Stallion India Fluorochemicals shares to list today. Here's what GMP indicates

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The shares of Stallion India Fluorochemicals will debut on the exchanges on Thursday. Ahead of the listing, the company's shares were trading with a GMP of Rs 39 in the grey market.

Considering the upper price band of Rs 90, the stock is expected to see a listing premium of 39% over the issue price.


However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stacked up in the unlisted market and are subject to change rapidly.

The IPO received robust response from investors with a subscription of nearly 188 times, driven by strong bidding from non-institutional investors.


The company plans to use the net proceeds from the IPO for working capital and capital expenditure requirements and other general corporate purposes.

Considering its financial track record, analysts say the company is suitable for medium to long-term investment.Also Read : Catch all Q3 Results 2025 Live Updates Here

Stallion India Fluorochemicals deals in gases that are broadly classified as Fluorochemicals. They are majorly used as refrigerants.

Also Read: Sebi plans pre-listing trading for IPOs. Will this wipe out grey market activity?

Its products such as gases are used in various industries, including semiconductor manufacturing, automotive, electronics, pharmaceuticals, healthcare, fire extinguishers, spray foam, glass bottle making, and aerosol production.

Read more: Catch all Stallion India Share Price Live Updates Here.

The increasing demand for fluorochemicals and specialty gases across various industries present a significant growth opportunity for market players.

Over the past three fiscal years, the company recorded total income of Rs 186 crore, Rs 226 crore and Rs 236 crore. In the first half of FY25, it reported a net profit of Rs 16.57 crore on a total income of Rs 141.53 crore.

The company’s average EPS over the past three years was Rs 2.50, with an average RoNW of 16.64%. The company was valued at a P/BV ratio of 4.11 based on a NAV of Rs 21.89 as of September 2024, and 2.42 based on the post-IPO NAV of Rs 37.22 per share.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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