31 Mar 2022
Assets98.01
Total Income186.34
Profit After Tax21.11
NET Worth60.94
Total Borrowing1.97
At a glance
Updated 2026-09-12The shares listed at ₹120.00, a 33.33% move from the issue price. Stallion India is a Mainboard IPO with an issue size of ₹199.45 crore, proposed for listing on BSE, NSE. The offer opens on 16th Jan 2025 and closes on 20th Jan 2025. The issue structure includes a fresh issue of ₹160.73 crore and an offer-for-sale component of ₹38.72 crore. The current listing schedule points to 23rd Jan 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹199.45 Cr
Fresh issue₹160.73 Cr
Offer for sale₹38.72 Cr
Face value₹10
Price band₹85.00–₹90.00
Allotment21st Jan 2025
Listing23rd Jan 2025
Listing performance
Full performance ↗Issue price₹90.00
Listing price₹120.00
Current price—
Listing gain33.33%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹35.00
GMP / upper price38.89%
Est. listing₹125.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens16th Jan 2025
Closes20th Jan 2025
Allotment21st Jan 2025
Refund22nd Jan 2025
Demat22nd Jan 2025
Listing23rd Jan 2025
Subscription demand
Full bidding ↗Total188.32×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 165 | ₹14,850 |
Company
Incorporated2002
Use of proceeds
| Object | Amount |
|---|---|
| Funding incremental working capital requirements of Company | ₹95.00 Cr |
| Funding capital expenditure requirements for Semi-conductor & Specialty Gas debulking & blending facility (Khalapur | ₹29.16 Cr |
| Funding capital expenditure requirements for Refrigerant debulking & blending facility (Mambattu | ₹21.18 Cr |
| General Corporate Purposes | ₹3.41 Cr |
| Issue Expenses | ₹14.88 Cr |
| Total | ₹163.62 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue141.53₹ Cr · -40.1% vs prior year
PAT16.57₹ Cr · +12.0% vs prior year
Assets235.69₹ Cr · +16.0% vs prior year
Net Worth134.53₹ Cr · +14.0% vs prior year
Borrowing81.05₹ Cr · +24.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets126.18
Total Income226.06
Profit After Tax9.75
NET Worth70.70
Total Borrowing18.27
31 Mar 2024
Assets203.14
Total Income236.23
Profit After Tax14.79
NET Worth117.96
Total Borrowing65.35
30 Sep 2024
Assets235.69
Total Income141.53
Profit After Tax16.57
NET Worth134.53
Total Borrowing81.05
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 12.54% |
| ROCE | 13.96% |
| Debt / Equity | 0.55% |
| RoNW | 12.54% |
| PAT Margin | 6.26% |
| Price to Book Value | 4.69 |
Valuation & shareholding
Pre-IPO EPS2.41
Post-IPO EPS4.18
Pre-IPO P/E37.41
Post-IPO P/E21.55
Promoter holding pre94.63%
Promoter holding post67.9%
Market cap₹713.93 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Stallion India Fluorochemicals IPO | — | 21.55 x | — | — |
| GSP Crop IPO | — | 9.18 x | — | — |
| Advance Agrolife IPO | — | 25.07 x | — | — |
| Gem Aromatics IPO | — | 31.80 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding incremental working capital requirements of Company | ₹95.00 Cr |
| Funding capital expenditure requirements for Semi-conductor & Specialty Gas debulking & blending facility (Khalapur | ₹29.16 Cr |
| Funding capital expenditure requirements for Refrigerant debulking & blending facility (Mambattu | ₹21.18 Cr |
| General Corporate Purposes | ₹3.41 Cr |
| Issue Expenses | ₹14.88 Cr |
| Total | ₹163.62 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Sarthi Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-12.
IPO UPDATE ALERTS
Register for IPO Updates →Track Stallion India without missing an update
Register for subscription, GMP, allotment and listing notifications.