Stallion India Fluorochemicals : Stallion India Fluorochemicals shares get listed at 33.33% premium!Stallion India Fluorochemicals : Stallion India Fluorochemicals shares get listed at 33.33% premium!

Stallion India Fluorochemicals Ltd debuted on the NSE at ₹120 per share, reflecting a 33.33% premium over its issue price, showcasing strong market demand and investor confidence in the refrigerants supplier’s potential.

Stallion India Fluorochemicals IPO received an overwhelming response on Day 3, with a remarkable subscription of 188.38 times in the primary market. This strong demand highlights significant investor confidence.

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Stallion India Fluorochemicals Limited, founded in 2002,  specializes in selling Refrigerant and Industrial Gases. Operating four plants across India, their fluorochemical products are essential in industries like automotive, electronics, pharmaceuticals, and more, used in applications from refrigeration to aerosol production.

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Stallion India Fluorochemicals Ltd aims to fund ₹145.34 crore for working capital and capital expenditure, including semiconductor and refrigerant facilities in Maharashtra and Andhra Pradesh, alongside strategic initiatives and general corporate purposes.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.