Storage Technologies & Automation Ltd IPO Allotment Status, Subscription and IPO Details

The Storage Technologies & Automation IPO, open from April 30 to May 3, 2024, prices shares at ₹73 to ₹78. Allotment set for May 6, in lots of 1600 shares.
Storage Technologies & Automation Ltd IPO Allotment Status, Subscription and IPO Details

Storage Technologies & Automation IPO Allotment Status 

Storage Technologies & Automation IPO allotment is scheduled for May 6, available from April 30 to May 3, 2024,  prices shares between ₹73 to ₹78, each with a ₹10 face value. Investors can bid in lots of 1600 shares.

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Storage Technologies & Automation IPO Allotment Status Check 

To ascertain their allocation status for the Storage Technologies & Automation IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Integrated Registry Management Services’s website.

IPO Allotment Status BSE 

Here are steps to check Storage Technologies & Automation IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Storage Technologies & Automation from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Storage Technologies & Automation IPO allotment status on Integrated Registry Management Services’s website

Step 1: Visit IPO registrar website – Integrated Registry Management Services

Step 2: Select ‘Storage Technologies & Automation’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Storage Technologies & Automation IPO allotment status will be reflected on the screen.

Storage Technologies & Automation IPO GMP Today

The Storage Technologies & Automation IPO GMP (Grey Market Premium) is ₹49 as of 3rd May.

Storage Technologies & Automation IPO Subscription Status

On its first day, the Storage Technologies & Automation IPO has been oversubscribed by 2.05 times, with retail investors leading at 3.47 times and NII at 1.44 times. QIBs lag at 1% subscription, totaling 52,16,000 bids for the 25,50,400 shares available.

Storage Technologies & Automation IPO Details

The Racks & Rollers IPO, valued at ₹29.95 crore, will issue 38,40,000 new shares at ₹10 each to fund working capital and other corporate needs. Share allotment is set for May 6, with refunds and demat transfers on May 7, and a BSE SME listing expected by May 8. Oneview Corporate Advisors and Integrated Registry Management Services oversee the process.

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