Storage Technologies & Automation Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

30 Apr 2024

Close Date

03 May 2024

Allotment

06 May 2024

Listing Date

08 May 2024

Exchange

BSE SME

Price Band

₹78

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹78

Per share

Face Value

₹10 per share

Lot Size

1,600 Shares

per lot

Issue Size

38,40,000 shares (aggregating up to ₹29.95 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹124,800

1 lot

Pre-IPO Holding

90,00,000 shares

Promoters

Post-IPO Holding

1,28,40,000 shares

Promoters

P/E (Pre)

48.45x

EPS (Pre)

₹11.96

UPI Deadline

2024-05-03

Mandate

Anchor AllotmentMon, 29 Apr 2024

Basis of AllotmentMon, 06 May 2024

Refund InitiationTue, 07 May 2024

Demat CreditTue, 07 May 2024

Listing DayWed, 08 May 2024

UPI Mandate Deadline2024-05-03

Sale TypeFresh Capital

Net Offer to Public36,40,000 shares (aggregating up to ₹28.39 Cr)

Market Maker Quota2,00,000 shares (aggregating up to ₹1.56 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Storage Technologies & Automation Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 May 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	200,000	—	₹1.56
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,840,000	100%	₹29.95

IPO Shares Offered

Storage Technologies & Automation Ltd IPO total issue size: ₹29.95 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	200,000	₹1.56	5.21%
Total	3,840,000	₹29.95	100.00%

* Based on upper price band ₹78 per share

Lot Size & Investment

Lot Size

1,600

Shares per Lot

Issue Price

₹78.00

Upper Band

Min Investment

₹124,800

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	3,200	₹249,600
Retail (Max — 13 Lots)	13	20,800	₹1,622,400
S-HNI (Min — 14 Lots)	14	22,400	₹1,747,200
B-HNI (Min — 68 Lots)	68	108,800	₹8,486,400

* Issue Price ₹78 × Lot Size 1,600 shares

IPO Schedule

Anchor

29 Apr 2024

✓ Done

IPO Open

30 Apr 2024

✓ Done

IPO Close

03 May 2024

✓ Done

Allotment

06 May 2024

✓ Done

Refunds

07 May 2024

✓ Done

Demat Credit

07 May 2024

✓ Done

Listing Day

08 May 2024

✓ Done

₹78.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹78.00 Live Price

About Storage Technologies & Automation Ltd

Founded in October 2010, "Storage Technologies and Automation Limited is engaged in storage racking systems.The company manufactures and installs metal storage racks, automated warehouses, and other storage solutions. The company provides storage solutions for various industries, including oil & gas, automotive, aerospace, food & beverages, pharmaceuticals, textiles, retail, and FMCG.The company is an ISO 9001:2015 certified storage solution manufacturing company.The company's manufacturing process is supported by approximately 56,250 square feet of space in Bangalore and 20,000 square feet of storage space.To date, the company has executed more than 2500 projects and has served more than 900 customers worldwide.The company has a presence in over 30 countries across the globe.As of October 31, 2023, the company has a total of 166 permanent employees and 94 contracted employees.

Objects of the Issue

To meet Working Capital requirements

General Corporate Purpose

Storage Technologies & Automation Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹6,989.7

31 Mar 2022

₹8,137.1

31 Mar 2023

₹5,317.1

31 Oct 2023

Profit After Tax (PAT)

-₹20.5

31 Mar 2022

₹48.3

31 Mar 2023

₹358.9

31 Oct 2023

Particulars	31 Oct 2023	31 Mar 2023	31 Mar 2022
Revenue from Operations	5317.09	8137.12	6989.72
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	358.91	48.30	-20.49
Net Worth	953.52	594.61	546.31
Total Assets	6375.77	4004.01	3567.70
Reserves & Surplus	653.52	294.61	246.31
Borrowings	1632.53	931.63	871.10
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	6.78%	—	—

RoE

46.37%

RoCE

22.52%

RoNW

37.64%

PAT Margin

6.78%

Issue Structure & Shareholding

Total Shares Offered38,40,000 (100.00%)

Net Offer to Public36,40,000 shares (aggregating up to ₹28.39 Cr)

Reserved for Market Maker2,00,000 shares (aggregating up to ₹1.56 Cr)

Pre-Issue Promoter Holding90,00,000 shares

Post-Issue Promoter Holding1,28,40,000 shares

P/BV RatioN/A

RoE46.37%

RoCE22.52%

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Integrated Registry Management Services Pvt.Ltd

044 - 28140801 to 28140803

giri@integratedindia.in

https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1

Check Allotment

Book Running Lead Managers

Oneview Corporate Advisors Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Storage Technologies & Automation Ltd IPO subscribed? ▲

Storage Technologies & Automation Ltd IPO is subscribed 1.00 times by May 03, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Storage Technologies & Automation Ltd IPO retail subscription status? ▼

The Storage Technologies & Automation Ltd IPO retail category is subscribed 1.00 times as of 03 May 2024. The retail portion is oversubscribed.

How to subscribe Storage Technologies & Automation Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 30 Apr 2024 and closes 03 May 2024. Min investment: ₹124,800 (1 lot = 1,600 shares). UPI mandate: 2024-05-03.

How many times Storage Technologies & Automation Ltd IPO subscribed? ▼

The Storage Technologies & Automation Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Storage Technologies & Automation Ltd IPO allotment? ▼

Check allotment on the registrar website (Integrated Registry Management Services Pvt.Ltd) at https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1. Enter your PAN, application number or DP/Client ID. Allotment date: 06 May 2024. Refunds: on 07 May 2024.

When Storage Technologies & Automation Ltd IPO will be listed? ▼

The Storage Technologies & Automation Ltd IPO listing date is 08 May 2024, Wednesday. Listed on: BSE SME. Issue price: ₹78. Estimated listing: ₹78. GMP: NIL.

When Storage Technologies & Automation Ltd IPO close? ▼

The Storage Technologies & Automation Ltd IPO closes on 03 May 2024, Friday. UPI mandate: 2024-05-03. Allotment: 06 May 2024. Listing: 08 May 2024.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹78.00

Change—

Issue Price₹78.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹78

Face Value₹10

Lot Size1,600 Sh

Min. Amount₹124,800

GMPNIL

Est. Listing₹78

Subscribed1.00x

Open Date30 Apr 2024

Close Date03 May 2024

Allotment06 May 2024

Listing Date08 May 2024

ExchangeBSE SME

UPI Deadline2024-05-03