Stallion India IPO GMP, Open Date, Price Band, Allotment Status

Stallion India IPO open date is January 16, to January 20, 2025. This new IPO is a book-built issue of Rs 199.45 crore. This issue is the combination of fresh issue and offer-for-sale. The fresh issue is of Rs 160.73 crore and offer-for-sale is of Rs 38.72 crore. 

Stallion India IPO price band is Rs 85 to Rs 90 per share. As of now, Stallion India IPO GMP quotation is 19 per share.  Live IPO Grey Market Premium details will be visible online.

Stallion India IPO lot size is 165 shares. The IPO allotment status will be finalised on January 21, 2025. The IPO listing date is January 23, 2025. The shares will be listed on NSE and BSE platform. The minimum investment for the retail investors for 1 lot is expected to be Rs 14,850. The registrar for the Stallion India IPO is Bigshare Services Private Limited.

Also Read | Groww IPO GMP, Open Date, Allotment Status, Listing Date, DRHP

Stallion India IPO GMP

The Stallion India IPO GMP is 19 shares. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Stallion India IPO GMP might rise in the coming days.

Stallion India IPO Price Band

Stallion India IPO price band is Rs 85 to Rs 90 per share. The minimum amount of investment for the retail category is around Rs 14,850 and for small NII minimum investment is to be around Rs 2,07,900. The minimum investment for the Big NII is to be around Rs 10,09,800. 

Stallion India IPO Open Date, Close Date

Stallion India IPO open date is Thursday, 16 January 2025 and closing date is Monday, 20 January 2025. Initiation of refund date is 22 January 2025 and credit of shares will be on 22 January 2025.

Stallion India IPO Allotment Status

Stallion India IPO allotment status will be finalised on January 21, 2025. The listing will be on the BSE and NSE platforms, the date is January 23, 2025. The registrar of this IPO is Bigshare Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends. 

Stallion India IPO Listing Date

Stallion India IPO's listing date is finalised on January 23, 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Stallion India IPO: Listing Date, Lot Size, Price Band

Stallion India IPO Limited: About the Company

Stallion India Limited was incorporated in 2002, 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 and Containers.

Stallion India Limited deals in gases that are broadly classified as Fluorochemicals. The products such as gases are used in various industries, including semiconductor manufacturing, automotive, electronics. Also used in pharmaceuticals, healthcare, fire extinguishers, spray foam, glass bottle making, and aerosol production.

Stallion India IPO Objectives

The funds raised from Stallion India IPO will be used for the funding the day-to-day capital needs and funding the capital expenditure. The remaining money will be used for fulfilling the general corporate purposes.

Stallion India IPO: Key Dates, Allotment, Listing Date

Stallion India IPO Subscription Status, IPO Reservation

Stallion India IPO subscription status will be available after the IPO opens on 16 january 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors. 

Stallion India IPO Lot Size Details

Stallion India IPO lot size is 165  shares. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,850 and the maximum is 13 lots, amounting to be around Rs 1,93,050. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,07,900.

Stallion India IPO Promoter Holdings

Stallion India IPO promoters are Shazad Sheriar Rustomji, Manisha Shazad Rustomji and Rohan Shazad Rustomji. The promoters' shareholdings before the IPO were 94.63%; however, after the IPO, shareholdings will decline to 67.90%.

Stallion India Limited Company Financials

Stallion India Limited posted revenue of Rs 226.06 crore and net profit of Rs 236.23 crore for the period ending on 31 Mar 2024. The company’s revenue increased by 4.49% and PAT increased by 51.69% between the FY ending on 31 March 2024 and 31 March 2023. 

Stallion India IPO Registrar

Stallion India IPO registrar is Bigshare Services Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Stallion India IPO Lead Managers

Stallion India IPO lead managers are Sarthi Capital Advisors Private Limited.

How to apply to Stallion India IPO

Interested investors can apply to the Stallion India IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul. 

Stallion India IPO Review

Stallion India IPO may get a positive response from the general public. The company is involved  in the fluorochemical business So, investors interested in the chemical sector can apply to this IPO. 

This upcoming IPO is expected to get a neutral response on the last bidding date. Moreover, if the IPO gets a positive response then Stallion India IPO GMP will also rise. 

Stallion India IPO FAQ

1. What are the details of the Stallion India IPO?

Stallion India IPO is a book-built issue of Rs 199.45 crore. This issue is the combination of fresh issue and offer-for-sale. The fresh issue is of Rs 160.73 crore and offer-for-sale is of Rs 38.72 crore. 

2. When will the Stallion India IPO open and close?

Stallion India IPO open date is Thursday, 16 January 2025 and closing date is Monday, 20 January 2025. Initiation of refund date is 22 January 2025 and credit of shares will be on 22 January 2025.

3. What is Stallion India IPO GMP?

The Stallion India IPO GMP is 19 shares. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Stallion India IPO GMP might rise in the coming days.

4. What are the details of Stallion India IPO Subscription Status?

Stallion India IPO subscription status will be available after the IPO opens on 16 january 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors. 

5. Write the details of the IPO Allotment Status?

Stallion India IPO allotment status will be finalised on January 21, 2025. The listing will be on the BSE and NSE platforms, the date is January 23, 2025. The registrar of this IPO is Bigshare Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends. 

6. Who is the registrar and lead managers for Stallion India IPO?

Stallion India IPO registrar is Bigshare Services Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are  Sarthi Capital Advisors Private Limited.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?