Storage Technologies & Automation Ltd Subscriptions Status Live Today
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April 30, 2024 - May 03, 2024
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Storage Technologies & Automation Ltd IPO Details
Issue Open | 30 April 2024 |
Issue Close | 03 May 2024 |
IPO Price | ₹73 to ₹78 per equity share |
Face Value | ₹10 per equity share |
IPO Size | ₹29.95 Cr. |
Listing At | BSE, SME |
IPO Lot Size | 1600 Shares |
IPO Investor Categories
- Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.
- Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.
NII category has two subcategories:
1. sNII -
"sNII" stands for "Small Non-Institutional Investor." This
subcategory includes investors who have bid for shares worth between Rs. 2
lakhs and Rs. 10 lakhs in an IPO.
2. bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.
- Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.
- Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.
- Others- A category of eligible shareholders or other investors with a reserved IPO quota.
Frequently Asked Question
The face value of Storage Technologies & Automation Ltd IPO is ₹10 per share.
Minimum and maximum order quantity is 1 lot only.
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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