Stallion India Fluorochemicals Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Stallion India Fluorochemicals Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹90
Per ShareLot Size
165 Shares
Minimum Investment
₹14,850
Issue Size
₹0 Cr
Face Value
₹10
Per ShareIPO Type
Rights Issue
Retail Quota
0%
QIB Quota
0%
NII Quota
0%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Stallion India Fluorochemicals Ltd
Business model, operations, and market positioning.
Issue Type
Rights Issue
ISIN
INE0RYC01010
About the Company
We are into the business of selling Refrigerant and Industrial Gases and related products. Our primary business consists of debulking, blending and processing of Refrigerant and Industrial gases, selling of pre filled cans and small Cylinders/ Containers.
Industry Overview
The Indian Fluorochemicals and Specialty Gases market is set to grow at a CAGR of 16-18% from 2024 to 2029, reaching $675-725 million. Key drivers include rising demand from electronics, healthcare, and manufacturing sectors. Fluorochemicals and specialty gases are crucial for applications like PCBs, semiconductor manufacturing, and medical processes. The "Make in India" initiative is boosting domestic production and foreign investment, especially in electronics. Growth is further supported by infrastructure projects and technological advancements. focus should be on innovation and efficiency to leverage these opportunities amid challenges like environmental regulations and competition.
Company History
Our Company was incorporated as Stallion India Fluorochemicals Private Limited, a private limited company, at Mumbai under the Companies Act, 1956 on September 05, 2002, and was granted the certificate of incorporation by the RoC. Subsequently, the name of the Company was changed to Stallion India Fluorochemicals Limited pursuant to a special resolution passed by the shareholders of the Company on August 07, 2023, and a fresh certificate of incorporation dated October 05, 2023 was issued by the RoC consequent upon change of name upon conversion into a public limited company under the Companies Act, 2013.
Products & Services
- The Company is into the business of selling Refrigerant and Industrial Gases and related products.
Growth Strategy
- Geographical expansion and product optimization.
- Trusted Choice for Quality, Innovation, and Growth.
- Continuing focus on innovation and leveraging chemistries and technology absorption.
- Customer Relationship Management.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of up to 2,21,61,396 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company for cash at a price of Rs. 90.00 per equity share (Including a Share Premium of Rs. 80.00 per Equity Share) ("Offer Price") aggregating up to Rs. 199.45 crores (the "Offer") comprising a fresh issue of up to 1,78,58,740 equity shares aggregating up to Rs. 160.73 crores by the company (the "Fresh Issue") and an offer for sale of up to 43,02,656 equity shares aggregating up to Rs. 38.72 crores by Shazad Sheriar Rustomji, (the "Promoter Selling Shareholder") (the "Offer for Sale"). The offer would constitute 27.94 % of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the offer price is 9.00 times of the face value of the equity shares.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Operating and financial performance and growth.
- Customer base across high growth industries and long-standing relationships with customers.
- Blending facilities in different states, value and supply chain efficiencies.
- Professional management and experienced leadership of our Promoter i.e. Shazad Sheriar Rustomji.
- Our revenue from operations depends on sale of Refrigerant Gases and is restricted to certain geographies only. Any changes or a decline in demand, could adversely affect our ability to grow or maintain our sales, earnings and cash flow.
- Increases in the cost of raw materials as a percentage of our revenue from operations could have a material adverse effect on our results of operations and financial condition.
- We import our raw materials with respect to our business operations majorly from China. Any restrictions on import of raw materials may impact our business and results of operations.
- We are subject to risks arising from foreign exchange rate movements.
- Zhejiang Sanmei Chemical Industry Co. Ltd. (Sanmei) have issued a notice through its Legal representative demanding USD 12,51,290.00 i.e Rs. 949.85 lakhs. In the event that, if any legal or regulatory proceedings are initiated, any adverse outcome arising therefrom could affect our reputation, financial condition and cash flow.