Stallion India IPO Allotment Status: Everything You Need to Know

Stallion India IPO Allotment Status

The Stallion India Fluorochemicals IPO has taken the market by storm, closing with an overwhelming subscription of 188.30 times on its final day of bidding, January 20, 2025. With a total issue size of ₹199.45 crore, this IPO has attracted significant attention from retail investors, non-institutional investors (NIIs), and qualified institutional buyers (QIBs).

As the allotment date approaches, investors are eagerly waiting to check their Stallion India IPO allotment status, which is set to be finalized on January 21, 2025. If you’re one of the investors, here’s a detailed guide on how to check your allotment status, key IPO details, and what this means for the company’s future.

Stallion India IPO: A Record-Breaking Subscription

The IPO opened for bidding on January 16, 2025, and closed on January 20, 2025, with an overwhelming response from all categories of investors. According to NSE data, the IPO received applications for over 292 crore shares against the 1.55 crore shares on offer, resulting in a subscription of 188.30 times.

Here’s a breakdown of the subscription numbers:

• Retail Individual Investors (RIIs): Subscribed 96.79 times, with bids for over 75.07 crore shares against an allocation of 77.56 lakh shares.
• Non-Institutional Investors (NIIs): Subscribed a staggering 422.33 times, with bids for 140.39 crore shares against 33.24 lakh shares.
• Qualified Institutional Buyers (QIBs): Subscribed 173 times, with applications for 76.64 crore shares against 44.32 lakh shares.

This massive demand highlights the strong investor confidence in Stallion India Fluorochemicals Ltd and its growth potential.

How to Check Stallion India IPO Allotment Status

The allotment status for the Stallion India IPO will be finalized on January 21, 2025. Investors can check their allotment status through the following platforms:

1. Registrar’s Website (Bigshare Services Pvt Ltd)

• Visit the Bigshare Services Pvt Ltd website: www.bigshareonline.com.
• Click on the IPO Allotment Status section.
• Select Stallion India Fluorochemicals Ltd from the list of IPOs.
• Enter your Application Number or PAN ID.
• Complete the CAPTCHA verification.
• Click on Search to view your allotment status.

2. NSE Website

• Go to the NSE IPO Allotment Status page: NSE IPO Allotment.
• Log in with your username and password (create an account if you don’t have one).
• Select Stallion India Fluorochemicals Ltd from the list of IPOs.
• Enter your PAN and IPO Application Number.
• Click on Submit to check your allotment status.

Key Details About the Stallion India IPO

Here are some important details about the Stallion India Fluorochemicals IPO:

• Issue Size: ₹199.45 crore, comprising a fresh issue of 1.79 crore shares worth ₹160.73 crore and an offer-for-sale (OFS) of 43 lakh shares worth ₹38.72 crore.
• Price Band: ₹85 to ₹90 per share.
• Lot Size: 165 shares, requiring a minimum investment of ₹14,850 for retail investors.
• Listing Date: Shares are expected to be listed on the NSE and BSE on January 23, 2025.
• Refunds and Credit: Refunds and credit of shares to demat accounts will be processed on January 22, 2025.

Objectives of the IPO

Stallion India Fluorochemicals Ltd plans to utilize the IPO proceeds for the following purposes:

1. Expansion of Production Capacity: ₹50.32 crore will be used to increase the production capacity of its facilities in Mambattu, Andhra Pradesh, and Khalapur, Maharashtra.
2. Working Capital Requirements: ₹95 crore will be allocated to meet the company’s working capital needs.

The company specializes in Refrigerants and Industrial Gases, offering products like pre-filled cans and small cylinders. Its facilities are equipped for debulking, blending, and processing gases, catering to industries like semiconductors and specialty gases.

Financial Performance

Stallion India Fluorochemicals Ltd has shown consistent growth in revenue and profitability over the years:

Key performance indicators include:

• Debt-to-Equity Ratio: 0.55
• Return on Capital Employed (ROCE): 13.96%
• Return on Equity (ROE): 12.54%
• PAT Margins: 6.26%

Conclusion

The Stallion India Fluorochemicals IPO has created a buzz in the market with its record-breaking subscription numbers and strong investor interest. With the allotment status set to be finalized on January 21, 2025, investors are eagerly awaiting to see if they’ve secured a piece of this promising company.

As Stallion India prepares to expand its production capacity and strengthen its working capital, the IPO marks a significant milestone in its growth journey. Whether you’re an investor or simply following the market, this IPO is a testament to the growing demand for innovative companies in the industrial gases and refrigerants sector.

Stay tuned for updates on the Stallion India IPO allotment status and its journey in the stock market!

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