Tue Jan 21 19:40:00 IST 2025: ## Stallion India Fluorochemicals IPO Oversubscribed by 188 Times, Allotment Due Tuesday

**Mumbai, January 21, 2025** – Stallion India Fluorochemicals Limited’s initial public offering (IPO) has concluded with overwhelming investor interest, receiving bids nearly 200 times its size. The IPO, which aimed to raise Rs 199.45 crore, closed on January 20th with an overall subscription of 188.32 times. The Non-Institutional Investors (NII) category showed the strongest interest, subscribing 422.35 times the offered shares. Qualified Institutional Buyers (QIB) subscribed 172.93 times, while the retail portion was subscribed 96.81 times.

Share allotment will be finalized on Tuesday, January 22nd. Investors can check their allotment status on the websites of the Bombay Stock Exchange (BSE) and Bigshare Services Pvt Ltd, the IPO registrar. Detailed instructions on how to check allotment status on both websites are available.

The IPO’s grey market premium (GMP) has risen to Rs 48, suggesting a potential listing gain of over 53%. With an IPO price band of Rs 90, the expected listing price is Rs 138. Stallion India Fluorochemicals shares are expected to debut on the BSE and NSE on Thursday, January 23rd, 2025.

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