Stallion India IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Apr 03, 2024Let’s have a detailed review of the company and analytics of the Stallion India IPO release date, IPO offer price, subscription, Stallion India Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs [●] |
| Listing At | BSE, NSE |
| Min. Order Quantity | NA Shares |
| Listing Date | NA |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs Lakh |
| IPO Size | Rs Lakh |
| Tick Size | 1 |
Stallion India IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Stallion India Share Price |
Stallion India IPO – Summary
They are in the business of selling Refrigerant gases Industrial Gases and related products. Their primary business consists of debulking, blending and processing refrigerant and Industrial gases and selling pre-filled cans.
The promoters of this company are SHAZAD SHERIAR RUSTOMJI, MANIHSA SHAZAD RUSTOMJI & ROHAN SHAZAD RUSTOMJI. The lead manager of the issue is Sarthi Capital Advisors Private Limited, and the Registrar of this issue is BIG SHARE SERVICES PRIVATE LIMITED.
Stallion India IPO Date
The opening and closing dates of Stallion India IPO are not available yet.
Stallion India IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Stallion India IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Stallion India Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | – |
| Refunds Initiation | – |
| Credit of Shares to Demat Account | – |
| Share Listing Date | – |
Stallion India IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.[●]
Stallion India IPO Equity Size
This Initial Public Issue of 2,21,61,396 Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Lakh.
Stallion India IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.10/ each.
Issue Size: 1,78,58,740 Equity Shares of Rs.10 each, aggregating to Rs.[●] Lakh
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Stallion India IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Stallion India Share Price |
Stallion India IPO Grey Market Premium
The Stallion India Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
Stallion India IPO – Company Overview
Their primary objective is to establish ourselves as a reliable supplier of refrigerant gases, catering to both bulk and small cylinder/container requirements to original equipment manufacturers (OEMs).
Their gases find application in various industries/segments such as Air conditioners & Refrigerators, Fire Fighting, Semiconductor manufacturing, Automobile Manufacturing, Pharma and Medicals, Semiconductors, Glass bottle manufacturing, Aerosols and Spray foam.
With over two decades of extensive experience in large-scale Fluorochemicals debulking bottling & distribution, they specialize in refrigerant gases by blending two or more gases to create new formulations. They deal in gases that are broadly classified as Fluorochemicals. They are mainly used as refrigerants.
Primarily these gases fall into the categories Known as:
- HC (Hydrocarbons)
- HFC’s(Hydrofluorocarbons)
- HFO’s(Hydrofluoroolefins).
Stallion India IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | ||||
| 30-Sep-23 | 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Total Assets |
17,667.84
|
12,250.33
|
9,800.69
|
15,314.35
|
| *Total Revenue |
9,351.37
|
23,519.93
|
18,634.07
|
11,941.52
|
| Total Expense |
8,592.56
|
21,193.73
|
15,626.98
|
10,598.77
|
| Profit After Tax |
215.07
|
701.80
|
896.12
|
358.06
|
Earnings per Equity Share (in Lakh)
| 30-Sep-23 | 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Basic & Diluted |
0.88
|
2.95
|
3.83
|
1.79
|
Further, their PAT for the period ended on March 31, 2023, March 31, 2022, and March 31, 2021, were Rs. 701.80 Lakh, Rs. 896.12 Lakh and Rs. 358.06 Lakh respectively.
Stallion India IPO – Promoters
The Promoter of this company is:
- SHAZAD SHERIAR RUSTOMJI,
- MANIHSA SHAZAD RUSTOMJI
- ROHAN SHAZAD RUSTOMJI
List of Related Parties (Key Managerial Personnel)
-
Shazad Sheriar Rustomji, Chairman and Managing Director
-
Manisha Shazad Rustomji, Executive Director
-
Rohan Shazad Rustomji, Executive Director
-
Geetu Yadav, Executive Director
Stallion India IPO – Promoters Holding
- Pre-Issue Share Holding – %
- Post-Issue Share Holding – %
Stallion India IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 2,21,61,396 Equity Shares aggregating up to Rs.[●] Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Lakh |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Lakh |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | 6,14,66,514 Equity Shares |
| Equity Shares outstanding after the Issue | 7,93,25,254 Equity Shares |
Stallion India IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
- Funding incremental working capital requirements of their Company;
- Funding capital expenditure requirements for their Semi-conductor & Specialty Gas debulking & blending facility (“Khalapur, Maharashtra”)
- Funding capital expenditure requirements for their Refrigerant debulking & blending facility (“Mambattu, Andhra Pradesh”)
- General Corporate Purposes
Stallion India IPO – Business 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
Stallion India IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Track record of operating and financial performance and growth
- Diversified customer base across high-growth industries and long-standing relationships with customers;
- Strategically located blending facilities in different states, value and supply chain efficiencies;
- Professional management and experienced leadership
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-23 |
2.95
|
21.01
|
14.03
|
| 31-Mar-22 |
3.83
|
34.57
|
– |
| Mar-21 |
1.79
|
24.66
|
– |
Stallion India IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total PAT (Rs. in Lakhs) | |
| Stallion India Limited | 10 | [●] |
2.95
|
21.01%
|
1,624.40
|
| Listed Peers | |||||
| Navin Flourine International Limited | 2 |
59.42
|
62.83
|
14.60
|
31,249
|
| SRF Limited | 10 |
30.17
|
68.26
|
21.87
|
2,02,336
|
Stallion India IPO Lead Managers
| Lead Managers |
| Sarthi Capital Advisors Private Limited CIN: U65190DL2012PTC238100401, 4th Floor, Manek Plaza, 167, VidyanagariMarg,Kalina, Santacruz (E), Mumbai –400 098 Tel No.: +91 22 2652 8671/ 72 Email Id: compliance@sarthiwm.in Website:www.sarthiwm.in Contact Person: Mr. Taher Engineer SEBI Registration No.: INM000012011 |
Stallion India IPO Registrar to offer
| Registrar to the Offer |
| Bigshare Services Private Limited CIN: U99999MH1994PTC076534 Office No S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai –400093 Tel. No.: +91 22 6263 8200; Email: ipo@bigshareonline.comInvestor Grievance E-Mail: investor@bigshareonline.com Contact Person: Mr. Jibu John SEBI Registration No.: INR000001385 Website:www.bigshareonline.com |
Stallion India IPO – Other Details
- Statutory Auditor – Mittal & Associates, Chartered Accountants
- Legal Counsel to the Company – Bankim Mehta & Associates
- Bankers to the Company – ICICI Bank Limited
Stallion India IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Stallion India Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Stallion India IPO Review FAQs
Check out various FAQs related to Stallion India IPO:
What is the Issue Size of Stallion India IPO?
The Company is making an initial public offer of 2,21,61,396 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Stallion India IPO?
The price band for this particular IPO ranges between Rs NA. As far as the face value of the share is concerned, it is Rs. 10 per share.
What is the Stallion India IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
What is the Stallion India IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
What is the Stallion India IPO Listing Date?
Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Who is the Registrar of Stallion India IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Stallion India IPO?
Here are the promoters of this IPO – SHAZAD SHERIAR RUSTOMJI, MANIHSA SHAZAD RUSTOMJI & ROHAN SHAZAD RUSTOMJI. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Stallion India IPO?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.
Is Stallion India IPO Good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Stallion India Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2023 in Lakh is 701.80, 2022 is 896.12, and 2021 is 358.06. PAT from Sep 2023 is 215.07.
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