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.
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. 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.
5. 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.
What is an IPO Subscription?
The IPO subscription is a process by which investors bid for shares of the company during its first public offer. Investors from the different categories like retail, institutional and non-institutional apply for shares within the IPO price-band. The level of subscription is measured in terms of how many times shares offered are applied.
A higher subscription time in a specific category reflects strong investors' interest and high demand. Whereas, low subscription reflects lack of demand and under subscription. The subscription data is updated daily which drives the investors sentiment while applying for any IPO.