| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹29.95 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹29.95 Cr |
| Fresh Issue | ₹28.39 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน73.00-78.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544171 |
| Registrar | Integrated Registry Management Services... |
| Lead Managers | Oneview Corporate Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirements | 27.50 |
| 2 | General Corporate Expenses | 0.03 |
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 63.76 | 40.04 | 35.68 | 31.13 |
| Total Income | 53.17 | 81.37 | 69.90 | 48.52 |
| Profit After Tax | 3.59 | 0.48 | -0.20 | 1.18 |
| NET Worth | 9.54 | 5.95 | 5.46 | 5.67 |
| Reserves and Surplus | 6.54 | 2.95 | 2.46 | 4.67 |
| Total Borrowing | 16.33 | 9.32 | 8.71 | 3.47 |
| Amount in ₹ Crore | ||||
| KPI | Oct 31, 2023 |
|---|---|
| ROE | 46.37% |
| ROCE | 22.52% |
| RoNW | 37.64% |
| PAT Margin | 6.78% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 11.96 | |
| P/E (x) | 48.45 | |
| Promoter Holding | 100.00% | 70.09% |