Contents
- 1 Table of Contents
- 2 Storage Technologies & Automation IPO Dates and Details (Racks & Rollers)
- 3 Storage Technologies & Automation Limited IPO Dates (Expected)
- 4 Storage Technologies & Automation Limited IPO Lot Size For Retails, QBIs and HNIs
- 5 Storage Technologies & Automation Limited Promoters holding or Owners Holdings
- 6 Storage Technologies & Automation IPO GMP (Gray Market Premium) day-by-day
- 7 Storage Technologies & Automation IPO Allotment Status
- 8 Know About Storage Technologies & Automation Limited
- 9 Objects of the Issue
- 10 Storage Technologies & Automation Limited Financial Status (Restated)
- 11 Key Performance Indicator (KPI) of Storage Technologies & Automation Limited
- 12 Storage Technologies & Automation Limited IPO Registrar
- 13 Storage Technologies & Automation Limited IPO Book Running Lead Manager
- 14 Storage Technologies & Automation Limited Contact
- 15 Storage Technologies & Automation IPO Review
- 16 How To Apply Storage Technologies & Automation IPO (Racks & Rollers IPO)
- 17 FAQs
- 17.1 What is the IPO date for Storage Technologies & Automation Ltd?
- 17.2 Where will the IPO be listed?
- 17.3 What is the price range for the Storage Technologies & Automation IPO shares?
- 17.4 How can I apply for the Storage Technologies & Automation Ltd IPO?
- 17.5 What are the financial highlights of Storage Technologies & Automation Ltd?
- 17.6 Where can I check the allotment status of the IPO?
Storage Technologies & Automation IPO (Racks & Rollers IPO): The date for the IPO has been set. It will open on April 30, 2024, and close on May 3, 2024. Storage Technologies & Automation IPO going to be listed on BSE SME.
aims to raise Rs. Rs 2995 Lakhs through 38,40,000 lakh shares. The IPO price band of Storage Technologies & Automation Limited IPO is ₹73 to ₹78 per share, and the Storage Technologies & Automation IPO GMP is ₹35.
Table of Contents
Storage Technologies & Automation IPO Dates and Details (Racks & Rollers)
| Storage Technologies & Automation Limited IPO or Racks & Rollers IPO | |
| Open Date | 30th April 2024 |
| Close Date | 3rd May 2024 |
| Listing Date | 8th May 2024 [Expected] |
| IPO Size | Rs 2995 Lakhs through 38,40,000 lakh shares |
| Face Value | ₹10 per share |
| IPO Price Band | ₹73 to ₹78 per share |
| IPO Listing on | BSE SME |
| Lot Size | 1600 Shares |
| OFS | Not Applicable |
| Retail Quota | 35%of the total issue share |
| QBI | 50% of the total issue share |
| HNI | 15% of the total issue share |
Storage Technologies & Automation Limited IPO Dates (Expected)
- IPO Open Date: 30th April 2024
- IPO Close Date: 3rd May 2024
- Basis of Allotment: 6th May 2024
- Initiation of Refunds: 7th May 2024
- The credit of Shares to Demat: 7th May 2024
- Listing Date: 8th May 2024
- UPI mandate confirmation: 5 PM on 3rd May 2024
Storage Technologies & Automation Limited IPO Lot Size For Retails, QBIs and HNIs
| Applicants | Lot Size (Min & Max) | Share | Amount |
| Retail | 1 Lot (Min) 1 lot (Max) | 1600 | ₹124800 Max |
| S-HNI | 2 Lot Min. | 3200 | ₹249,600 Min |
| B-HNI | 2 Lots (Min) | 3200 | ₹249,600 Min |
Storage Technologies & Automation Limited Promoters holding or Owners Holdings
Storage Technologies & Automation Limited promoters are
- Mr. Khasim Sait
- Mr. Mohammad Arif Abdul Gaffar Dor
- Mr. Hanif A Khatri
- Mr. Syed Azeem
- Mr. Afzal Hussain
- Mr. Nuumaan Khasim
And holds share on pree issue 100%
Storage Technologies & Automation IPO GMP (Gray Market Premium) day-by-day
| Date | GMP | IPO Price | Estimate Listing Price | Update On |
| 01/05/2024 | ₹35 | ₹78 | ₹113 | 01/05/2024 15:40 |
| 30/04/2024 | ₹18 | ₹78 | ₹96 | 30/04/2024 09:40 |
| 29/04/2024 | ₹9 | ₹78 | ₹87 | 29/04/2024 20:00 |
| 28/04/2024 | ₹0 | ₹78 | ₹78 | 28/04/2024 20:00 |
| 27/04/2024 | ₹0 | ₹78 | ₹78 | 27/04/2024 20:00 |
| 26/04/2024 | ₹0 | ₹78 | ₹78 | 26/04/2024 20:00 |
| 25/04/2024 | ₹0 | ₹78 | ₹78 | 25/04/2024 20:00 |
| 24/04/2024 | ₹0 | ₹78 | ₹78 | 24/04/2024 20:00 |
To see Storage Technologies & Automation IPO live subscription status please visit our IPO Subscription Status Live section on the menu.
Storage Technologies & Automation IPO Allotment Status
Storage Technologies & Automation Limited IPO allotment expected date is 6th May 2024. To check the allotment status follow the passage.
To check Storage Technologies & Automation Limited IPO Allotment Visit the link Integrated Registry Management Services Private Limited select IPO Name enter your Application No or PAN no then click on submit. Now you can see the allotment status.
Know About Storage Technologies & Automation Limited
Storage Technologies & Automation Ltd was established in October 2010, specializing in storage racking systems. They create and install metal storage racks, automated warehouses, and other storage solutions for various industries like oil & gas, automotive, aerospace, food & beverages, pharmaceuticals, textiles, retail, and FMCG.
Their manufacturing facilities span approximately 56,250 square feet in Bangalore, supplemented by 20,000 square feet of storage space.
With over 2500 projects completed and 900 satisfied customers worldwide, Storage Technologies & Automation Ltd has made its mark. Their global presence extends to more than 30 countries.
For More Details please see – Storage Technologies & Automation IPO DRHP
Objects of the Issue
- To meet Working Capital requirements
- General Corporate Purpose
Storage Technologies & Automation Limited Financial Status (Restated)
| Particulars | For the Period / Year ended on (₹ in Lakhs) | |||
| 31st October, 2023 | 31st March, 2023 | 31st March, 2022 | 31st March, 2021 | |
| Liabilities | 6,375.77 | 4,004.01 | 3,567.70 | 3,113.04 |
| Assets | 6,375.77 | 4,004.01 | 3,567.70 | 3,567.70 |
| Revenue | 5,317.09 | 8,137.12 | 6,989.72 | 4,852.38 |
| PAT (Profit After Tax) | 358.91 | 48.30 | – 20.49 | 118.42 |
| Total Borrowing | 1,632.53 | 931.63 | 871.10 | 347.48 |
Key Performance Indicator (KPI) of Storage Technologies & Automation Limited
| Particulars | As of 31 October 2023 |
| EBITDA | 706.93 Lakh or 13.36% |
| PAT Margin (in %) | 6.78% |
| RoCE (in %) | 22.52% |
| RoE (%) | 46.37% |
| EPS | 11.96 per share pre-issue & post-issue 11.96 |
| PE Ratio | – |
Peer Group
Alphalogic Industries Limited
Storage Technologies & Automation Limited IPO Registrar
Integrated Registry Management Services Private Limited
Phone: + 91 44 2814 0801 / 803
Email: giri@integratedindia.in
Website: https://www.integratedindia.in/corporate-container.aspx?cpi
Storage Technologies & Automation Limited IPO Book Running Lead Manager
Oneview Corporate Advisors Private Limited
Email: mbd@oneviewadvisors.com
Tel. No: +91- 22- 43472247
Storage Technologies & Automation Limited Contact
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/
Storage Technologies & Automation IPO Review
Update Soon
How To Apply Storage Technologies & Automation IPO (Racks & Rollers IPO)
To apply for the Racks & Rollers IPO online, you have two payment options: UPI or ASBA. Here’s how you can do it through various platforms:
- Zerodha, Dhan, Upstock, etc.: These brokers offer UPI IPO applications. You can apply for the IPO through their respective platforms by selecting the Racks & Rollers IPO and completing the application process using UPI as the payment method.
- ICICI Bank, HDFC Bank, and SBI Bank: These banks provide ASBA IPO applications. You can apply for the IPO through their net banking portals. Simply log in to your bank account, navigate to the IPO section, select the Racks & Rollers IPO, and fill out the application form, specifying the bid quantity and price. Then, submit the application using ASBA as the payment method.
- Nuvama: Nuvama likely offers UPI IPO applications similar to other brokers. You can apply for the Racks & Rollers IPO through their platform by following the instructions provided for UPI payments during the application process.
FAQs
What is the IPO date for Storage Technologies & Automation Ltd?
The IPO is scheduled to open on April 30, 2024, and close on May 3, 2024.
Where will the IPO be listed?
The IPO will be listed on BSE SME. (Racks & Rollers IPO)
The IPO price band is set between ₹73 to ₹78 per share.
How can I apply for the Storage Technologies & Automation Ltd IPO?
You can apply through the UPI method via brokers like Zerodha, Upstox, or Dhan etc., or through the ASBA method via banks like ICICI Bank, HDFC Bank, and SBI Bank. Nuvama likely offers UPI IPO applications as well.
What are the financial highlights of Storage Technologies & Automation Ltd?
As of October 31, 2023, the company reported revenues of ₹5,317.09 Lakhs and a PAT (Profit After Tax) of ₹358.91 Lakhs.
Where can I check the allotment status of the IPO?
The allotment status can be checked on the Integrated Registry Management Services Private Limited website by entering your Application No or PAN no.
