Storage Technologies & Automation Ltd IPO
Storage Technologies & Automation Ltd is a BSE SME IPO listed on the BSE SME platform, priced at ₹73–₹78 per share. The stock debuted at ₹148.2, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,24,800.
Storage Technologies & Automation Ltd IPO
- IPO Dates
- Apr 30, 2024 – May 3, 2024
- Price band
- ₹73-78 per equity share
- Minimum Investment
- ₹1,24,800
- Issue size
- ₹29.95 Cr
- Lot size
- 1600
- Allotment Date
- May 6, 2024
- Listing
- May 8, 2024
- Listing At
- BSE SME
IPO timeline
-
Apr 30, 2024
Open Date
Completed
-
May 3, 2024
Close Date
Completed
-
May 6, 2024
Allotment Date
Completed
-
May 8, 2024
Listing Date
Completed
Storage Technologies & Automation Ltd IPO Essentials
Storage Technologies & Automation Ltd IPO Details
Storage Technologies & Automation Ltd IPO is priced at ₹73-78 per share with a total issue size of 29.95 crore. The IPO has a lot size of 1600 shares and is listed on BSE SME.
- Issue price
- ₹73-78 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,840,000 shares(aggregating up to ₹29.95 Cr)
- Total issue size
- 38,40,000 shares
(aggregating up to ₹29.95 crore) - Fresh issue
- 38,40,000 shares
(aggregating up to ₹29.95 crore) - Listing at
- BSE SME
- List price
- 148.2
- Listing date
- Registrar
- Integrated Registry Management Services Private Limited
- Lead manager
-
Oneview Corporate Advisors Private Limited
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,24,800 |
| Retail(max) | 1 | 1600 | ₹1,24,800 |
| NII (min) | 2 | 3,200 | ₹2,49,600 |
Storage Technologies & Automation Ltd IPO Reservation
Storage Technologies & Automation Ltd IPO reservation details show category-wise allocation of shares. Out of the total 3,840,000 shares, approximately 18.96% are reserved for QIB, 14.25% for NII, 33.21% for retail investors, 5.21% for market maker, and 28.38% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,089,600 (28.38%) | |
| Market Maker Shares Offered | 200,000 (5.21%) | |
| QIB Shares Offered | 728,000 (18.96%) | |
| NII (HNI) Shares Offered | 547,200 (14.25%) | |
| Retail Shares Offered | 1,275,200 (33.21%) | |
| Total Shares Offered | 3,840,000 (100%) |
Storage Technologies & Automation Ltd IPO Analytics
Storage Technologies & Automation Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Storage Technologies & Automation Ltd IPO Subscription Status
Storage Technologies & Automation Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 728,000 / 747,200 | 1,275,200 | 2,750,400 |
|
Day 1
30-04-24 06:00 PM
|
(0.02 / 2.23) x | 5.00 x | 2.98 x |
|
Day 2
02-05-24 06:00 PM
|
(0.12 / 27.92) x | 48.25 x | 29.99 x |
|
Day 2
03-05-24 06:00 PM
|
(117.86 / 422.84) x | 242.74 x | 258.61 x |
Storage Technologies & Automation Ltd Valuations
Earnings
- EPS Pre IPO
- ₹11.96/-
- P/E Pre IPO
- 48.45
Returns
- ROE
- 46.37%
- ROCE
- 22.52%
- RoNW
- 37.64%
- PAT Margin
- 6.78%
Storage Technologies & Automation Ltd Financials( In Lakhs)
| 31-Oct-23 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 6,375.77 | 4,004.01 | 3,567.70 |
| Revenue | 5,317.09 | 8,137.12 | 6,989.72 |
| Profit After Tax | 358.91 | 48.30 | -20.49 |
| Net Worth | 953.52 | 594.61 | 546.31 |
| Reserves & Surplus | 653.52 | 294.61 | 246.31 |
| Total Borrowing | 1,632.53 | 931.63 | 871.10 |
Storage Technologies & Automation Ltd Company & Offer Insights
About Storage Technologies & Automation Ltd
Storage Technologies and Automation Limited was founded in October 2010. The company is involved in storage racking systems.
The company produces and installs metal storage racks, automated warehouses, and other storage solutions. The company offers storage solutions for various industries such as oil & gas, automotive, aerospace, food & beverages, pharmaceuticals, textiles, retail, and FMCG.
Storage solution manufacturing company, the firm is ISO 9001:2015 certified.The firm employs around 56,250 sq. feet manufacturing space in Bangalore and around 20,000 sq. feet storage space.
About 2500 projects were accomplished so far as well as servicing over 900 customers from almost every part of the globe in more than 30 nations worldwide
For October 31, 2023, total headcount employees will be around 166 while headcount contractual is around 94.
Storage Technologies & Automation Ltd Promoter(s)
Mr. Khasim Sait, Mr. Mohammad Arif Abdul Gaffar Dor, Mr. Hanif A Khatri, Mr. Syed Azeem, Mr. Afzal Hussain and Mr. Nuumaan Khasim are the company's promoters of Storage Technologies & Automation Ltd.
Storage Technologies & Automation Ltd IPO Issue Objectives
- •
- To meet Working Capital requirements
- •
- General Corporate Purpose
Storage Technologies & Automation Ltd IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Storage Technologies & Automation Ltd | 1.61 | 1.61 | 19.82 | N/A | 8.12 | 3.94 | Consolidated |
| Alphalogic Industries Ltd | 6.03 | 6.03 | 138.64 | 33.17 | 50.6 | 1.44 | Standalone |
Notes:
- P/E figures for the peer are based on closing market prices of equity shares on BSE on January 20, 2024, divided by the Basic EPS as of March 31, 2023.
- Basic and Diluted EPS refers to the Basic and Diluted EPS sourced from the listed peer company's Annual Report for FY 2022-23.
- Return on Net Worth (%) for listed industry peers has been computed based on the Net Profit After Tax for the year ended March 31, 2023, divided by Total Equity as of March 31, 2023.
- NAV per share for the listed peer is computed as the net worth as of March 31, 2023, divided by the outstanding number of equity shares as on March 31, 2023.
Contact Information
Contact Details
Storage Technologies & Automation Ltd
+91 98444 86300
No 10, Survey No 21/6A, 21/7A, 21/7B and 21/8 Singanayakanahalli, Yelahanka, Bangalore, Bangalore-560064,
Registrar Contact Details
Integrated Registry Management Services Private Limited
+ 91 44 2814 0801 to 803
Frequently Asked Questions
Click any question to reveal the answer
Storage Technologies & Automation Ltd IPO is a book-built IPO worth ₹29.95 crore. The price band is ₹73–₹78 per share. The IPO opens on Apr 30, 2024 and closes on May 3, 2024. It will be listed on BSE SME Platform. Integrated Registry Management Services Private Limited is the registrar.
The price band of Storage Technologies & Automation Ltd IPO is ₹73 to ₹78 per share.
The lot size of Storage Technologies & Automation Ltd IPO is 1600 shares.
The minimum investment for Storage Technologies & Automation Ltd IPO is approximately ₹1,24,800 based on the upper price band .
Storage Technologies & Automation Ltd IPO opens on Apr 30, 2024 and closes on May 3, 2024.
The allotment date of Storage Technologies & Automation Ltd IPO is May 6, 2024.
Storage Technologies & Automation Ltd IPO is expected to be listed on May 8, 2024, on BSE SME Platform.
Storage Technologies & Automation Ltd IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B N/A, RoNW 37.64%, and market cap N/A.
To apply for Storage Technologies & Automation Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Storage Technologies & Automation Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Storage Technologies & Automation Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Storage Technologies & Automation Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Storage Technologies & Automation Ltd IPO allotment status on IPO Ji for quick and easy access.