Objective of the Issue
The net proceeds of the Fresh Issue:- Funding incremental working capital requirements of the Company.
- Funding capital expenditure requirements for our Semi-conductor & Specialty Gas debulking & blending facility (“Khalapur, Maharashtra”).
- Funding capital expenditure requirements for our Refrigerant debulking & blending facility (“Mambattu, Andhra Pradesh”).
- General Corporate Purposes.
IPO Details, Price, Market Lot
| Stallion India IPO Details | |
| IPO Open Date | 16 January 2025 |
| IPO Close Date | 25 January 2025 |
| IPO Issue Size | 2,21,61,396 shares (aggregating up to ₹199.45 Cr) |
| Fresh Issue | 1,78,58,740 shares (aggregating up to ₹ 160.73 Cr) |
| Offer for Sale | 43,02,656 shares (aggregating up to ₹38.72 Cr) |
| Retail Portion | Not less than 35% of the offer |
| NII Portion | Not less than 15% of the offer |
| QIB Portion | Not more than 50% of the offer |
| Listing At | NSE, BSE |
| Stallion India IPO Price | |
| Face Value | ₹10 Per Share |
| IPO Price Band | ₹85 to ₹90 Per Share |
| Employee Discount | — |
| IPO Issue Type | Book Built Issue |
| Stallion India IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 165 Shares |
| Minimum Lot Size | 1 Lot (165 SHares) |
| Minimum Amount (Cut-off price) | ₹14,850 |
| Maximum Lot Size | 13 Lots (2145 Shares) |
| Maximum Amount (Cut-off price) | ₹1,93,050 |
| Stallion India IPO Market Lot For S-HNI | |
| No. of Shares Per Lot | 165 Shares |
| Minimum Lot Size | 14 Lots (2,310 Shares) |
| Minimum Amount (Cut-off price) | ₹2,07,900 |
| Maximum Lot Size | 67 Lots (11,055 Shares) |
| Maximum Amount (Cut-off price) | ₹9,94,950 |
| Stallion India IPO Market Lot For B-HNI | |
| No. of Shares Per Lot | 165 Shares |
| Minimum Lot Size | 68 Lots (11,220) |
| Minimum Amount (Cut-off price) | ₹10,09,800 |
IPO Date, Listing Date, Allotment Date
| Stallion India IPO Time Table (Tentative) | |
| IPO Open Date | 16 January 2025 |
| IPO Close Date | 20 January 2025 |
| Basis of Allotment Date | 21 January 2025 |
| Initiation of Refunds | 22 January 2025 |
| Credit of Share to Demat Account | 22 January 2025 |
| IPO Listing Date | 23 January 2025 |
Financial Report
| Period Ended | Assets (₹ in Crore) | Revenue (₹ in Crore) | P A T (₹ in Crore) | Net Worth (₹ in Crore) | Borrowings (₹ in Crore) |
| 30 September 2024 | 235.69 | 141.53 | 16.57 | 134.53 | 81.05 |
| 31 March 2024 | 203.14 | 236.23 | 14.79 | 117.96 | 65.35 |
| 31 March 2023 | 126.18 | 226.06 | 9.75 | 70.7 | 18.27 |
| 31 March 2022 | 98.01 | 186.34 | 21.11 | 60.94 | 1.97 |
| Period Ended | 30 Sept. 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 235.69 | 203.14 | 126.18 | 98.01 |
| Revenue | 141.53 | 236.23 | 226.06 | 186.34 |
| P A T | 16.57 | 14.79 | 9.75 | 21.11 |
| Net Worth | 134.53 | 117.96 | 70.7 | 60.94 |
| Borrowings | 81.05 | 65.35 | 18.27 | 1.97 |
| Amount in ₹ Corre | ||||
Company Promotor & Promotor’s Holding
Shazad Sheriar Rustomji, Manisha Shazad Rustomji and Rohan Shazad Rustomji are the company promoters.| Pre Issue Promotor Holding | 94.63% |
| Post Issue Promotor Holding | 67.90% |
Company Address
Stallion India Fluorochemicals Limited 2, A Wing, Knox Plaza, Off. Link Road, Mindspace, Malad – (West), Mumbai – 400064 Phone: 022-43510000 Email: compliance@stallion.in Website: https://stallionfluorochemicals.com/IPO Registrar, Lead Manager, Prospectus
| Stallion India IPO Prospectus |
| Stallion India IPO Registrar |
| Bigshare Services Pvt Ltd |
| Stallion India IPO Lead Manager |
| Sarthi Capital Advisors Private Limited |
