About Company

• The Company was incorporated as ‘Stallion India Fluorochemicals Pvt. Ltd’, at Mumbai on September 05, 2002. Subsequently, on conversion to Public Limited company, the name was changed to ‘Stallion India Fluorochemicals Ltd’ on October 05, 2023.
• The Company is in the business of selling Refrigerant and Industrial Gases and related products. The company’s primary business consists of debulking, blending and processing of Refrigerant and Industrial gases, selling of pre-filled cans and small Cylinders/ Containers.
• The gases sold by the company find applications in various industries/segments such as Air conditioners & Refrigerators, Fire Fighting, Semiconductor manufacturing, Automobile Manufacturing, Pharma and Medicals, Glass bottle manufacturing, Aerosols and Spray foam.
• The company deals in gases that are broadly classified as Fluorochemicals. Primarily these gases fall in the categories Known as: (i) HC (Hydrocarbons), (ii) HFC’ss (Hydrofluorocarbons) and (iii) HFO’s (Hydrofluoroolefins).
• The company plans to add value added products, in addition to its main products. Further to cater to the increasing demand from industries like Semiconductors, Electronics, Defence Manufacturing, Pharma Equipment, and others, the company is concentrating on adding more environmentally friendly gases like HFOs and specialty gases.
• The company sells its product under the brand name “Stallion”. The Company has been into the field for more than 2 decades and Promoters having experience of over 3 decades, have strong Market recognition in the refrigerant gases industry.
• The company has built long-term relationships and trust with its customers across industries, and it is well recognized for its product and quality. The combined Revenue contribution from the company's top 10 customers, on a standalone basis for the period ending on September 30, 2024, and for the FY 2024, 2023, and 2022, represented as 77.32%, 75.69%, 74.77%, and 72.88% respectively.
• The Company has been delivering consistent financial performance, despite the impact of the COVID-19 pandemic on its business operations. The company’s Revenues from Operations grew to ? 233.24 Cr in FY2024 from ? 185.88 Cr in FY2022.

Strengths

Competitive Strength 

• Strong Market recognition
• Business model and ability to mitigate operational risk
• Customer base across high growth industries and long-standing relationships with customers
• Plants
• Track record of consistent financial performance
• Experienced Promoter and Key Managerial Personnel

 Business Strategies 

• Geographical expansion and product optimization
• Trusted Choice for Quality, Innovation, and Growth
• Continuing focus on innovation and leveraging chemistries and technology absorption
• Customer Relationship Management

Company Promoters

Company Financials

Stallion India Fluorochemicals Limited Financial Information (Restated)

Objects of the Issue

The net proceeds of the Fresh Issue:

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.