Storage Technologies IPO GMP Today ( Grey Market Premium )

Storage Technologies IPO GMP Today

The Storage Technologies IPO commenced on April 30, 2024, and concluded on May 3, 2024. The allotment of shares took place on May 6, 2024, and the initiation of refunds began on May 7, 2024. The shares were credited to the demat accounts of investors on May 7, 2024. Finally, the listing of Storage Technologies on the stock exchange occurred on May 8, 2024.

The Storage Technologies IPO was priced at ₹73 to ₹78 per share, with a lot size of 1600 shares. The total issue size was ₹ crores, comprising a fresh issue of crores and an offer for sale of ₹ crores. The IPO was listed on both the NSE and BSE.

In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.

Storage Technologies & Automation IPO Basic Details

Company NameStorage Technologies & Automation Limited
Domain of CompanyStorage Solution Provider
Storage Technologies & Automation IPO GMP Today₹9
Storage Technologies & Automation IPO Listing Gain11.54%
Storage Technologies & Automation IPO Open DateApril 30, 2024
Storage Technologies & Automation IPO Close DateMay 3, 2024
Storage Technologies & Automation IPO Allotment DateMay 6, 2024
Storage Technologies & Automation IPO Listing DateMay 8, 2024
Face Value₹10 per share
Price₹73 to ₹78 per share
Lot Size1600 Shares
Issue Size3,840,000 shares of ₹10
(aggregating up to ₹29.95 Cr)
Fresh Issue3,840,000 shares of ₹10
(aggregating up to ₹29.95 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Company PromotersMr. Khasim Sait, Mr. Mohammad Arif Abdul Gaffar Dor,
Mr. Hanif A Khatri, Mr. Syed Azeem, Mr. Afzal Hussain and Mr. Nuumaan Khasim

Storage Technologies IPO GMP Today:

DateGMPListing GainKostakSubject to
Today₹911.54%
30 April 2024₹00.00%
29 April 2024₹00.00%

Storage Technologies IPO Details:

Established in October 2010, Storage Technologies and Automation Limited specializes in crafting storage rack systems. We design and install metal racks, automated warehouses, and other storage solutions for a wide range of industries, such as oil & gas, automotive, aerospace, food & beverages, pharmaceuticals, textiles, retail, and FMCG.

Our commitment to quality is reflected in our ISO 9001:2015 certification. With manufacturing facilities spanning approximately 56,250 square feet in Bangalore and storage space of 20,000 square feet, we ensure efficient production processes.

Over the years, we’ve completed over 2500 projects and catered to more than 900 clients worldwide. Our global footprint extends to over 30 countries.

As of October 31, 2023, our team comprises 166 permanent employees and 94 contracted staff, dedicated to delivering top-notch storage solutions.

Storage Technologies IPO More Details Click Here

Storage Technologies IPO FAQs

When is Storage Technologies IPO open?

Storage Technologies IPO will open on 30 April 2024.

When is Storage Technologies IPO Close?

Storage Technologies IPO will be closed on 3 May 2024.

What is Storage Technologies IPO GMP Today?

The Storage Technologies IPO GMP aka Grey Market Premium is ₹9.

What is Storage Technologies IPO Kostak Rates Today?

The Storage Technologies IPO Kostak Rate is ₹000.

What is Storage Technologies IPO Subject to Sauda Price Today?

The Storage Technologies IPO subject to sauda rates is ₹000.

Storage Technologies IPO Expected Returns?

The Storage Technologies expected return is 11.54%.

How much will be the listing gain in Storage Technologies IPO?

Storage Technologies IPO will get listing gain of 11.54%. (Approx.)

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