Stallion India Fluorochemicals Limited is engaged in the business of selling Refrigerant and Industrial Gases and related products. The company’s primary business includes debulking, blending and processing Refrigerant and Industrial gases, and selling of pre-filled cans and small Cylinders/ Containers.

The company has four Plants in Khalapur, Raigad (Maharashtra), Ghiloth, Alwar (Rajasthan), Manesar, Gurugram (Haryana) and Panvel, Raigad (Maharashtra). Stallion India Fluorochemicals Limited (Stallion) deals in gases that are broadly classified as Fluorochemicals. They are majorly used as refrigerants. Stallion’s products such as gases are used in various industries, including semiconductor manufacturing, automotive, electronics, pharmaceuticals, healthcare

For the year/period ended (Rs. in Cr.)

For year/ period ended ( in Cr.)

• Operating and financial performance and growth
• Customer base across high growth industries and long-standing relationships with customers;
• Blending facilities in different states, value and supply chain efficiencies;
• Professional management and experienced leadership of its Promoter i.e. Shazad Sheriar Rustomj

1. Funding incremental working capital requirements of the Company.
2. Funding capital expenditure requirements for our Semi-conductor & Specialty Gas debulking & blending facility (“Khalapur, Maharashtra”).
3. Funding capital expenditure requirements for our Refrigerant debulking & blending facility (“Mambattu, Andhra Pradesh”).
4. General Corporate Purposes.

The company is engaged in the business of variety of refrigerant and industrial gases. It has created a niche place in the segment with quality and economical products. Based on its recent financial performance, the issue appears reasonably priced. Hence, Investors subscribe this issue for medium to long term.