Issue Price
₹90
Per Share
GMP
NIL
Grey Market
Est. Listing
₹90
Expected Price
Min. Application
₹29,700
2 lots × 165 shares
Incorporated in 2002, Stallion India Fluorochemicals Limited is engaged in the business of selling Refrigerant and Industrial Gases and related products. The company's primary business includes debulking, blending and processing Refrigerant and Industrial gases, and selling of pre-filled cans and small Cylinders/ Containers.The company has four Plants in Khalapur, Raigad (Maharashtra), Ghiloth, Alwar (Rajasthan), Manesar, Gurugram (Haryana) and Panvel, Raigad (Maharashtra).Stallion India Fluorochemicals Limited (Stallion) deals in gases that are broadly classified as Fluorochemicals. They are majorly used as refrigerants. Stallion's products such as gases are used in various industries, including semiconductor manufacturing, automotive, electronics, pharmaceuticals, healthcare, fire extinguishers, spray foam, glass bottle making, and aerosol production.Competitive Strengths:Strong Market recognitionBusiness model and ability to mitigate operational riskCustomer base across high growth industries and long-standing relationships with customersExperienced Promoter and Key Managerial PersonnelTrack record of consistent financial performancePlants
Stallion India Fluorochemicals Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 22,161,396 | 100.00% | ₹199.45 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 165 | ₹14,850 |
| Retail (Max) | 13 | 2,145 | ₹193,050 |
| sNII (Min) | 14 | 2,310 | ₹207,900 |
| bNII (Min) | 68 | 11,220 | ₹1,009,800 |
| Particulars | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 141.53 | 236.23 | 226.06 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 16.57 | 14.79 | 9.75 |
| Net Worth | 134.53 | 117.96 | 70.70 |
| Total Assets | 235.69 | 203.14 | 126.18 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | 81.05 | 65.35 | 18.27 |