Stallion India IPO (Stallion India Fluorochemicals Limited IPO)

Stallion India IPO open for bidding on 16th January 2024 and ends on 20th January 2024.

Stallion India Fluorochemicals Limited (SIFL), incorporated in 2002, is a leading player in the fluorochemical industry, providing essential products for applications in refrigeration, air conditioning, and advanced polymers. Headquartered in Mumbai, the company has consistently adapted to market demands by offering sustainable and low-global-warming-potential (GWP) solutions.

SIFL’s core operations emphasize the development and distribution of environmentally compliant fluorochemicals. The company is a trusted supplier to industries prioritizing green technologies and regulatory compliance, catering to both domestic and international markets. Its portfolio is backed by a robust focus on innovation and R&D, ensuring adherence to evolving environmental standards.

SIFL is poised to capitalize on the growing demand for fluorochemicals while maintaining its commitment to sustainability and innovation, ensuring long-term value for stakeholders.

For more details refer to Stallion India IPO RHP and Stallion India IPO Pulse Score

Stallion India IPO Details

IPO Date	16th January 2024 to 20th January 2024
Listing Date	[•]
Face Value	₹10 per share
Price Band	₹85 to ₹90 per share
Lot Size	165 Shares
Total Issue Size	2,21,61,396 shares (aggregating up to ₹199.45 Cr)
Fresh Issue	1,78,58,740 shares (aggregating up to ₹160.73 Cr)
Offer for Sale	43,02,656 shares of ₹10 (aggregating up to ₹38.72 Cr)
Issue Type	Book Built Issue IPO

IPO Reservation

Investor Category	Shares Offered
Anchor Investor	66,48,418(30%)
QIB	44,32,279(20%)
NII	33,24,210(15%)
bNII	22,16,140(10%)
sNII	11,08,070(5%)
Retail	77,56,489(35%)
Total	2,21,61,396(100%)

Stallion India IPO Timeline

IPO Open	16th January 2025
IPO Close	20th January 2025
Basis Of Allotment	21st January 2025
Initiation of Refunds	22nd January 2025
Credit of Shares to Demat	22nd January 2025
Listing Date	23rd January 2025

Fundamentals

Data as of 30^th September 2024

Market Cap	₹713.93 Cr	P/E Ratio- Pre IPO	37.41
RoNW*	12.31%	P/E Ratio- Post IPO	21.55
RoCE*	11.58%	P/B Ratio	4.69
Debt to Equity	0.60	PAT Margin	11.70%

Note: P/E Ratio -Pre IPO is calculated based on Pre-issue Shareholding and FY Earnings of March 2024. P/E Ratio- Post IPO is calculated based on post-issue shareholding and annualized FY earnings for September 2024. RoCE and RoNW are for six-month period ended September 30, 2024

Stallion India IPO Objectives

The company proposes to utilize the Net Proceeds towards the funding of the following objects:

Funding incremental working capital requirements of the Company;
Funding capital expenditure requirements for the Semi-conductor & Specialty Gas debulking & blending facility(“Khalapur, Maharashtra”)
Funding capital expenditure requirements for the Refrigerant debulking & blending facility (“Mambattu, Andhra Pradesh”)
General corporate purposes.