Stallion India Fluorochemicals IPO share allotment likely today: Check status, listing date and other details

Stallion India Fluorochemicals IPO received overwhelming response from investors as the issue was subscribed nearly 188 times. This strong demand was led by non-institutional investors and institutional investors, even though retail investors were not too far behind.

The share allotment for Stallion India Fluorochemicals will be available for investors late on Tuesday. Investors can check the Laxmi Dental IPO allotment status through BSE and also via the registrar's website.

Firstly, here's how you check Stallion India Fluorochemicals IPO allotment on BSE

Step 1: Visit the BSE Website (https://www.bseindia.com/investors/appli_check.aspx)

Step 2: Please select the issue name, that is the company's name in the drop down.

Step 3: Enter the application number or PAN number to check the allotment status.

Check Stallion India Fluorochemicals IPO allotment through Bigshare Services

Step 1: Visit the Bigshare Services website (https://www.bigshareonline.com/ipo_Allotment.html)

Step 2: Select Stallion India Fluorochemicals IPO

Step 3: Enter the PAN details and click search to know the status

Check Stallion India Fluorochemicals GMP on allotment day

Stallion India Fluorochemicals GMP is around Rs 42 on the allotment day. If the current trends sustain, the stock is expected to see a premium of 47% over the issue price on listing which is scheduled on January 23.
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Stallion India Fluorochemicals IPO details

Most analysts were bullish on the IPO as the company is an important player in the fluorochemicals industry with a market share of 10%. This keeps the company in pole position and capitalises on the opportunities in the long run.

Funds raised from the IPO will mainly be used for working capital, capital expenditure requirements and other general corporate purposes.

Incorporated in 2002, Stallion India Fluorochemicals is engaged in the business of selling refrigerant and industrial gases and related products. Its primary business includes debulking, blending and processing refrigerant and industrial gases, and selling of pre-filled cans and small cylinders/containers.

The market for fluorochemicals and specialty gases has been growing and is further forecasted to grow at a CAGR of 10.3%, from $1096 million in 2024 to $1622 in 2028. The growth is mainly backed by the growing population and rapid urbanisation. By application, the automotive industry is the leading user segment for fluorochemicals.

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