Storage Technologies And Automation

Storage Technologies And Automation Info

Details about the Storage Technologies And Automation IPO. Opening Date of Storage Technologies And Automation is 30 Apr 24 and Closing Date is 03 May 24 . Face Value of Each share of Storage Technologies And Automation is ₹10 per share. Price band of Storage Technologies And Automation is ₹73 to ₹78. The Lot size of Storage Technologies And Automation is 1,600 shares. Total issue size of Storage Technologies And Automation IPO is  ₹29.95 cr. Fresh Issue of Storage Technologies And Automation IPO is 29.95 cr. This is a Book Building IPO. Expected to list on BSE SME. Share Holding Pre Issue of Storage Technologies And Automation is 9,000,000. Share Holding Post Issue of Storage Technologies And Automation is 12,840,000.


Business Summary

Storage Technologies And Automation was incorporated in the year 2010 and is engaged in a storage racking system.

Storage Technologies And Automation is specialise in design, manufacturing, installation services of metal storage racks, automated warehouses and other storage solutions.

Company's range of products and services demonstrates their commitment to providing innovative, efficient solutions for diverse warehousing needs, catering to a wide range of industries each with its own specific storage and logistical requirements, which includes oil & gas, automotive components & aerospace, food & beverages and cold storage, pharmaceutical, textile, retail, FMCG and others.

Storage Technologies And Automation IPO Details
Open Date30 Apr 24
Close Date03 May 24
Face Value₹10 per shares
Price Band₹73 - ₹78
Lot Size1,600 Shares
Total issue Size3,840,000 Shares ₹29.95 cr
Fresh Issue3,840,000 Shares ₹29.95 cr
Issue Type Book Building
Listing AtBSE SME
Share Holding Pre Issue9,000,000
Share Holding Post Issue12,840,000
Market MakerNikunj Stock Brokers
Market Maker Portion200,000 Shares
RHP , DHRPView RHPView DRHP
Storage Technologies And Automation IPO Timeline

The Storage Technologies And Automation Initial Public Offering (IPO) is set to open on 30 Apr 24 and will end its subscription phase on 03 May 24. You can check your allotment status for Storage Technologies And Automation on 06 May 24. The refund process for your funds will start promptly on 07 May 24.  Storage Technologies And Automation IPO credit of shares will be on 07 May 24. The listing date for Storage Technologies And Automation is on 08 May 24.

  1. Open Date

  2. Close Date

  3. Basis Of Allotment

  4. Initialization of Refund

  5. Credit of Share

  6. Listing Date

Storage Technologies And Automation IPO Reservation

The Storage Technologies And Automation IPO reserves shares for different investor categories. Approximately Not More than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
200,000 Shares will be reserved for subscription by Nikunj Stock Brokers

Investor CategoryShares Offered
QIBNot More than 50% of the Net Issue
NIINot less than 15% of the Net Issue
RetailNot less than 35% of the Net Issue
Storage Technologies And Automation IPO Lot Size

Bids can be made for minimum of 1600 shares and in multiple of 1600 equity shares thereafter

ApplicationLotSharesAmount
Retail (Min)11,600124,800
Retail (Max)11,600124,800
HNI (Min)23,200249,600
Storage Technologies And Automation IPO Promoters Holding

Promoters holding details for Storage Technologies And Automation in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to 70.09%.

Promoters of Storage Technologies And Automation are Mr. Khasim Sait, Mr. Mohammad Arif Abdul Gaffar Dor, Mr. Hanif A Khatri, Mr. Syed Azeem, Mr. Afzal Hussain, Mr. Nuumaan Khasim,

Share Holding Pre Issue100%
Share Holding Post Issue70.09%
Storage Technologies And Automation Financial Information

Financial performance details for Storage Technologies And Automation over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).

Period31 Oct 2331 Mar 2331 Mar 2231 Mar 21
Assets6,375.774,004.013,567.73,113.04
Revenue5,317.098,137.126,989.724,852.38
Profit After Tax358.9148.3-20.49118.42
₹ In Lakhs
Storage Technologies And Automation IPO Key Performance Indicator

Key Performance Indicators (KPIs) for Storage Technologies And Automation are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.

KPIValue
P/E (x)48.45
ROCE22.52%
ROE46.37%
RoNW37.64%
EPS (Rs)11.96
Object of the Issue
  • To meet working capital requirements
  • General Corporate Purpose
Contact Details for Storage Technologies And Automation

Office

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

Registrar Details for Storage Technologies And Automation
Integrated Registry Management Services Private limited

Office

Ramana Residency, 4th Cross, Sampige Road, Malleswaram, Bengaluru-560003

Lead Manager
  • Oneview Corporate Advisors Private Limited
Frequently Asked Questions