IPO (initial public offering) of Stallion India Fluorochemicals has been concluded on Monday, January 20, 2025. The company is set to finalize the share allotment status on Tuesday, January 21. The IPO saw a massive overall subscription, reaching 188.38 times the available shares on its last day. As per the data, the issue received the bids for 2,92,22,89,425 shares, significantly exceeding the 1,55,12,978 shares on offer. Here’s how different groups subscribed:
- Qualified Institutional Bidders (QIBs): 172.93 times.
- Non-institutional investors (NIIs): 422.42 times.
- Retail investors: 96.90 times their allotted quota.
The company’s IPO started on January 16, 2025, and concluded on January 20, 2025. The company aimed to raise Rs 199.45 crore from this share sale. Furthermore, the minimum investment requirement was 165 shares. The company offered shares, with a price band of Rs 85 to Rs 90 apiece.
Stallion India IPO: GMP
In the grey market, Stallion India Fluorochemicals’ shares maintained a premium of Rs 48. Furthermore, this suggests a potential listing price of Rs 138, representing a massive 53% premium from the upper band of IPO price of Rs 90.
How To Check Allotment Status Online?
Registrar’s Website
- Go to the IPO allotment page of Bigshare Services: https://www.bigshareonline.com/ipo_Allotment.html.
Choose any one server from the 3 available.
Select ‘Stallion India Fluorochemicals Limited’.
Provide either application no, beneficiary ID or PAN.
Do the captcha verification and tab on the search.
BSE’s Website
- Go to the BSE’s IPO allotment portal: https://www.bseindia.com/investors/appli_check.aspx.
Choose the ‘Issue type’ as ‘Equity’.
Choose ‘Stallion India Fluorochemicals Ltd’ from the IPO names menu.
Provide the required details.
Do the captcha verification.
Tab on the ‘submit’ button.
NSE’s Website
- Jump on to the bid verification page of NSE.
New users need to register, while the existing users can log in directly.
Choose ‘Stallion India Fluorochemicals Limited’ from the dropdown menu.
Provide details such as application no and PAN.
Tab on submit.
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