SOURCE : NEW18 NEWS
Last Updated:January 20, 2025, 17:46 IST
As the Stallion India Fluorochemicals IPO closes on Monday, the share allotment will be finalised on Tuesday. Here’s the final subscription status, GMP and a step-by-step guide to check the allotment status.
Stallion India Fluorochemicals IPO.
Stallion India Fluorochemicals IPO: The initial public offer (IPO) of Stallion India Fluorochemicals Ltd, which has been closed at 5 pm on Monday, has received over 188.29 times subscription. The price band of the Rs 199.45-crore IPO was fixed at Rs 85 to 90 apiece. On the second day of bidding on Friday, the IPO got a 188.29 times subscription receiving bids for 2,92,09,16,790 shares against 1,55,12,978 shares on offer.
The quota for retail investors got subscribed by 96.76 times. The non-institutional investors (NII) portion received a 422.33 times subscription. The QIB category has been subscribed by 172.93 times.
related stories
The IPO was opend for public subscription on January 16 (Thursday).
It received a 7.16 times subscription on Day 1 and a 32.23 subscription on Day 2.
The Stallion India Fluorochemicals IPO allotment will take place on Tuesday. Investors can check the allotment status on Tuesday on the websites of the BSE and NSE as well as on registrar Bigshare Services’ portal.
The listing is scheduled to take place on January 23 on both BSE and NSE.
Stallion India IPO GMP Today
According to market observers, unlisted shares of Stallion India Fluorochemicals Ltd are currently trading at Rs 132 apiece in the grey market, which is a 46.67 per cent premium over the upper IPO price of Rs 90. It indicates a strong listing gain for investors on January 23.
Stallion India Fluorochemicals IPO: How To Check Allotment Status?
The Stallion India Fluorochemicals IPO allotment will take place on Tuesday, January 21. The IPO allotment status can be checked online by following these steps:
1) Go to the official BSE website via the URL — https://www.bseindia.com/investors/appli_check.aspx.
2) Under ‘Issue Type’, select ‘Equity’.
3) Under ‘Issue Name’, select ‘Stallion India Fluorochemicals Ltd’ in the dropbox.
4) Enter your application number, or the Permanent Account Number (PAN).
5) Then, click on the ‘I am not a robot’ to verify yourself and hit the ‘Search’ option.
Your share application status will appear on your screen.
You can also visit direct Bigshare Services Pvt Ltd’s portal — https://www.bigshareonline.com/ipo_allotment.html and check the Stallion India Fluorochemicals IPO allotment status.
