Storage Technologies & Automation Ltd IPO

BSE SME

Listed On: May 8, 2024 at ₹ 148.2

₹ 124800 /1600 Shares

Check Allotment

Storage Technologies & Automation Ltd IPO Details

30 Apr, 2024

Open Date

03 May, 2024

Close Date

06 May, 2024

Allotment Date

08 May, 2024

Listing Date

Issue Price

₹73-78 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Integrated Registry Management Services Private Limited

List Price

148.2

Listing Date

2024-05-08

Market Lot

1600 Shares (₹124,800/-)

Lead Manager

Oneview Corporate Advisors Private Limited

Issue Size

3,840,000 shares(aggregating up to ₹29.95 Cr)

Retail Portion

35%

Subscription

258.61 times

IPO Docs

DRHP

Storage Technologies & Automation Ltd IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	728,000 / 747,200	1,275,200	2,750,400
Day 1 - 30-04-24 06:00 PM	0.02 / 2.23 x	5.00 x	2.98 x
Day 2 - 02-05-24 06:00 PM	0.12 / 27.92 x	48.25 x	29.99 x
Day 2 - 03-05-24 06:00 PM	117.86 / 422.84 x	242.74 x	258.61 x

Total No. of Applications: 2,68,741 (Approx)

Storage Technologies & Automation Ltd Valuations

EPS Pre IPO

₹11.96/-

EPS Post IPO

₹/-

P/E Pre IPO

48.45

P/E Post IPO

RoNW

37.64%

Storage Technologies & Automation Ltd Company Financials All values are in ₹ Lakh

	31-Oct-23	31-Mar-23	31-Mar-22
Assets	6,375.77	4,004.01	3,567.70
Revenue	5,317.09	8,137.12	6,989.72
Profit After Tax	358.91	48.30	-20.49

About The Company

Founded in October 2010, Storage Technologies and Automation Limited is engaged in storage racking systems.

The company manufactures and installs metal storage racks, automated warehouses, and other storage solutions. The company provides storage solutions for various industries, including oil & gas, automotive, aerospace, food & beverages, pharmaceuticals, textiles, retail, and FMCG.

The company is an ISO 9001:2015 certified storage solution manufacturing company.

The company's manufacturing process is supported by approximately 56,250 square feet of space in Bangalore and 20,000 square feet of storage space.

To date, the company has executed more than 2500 projects and has served more than 900 customers worldwide.

The company has a presence in over 30 countries across the globe.

As of October 31, 2023, the company has a total of 166 permanent employees and 94 contracted employees.

Storage Technologies & Automation Ltd - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: %

Company Promoter(s)

Mr. Khasim Sait, Mr. Mohammad Arif Abdul Gaffar Dor, Mr. Hanif A Khatri, Mr. Syed Azeem, Mr. Afzal Hussain and Mr. Nuumaan Khasim

Storage Technologies & Automation Ltd IPO - Issue Objectives

To meet Working Capital requirements
General Corporate Purpose

Other Details

Company Contact Details

Storage Technologies & Automation Ltd

No 10, Survey No 21/6A, 21/7A, 21/7B and 21/8 Singanayakanahalli, Yelahanka, Bangalore, Bangalore-560064,

Phone: +91 98444 86300

Email: cs@racksandrollers.com

Website: https://racksandrollers.com/

Registrar Contact Details

Integrated Registry Management Services Private Limited

Phone: + 91 44 2814 0801 to 803

Email: giri@integratedindia.in

Website: https://www.integratedindia.in/corporate-container.aspx?cpi

Storage Technologies & Automation Ltd IPO - FAQs

Ans. Storage Technologies & Automation Ltd IPO is a SME IPO. The issue is priced at ₹73-78 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Apr 30, 2024, and closes on May 3, 2024. Integrated Registry Management Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Storage Technologies & Automation Ltd IPO opens on Apr 30, 2024 and closes on May 3, 2024.

Ans. The size of Storage Technologies & Automation Ltd IPO is 3,840,000 shares(aggregating up to ₹29.95 Cr).

Ans. The IPO price band is set between ₹73-78 per equity share.

Ans. To apply for Storage Technologies & Automation Ltd IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Storage Technologies & Automation Ltd IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Storage Technologies & Automation Ltd IPO is May 6, 2024.

Ans. The Storage Technologies & Automation Ltd IPO will be listed on May 8, 2024.

Ans. Follow the steps to check the allotment status for Storage Technologies & Automation Ltd IPO here.