Stallion India Fluorochemicals Share Price Live Updates: Stallion India Fluorochemicals share price is set to debut on the Indian stock market today. During its subscription period, the initial public offering (IPO) of Stallion India Fluorochemicals experienced significant demand.
The public offer was available for subscription from January 16 to 20, with the IPO allotment being completed on January 23. Stallion India Fluorochemicals listing will occur today on both BSE and NSE.
Stallion India Fluorochemicals IPO was subscribed by 188.38 times on the final day of bidding, reflecting robust interest from investors. The non-institutional investors’ segment saw an impressive subscription of 422.42 times, while Qualified Institutional Buyers (QIBs) had a 172.93 times subscription rate. Retail Individual Investors (RIIs) achieved a subscription rate of 96.90 times.
Stallion India Fluorochemicals, a supplier of refrigerants, announced on Tuesday a price range of ₹85-90 per share for its initial public offering (IPO).
Stallion India IPO consists of a fresh issuance of 1.78 crore equity shares along with an offer-for-sale (OFS) of 43.02 lakh shares from promoter Shazad Sheriar Rustomji.
The funds raised from this offering will be utilized for working capital needs, capital expenditures for the company’s planned facilities in Maharashtra and Andhra Pradesh, and other general corporate purposes.
Sarthi Capital Advisors serves as the sole book-running lead manager, while Bigshare Services acts as the registrar for the issue.
Stay tuned for more updates
Stallion India Fluorochemicals Share Price Live Updates: Snapshot of objective
- Funding incremental working capital requirements of the Company.
- Funding capital expenditure requirements for their Semi-conductor & Specialty Gas debulking & blending facility (“Khalapur, Maharashtra”).
- Funding capital expenditure requirements for their Refrigerant debulking & blending facility (“Mambattu, Andhra Pradesh”).
- General Corporate Purposes.
Stallion India Fluorochemicals Share Price Live Updates: Some more key risks
- Substitute products – The development of alternative products or technologies could pose a threat to traditional fluorochemicals and specialty gases.
- Geopolitical risks – Political instability or trade disputes can disrupt the global supply chain and impact the industry’s operations.
Stallion India Fluorochemicals Share Price Live Updates: Key details
It offers a variety of products that make the company distinct in the industry. By using knowledge of its clients’ industries and skills in gases and engineering, it provides customized solutions to help businesses work better.
Company’s goal is to make operations run smoother and improve productivity. At the same time, it cares about the environment and helps reduce energy expenses.
While it has 20 employees on its payroll, it has additional 40 employees at various plants and contract workers as and when needed. As of September 30, 2024, it handled 120 customers against 171 as at March 31, 2024.
Stallion India Fluorochemicals Share Price Live Updates: All you need to know about the company
Stallion India Fluorochemicals specializes in the distribution of refrigerants and industrial gases, along with associated products. The company’s primary activities involve debulking, blending, and processing refrigerants and industrial gases, in addition to marketing pre-filled cans. It caters to a wide array of sectors, including air conditioning and refrigeration, firefighting, semiconductor production, automobile manufacturing, pharmaceuticals and healthcare, glass bottle manufacturing, aerosol production, and spray foam applications. The company operates four facilities.
Stallion India Fluorochemicals Share Price Live Updates: Stock Check
The stock was trading at ₹126 per share on NSE, marking a 5% increase locked in upper circuit at 14:11 IST, and at ₹125.99 per share on BSE, showing a 4.99% rise.
Stallion India Fluorochemicals Share Price Live Updates: Market Opportunity
- Expanding Industrial Demand: The increasing demand for fluorochemicals and specialty gases across various industries, including electronics, healthcare, manufacturing, construction, and textiles, presents a significant growth opportunity for market players.
- Import Substitution: The Indian government’s focus on import substitution and promoting domestic manufacturing creates an opportunity for companies to establish themselves as key suppliers of fluorochemicals and specialty gases, reducing reliance on imports.
Stallion India Fluorochemicals Share Price Live Updates: All you need to know about the peers
As per the red herring prospectus (RHP), the company’s listed peers are Navin Flourine International Ltd (with a P/E of 70.82), SRF Ltd (with a P/E of 49.30), and Gujarat Fluorochemicals Ltd (with a P/E of 108.36).
Stallion India Fluorochemicals Share Price Live Updates: Check out financials
Over the past three fiscal years, the company recorded total income and net profits of ₹186.34 crore/ ₹21.11 crore (FY22), ₹226.06 crore/ ₹9.75 crore (FY23), and ₹236.23 crore/ ₹14.79 crore (FY24). In the first half of FY25, ending September 30, 2024, it reported a net profit of ₹16.57 crore on a total income of ₹141.53 crore
Stallion India Fluorochemicals Share Price Live Updates: Stock Check
The stock was trading at ₹126 per share on NSE, marking a 5% increase locked in upper circuit at 12:44 IST, and at ₹125.99 per share on BSE, showing a 4.99% rise.
Stallion India Fluorochemicals Share Price Live Updates: Check out competitive strategies
- Geographical expansion and product optimization.
- Trusted Choice for Quality, Innovation, and Growth.
- Continuing focus on innovation and leveraging chemistries and technology absorption.
- Customer Relationship Management.
Stallion India Fluorochemicals Share Price Live Updates: All you need to know about the firm’s facilities
The company’s four locations are in Manesar, Haryana; Ghiloth, Rajasthan; Panvel, Maharashtra; and Khalapur, Maharashtra. Every one of these facilities is set up and intended to store gasses in a regulated setting, guaranteeing compliance with safety regulations. The integrity and functionality of the gases at the customer’s end are ensured by the company’s facilities, which are built to assure precise filling with no possibility of contamination.
Stallion India Fluorochemicals Share Price Live Updates: Check out key risks
- Revenue from operations depends on sale of Refrigerant Gases and is restricted to certain geographies only.
- Increases in the cost of raw materials as a percentage of revenue from operations could have a material adverse effect on results of operations.
- Restrictions on import of raw materials may impact the business and results of operations.
Stallion India Fluorochemicals Share Price Live Updates: Prathamesh Masdekar, Research Analyst, Stoxbox views
Stallion India Fluorochemicals Ltd. made a strong debut on the stock market, listing at Rs. 120 per share, which reflects a premium of 33.33% from its issue price of Rs. 90. This indicates higher investor confidence.
We recommend that investors who have been allotted shares consider holding their positions from a medium to long-term perspective.
Stallion India Fluorochemicals Share Price Live Updates: Check out Strengths
- Strong Market recognition
- Business model and ability to mitigate operational risk
- Customer base across high growth industries and longstanding relationships with customers
- Track record of consistent financial performance
Stallion India Fluorochemicals Share Price Live Updates: Stock Check
The stock was trading at ₹126 per share on NSE, marking a 5% increase locked in upper circuit at 11:01 IST, and at ₹125.99 per share on BSE, showing a 4.99% rise.
Stallion India Fluorochemicals Share Price Live Updates: Shivani Nyati, Head of Wealth at Swastika Investmart views
The company has strong market recognition and it has a track record of strong financial performance. The company made a good stock market debut, listing for Rs. 120 per share, a significant 33% premium over its issue price of Rs. 90. Those who took part in the initial public offering (IPO) may book part profit and hold with stoploss of 105.
Stallion India Fluorochemicals Share Price Live Updates: Check out Prashanth Tapse’s post-listing views
Despite high market volatility, Stallion India received a healthy response from investors across all categories. Considering the market trend and posting listing performances of last few IPOs, we are recommending investors to book profits above our expectations on listing day. Post listing, we can see short term volatility, hence advice for non-allotted investors, to wait and watch.
On valuation per se, at the upper price band, it was fairly and reasonably priced based on annualised earnings. Hence we believe the company has decent room for healthy business growth driven by industry tailwinds and scalability.
Stallion India Fluorochemicals Share Price Live Updates: Check out IPO reservation
Stallion India IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.
Stallion India Fluorochemicals Share Price Live Updates: Stock makes a stellar debut, opens with 33.33% premium at ₹120 on NSE
Stallion India Fluorochemicals share price made a bumper debut on the bourses today. On NSE and BSE, Stallion India Fluorochemicals share price opened at ₹120 per share, 33.33% higher than the issue price of ₹90.
Stallion India Fluorochemicals Share Price Live Updates: Check out subscription details
Investor participation was so strong that Stallion India Fluorochemicals IPO received 188.38 times subscription on the last day of bidding on Monday.
Qualified Institutional Buyers (QIBs) received 172.93 times the subscription rate, while the section geared for non-institutional investors received an astounding 422.42 times. 96.90 times as many investors subscribed to the Retail Individual Investors (RIIs) category.
Stallion India Fluorochemicals Share Price Live Updates: Check out Prathamesh Masdekar, Research Analyst, Stoxbox’s views
Prathamesh Masdekar expects Stallion India Fluorochemicals shares are set for an impressive stock market debut today, with expectations of a 44% premium over its upper price band.
Stallion India Fluorochemicals Share Price Live Updates: All you need to know about listing
Members of the Exchange are notified that starting Thursday, January 23, 2025, the equity shares of Stallion India Fluorochemicals Limited will be listed and permitted for trading on the Exchange under the ‘T’ Group of Securities, according to a notice from BSE.
Stallion India Fluorochemicals Share Price Live Updates: Here’s what Prashanth Tapse, Sr VP Research – Research Analyst at Mehta Equities says
Considering the market trend and posting listing performances we are expecting a healthy listing gain over and above 25% of its issue price. Hence we advocate investors to book profits above our expectations on listing day. Post listing, we can see short term volatility, hence advice for non-allotted investors, to wait and watch.
Stallion India Fluorochemicals Share Price Live Updates: Here’s what GMP hints ahead of listing
Stallion India IPO GMP today or grey market premium is +35. This indicates Stallion India share price were trading at a premium of ₹35 in the grey market, according to investorgain.com.
Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Stallion India share price was indicated at ₹125 apiece, which is 38.89% higher than the IPO price of ₹90.
‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
