IPO Details
Bidding Dates
To be announced
Minimum Investment
To be announced
Price Range
To be announced
Maximum Investment
To be announced
Retail Discount
To be announced
Issue Size
2,21,61,396 Equity Shares
Investor category and sub category
Retail Individual Investors | Qualified Institutional Bidders | Non-Institutional Bidders |About Stallion India Fluorochemicals Limited
Incorporated in 2002, Stallion India Fluorochemicals Limited is engaged in manufacturing refrigerants and other gases by blending two or more gases to create new formulations. The company’s speciality gases primarily fall within the Hydrofluorocarbons (HFC) and Hydrofluoroolefins (HFO) categories, finding diverse applications across various industries.
The company operates 4 strategically located Plants in Khalapur, Raigad (Maharashtra); Ghiloth, Alwar (Rajasthan); Manesar, Gurugram (Haryana); and Panvel, Raigad (Maharashtra). It acquired Stallion Enterprises (a proprietary firm of Shazad Sheriar Rustomji, Panvel Plant) through a slump sale agreement.
Fluorochemicals are organic or inorganic compounds that contain one or more fluorine atoms. The market for fluorochemicals and specialty gases has been growing and is further likely to grow at a CAGR of 10.3%, from$10,963 million in 2024 to $16,223 million in 2028. The growing population and rapid urbanisation majorly back the growth. By application, automotive is the leading user segment for fluorochemicals. A larger population base over the world warrants a need for more vehicles.
Stallion India Fluorochemicals Limited IPO Details
Stallion India Fluorochemicals Limited IPO Dates
Stallion India Fluorochemicals Limited IPO is a mix of fresh issue and offers for sale. Stallion India Fluorochemicals Limited’s IPO will be listed on the BSE and NSE. It is a book-built issue IPO.
Stallion India Fluorochemicals Limited IPO Price Band
The price range of the IPO has not been fixed yet.
Stallion India Fluorochemicals Limited IPO Lot Size
The lot size of the IPO has not been fixed yet.
Stallion India Fluorochemicals Limited IPO Objectives
The objectives of Stallion India Fluorochemicals Limited IPO are listed below:
- Funding capital expenditure requirements.
- Funding working capital requirements. General corporate purposes.
Peer Details
As per DRHP, the company has 3 listed peers, which are mentioned below:
- Navin Fluorine International Limited
- SRF Limited
- Gujarat Fluorochemicals Limited
How To Check the Allotment Status of the Stallion India Fluorochemicals Limited IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the IPO Section and then to IPO Orders
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Stallion India Fluorochemicals Limited
Registered office: 2, A Wing, Knox Plaza, Off. Link Road, Mindspace, Malad - (West), Mumbai - 400064
Phone: 022-43510000
E-mail: compliance@stallion.in
IPO Financials
| Particulars | Period Ended on September 30, 2023 | Year Ending on March 31, 2023 | Year ending on March 31, 2022 | Year ending on March 31, 2021 |
|---|---|---|---|---|
| Total Income | 9,351.37 | 23,519.93 | 18,634.07 | 11,941.52 |
| Profit After Tax (PAT) | 543.73 | 1,624.40 | 2,110.97 | 984.70 |
| Assets | 17,667.84 | 12,250.33 | 9,800.69 | 15,314.35 |
| Net Worth | 11,523.85 | 7,731.50 | 6,105.75 | 3,992.42 |
| Total Borrowings | 3,658.37 | 1,827.42 | 196.97 | 961.44 |
Know before investing
Strengths
2-
The company has been in the field for over 2 decades, with strong market recognition in the specialty gases industry.
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Going forward, the company is focused on its strategic vision to diversify its existing product portfolio by incorporating new products that align synergistically with its current offerings.
Risks
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The company’s promoters and its directors are outstanding legal proceedings. Any failure to defend these proceedings successfully may hurt its business prospects, financial condition, results of ongoing operations and reputation.
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The company has high working capital requirements. Its inability to meet its working capital requirements may have a material adverse effect on our business, financial condition and results of operations.
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Stallion India Fluorochemicals Limited IPO FAQs
Stallion India Fluorochemicals Limited IPO is a mix of fresh issue and offer for sale.
The Basis of Allotment date has not been announced yet.
The IPO subscription window has not been decided yet.
The lot size of the IPO has not been announced yet.
Stallion India Fluorochemicals Limited IPO will be listed on BSE and NSE.
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the IPO Section and then to IPO Orders
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Listing gains cannot be ascertained before listing the IPO on the stock exchange.
Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
