Stallion India IPO concluded with a whopping 188 times subscription to its Rs 199.45-crore issue in the primary market.
The refrigerants supplier Stallion India Fluorochemicals Ltd had a price band of Rs 85-90 per share for its initial public offering (IPO) on a fresh issue of 1.78 crore equity shares and an offer-for-sale (OFS) component of 43.02 lakh shares. At the upper end of the price band, the IPO is pegged at Rs 199.45 crore.
Those who subscribed to the maiden share sale by Stallion India can check their allotment status on the official website of the registrar, Bigshare Services Pvt Ltd, using their application number or PAN details. The IPO allotment status can also be checked on the BSE and NSE websites.
Stallion India IPO allotment date today: Steps to check share allotment status on Bigshare Services
Step 1: Open the direct link to the registrar. (https://ipo1.bigshareonline.com/IPO_Status.html).
Step 2: Select the company from the dropdown menu.
Step 3: Investors can check the allotment status by filling in details like PAN, Application number or DP client ID.
Step 4: Press the Submit button
Step 5: The allotment status will be shown in the window.
Stallion India IPO allotment status check on NSE
Step 1: Open the website of NSE by clicking on this direct link (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
Step 2: Register by signing up using your details and then Submit.
Step 3: Select 'Stallion India'
Step 4: Investors can check the allotment status by filling in details like their IPO Application number.
Step 5: Press the Submit button
Step 6: The allotment status will be shown in the window.
Stallion India IPO allotment status check on direct link of BSE
Step 1: Open the website of Bombay Stock Exchange (BSE).
Step 2: Click on 'Investors' option.
Step 3: On the 'Investor Services' dropdown, click on 'Status of Issue Application'.
Step 4: Click on 'Application Status Check'.
Step 5: Select Equity in the issue type.
Step 6: Fill in the required details including the 'Issue Name'.
Step 7: Enter PAN number and click on Search to view the status
Stallion India IPO GMP Today Price
According to market observers, Stallion India shares are commanding a GMP of nearly 50 percent in the unofficial market. Investorgain quoted a GMP of Rs 42 for the shares of the company, translating to a potential listing premium of 46.67 percent. However, the final price may differ on the listing day.
Stallion India shares will be listed on the exchanges on January 23. The proceeds from the issue will be used towards funding working capital requirements, capital expenditure for its proposed facilities in Maharashtra and Andhra Pradesh, and general corporate purposes.
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