Stallion India Fluorochemicals Share Price Live Updates: GMP, experts signal healthy return upon listing. Check details

livemint.com:

₹85-90 per share for its initial public offering (IPO).Stallion India IPO consists of a fresh issuance of 1.78 crore equity shares along with an offer-for-sale (OFS) of 43.02 lakh shares from promoter Shazad Sheriar Rustomji.The funds raised from this offering will be utilized for working capital needs, capital expenditures for the company’s planned facilities in Maharashtra and Andhra Pradesh, and other general corporate purposes.Sarthi Capital Advisors serves as the sole book-running lead manager, while Bigshare Services acts as the registrar for the issue.Stay tuned for more updatesStallion India IPO GMP today or grey market premium is +35. This indicates Stallion India share price were trading at a premium of ₹35 in the grey market, according to investorgain.com.Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Stallion India share price was indicated at ₹125 apiece, which is 38.89% higher than the IPO price of ₹90.'Grey market premium' indicates investors' readiness to pay more than the issue price.Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!