Stallion India Fluorochemicals Limited aims to raise Rs 199.45 Crores through this offering, with a fresh issue of Rs 160.73 Crores and 38.72 Crore through offer for sale. The face value of the equity shares Rs 10 each, with a price band ranging from Rs 85 to Rs 90 per share. The minimum order quantity is 165 shares, translating to a minimum investment of Rs 14850. Retail quota is not less then 35%, QIB is not more then 50% and HNI is not less then 15% Stallion India Fluorochemicals Limited IPO List on NSE on 23 January 2025.
The book running lead manager for this IPO is Sarthi Capital Advisors Private Limited, ensuring a smooth and efficient process for all investors. Axis Bank Limited and Yes Bank Limited have been appointed as the sponsor banks, providing support for the IPO’s financial transactions. Additionally, the official registrar for the IPO is Bigshare Services Private Limited, offering reliable services for all share-related processes.
Stallion India Fluorochemicals Key Dates
Stallion India Fluorochemicals IPO open on 16 Jan 2025 and close on 23 Jan 2025.
| IPO Open Date | 16-Jan-2025 |
| IPO Close Date | 20-Jan-2025 |
| Allotment of Shares | 21-Jan-2025 |
| Credit of Shares | 22-Jan-2025 |
| Listing Date | 23-Jan-2025 |
Stallion India Fluorochemicals Financial Information
| 30-Sep-2024 | 31-Mar-2024 | 31-Mar-2023 | 31-Mar-2022 | |
| Assets | 235.69 | 203.14 | 126.18 | 98.01 |
| Borrowing | 81.05 | 65.35 | 18.27 | 1.97 |
| Income | 141.53 | 236.23 | 226.06 | 186.34 |
| Expenses | 119.06 | 214.95 | 213.08 | 156.26 |
| PBT | 22.47 | 21.26 | 12.97 | 30.07 |
| PAT | 16.57 | 14.79 | 9.75 | 21.11 |
Stallion India Fluorochemicals Key Indicator
| EPS | 2.54 (Diluted) |
| PAT Margin | 6.26% |
| RoNW | 12.54% |
| ROCE | 13.96% |
| ROE | 12.54% |
| Price to Book Value | 4.69 |
Stallion India Fluorochemicals Peer Comparison
| EPS | P/E | RoNW | Face Value | |
| Stallion India | 2.54 | – | 12.54% | 10 |
| Navin Flourine | 47.44 | 70.82 | 10.22% | 2 |
| SRF Limited | 46.35 | 46.30 | 13.07% | 10 |
| Gujarat Fluorochemicals | 38.12 | 108.36 | 7.07% | 1 |
OBJECT OF THE OFFER
1) Funding incremental working capital requirements of our Company;
2) Funding capital expenditure requirements for our Semi-conductor & Specialty Gas debulking & blending facility
(“Khalapur, Maharashtra”)
3) Funding capital expenditure requirements for our Refrigerant debulking & blending facility (“Mambattu, Andhra
Pradesh”)
4) General Corporate Purposes.