Stallion India Fluorochemicals Limited, a leading supplier of refrigerants and various gases, is set to launch its IPO with a price band of ₹85 to ₹90 per share. Founded by Shazad Sheriar Rustomji, Stallion specializes in the manufacturing and distribution of refrigerants and other gases, providing solutions for bulk and small cylinder/container requirements. With nearly two decades of experience, the company is poised to make a significant impact in the Fluorochemicals and Specialty Gases industry.

Key Aspects of Stallion India Fluorochemicals IPO
The IPO is a Book Built Issue amounting to ₹199.45 Crores, consisting of a Fresh Issue of 178.58 Lakh shares worth ₹160.72 Crores and an Offer for Sale (OFS) of 43.02 Lakh shares valued at ₹38.72 Crores. The subscription period for the IPO opens on January 16, 2025, and closes on January 20, 2025. The allotment date is expected to be finalized on January 21, 2025, and the listing date is set for January 23, 2025, on both BSE and NSE.

Financial Overview
The company's financial performance has shown consistent growth with revenues from operations totaling ₹14,153.16 Lakh for the period ending on September 30, 2024. This shows an increase from ₹18,634.07 Lakh in FY2022 and ₹22,606.35 Lakh in FY2023. The EBITDA for FY2024 stands at ₹2,553.76 Lakh, reflecting the company’s stable earnings. The Profit after Tax (PAT) for FY2024 is ₹1,656.51 Lakh, further demonstrating its profitability.

Grey Market Premium (GMP)
As of January 15, 2025, the Grey Market Premium (GMP) for Stallion India Fluorochemicals IPO is ₹40, indicating a potential listing gain of 44.44%. However, it is important to note that Grey Market Premium is not an official trading mechanism, and its value fluctuates based on market demand and supply.

Stallion India Fluorochemicals IPO Subscription Status
The live subscription status for the IPO, as of January 17, 2025, shows an impressive 32.06 times subscription on the second day of the offer. This indicates strong investor interest in the IPO, suggesting that it could generate significant listing gains upon debut. Investors can check the live subscription status at BSE or other financial news platforms.

IPO Allotment and How to Check Status
For investors who have applied for the Stallion India Fluorochemicals IPO, the allotment is expected to be finalized on January 21, 2025. Here's how to check the allotment status:

• Visit the IPO allotment status page.
• Choose Stallion India Fluorochemicals Limited IPO from the list.
• Enter your application number, PAN, or DP Client ID.
• Submit the details to check the allotment status.

Company Objectives for the IPO Funds
Stallion India Fluorochemicals intends to use the funds raised through the IPO for various purposes, including:

1. Funding working capital requirements (₹9,500 Lakh).
2. Capital expenditure for the Khalapur (Maharashtra) facility (₹2,915.54 Lakh).
3. Capital expenditure for the Mambattu (Andhra Pradesh) facility (₹2,117.53 Lakh).
4. General corporate purposes, allowing the company to strengthen its operations and expand further.

Investment Recommendation
Given the financial stability, strong market demand, and the GMP of ₹40, Stallion India Fluorochemicals IPO offers an attractive investment opportunity. The company’s experience in Fluorochemicals and Specialty Gases along with its expansion plans suggests a bright future ahead, making it a potential listing gain play.

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