Stallion India Fluorochemicals IPO Details, Financials, Valuation & Peers
Explore Stallion India Fluorochemicals IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Stallion India Fluorochemicals Limited, established in 2002 and headquartered in Mumbai, specializes in the debulking, blending, and distribution of refrigerant and industrial gases. Operating from four strategically located facilities across India—Khalapur, Ghiloth, Manesar, and Panvel—the company adheres to stringent safety and quality standards to ensure high-quality products. The company’s portfolio includes refrigerants, industrial gases, and pre-filled cans and cylinders, catering to industries such as air conditioning, fire fighting, semiconductors, automotive manufacturing, pharmaceuticals, aerosols, and spray foam applications. With a focus on innovation, Stallion creates customized gas blends and formulations to meet specific client needs while maintaining a commitment to sustainability and operational efficiency.
Key Points:
- Product Portfolio: Specializes in refrigerants, industrial gases, and pre-filled cans/cylinders for industries including air conditioning, fire fighting, pharmaceuticals, and semiconductors.
- Strategic Facilities: Operates four facilities across India (Khalapur, Ghiloth, Manesar, and Panvel) equipped for gas storage and processing under strict safety standards.
- Processing & Blending: Expertise in debulking and blending gases, creating customized formulations to meet industry-specific requirements.
- Comprehensive Quality Control: Rigorous QC processes include sampling, testing, hydro testing of cylinders, and issuing Batch Certificates of Analysis (COAs).
- Industries Served: Provides solutions for diverse sectors such as HVAC, automotive manufacturing, medical and pharmaceutical industries, glass bottle manufacturing, and aerosols.
- Commitment to Safety & Environment: Adheres to stringent safety standards and promotes eco-friendly practices to ensure operational sustainability.
Objects of the Issue
- Funding incremental working capital requirements of the Company;
- Funding capital expenditure requirements for the Semi-conductor & Specialty Gas debulking & blending facility (“Khalapur, Maharashtra”)
- Funding capital expenditure requirements for the Refrigerant debulking & blending facility (“Mambattu, Andhra Pradesh”)
- General corporate purposes.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 16 Jan - 20 Jan 2025 |
| IPO Price Band | ₹85 - ₹90 per share |
| Fresh Issue | 1,78,58,740 shares (₹160.73 crore) |
| Offer For Sale | 43,02,656 shares (₹38.72 crore) |
| Total IPO Size | ₹199.45 crore |
| Face Value | ₹10 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 16 Jan 2025 |
| IPO Closing Date | 20 Jan 2025 |
| Basis Of Allotment | 21 Jan 2025 |
| Refunds | 22 Jan 2025 |
| Demat Transfer | 22 Jan 2025 |
| IPO Listing Date | 23 Jan 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | 186.34 | 226.06 | 236.23 | 141.53 |
| Total Expenses | 156.27 | 213.09 | 214.96 | 119.06 |
| Net Profit/Loss | 21.11 | 9.75 | 14.79 | 16.57 |
| NPM (*) | 11.33 | 4.31 | 6.26 | 11.70 |
| Total Assets | 98.01 | 126.18 | 203.14 | 235.69 |
| Total Liabilities | 37.07 | 55.48 | 85.18 | 101.16 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | 3.83 | 1.77 | 2.54 | 2.69 |
| ROE (%) | 34.64 | 13.79 | 12.54 | 12.31 |
| ROCE (%) | 49.22 | 15.80 | 13.96 | 11.58 |
| D/E Ratio | 0.03 | 0.26 | 0.55 | 0.60 |
| Current Ratio | 2.19 | 1.97 | 2.19 | 2.16 |
| EBITDA MARGIN (%) | 17.71 | 6.90 | 11.30 | 18.04 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Stallion India Fluorochemicals Limited | 236.23 | 35.43 | 2.54 | 12.54 | 19.19 |
| Navin Flourine International Limited | 1,488.20 | 70.82 | 47.44 | 10.22 | NA |
| SRF Limited | 10,906.09 | 49.30 | 46.35 | 13.07 | NA |
| Gujarat Fluorochemicals Limited | 4,088.07 | 108.36 | 38.12 | 7.07 | NA |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | Not more than 50% |
| Non-Institutional Investor (NII/HNI) | Not less than 15% |
| Retail Individual Investor (RII) | Not less than 35% |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0.31 |
| Non-Institutional Investor (NII/HNI) | 77.11 |
| Retail Individual Investor (RII) | 31.1 |
| Total | 32.17 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- SHAZAD SHERIAR RUSTOMJI
- MANIHSA SHAZAD RUSTOMJI
- ROHAN SHAZAD RUSTOMJI
Lead Managers
- Sarthi Capital Advisors Private Limited
Company Address
Stallion India Fluorochemicals Limited
2, A Wing, Knox Plaza, Off. Link Road, Mindspace, Malad - (West), Mumbai - 400064
Phone: 022-43510000
Email: compliance@stallion.in
Website: www.stallionfluorochemicals.com
FAQs
- What is the issue size of the Stallion India Fluorochemicals IPO?The Stallion India Fluorochemicals IPO has an issue size of ₹199.45 crore. This includes a fresh issue of 1,78,58,740 shares (₹160.73 crore) and an offer for sale (OFS) of 43,02,656 shares (₹38.72 crore).
- What is the price band of the Stallion India Fluorochemicals IPO?The price band for the Stallion India Fluorochemicals IPO is ₹85 - ₹90 per share.
- What are the bidding dates for the Stallion India Fluorochemicals IPO?The Stallion India Fluorochemicals IPO will open for bidding on 16 Jan 2025 and close on 20 Jan 2025.
- What is the allotment date for the Stallion India Fluorochemicals IPO?The allotment date for the Stallion India Fluorochemicals IPO is 21 Jan 2025.
- What is the minimum lot size and investment required for the Stallion India Fluorochemicals IPO?The minimum lot size for the Stallion India Fluorochemicals IPO is 165 shares and the minimum investment required is ₹14,850.
- What is the listing date for the Stallion India Fluorochemicals IPO?The listing date for the Stallion India Fluorochemicals IPO is 23 Jan 2025.
- What is the Stallion India Fluorochemicals IPO grey market premium?The grey market premium (GMP) for the Stallion India Fluorochemicals IPO is currently at ₹40, with an expected listing gain of approximately 44.44%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.