The much-awaited Stallion India Fluorochemicals IPO allotment process has been finalized. Investors who participated in this IPO can now check their allotment status through online platforms such as the BSE, NSE, and the IPO registrar’s website, Bigshare Services Pvt Ltd.
IPO Allotment Details
The Stallion India Fluorochemicals IPO was open for subscription from January 16 to January 20, 2025, and received an incredible response from investors. The IPO was oversubscribed by 188.38 times, with various categories showing high demand:
- Retail Investors: 96.90 times
- Non-Institutional Investors (NII): 422.42 times
- Qualified Institutional Buyers (QIB): 172.93 times
The company raised ₹199.45 crore through a mix of fresh equity and an offer for sale. The IPO price band was set at ₹85 to ₹90 per share.
How to Check Allotment Status
Investors can easily check their Stallion India Fluorochemicals IPO allotment status by following these steps:
On the BSE Website:
- Visit the BSE IPO status page.
- Select ‘Equity’ in the issue type.
- Choose ‘Stallion India Fluorochemicals Limited’ in the dropdown menu.
- Enter your Application Number or PAN.
- Complete the CAPTCHA verification and click on ‘Search’.
The status of your allotment will appear on the screen.
On Bigshare Services Website:
- Go to the Bigshare IPO allotment page.
- Choose ‘Stallion India Fluorochemicals Limited’ from the dropdown.
- Select your identifier (Application Number, PAN, or Beneficiary ID).
- Enter the required details and CAPTCHA.
- Click ‘Search’ to view your status.
In the grey market, Stallion India Fluorochemicals shares have been performing well, with a GMP of ₹48 per share. This means the shares are trading at a premium of 53% over the issue price of ₹90, indicating high investor confidence.
Listing Date
The shares of Stallion India Fluorochemicals are expected to be listed on January 23, 2025, on both the BSE and NSE.
For investors who were not allotted shares, the refund process has already begun. The company will credit shares to successful applicants’ demat accounts and initiate refunds for others simultaneously.
The Stallion India Fluorochemicals IPO has been a tremendous success, with overwhelming demand across investor categories. Those interested in tracking their allotment status can do so through the platforms mentioned above. The upcoming listing on January 23, 2025, is highly anticipated, especially given the strong GMP performance. While IPOs can be an exciting investment opportunity, it is essential to research thoroughly before investing in any IPO.
This IPO highlights the growing investor interest in the Indian stock market and offers valuable insights for those keen on participating in future public issues.
