Stallion India Fluorochemicals Stock Market Listing Today : Stallion India Fluorochemicals, a company engaged in the business of refrigerants and industrial gases, has got a strong listing in the stock market today on January 23, 2025. The company’s stock was listed on BSE today at a price of Rs 120, while the IPO price was Rs 90. In this sense, those who got shares in the IPO have made a profit of about 33 percent or Rs 30 per share on the listing day. The company’s IPO had received a strong response from investors, while its gray market premium was also indicating its strong listing.
This IPO was open for subscription from 16 to 20 January 2025. The size of the IPO was Rs 199.45 crore. Whereas the price band for this was Rs 85 to Rs 90 per share. The size of the IPO was around Rs 200 crore, while it received total bids of Rs 26,292.40 crore.
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Stallion India had received high subscription
The IPO of Stallion India Fluorochemicals received an overwhelming response from investors. This IPO was subscribed more than 188 times overall. In the IPO, 35 percent shares were reserved for retail investors and it was subscribed a total of 96.81 times. In the IPO, 50 percent shares were reserved for qualified institutional buyers and it was subscribed a total of 173 times. Whereas 15 percent share was reserved for non-institutional investors and it was subscribed a total of 422.35 times.
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Stallion India’s business model
Stallion India Fluorochemicals is primarily engaged in the business of refrigerants and industrial gases. The company manufactures gases through debulking, blending and processing. Apart from this, the company also sells pre-filled cans and small cylinders.
The company has four manufacturing units located in Maharashtra, Rajasthan and Haryana. All these facilities are designed to store gases in a safe environment. The company’s products are used in various sectors like air conditioners, refrigerators, fire safety, semiconductor manufacturing, automobiles, pharma and medicals.
Stallion India Fluorochemicals has 20 years of experience in the refrigerant gas segment, making it a reputed brand. Competitive pricing, better service and high quality have a big role in the company’s growth. The company has a good reputation in terms of timely delivery and quality control.
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Potential Risk Factors and Competition
More than 80% of the company’s income comes from the sale of refrigerant gases, so reduction in demand or changes in policy can affect the company’s income. Apart from this, most of the company’s business is dependent on Maharashtra and Delhi, due to which the regional risk increases. Since the raw material is supplied from China, the global situation may also impact the company’s business. Stallion India Fluorochemicals’ main competitors include SRF Limited, Gujarat Fluorochemicals Limited and Naveen Fluorine International Limited.
(Disclaimer: The purpose of this article is only to provide information, not to recommend investment. Take any investment decision only after taking the advice of your investment advisor.)
