Stallion India IPO Subscribed 188.29x on day 3

Stallion India IPO Subscribed over 188.29x on its last day of subscription wherein QIB subscribed 172.93x, NII subscribed 422.33x, and RII subscribed 96.77x.

Stallion India IPO subscription started on Thursday, January 16, 2025, and will close on January 20, 2025, as per the schedule. The price band is set at ₹85 to ₹90 per share with a face value of ₹10.

Stallion India IPO Subscription Status

Stallion India IPO Subscribed over 188.29x on its last day till 05.00 PM on 20th January 2025.

Stallion India IPO subscription QIB investors portion is 172.93x times, while NII subscribed 422.33x times and RII investors subscribed 96.77x times.
The company has received bids for 2,92,09,22,400 shares against 1,55,12,978 shares on offer on the last day.
Stallion India IPO Subscribed over 32.17x on day 2.
Stallion India IPO Subscribed over 7.13x on day 1.

About Stallion India IPO

Founded in 2002, Stallion India Fluorochemicals Limited is one of the growing companies involved in the business of supplying refrigerants and a variety of gases. The company is also known to manufacture a diverse range of gases by combining two or more gases to create new formulations. With almost twenty years of vast experience in debulking, bottling, and distributing fluorochemicals is on a big scale. The company’s portfolio consists of two main gas types such as HFC and HFO types, which are mostly used in a wide range of industries. Khalapur, Raigad (Maharashtra), Ghiloth, Alwar (Rajasthan), Manesar, Gurugram (Haryana), and Panvel, Raigad (Maharashtra) are where the company’s 4 plants are located. Their Gases are used in various sectors such as semiconductor manufacturing, automotive industry, electronics, pharmaceuticals, medical fields, fire extinguishment systems, spray foam production, glass bottle manufacturing, and aerosol production.

Stallion India IPO Company Financial Report

The company reported revenue of ₹236.23 crores in 2024 against ₹226.06 crore in 2023. The company reported profit of ₹14.79 crores in 2024 against Profit of ₹9.75 crores in 2023.

Stallion India IPO GMP:

Stallion India IPO GMP was ₹45 as of Monday, 20th January. That indicates the IPO is trading at ₹135 with ₹45 premium in the grey market against the issue price of ₹90.

Jagat Joshi

An experienced stock market professional with expertise in IPO research, market insights, and equity strategies. With a strong background in research and capital markets, he delivers comprehensive coverage on upcoming IPOs, subscription patterns, grey market premium (GMP), and post-listing performance, along with detailed reviews, recommendations, and technical analysis.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.