Stallion India Fluorochemicals IPO Day 1 Live Updates: Issue opens today. Check GMP, subscription status, review, more

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₹199.45 crore, which will be available for trading on both the BSE and NSE platforms. On January 15, just a day prior to the IPO opening, the company secured ₹59.83 crore from six institutional investors through its anchor book.

The IPO consists of 2,21,61,396 equity shares with a face value of ₹10 each, priced between ₹85 and ₹90 per share. The proceeds from the IPO will be used to support increased working capital needs, fund capital expenditures for its semiconductor and specialty gas debulking and blending facility in Khalapur, Maharashtra, finance capital expenditures for its refrigerant debulking and blending facility in Mambattu, Andhra Pradesh, and cover general corporate expenses.

Sarthi Capital Advisors Private Limited serves as the Book Running Lead Manager for the issue, while Bigshare Services Private Limited acts as the Registrar to the issue.Stay tuned for more updates On January 15, one day prior to the commencement of the issue, this company raised ₹59.83 crore through the anchor book from six institutional investors. Saint Capital Fund, Ashika Global Securities, Craft Emerging Market Fund, Mint Focused Growth Fund, Ashika India Select Fund, and Leading Light Fund were the six anchor investors that took part in the anchor book.Stallion India IPO GMP today or grey market premium is +48.