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 Upda...