The bidding for Stallion India Fluorochemicals Limited’s IPO began on January 16, 2025, and will remain open until 5:00 PM on January 20, 2025. The company plans to list its shares on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). With a price band of ₹85 to ₹90 per share, the IPO aims to raise ₹199.45 crore through a combination of fresh shares and an Offer for Sale (OFS).
The Grey Market Premium (GMP) for the Stallion India Fluorochemicals IPO is a hot topic among investors. As of today, the IPO’s GMP is ₹40, unchanged from Friday, indicating strong market confidence. Despite current bearish trends in the Indian stock market, the GMP stability is seen as a positive sign. Market experts believe the GMP could improve further if the stock market sentiment becomes favorable.
Subscription Status
The IPO has received a huge response from investors. After two days of bidding, the public issue was subscribed 32.12 times, reflecting strong demand:
- Retail investors: Subscribed 31.03 times
- Non-Institutional Investors (NII): Subscribed 77.08 times
- Qualified Institutional Buyers (QIB): Subscribed 31%
These figures show that investors from all categories are showing great interest in the IPO.
IPO Key Dates
- Allotment Date: Likely on January 21, 2025
- Listing Date: Expected on January 23, 2025
While the Stallion India Fluorochemicals IPO shows strong demand and positive signals, it is important to remember that IPO investments come with risks. Investors should assess their risk tolerance and ensure their portfolios are well-diversified. Seeking advice from a financial expert is always a good idea when making investment decisions.
