Tue Jan 21 17:24:35 IST 2025: ## Stallion India IPO Oversubscribed 188 Times, Commands High Grey Market Premium

**Mumbai, India** – Stallion India Fluorochemicals Ltd.’s initial public offering (IPO) has concluded with an overwhelming response, receiving subscriptions 188 times its offering size of Rs 199.45 crore. The IPO, which offered shares at a price band of Rs 85-90, saw a significant surge in demand.

Investors who participated in the IPO can now check their allotment status through several channels: the registrar’s website (Bigshare Services Pvt Ltd), the National Stock Exchange of India (NSE), and the Bombay Stock Exchange (BSE). Detailed instructions for checking allotment status on each platform are available.

According to market observers, the shares are commanding a significant grey market premium (GMP) of around 50 percent, with some estimates suggesting a potential listing premium of 46.67 percent. However, it’s important to note that this is unofficial and the actual listing price on January 23rd may vary.

The IPO proceeds will be used to fund working capital, capital expenditure for new facilities in Maharashtra and Andhra Pradesh, and general corporate purposes. Stallion India’s shares are expected to be listed on the exchanges on January 23rd.

**Disclaimer:** Investment decisions should be made after consulting with certified financial experts. This news article does not constitute financial advice.

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