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Storage Technologies & Automation Ltd Date, Price, Review and Details

 

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Storage Technologies & Automation Ltd

April 30, 2024 - May 03, 2024 Closed

Storage Technologies & Automation Ltd IPO  

Storage Technologies and Automation Limited company was founded in 2010 and focuses on storage solutions, particularly designing, making, and installing metal racks, automated warehouses, and other storage systems. They're a customer-focused company that prioritizes innovation and efficiency. They provide a diverse range of display and storage racks for both businesses and industries. These racks are made with high-quality materials.  Their way of making things, along with changing. They're committed to being innovative, making things well, and offering solutions that are affordable and better than what their clients expect.

Company Promoters:

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

Objects of this Issue:

·       To meet Working Capital requirements
·       General Corporate Purpose

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 30 March 2022

As on 31 Mar 2021

Total Assets

4,004.01

3,567.70

3,113.04

Total Liabilities

3,988.23

3,564.17

3,109.1

Net Profit

48.30

(20.49)

118.42

Storage Technologies & Automation Ltd IPO Schedule

1.     Bid or Offer Opens on: 30 April 2024
2.     Bid or Offer Closes on: 03 May 2024
3.     Finalization of BoA: 06 May 2024
4.     Initiation of Refunds: 07 May 2024
5.     Credit of shares to Demat account: 07 May 2024
6.     Listing Date: 08 May 2024

Storage Technologies & Automation Ltd IPO Lot Size

The market lot size of Storage Technologies & Automation Ltd IPO is 2,400 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1600

₹124,800

Maximum

1

  1600

₹124,800

S-HNI(Minimum)

2

  3,200

₹249,600

Company Contact Details:

No 10, Survey No 21/6A, 21/7A, 21/7B

21/8 Singanayakanahalli, Yelahanka, Bangalore,

Bangalore- 560 064, Karnataka, India

Phone: +91 98444 86300

Email:  cs@racksandrollers.com

Website:  www.racksandrollers.com

 

Storage Technologies & Automation Ltd IPO Registrar Details:

Integrated Registry Management Services Private limited

#30, Ramana Residency, 4th Cross, Sampige Road,

Malleswaram, Bengaluru-560003

Telephone:  080-23460815 – 818

Email: csdstd@integratedindia.in

Website: www.integratedindia.in



Frequently Asked Question

The face value of Storage Technologies & Automation Ltd IPO is ₹10 per share.
The meaning of " Storage Technologies & Automation Ltd IPO " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Storage Technologies & Automation Ltd IPO on the current day.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
To invest in the Storage Technologies & Automation Ltd IPO, you typically need to have a brokerage account with a firm participating in the IPO. Once the IPO is launched, you can place an order for shares through your brokerage account, subject to availability and any minimum investment requirements.
You will receive on Storage Technologies & Automation Ltd IPO shares in your Demat account on May 07, 2024, if allotted.
Opening date of Storage Technologies & Automation Ltd IPO is April 30, 2024.
Any investment, there are risks associated with investing in the Storage Technologies & Automation Ltd IPO. These risks may include market volatility, industry competition, regulatory changes, and the company's ability to execute its business strategy successfully. It's essential to consider these risks before investing carefully.
Closing date of Storage Technologies & Automation Ltd IPO is May 03, 2024.
Storage Technologies & Automation Ltd IPO share price will be listed at BSE SME.
Storage Technologies and Automation Pvt Ltd shares will get listed on May 08, 2024.
Lot size of the Storage Technologies & Automation Ltd IPO is 1600 shares.
Storage Technologies & Automation Ltd IPO share price ₹73 to ₹78 per share.
Post-issue shareholding of the Storage Technologies & Automation Ltd IPO promoter is 70.09%.
Pre-issue shareholding of the Storage Technologies and Automation Private Limited IPO promoter is 100.00%.
Storage Technologies & Automation Ltd specializes in storage solutions and automation technologies. They offer a range of products and services to streamline storage processes and enhance efficiency for businesses across various industries.
Storage Technologies & Automation Ltd IPO share price will be listed at BSE SME.
If you do not get the allotment of on Storage Technologies & Automation Ltd IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
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