247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Storage Technologies and Automation Limited IPO (Storage Technologies and Automation IPO) Details

Storage Technologies and Automation Limited is an Corporate Solutions based company, located in Bangalore, Storage Technologies and Automation Limited IPO size was 29.95 Cr. and was issued at 78.00 per share. The share of Storage Technologies and Automation Limited were listed at 153.05 per share and are currently trading at 146.70 per share.

Type :
Sub Sector : Storage Racking Systems.
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
91.14 Cr.

PAT :
6.15 Cr.

Pricing Report

Issue Price :
78.00

Listing Price :
153.05

Current Market Price :
146.70

Issue Price vs CMP :
68.7 (88.08%)

listing Price vs CMP :
6.35 (4.15%)

Performance Report (CAGR* wise)

CAGR : 145.26
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Storage Technologies and Automation

Company Information
Storage Technologies and Automation Limited is a customer-centric business focused on innovation and operational efficiency, offering a wide range of display and storage racks for both commercial and industrial applications. These products are manufactured using high-quality raw materials, ensuring durability and strength. The company utilizes various grades of Mild Steel, including Hot Rolled Coils, Cold Rolled Coils, Galvanized Steel Coils, PPGI Coils, Pipes, and Structural Sections, along with materials like powder for powder coating, Epoxy, Enamel paints, and plastic for packaging. As an ISO 9001:2015 certified storage solution manufacturer, the company ensures quality throughout its processes. The expansive infrastructure spans approximately 56,250 square feet in Singanayakanahalli, Yelahanka Hobli, Bangalore, with an additional 20,000 square feet for storage. The manufacturing process, from product designing to delivery,
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Object of Issue
  • To meet Working Capital requirements
  • General Corporate Purposes

Storage Technologies and Automation SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
May, 2024
IPO Size :
29.95 Cr.
IPO Subscription :
278.82 X     
PE Multiple :
16.32
IPO Registrar:
Integrated Registry Management Services Private Limited

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FAQs

Storage Technologies and Automation operates in Corporate Solutions and Storage Racking Systems.. The Issue is listed on BSE SME in May, 2024. Storage Technologies and Automation IPO size was 29.95 Cr. with Issue price of 78.00 .

Storage Technologies and Automation IPO subscription was 278.82 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Storage Technologies and Automation IPO listed at a listing price of 153.05 against the offer price of 78.00.

The current market price of Storage Technologies and Automation is 146.70.

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