The Stallion India IPO is set to open on January 16, 2025, and will close on January 20, 2025. This IPO is a Book Built Issue, with the company aiming to raise approximately ₹199.45 crores. This 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 the Stallion India IPO is set at ₹85 to ₹90 per share. The allocation for retail investors is 35%, for Qualified Institutional Buyers (QIB) it is 50%, and for High Net Worth Individuals (HNI) it is 15%. The IPO is scheduled to list on both the BSE and NSE on January 23, 2025, with the allotment date set for January 21, 2025.
In terms of financial performance, the company reported revenue of ₹236.23 crores in 2024, up from ₹226.06 crores in 2023. Profits also saw an increase, with ₹14.79 crores reported in 2024 compared to ₹9.75 crores in 2023. Based on these financials, it is advisable for IPO investors to consider a long-term investment approach.
Stallion India IPO 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 |
Stallion India IPO Market Lot
The Stallion India IPO offers a minimum market lot of 165 shares, requiring an application amount of ₹14,850. Retail investors have the opportunity to apply for up to 13 lots, totaling 2145 shares with an amount 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 IPO Dates
The Stallion India IPO is scheduled to take place on January 16, with the closing date set for January 20. The allotment of The Stallion India IPO shares will be finalized on January 21, and the IPO is expected to be listed on January 23.
Read about all the IPOs
| 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 IPO
The promoters of the company are Shazad Sheriar Rustomji, Manisha Shazad Rustomji, and Rohan Shazad Rustomji.
About Stallion India IPO
Established in 2002, Stallion India Fluorochemicals Limited specializes in the sale of Refrigerant and Industrial Gases and associated products. The company’s core operations involve debulking, blending, and processing Refrigerant and Industrial gases, as well as distributing pre-filled cans and small cylinders/containers.
With four state-of-the-art plants located in Khalapur, Raigad (Maharashtra), Ghiloth, Alwar (Rajasthan), Manesar, Gurugram (Haryana), and Panvel, Raigad (Maharashtra), Stallion India Fluorochemicals Limited is strategically positioned to meet the demands of its customers.
Stallion India Fluorochemicals Limited (Stallion) specializes in Fluorochemicals, which are primarily used as refrigerants. The company’s products play a crucial role in various industries, including semiconductor manufacturing, automotive, electronics, pharmaceuticals, healthcare, fire extinguishers, spray foam, glass bottle production, and aerosol manufacturing.
Stallion India IPO Company Financial Report
The company reported revenue of ₹236.23 crores in 2024 against ₹226.06 crore in 2023. The company reported profit of ₹14.79 crores in 2024 against Profit of ₹9.75 crores in 2023.
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 IPO Valuation – FY2024
Check Stallion India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| 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
| 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
1. Providing funding for the incremental working capital needs of our company.
2. Financing the capital expenditure needs for our semiconductor and specialty gas debulking and blending facility located in Khalapur, Maharashtra.
3. Financing the capital expenditure needs for our refrigerant debulking and blending facility located in Mambattu, Andhra Pradesh.
4. Allocation of funds for general corporate purposes.