Stallion India Fluorochemicals Share Allotment Status and GMP : The Initial Public Offer (IPO) of Stallion India Fluorochemicals Limited has received an excellent response from investors. This IPO has been subscribed more than 188 times overall. There is a lot of craze regarding this IPO in the gray market also. GMP is indicating that the company’s stock can give high returns of about 50 percent on listing. In such a situation, now the investors who have invested money in it will have to wait for share allotment today. IPO allotment is to be finalized today. Whether you have received shares or not, you can easily check the status from the website of BSE and Registrar.
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Stallion India IPO Subscription: 188 times
The IPO of Stallion India Fluorochemicals has received tremendous response from investors. This IPO has been subscribed more than 188 times overall till its third and last. 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 IPO GMP Status
There is a lot of craze in the gray market regarding the IPO of Stallion India Fluorochemicals. The unlisted stock of the company is at a premium of Rs 45 in the gray market. In terms of upper price band Rs 90, this premium is 50 percent. If this trade continues then the stock may be listed at Rs 135 as compared to the issue price of Rs 90.
Share allotment status check: From BSE website
For this, first you have to go to BSE website.
Link: bseindia.com/investors/appli_check.aspx
After that the equity box has to be checked.
Then you have to enter the name of the issue Stallion India Fluorochemicals in the dropdown.
After that you have to type your application number in the box.
After that you will have to provide information about your PAN number.
Finally you will have to click on the search button, after which complete information will appear.
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Share allotment status check: From Registrar’s website
Bigshare Services is the registrar of this issue. For this IPO you have to visit the registrar’s website.
For this IPO you will have to visit the registrar’s website.
Link: https://ipo1.bigshareonline.com/IPO_Status.html
Type the company name Stallion India Fluorochemicals in the dropdown.
After this enter PAN number, application number or depository/client ID in the box.
Then enter the captcha and click on the search button. Then you will know your status.
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.)
