About Stallion India Fluorochemicals:
Stallion, a Mumbai-based company, was incorporated on September 5, 2002, by Shazad Sheriar Rustomji, who serves as the Chairman & Managing Director and is also one of the company’s promoters. The company operates in the business of selling refrigerants, industrial gases, and related products. Its primary operations involve the debulking, blending, and processing of refrigerants and industrial gases, as well as the sale of pre-filled cans and small cylinders/containers. Stallion has four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). Each facility is designed and equipped to store gases in a controlled environment, ensuring compliance with safety standards.
About the Industry in which Stallion India Fluorochemicals operates:
The Indian fluorochemicals and specialty gases market is expected to grow at a CAGR of 16-18% from 2024 to 2029, reaching $675-725 million. Growth drivers include rising demand in electronics, healthcare, and manufacturing sectors, supported by the “Make in India” initiative and infrastructure advancements. Innovation and efficiency will be key to overcoming challenges like environmental regulations and competition.
| Important Information and Timelines of the IPO of Stallion India Fluorochemicals: | |
|---|---|
| Open Date | 16 January 2025 |
| Close Date | 20 January 2025 |
| Total Issue Size – Number of Shares | 22161396 |
| Minimum Bid Price | 85 |
| Maximum Bid Price | 90 |
| Lot Size | 165 |
| Basis of Allotment | 21 January 2025 |
| Initiation of Refunds and Credit of Shares to Demat | 22 January 2025 |
| Listing Date | 23 January 2025 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of Stallion India Fluorochemicals:
| Category | Lots | Shares | Amount (in â‚ą) |
|---|---|---|---|
| Retail – Minimum | 1 | 165 | 14850 |
| Retail – Maximum | 13 | 2145 | 193050 |
| sHNI – Minimum | 14 | 2310 | 207900 |
| sHNI – Maximum | 67 | 11055 | 994950 |
| bHNI – Minimum | 68 | 11220 | <bHNI_Minimum_Amount> |
Objective of the IPO of Stallion India Fluorochemicals:
Funding the incremental working capital requirements of the Company.
Funding capital expenditure requirements for the Semi-conductor & Specialty Gas debulking and blending facility located in Khalapur, Maharashtra.
Funding capital expenditure requirements for the Refrigerant debulking and blending facility located in Mambattu, Andhra Pradesh.
Addressing general corporate purposes.
Financials of Stallion India Fluorochemicals:
| Particulars | As at September 30, 2024 | As at March 31, 2024 | As at March 31, 2023 | As at March 31, 2022 |
|---|---|---|---|---|
| Share Capital | 6,146.65 | 6,146.65 | 5,512.50 | 1,225.00 |
| Net Worth | 13,453.20 | 11,796.39 | 7,070.32 | 6,093.66 |
| Total Revenue/Income | 14,153.16 | 23,622.63 | 22,606.35 | 18,634.07 |
| Profit After Tax | 1,656.51 | 1,478.33 | 975.30 | 2,110.97 |
| Earnings per Share | 2.69 | 2.54 | 1.77 | 3.83 |
| Total Borrowing (as per Balance Sheet) | 8,104.75 | 6,534.54 | 1,827.42 | 196.97 |
| Net Asset Value | 21.89 | 19.19 | 12.83 | 49.74 |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for Stallion India Fluorochemicals. You will receive a UPI mandate after 10:00 AM on 16 January 2025.
###1. How to apply for the IPO of Stallion India Fluorochemicals on Dhan?
You can apply for the IPO of Stallion India Fluorochemicals from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of Stallion India Fluorochemicals be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 22 January 2025. However, you will be able to see the shares of Stallion India Fluorochemicals on Dhan before the market starts on the listing date which is 23 January 2025.