Tue Jan 21 05:37:59 UTC 2025: ## Stallion India Fluorochemicals IPO Allotment Announced Today

**Mumbai, January 21, 2024** – The highly oversubscribed Stallion India Fluorochemicals initial public offering (IPO) allotment is being finalized today. The IPO, which closed on January 21st, saw a phenomenal 188.29 times subscription, with bids for 2,92,09,16,790 shares against the 1,55,12,978 shares on offer. This strong demand was seen across all investor categories, with retail investors subscribing 96.81 times, non-institutional investors (NII) 422.35 times, and qualified institutional buyers (QIB) 172.93 times.

Investors can check their allotment status online through the BSE website (https://www.bseindia.com/investors/appli_check.aspx), the NSE website, or the registrar Bigshare Services Pvt Ltd’s portal (https://www.bigshareonline.com/ipo_allotment.html). Successful applicants can expect to receive bank debit messages this evening.

The IPO, priced between ₹85 and ₹90 per share, raised ₹199.45 crore. The funds will be utilized for working capital, capital expenditure on new facilities in Maharashtra and Andhra Pradesh, and general corporate purposes. Stallion India Fluorochemicals, a company specializing in refrigerants and industrial gases, serves various industries including air conditioning, refrigeration, and semiconductor manufacturing.

The company is scheduled to list on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on January 23rd. Unlisted shares are currently trading at a significant grey market premium, suggesting a potentially strong listing day for investors.

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