Stallion India Fluorochemicals IPO Set to Open on 16th Jan With a Strong GMO

Stallion India Fluorochemicals is all set to launch its Initial Public Offering (IPO) on Thursday, January 16, 2025. The offer will close on January 20. The IPO is attracting attention due to its strong grey market premium (GMP), which currently stands at around Rs 30-31, signaling a potential 33% premium over the issue price.

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The company is offering its shares in the price band of Rs 85-90 per share. Investors can apply for a minimum of 165 equity shares, with further applications to be made in multiples of 165 shares. The total size of the IPO is Rs 199.45 crore, comprising a fresh issue of Rs 160.73 crore and an offer-for-sale (OFS) of up to 43.02 lakh equity shares, valued at Rs 38.72 crore.

Ahead of the public offering, the anchor book opens on Wednesday, January 15, allowing institutional investors to make their bids in advance. The grey market premium for the shares, which has been reported at Rs 33 per share, suggests an impressive 37% potential gain for investors, further fueling interest in the IPO.

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About the Company

Stallion India Fluorochemicals is a prominent supplier in the refrigerants industry, specializing in the production and distribution of a wide range of fluorochemicals used in refrigeration and air-conditioning systems. The company has established itself as a key player in the sector, serving both domestic and international markets with its high-quality products. These fluorochemicals play a critical role in various industries, including automotive, manufacturing, and consumer goods, by ensuring the effective functioning of cooling systems and maintaining energy efficiency.

The company is known for its commitment to quality, innovation, and sustainability, with a focus on providing eco-friendly refrigerant solutions that comply with global environmental standards. As the demand for energy-efficient and environmentally conscious refrigerants continues to grow, Stallion India Fluorochemicals is well-positioned to capitalize on this trend, making its IPO an exciting opportunity for investors seeking exposure to the expanding refrigerants market.

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The growing demand for refrigerants and Stallion India Fluorochemicals’ strong position within this sector has contributed to the optimism surrounding the IPO. With the company’s promising market outlook and the positive sentiment reflected in the grey market, the IPO is expected to garner significant attention from both retail and institutional investors.

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