Stallion India Fluorochemicals Ltd IPO
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Stallion India Fluorochemicals Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 221.61 L | ₹ 43.03 L | ₹ 77.56 L | ₹ 581.66 L | BSE | ₹ 199.45 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 16 Jan, 25 | 20 Jan, 25 | 165 | ₹ 14,025 | Book Building | 23 Jan, 25 |
Stallion India Fluorochemicals Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Chemicals |
| Sub Sector | NA |
| Issue Type | Book Building |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0.13x | 11080698 | 1391445 |
| NII | 77.08x | 3324209 | 256235100 |
| Retail | 31.03x | 7756489 | 240676260 |
| Employee | 0x | 0 | 0 |
| Total | 22.49x | 22161396 | 498302805 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Stallion India Fluorochemicals Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 22.38 | 14.51 | 31.86 |
| EBITDA | 23.49 | 16.05 | 33.65 |
| PAT | 14.79 | 9.75 | 21.11 |
| Total Assets | 186.50 | 109.62 | 79.86 |
| Share Capital | 61.47 | 55.13 | 12.25 |
| Total Borrowings | 57.90 | 28.61 | 8.55 |
| Operating Activities (Net Cash) | 15.90 | 11.29 | 22.90 |
| Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 57.90 | 28.61 | 8.55 |
| Net Cashflow | 17.07 | 15.29 | 1.77 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Stallion India Fluorochemicals Ltd
Our Company was incorporated as Stallion India Fluorochemicals Private Limited, a private limited company, at Mumbai under the Companies Act, 1956 on September 05, 2002, and was granted the certificate of incorporation by the RoC. Subsequently, the name of the Company was changed to Stallion India Fluorochemicals Limited pursuant to a special resolution passed by the shareholders of the Company on August 07, 2023, and a fresh certificate of incorporation dated October 05, 2023 was issued by the RoC consequent upon change of name upon conversion into a public limited company under the Companies Act, 2013.
The Indian Fluorochemicals and Specialty Gases market is set to grow at a CAGR of 16-18% from 2024 to 2029, reaching $675-725 million. Key drivers include rising demand from electronics, healthcare, and manufacturing sectors. Fluorochemicals and specialty gases are crucial for applications like PCBs, semiconductor manufacturing, and medical processes. The Make in India initiative is boosting domestic production and foreign investment, especially in electronics. Growth is further supported by infrastructure projects and technological advancements. focus should be on innovation and efficiency to leverage these opportunities amid challenges like environmental regulations and competition.
We are into the business of selling Refrigerant and Industrial Gases and related products. Our primary business consists of debulking, blending and processing of Refrigerant and Industrial gases, selling of pre filled cans and small Cylinders/ Containers.
Peer Comparison:
- Navin Fluorine International Ltd
- SRF Ltd
- Gujarat Fluorochemicals Ltd
Stallion India Fluorochemicals Ltd IPO Key Points
Strengths
- Operating and financial performance and growth.
- Customer base across high growth industries and long-standing relationships with customers.
- Blending facilities in different states, value and supply chain efficiencies.
- Professional management and experienced leadership of our Promoter i.e. Shazad Sheriar Rustomji.
Risk
- Our revenue from operations depends on sale of Refrigerant Gases and is restricted to certain geographies only. Any changes or a decline in demand, could adversely affect our ability to grow or maintain our sales, earnings and cash flow.
- Increases in the cost of raw materials as a percentage of our revenue from operations could have a material adverse effect on our results of operations and financial condition.
- We import our raw materials with respect to our business operations majorly from China. Any restrictions on import of raw materials may impact our business and results of operations.
Strategy
- Geographical expansion and product optimization.
- Trusted Choice for Quality, Innovation, and Growth.
- Continuing focus on innovation and leveraging chemistries and technology absorption.
- Customer Relationship Management.
- Operating and financial performance and growth.
- Customer base across high growth industries and long-standing relationships with customers.
- Blending facilities in different states, value and supply chain efficiencies.
- Professional management and experienced leadership of our Promoter i.e. Shazad Sheriar Rustomji.
How To Apply for Stallion India Fluorochemicals Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
