The much-anticipated Stallion India IPO allotment status is now live, as per the timeline mentioned in the red herring prospectus (RHP). After an extraordinary subscription of 188.38 times, investors are keen to see how the allotment unfolds and what lies ahead for this promising IPO. Here’s a detailed look at what investors can expect, including the grey market premium (GMP), subscription details, and how to check the allotment status.
Key Highlights of Stallion India IPO
- Allotment Date: January 21, 2025
- Listing Date: January 23, 2025
- Grey Market Premium (GMP): ₹45, suggesting a potential listing price of ₹135
- Total Bids Received: ₹37,572 crore
- Subscription Rate: 188.38 times
Strong Investor Interest and Impressive Subscription
The Stallion India IPO garnered overwhelming interest, reflecting strong investor confidence. Here’s a breakdown of the subscription figures:
| Investor Category | Subscription Rate |
|---|---|
| Non-Institutional Investors (NIIs) | 422.42x |
| Retail Individual Investors (RIIs) | 96.90x |
| Qualified Institutional Buyers (QIBs) | 172.93x |
The IPO saw bids for approximately 2.92 billion shares, compared to the 1.55 crore shares available, showcasing its popularity across all investor categories.
Grey Market Premium (GMP) Insights
The GMP for Stallion India IPO has surged to ₹45, indicating robust demand in the grey market. This suggests a potential listing gain of approximately 50% for investors. Based on this, the expected listing price could hover around ₹135, significantly higher than the issue price of ₹90 per share.
This positive GMP reflects strong market sentiment, driven by Stallion India’s growth prospects and its leadership in the fluorochemicals sector.
How to Check Stallion India IPO Allotment Status
Investors can verify their allotment status through various methods. Here’s a step-by-step guide for each option:
1. Registrar’s Website
The issue registrar, Bigshare Services, provides an efficient way to check allotment status. Follow these steps:
- Visit the Bigshare Services website.
- Select “Stallion India IPO” from the list.
- Enter any of the following:
- PAN
- IPO Application Number
- Demat Account Number (NSDL/CDSL)
- Click “Submit” to view your allotment status.
Note: Registrar websites may experience heavy traffic on allotment days. Be patient and try again if the site loads slowly.
2. BSE Website
The Bombay Stock Exchange (BSE) also offers an option to check IPO allotment. Here’s how:
- Visit the BSE IPO Allotment page.
- Select “Equity” and choose “Stallion India IPO.”
- Enter your Application Number and PAN.
- Click “Search” to view your status.
The BSE website ensures minimal technical issues, making it a reliable alternative.
3. Bank Account Debit/Removal of Lien
If your IPO application is successful, the application amount (₹14,850 per lot) will be debited from your bank account. Alternatively, if the application is unsuccessful, the lien amount will be released, and the balance will reflect accordingly.
4. Credit of Shares in Demat Account
Check your demat account for credit of shares. However, this method may take longer as shares are often credited on the listing day itself.
What’s Next for Stallion India?
Stallion India’s strong market performance during the IPO phase has set high expectations for its listing. The company’s leadership in the fluorochemicals industry, along with robust financials, has attracted significant interest from institutional and retail investors alike.
FAQs: Stallion India IPO
1. When is the Stallion India IPO allotment date?
The IPO allotment date is January 21, 2025, as per the RHP.
2. How can I check the Stallion India IPO allotment status?
You can check the allotment status on the registrar’s website (Bigshare Services), the BSE website, or by monitoring your bank account and demat account.
3. What is the GMP for Stallion India IPO?
The grey market premium is approximately ₹45, suggesting a potential listing price of ₹135.
4. When will Stallion India IPO shares be listed?
The shares are scheduled to list on January 23, 2025, on the BSE and NSE.
5. How successful was the Stallion India IPO subscription?
The IPO was subscribed 188.38 times, with NIIs leading the demand at 422.42 times.
Conclusion
The Stallion India IPO has set a benchmark with its overwhelming subscription and strong GMP performance. As the allotment status is unveiled, investors eagerly await the listing day, anticipating significant gains. Stay updated with the latest developments and ensure you follow the outlined steps to check your allotment status.
With Stallion India making a stellar debut, the IPO market continues to be an exciting avenue for investors in 2025.