Stallion India Fluorochemicals IPO – Review

Stallion India Fluorochemicals Limited – which is in the business of selling Refrigerant gases and Industrial Gases and related products is planning to raise INR 199.45 Crore via IPO [Fresh Issue 160.73 Crore + OFS 38.72 Crore]

Stallion india fluorochemicals ltd ipo price is INR 85 – 90 per share

 

Stallion india fluorochemicals: History

Incorporated in 2002, Stallion India Fluorochemicals Ltd (also known as Stallion) is a Mumbai-based company founded by “Shazad Sheriar Rustomji” with the objective to establishing a company as a reliable supplier of refrigerants and various gases.

 

Stallion india fluorochemicals: Business

Stallion deals in gases broadly classified as Fluorochemicals. They are mainly used as refrigerants.

Stallion’s products such as gases are used in various industries, including

  • Automotive,
  • Electronics,
  • Fire extinguishers,
  • Glass bottle making,
  • Healthcare,
  • Pharmaceuticals,
  • Semiconductor manufacturing,
  • Spray foam,
  • Aerosol production

The Company’s business consists of debulking, blending, and processing of refrigerant and Industrial gases and selling pre-filled cans.

With nearly 2 decades of extensive experience in large-scale Fluorochemicals debulking bottling & distribution, the company specialize in manufacturing refrigerants and other gases by blending 2 or more gases to create new formulations.

Primarily these gases fall in the categories Known as:

  • HC (Hydrocarbons)
  • HFC’s (Hydrofluorocarbons)
  • HFO’s (Hydrofluoroolefins)

 

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Stallion India Fluorochemicals

 

Product List

Stallion india fluorochemicals ltd products include –

  1. Equipment & Spares for AC&R Industry​
  2. Refrigerants & Fluorines
  3. Semiconductor, Electronics & Specialty Gases
  4. Consumer CANS Refrigerants, Paints

 

Operating Facilities

The company has 4 operating plants –

  1. Khalapur, Raigad (Maharashtra)
  2. Ghiloth, Alwar (Rajasthan)
  3. Manesar, Gurugram (Haryana)
  4. Panvel, Raigad (Maharashtra)

 

Company Strengths

  • Strong Market recognition
  • Business model with visibility of cash flows and ability to mitigate operational risk
  • Diversified client base across high-growth industries
  • Strategically located Plants
  • Track record of consistent and strong financial performance
  • Experienced Promoter and Key Managerial Personnel

 

Company Promoters

  1. Shazad Sheriar Rustomji,
  2. Manisha Shazad Rustomji,
  3. Rohan Shazad Rustomji

 

IPO Details

Stallion india ipo date = 16 Jan to 20 Jan 2025

Minimum Amount = INR 14,850

Face Value (FV) = INR 10

Minimum Bid = 165 Shares

Listing On = NSE, BSE

 

Book Running Lead Managers

Sarthi Capital Advisors Private Limited

 

FINANCIALS

CONCLUSION

FinBlab recommends SUBSCRIBE ratings on Stallion india fluorochemicals ipo

 


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