Thu Jan 16 13:08:14 UTC 2025: ## Stallion India Fluorochemicals to Launch Rs 199.45 Crore IPO

**Mumbai, January 15, 2025** – Stallion India Fluorochemicals Limited, a manufacturer and supplier of refrigerant and industrial gases, is set to launch its initial public offering (IPO) on January 16th, raising a total of Rs 199.45 crore. The IPO comprises a fresh issue of Rs 160.73 crore and an offer for sale of Rs 38.72 crore. The company’s shares will be listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

The book-building IPO will have a price band of Rs 85-90 per share. Retail investors will need to invest a minimum of Rs 14,850 (165 shares), while the minimum investment for small and large Non-Institutional Investors (NIIs) is Rs 2,07,900 and Rs 10,09,800 respectively. Bigshare Services Pvt Ltd is the registrar for the IPO.

The grey market premium (GMP) is currently estimated at Rs 33, suggesting a potential listing price of Rs 123, representing a potential gain of 36.67%. However, investors are cautioned that GMP is not a guarantee of actual listing price.

Established in 2002, Stallion India Fluorochemicals operates four plants across India and caters to diverse sectors including semiconductors, automotive, and healthcare, using fluorochemicals primarily as refrigerants. As of September 30, 2024, the company reported revenue of Rs 141.53 crore, a net worth of Rs 134.53 crore, total assets of Rs 235.69 crore, and a profit after tax (PAT) of Rs 16.57 crore. The IPO application period is from January 16th to 20th, with allotment expected on January 21st and listing on January 23rd.

**Disclaimer:** This news article provides information based on publicly available data. Investment decisions should be made after conducting thorough due diligence and considering individual risk tolerance. Equitypandit and this news source do not guarantee profits or accept liability for any losses incurred as a result of investment decisions based on this information.

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