India IPO
✅ CURRENT IPO
IPO UPDATES

Storage Technologies & Automation Limited IPO GMP, Date, Price Band & Review

Storage Technologies and Automation Limited IPO. Get key details on Storage Technologies and Automation Limited IPO, including issue size, price band, subscription dates, GMP, and listing updates.

IPO Details
Storage Technologies & Automation Limited IPO

Storage Technologies & Automation Limited IPO

Storage Technologies & Automation Limited IPO Details

DetailDescription
IPO DateApril 30, 2024 to May 3, 2024
Listing Date-
Face Value₹ 10 per share
Price Band₹ 73 to ₹ 78 per share
Lot Size1,600 Shares
Total Issue Size38,40,000 shares (aggregating up to ₹ 29.95 Cr)
Fresh Issue38,40,000 shares (aggregating up to ₹ 29.95 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Share holding pre issue90,00,000
Share holding post issue1,28,40,000
Market Maker portion2,00,000 shares

About Storage Technologies & Automation Limited IPO

Storage Technologies & Automation Ltd. is one of the most influential leaders and a coveted name in the Storage, Warehousing and Automation industry. Following their passion for developing state of the art, economically efficient storage systems for the past three decades, the company has gathered a pool of extensive experience, expert staff and valuable knowledge by challenging themselves with some of the most demanding projects across the world. Storage Technologies & Automation IPO is a book built issue of Rs 29.95 crores.

The issue is entirely a fresh issue of 38.4 lakh shares. Storage Technologies & Automation IPO price band is set at ₹73 to ₹78 per share. The minimum lot size for an application is 1600 Shares. Oneview Corporate Advisors Private Limited is the book running lead manager of the Storage Technologies & Automation IPO, while Integrated Registry Management Services Private Limited is the registrar for the issue. The market maker for Storage Technologies & Automation IPO is Nikunj Stock Brokers.

Storage Technologies & Automation Limited IPO Reservation
Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Storage Technologies & Automation Limited IPO Financial Information

Latest Revenue

5,317.09

₹ Crore

Profit After Tax

358.91

₹ Crore

Net Worth

953.52

₹ Crore

Total Borrowing

1,632.53

₹ Crore

Period EndedAssetsRevenue From OperationsProfit After TaxNet WorthTotal Borrowing
31 Oct 20236,375.775,317.09358.91953.521,632.53
31 Mar 20234,004.018,137.1248.30594.61931.63
31 Mar 20223,567.706,989.72-20.49546.31871.10
31 Mar 20213,113.044,852.38118.42566.81347.48
Amount in ₹ Crore

Storage Technologies & Automation Limited Key Performance Indicator

KPIValues
ROE46.37%
ROCE22.52%
RoNW37.64%
PAT Margin (%)6.78
Pre IPOPost IPO
EPS (Rs)--
P/E (x)11.9648.45

Frequently Asked Questions

The initial public offer (IPO) of Storage Technologies & Automation Ltd (Racks & Rollers) offers an early investment opportunity in Storage Technologies & Automation Ltd (Racks & Rollers). A stock market investor can buy Storage Technologies & Automation IPO shares by applying in IPO before Storage Technologies & Automation Ltd (Racks & Rollers) shares get listed at the stock exchanges. An investor could invest in Storage Technologies & Automation IPO for short term listing gain or a long term.
Storage Technologies & Automation IPO offers an opportunity to buy IPO shares before they get listed at the stock exchanges.
Our recommendation for Storage Technologies & Automation IPO is to subscribe for long term.
The Storage Technologies & Automation IPO allotment status will be available on or around May 6, 2024.
The Storage Technologies & Automation IPO list date is not yet available.
Published By
India IPO Editorial Team

The India IPO Publication is managed by an editorial team that includes highly experienced finance journalists, market researchers and professionals from the capital markets industry who strive to create high-quality content based on credible sources. Our editors write about IPOs, capital markets, corporate news, capital-raising strategies, regulations and other business matters to ensure our audience stays updated with the latest information. We conduct detailed research and fact-check all information before publishing any content to ensure credibility.

Competitive Strengths

1

Official Documents

Download regulatory filings

Storage Technologies & Automation Limited IPO Timeline

IPO Open DateFriday, May 3, 2024
IPO Close DateMonday, May 6, 2024
Basis of AllotmentTuesday, May 7, 2024
Initiation of RefundsTuesday, May 7, 2024
Credit of Shares to DematWednesday, May 8, 2024
Listing Date5 PM on May 3, 2024
Cut-off time for UPI mandate confirmation-

IPO Lot Size

InvestorsNo.of lotsShares OfferedMax Bid Amount
Retail (Min)11600₹124,800
Retail (Max)11600₹124,800
HNI (Min)23,200₹249,600
Storage Technologies and Automation Limited IPO Date, Price, GMP, Review, Detail