Stallion India IPO (Stallion India Fluorochemicals Ltd IPO) was booked 188.38 per cent on the final day of subscription on January 20. The public issue received bids for more than 292.22 crore shares compared to the 1.55 crore shares on offer.
The subscription window of Stallion India IPO opened on January 16. Investors who have applied for the public issue are eagerly waiting for the allotment status to be finalised. Stallion India IPO share allotment status is likely to be finalised today January 21.
Stallion India IPO share allotment status can be checked on the official website of the registrar Bigshare Services Pvt. Ltd. The share allotment status of Stallion India IPO can also be checked on the BSE and NSE websites.
Steps to check Stallion India IPO share allotment status on NSE
● Go to the NSE IPO allotment status page through this link:
www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
● Type in your credentials such as username and password
(Note: First time users will need to create a fresh login ID to proceed)
● Choose ‘Stallion India Fluorochemicals Limited’ from the drop-down menu
● Enter your PAN details
● Enter the IPO application Number
● Select the ‘I am not a Robot’ checkbox
● Click the ‘Submit’ button
After following the steps mentioned above your share allotment status will be shown on your screen. However, investors must note that the allotment status will be shown only after the process has been completed.
Alternatively, the Stallion India IPO share allotment status can also be checked on the BSE website by entering the applicant’s PAN details and IPO application number.
Steps To Check Share Allotment Status On Bigshare Services
Go to the IPO allotment page of Bigshare Services- https://www.bigshareonline.com/ipo_Allotment.html
Select any server from the three links shown on the screen
Select 'Stallion India Fluorochemicals Limited'
Type in either application no, beneficiary ID or PAN no
Complete the captcha verification
Click on search
Your share allotment status will be shown on screen
Stallion India IPO: Subscription Details
Stallion India Fluorochemicals IPO’s retail portion was subscribed 96.9 per cent as investors placed bids for over 75.16 crore shares against the 77.56 lakh shares set aside for the category.
Non-Institutional Investors (NIIs) placed bids for over 140.42 crore shares against the 33.24 lakh shares set aside for the category, leading to a subscription of 422.42 per cent. The Qualified Institutional Buyers (QIBs) applied for 76.64 crore shares against the 44.32 lakh shares reserved for them.
Stallion India IPO Listing Date
After the finalisation of the share allotment status, Stallion India Ltd. will initiate refunds for the unsuccessful bidders on January 22. Successful bidders will receive shares of Stallion India Fluorochemicals Ltd in their demat accounts on January 22 as well. Shares of Stallion India Fluorochemicals Ltd will be listed on the NSE and BSE. The company’s shares are likely to make their debut on January 23.
Stallion India IPO Details
Stallion India IPO is worth Rs 199.45 crore and consists of a combination of a fresh issue of 1.79 crore shares aggregating to Rs 160.73 crore and an offer-for-sale of 43 lakh shares amounting to Rs 38.72 crore.
Stallion India's IPO price band was set at Rs 85 to Rs 90 per share. The minimum application size for retail investors was 1 lot or 165 shares, aggregating to an investment of Rs 14,850.
About Stallion India Fluorochemicals Ltd.
Stallion India Fluorochemicals Ltd. was incorporated in 2002. The company sells refrigerants, industrial gases and other related products. The company's primary business includes debulking, blending and processing refrigerant and industrial gases.
