
Chemicals · NSE / BSE
Stallion India Fluorochemicals Limited, established on September 5, 2002, is a Mumbai-based company led by its founder and Chairman, Shazad Sheriar Rustomji. The company specializes in producing and supplying refrigerants and specialty gases, focusing on HFC and HFO categories. It serves various industries, including semiconductors, automotive, electronics, pharmaceuticals, and fire safety. With nearly 20 years of experience in handling fluorochemicals, Stallion operates four advanced plants in Maharashtra, Rajasthan, and Haryana, adhering to strict safety and storage standards. The company provides tailored solutions to improve efficiency, productivity, and sustainability while helping clients reduce energy costs. Known for its product diversification in specialty gases, Stallion has become a trusted name in the industry, driven by a strong leadership team and a commitment to innovation and environmental responsibility.
Price Band
₹85 – ₹90
Issue Size
₹199 Cr
Lot Size
165 shares
GMP
+38.9%
Est. Listing
₹125
at current GMP
Subscribed
188.38x
overall
Open
16 Jan 2025
Close
20 Jan 2025
Allotment
21 Jan 2025
Refund
22 Jan 2025
Demat Credit
23 Jan 2025
Listing
23 Jan 2025
Designated Registrar: Bigshare Services Private Limited
Allotment Date
21 Jan 2025
Basis finalization
Refunds Initiate
22 Jan 2025
Mandate release
Demat Credit
23 Jan 2025
Shares in demat
Listing Debut
23 Jan 2025
Trading begins
Stallion India Fluorochemicals Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹199.45 Crores. The shares are offered at a price band of ₹85 to ₹90 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-01-20, the basis of allotment is scheduled to be finalized on 2025-01-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.