Stallion India Fluorochemicals IPO: Key Dates, Price Band, and Investment Details

Upcoming IPO: Stallion India Fluorochemicals IPO price band set at ₹85-90 apiece; check issue details, key dates, more

Stallion India Fluorochemicals IPO: Key Dates, Price Band, and Investment Details

Stallion India Fluorochemicals Limited is gearing up for its Initial Public Offering (IPO) to be floated in the market. The price band has been placed between ₹85 and ₹90 per equity share. The size of the Stallion India Fluorochemicals IPO is expected to raise around ₹199.45 crore and will remain open for subscription from January 16, 2025, till January 20, 2025. The Stallion India fluorochemicals IPO offers immense investment opportunities not only for individual investors but for qualified institutional buyers and non-institutional ones as well by diversifying their portfolios.

Stallion India Fluorochemicals Limited IPO

🗓️Date:   16 - 20 Jan,2025

🏷️Price Band : ₹85- ₹90

📦Market Lot:  165 Shares

💰Application Amount: ₹14,850

📏Size : ₹199.4 Cr Approx

👦Retail Portion: 35%

📃 Retail Form: 47,009

📄HNI Small Form: 480

📄HNI Big Form: 959

🏷️Face Value: ₹10

Stallion India Fluorochemicals IPO Details

The Stallion India Fluorochemicals IPO has been designed as a fresh issue of ₹160.73 crores and an Offer for Sale (OFS) of 43,02,656 equity shares by the promoter. The lot size will be 165 equity shares. The company also has additional lots available in multiples of 165 shares. The company has categorized the share allocations to the investors as follows:

50% Qualified Institutional Buyers (QIBs)

15% Non-Institutional Investors (NIIs)

35% for Retail Investors

This distribution will ensure that investors from all walks of life get a chance to participate in this exciting IPO.

The IPO of Stallion India Fluorochemicals will open on January 16, 2025, and will close on January 20, 2025. The anchor book opens on January 15, 2025. The basis of the allotment will be finalized on January 21, 2025, and the refund will be initiated on January 22, 2025. Shares will be credited into the Demat account on the same date, that is, January 22, 2025. The listing is to take place on January 23, 2025. The timelines are very clear and transparent so that investors can map themselves and take a decision accordingly in participating in the IPO.

IPO Opening Date: January 16, 2025

IPO Closing Date: January 20, 2025

Anchor Investor Allocation Date: January 15, 2025

Basis of Allotment Finalization: January 21, 2025

Refund Initiation: January 22, 2025

Shares Credited to Demat Account: January 22, 2025

Listing Date: January 23, 2025

About Stallion India Fluorochemicals

Stallion India Fluorochemicals is a company that specializes in refrigerant and industrial gas distribution, debulking, blending, and processing. Pre-filled cans are offered for various industrial applications. The company caters to a wide number of industries namely: Air conditions and refrigeration, semiconductor manufacturing, automobile production, pharmaceuticals, healthcare, firefighting, and glass bottle manufacturing. Stallion India operates four state-of-the-art facilities across India, thus establishing it as a leader in the industrial gas and refrigerant space.

Revenue of operations in recent years has grown well for the company, but FY 2024 results speak for themselves because the revenue earned from operations stands at ₹23,323.58 Lakhs, EBITDA at ₹2,670.48 Lakhs, and PAT at ₹1,478.83 Lakhs.  The company has produced revenue of ₹14,073.15 Lakhs and PAT of ₹1,656.51 Lakhs for the half year ended FY 2025, which clearly indicates growth on a consistent basis.

Competitive Landscape

Competitiveness with a few established companies from the same industry such as Navin Fluorine International Ltd, SRF Ltd, and Gujarat Fluorochemicals Ltd whose P/E ratio stands at 70.82, 49.30, and 108.36, respectively. As a result, the IPO exposes the investor to a business running a high growth-demand industry business.

Use of Proceeds through the IPO

The proceeds from the Stallion India Fluorochemicals IPO will be used to fund capital expenditures for expanding its facilities in Khalapur, Maharashtra, and Mambattu, Andhra Pradesh. The company will use the facilities to debulk and blend semiconductors and specialty gases besides refrigerant debulking and blending. Secondly, the company wants to meet its incremental working capital needs based on its growing business.

These investments will further enhance the presence of Stallion India Fluorochemicals in the industrial gas and refrigerant industries and help support the aggressive growth plan for the next few years.

Why Invest in Stallion India Fluorochemicals IPO?

The Stallion India Fluorochemicals IPO will be an investment opportunity that would provide exposure to a leading player in the industrial gases and refrigerants market. This company is best placed to benefit from growing demand in a range of industries, such as air conditioning, automobile manufacturing, semiconductors, and pharmaceuticals.

The IPO is also attractive because of the solid financials of Stallion India Fluorochemicals. However, there is also its expansion plans involving huge capital investments into key facilities in order to raise production capacity, responding to increased demand for specialty gases and refrigerants for various high-growth industries.

With a competitive price band of ₹85-₹90 per share, the Stallion India Fluorochemicals IPO presents the investor with a relatively inexpensive route into an emerging growth story. The company's reputation for dependability and innovation makes it quite attractive for long-term investors seeking entry points into the developing industrial sectors in India.

Final Thoughts

Stallion India Fluorochemicals IPO would be an interesting opportunity to make money from a company that is likely to exhibit strong growth prospects in the industrial gas and refrigerants industry. With proper and effective expansion strategies, along with steady and consistent financials, Stallion India Fluorochemicals will continue to go upward. As an investor, one should watch out for the IPO subscription window dates from January 16 to January 20, 2025, and consider investing in this IPO in their portfolio.

Don't miss the opportunity to invest in an enterprise that will be a crucial part of the industrial growth of India.

FAQs on Stallion India Fluorochemicals IPO

1. What are the dates for the Stallion India Fluorochemicals IPO?

  • IPO opening date: 16 January 2025
  • Closing date of the IPO: 20 January 2025
  • Anchor investor book building: 15 January 2025

2. What is the price band for the Stallion India Fluorochemicals IPO?

The price band of IPO is ₹85 to ₹90 per equity share.

3. How many shares constitute one lot in the Stallion India Fluorochemicals IPO?

Minimum lot of 165 shares and in multiples thereof.

4. What is the IPO allotment percentage for investor categories?

  • QIB: Not more than 50%
  • NII: Not less than 15%
  • Retail Investors: Not less than 35%

5. When will the allotment of the Stallion India IPO be done?

The allotment basis will be completed on January 21, 2025.

6. When will the refunds be given to non-allottees?

Refunds will be given on January 22, 2025.

7. When will the shares be credited to the demat accounts of allottees?

Shares will be credited to the demat accounts on January 22, 2025.

8. What is the listing date of the Stallion India Fluorochemicals IPO?

The shares are to be allotted on the BSE and NSE on January 23, 2025.

9. How large is the Stallion India Fluorochemicals IPO?

The issue size for the IPO is ₹199.45 crores, consisting of a fresh issuance of ₹160.73 crores, along with an OFS of 43,02,656 equity shares by the promoter.

10. What will the proceeds from the IPO be used for?

Net proceeds would be for:

Incremental working capital requirements.

Capital expenditure for semiconductor and specialty gas plant at Khalapur, Maharashtra.

Capital expenditure for the refrigerant plant at Mambattu, Andhra Pradesh

General Corporate Purposes

11. Who is the lead manager and registrar of the issue?

Lead Manager: Book Running- Sarthi Capital Advisors Private Ltd.

Registrar: Bigshare Services Private Ltd.

12. What is the primary focus of Stallion India Fluorochemicals?

The company distributes refrigerants and industrial gases. Its customer base includes sectors like air conditioning and refrigeration, semiconductors, the healthcare sector, and the automobile sector.

13. How does Stallion India compare with listed peers?

Peers as mentioned in the RHP are:

  • Navin Fluorine International Ltd (P/E: 70.82)
  • SRF Ltd (P/E: 49.30)
  • Gujarat Fluorochemicals Ltd (P/E: 108.36)

14. What are some of the key financial highlights of Stallion India?

  • FY 2024 Revenue: ₹23,323.58 Lakhs
  • EBITDA: ₹2,670.48 Lakhs
  • PAT: ₹1,478.83 Lakhs
  • Revenue for H1 FY 2025: ₹14,073.15 Lakhs
  • PAT for H1 FY 2025: ₹1,656.51 Lakhs

15. Where are the company's facilities located?

Stallion India has four facilities that debulk, blend, and process refrigerants and industrial gases. Key locations are Khalapur, Maharashtra, and Mambattu, Andhra Pradesh.