringent regulations, and any changes in environmental or safety regulations could impact the company’s operations and profitability.
- Raw Material Price Fluctuations: Fluctuations in the prices of raw materials can significantly impact the company’s margins.
- Environmental Concerns: The use of certain fluorochemicals raises environmental concerns, and stricter regulations or public pressure could limit their use in the future.
Stallion India Fluorochemicals IPO Market Lot
The Stallion India IPO has a minimum market lot of 165 shares requiring an application amount of ₹14,850. Retail investors can apply for up to 13 lots, totaling 2,145 shares with a maximum investment of ₹1,93,050.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 165 | ₹14,850 |
| Retail Maximum | 13 | 2145 | ₹1,93,050 |
| S-HNI Minimum | 14 | 2,310 | ₹2,07,900 |
| B-HNI Minimum | 68 | 11,220 | ₹10,09,800 |
Stallion India Fluorochemicals IPO Allotment & Listing Dates
The Stallion India IPO opens on January 16 and closes on January 20. The IPO allotment date is set for January 21, with the IPO listing date scheduled for January 23. Stay updated for more key details and insights.
| Type | Date |
|---|---|
| IPO Open Date: | January 16, 2025 |
| IPO Close Date: | January 20, 2025 |
| Basis of Allotment: | January 21, 2025 |
| Refunds: | January 20, 2025 |
| Credit to Demat Account: | January 20, 2025 |
| IPO Listing Date: | January 23, 2025 |
Promoters of Stallion India Fluorochemicals IPO
The promoters of the company are Shazad Sheriar Rustomji, Manisha Shazad Rustomji, and Rohan Shazad Rustomji, driving the business with strategic leadership and industry expertise.
Stallion India Fluorochemicals IPO Company Financial Report
The company reported revenue of ₹236.23 crores in 2024, showing growth compared to ₹226.06 crores in 2023. The profit surged to ₹14.79 crores in 2024, a significant increase from ₹9.75 crores in 2023, highlighting improved financial performance.
Amount ₹ in Crores
| 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 Fluorochemicals IPO Valuation – FY2024
| 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 |
Stallion India Fluorochemicals Peer Group Comparison
| 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. |
Objects of the Issue
- Funding incremental working capital requirements to support the growth of our company
- Funding capital expenditure for our Semi-conductor & Specialty Gas debulking and blending facility in Khalapur, Maharashtra
- Funding capital expenditure for our Refrigerant debulking and blending facility in Mambattu, Andhra Pradesh
- Allocating resources for General Corporate Purposes to enhance overall business operations
Stallion India Fluorochemicals IPO Review
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Stallion India Fluorochemicals 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 Fluorochemicals IPO Lead Managers aka Merchant Bankers
- Sarthi Capital Advisors Private Limited
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
FAQs on Stallion India Fluorochemicals IPO
The Stallion India Fluorochemicals IPO is an initial public offering (IPO) where the company is issuing new shares to the public and existing shareholders are selling some of their existing shares.
The IPO opens for subscription on January 16, 2025 and closes on January 20, 2025.
The price band for the IPO is set between ₹85.00 to ₹90.00 per share.
The minimum lot size for the IPO is 165 shares.
The total issue size of the IPO is ₹199.45 Crores
The shares of Stallion India Fluorochemicals will be listed on BSE and NSE.
Bid/Offer Opens On: January 16, 2025
Bid/Offer Closes On: January 20, 2025
Finalization of Basis of Allotment: January 21, 2025
Initiation of refunds: January 22, 2025
Credit of Equity Shares: January 22, 2025
Listing Date: January 23, 2025
Stallion India Fluorochemicals is a leading manufacturer and supplier of fluorochemicals in India.
Strong market position
Experienced management team
Focus on innovation
Customer-centric approach
Competition
Regulatory changes
Raw material price fluctuations
Environmental concerns
Disclaimer: This information is for general knowledge and informational purposes only and does not constitute financial, investment, or other professional advice.
Note: This information is based on the IPO schedule and details available as of January 9, 2025. Please refer to the official IPO documents for the most up-to-date information.
