Stallion India IPO - Day 3 Subscription at 61.95 Times

resr 5paisa Research Team

Last Updated: 20th January 2025 - 01:14 pm

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Stallion India's initial public offering (IPO) has demonstrated exceptional investor interest over its three-day period. The IPO showed remarkable growth in demand, progressing from 7.16 times on day one, to 32.23 times on day two, and ultimately reaching an impressive 61.95 times by 11:04:13 AM on the final day.

Stallion India IPO  has seen particularly strong participation from Non-Institutional Investors, achieving a remarkable 172.60 times subscription, with the large NII segment leading at 186.89 times and small NII segment at 144.01 times. The Retail Investors segment has shown solid interest with 49.63 times subscription, while the QIB portion stands at 0.52 times.
 

Subscription Status of Stallion India IPO:

Date QIB NII  Retail Total
Day 1 (Jan 16) 0.04 10.42 9.83 7.16
Day 2 (Jan 17) 0.31 77.16 31.22 32.23
Day 3 (Jan 20)* 0.52 172.6 49.63 61.95

*As of 11:04:13 AM

Here are the subscription details for Stallion India IPO as of Day 3 (20th January 2025, 11:04:13 AM):

Investor Category Subscription (times) Shares Offered Shares bid for Total Amount (Rs Cr.)
Anchor Investors 1.00 66,48,418 66,48,418 59.84
Qualified Institutions 0.52 44,32,279 23,06,205 20.76
Non-Institutional Buyers 172.60 33,24,210 57,37,43,280 5,163.69
- bNII (bids above ₹10L) 186.89 22,16,140 41,41,74,420 3,727.57
- sNII (bids below ₹10L) 144.01 11,08,070 15,95,68,860 1,436.12
Retail Investors 49.63 77,56,489 38,49,75,030 3,464.78
Total 61.95 1,55,12,978 96,10,24,515 8,649.22

 

Note:
 

"Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
The portions of anchor investors and market maker are not included in the total shares offered.

Stallion India IPO - Day 3 Subscription

Key Highlights: 

  • Overall subscription achieved exceptional 61.95 times on the final day
  • Non-Institutional Investors showing remarkable response with large NII reaching 186.89 times
  • Small NII demonstrated strong interest at 144.01 times subscription
  • Retail investors maintained solid participation at 49.63 times
  • QIB portion reached 0.52 times
  • Total bids worth ₹8,649.22 crores received
  • Applications reached 23,20,993 showing tremendous investor interest
  • Market response indicating substantial demand
  • Final day demonstrating significant oversubscription across most categories

Stallion India IPO - Day 2 Subscription at 32.23 Times

Key Highlights: 

  • Overall subscription grew significantly to 32.23 times, showing strong momentum
  • Non-Institutional Investors (large) demonstrated robust growth to 77.39 times
  • Small Non-Institutional Investors achieved comparable strength at 76.68 times
  • Retail investors showed substantial increase to 31.22 times
  • QIB portion improved moderately to 0.31 times
  • Day two witnessed particularly strong NII participation
  • Market response indicating escalating investor confidence
  • Subscription trend showing accelerated momentum across categories
  • Total applications showing broad-based investor interest
  • All segments except QIB demonstrated vigorous growth

 

Stallion India IPO - Day 1 Subscription at 7.16 Times

  • Overall subscription opened encouragingly at 7.16 times
  • Small Non-Institutional Investors led initial interest at 15.43 times
  • Retail investors demonstrated early confidence at 9.83 times
  • Large Non-Institutional Investors began steadily at 7.91 times
  • QIB portion started modestly at 0.04 times
  • Opening day demonstrated promising response
  • Market confidence particularly evident in retail and small NII segments
  • Initial momentum indicating strong underlying demand
  • Day one subscription establishing solid foundation
  • Multiple investor categories showing active participation from start

 

About Stallion India Fluorochemicals Limited

Incorporated in 2002, Stallion India Fluorochemicals Limited has established itself in the refrigerant and industrial gases sector. The company specializes in debulking, blending, and processing refrigerant and industrial gases, along with selling pre-filled cans and small cylinders/containers.

The company operates through four strategically located manufacturing plants in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). Their products serve various industries including semiconductor manufacturing, automotive, electronics, pharmaceuticals, healthcare, and other specialized sectors.

Their financial performance shows steady growth, with revenue of ₹141.53 crores and profit after tax of ₹16.57 crores for the period ended September 30, 2024. The company's products find applications across diverse high-growth industries, supported by their strong market recognition and established customer relationships.
 

Highlights of the Stallion India IPO:

  • IPO type: Book Built Issue IPO
  • IPO size: ₹199.45 crores
  • Fresh Issue: ₹160.73 crores (1.79 crore shares)
  • Offer for Sale: ₹38.72 crores (0.43 crore shares)
  • Face value: ₹10 per share
  • Price band: ₹85 to ₹90 per share
  • Lot size: 165 shares
  • Minimum investment for retail investors: ₹14,850
  • Minimum investment for small NII: ₹2,07,900 (14 lots)
  • Minimum investment for big NII: ₹10,09,800 (68 lots)
  • Listing at: BSE, NSE
  • IPO opens: 16th January 2025
  • IPO closes: 20th January 2025
  • Allotment date: 21st January 2025
  • Refund initiation: 22nd January 2025
  • Credit of shares: 22nd January 2025
  • Listing date: 23rd January 2025
  • Lead Manager: Sarthi Capital Advisors Private Limited
  • Registrar: Bigshare Services Pvt Ltd

 

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