
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
Overall Subscription
188.38x
Total Demand
QIB Multiplier
172.93x
Institutions & Funds
NII / HNI
422.42x
High Net-Worth
Retail (RII)
96.90x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 4,432,279 | 766,465,095 | 172.93x |
| NIB | 3,324,210 | 1,404,224,085 | 422.42x |
| HNIs(10L +) | 2,216,140 | 1,047,982,155 | 472.89x |
| HNIs (2-10L) | 1,108,070 | 356,241,930 | 321.50x |
| RETAIL | 7,756,489 | 751,600,245 | 96.90x |
| Total | 18,837,188 | 4,326,513,510 | 188.38x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 47,009 | 3,675,190 | 78.18x |
| HNIs(10L +) | 959 | 90,863 | 94.75x |
| HNIs (2-10L) | 480 | 146,946 | 306.14x |
| Total Applications | 48,448 | 3,912,999 | 80.77x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Stallion India Fluorochemicals Limited IPO is ₹35 per equity share. Based on the upper price band of ₹85 to ₹90 per equity share, the estimated listing price is ₹125 (+38.9% expected listing gain).
With a lot size of 165 shares and current GMP of ₹35, the expected profit per application lot is approx ₹5,775 (+38.9% gain). Minimum application cost is approx ₹14,850.
The Stallion India Fluorochemicals Limited IPO aggregate issue size is ₹199.45 Crores with an equity price band set at ₹85 to ₹90 per equity share. The retail lot size is 165 shares requiring a minimum capital outlay of approx. ₹14,850.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 188.38x (Retail: 96.90x, QIB: 172.93x, NII: 422.42x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-01-21. Investors can verify status using PAN card or application number.
Stallion India Fluorochemicals Limited shares are scheduled to list on NSE and BSE on 2025-01-23.