As of April 29, 2024, Storage Technologies & Automation IPO has ₹0 as Grey Market Premium, with a price ₹73 to ₹78 per share. Offering lots of 1600 shares, the subscription window is open from April 30, 2024 to May 3, 2024.
Storage Technologies & Automation Limited GMP Today
The Grey Market Premium (GMP) for Storage Technologies & Automation Limited is ₹0 as of April 29, 2024. This assessment coincides with a price band of ₹73 to ₹78 per share for the IPO.
Storage Technologies & Automation Limited IPO Review
Storage Technologies & Automation financial review shows varied results. Revenue grew from ₹6,986.65 lakhs in March 2022 to ₹8,131.94 lakhs in March 2023 but dipped to ₹5,291.70 lakhs by October 2023. Despite a revenue shortfall, equity and liabilities consistently increased, indicating potential for expansion.
Profitability saw remarkable improvement, with PAT jumping from a loss of ₹20.49 lakhs in March 2022 to a gain of ₹358.91 lakhs by October 2023. EPS also surged from ₹(0.68) to ₹11.96, and RoNW rose from -3.75% to 37.64%, demonstrating enhanced efficiency in generating shareholder returns. Total assets grew, reflecting ongoing business growth.
Storage Technologies & Automation Limited IPO Date
Storage Technologies & Automation Limited will start accepting subscriptions from April 30, 2024 to May 3, 2024
Storage Technologies & Automation Limited IPO Price
Storage Technologies & Automation Limited price range is between ₹73 to ₹78 per share with a face value of ₹10 each.
Storage Technologies & Automation Limited
Founded in 2010, Storage Technologies & Automation specialises in metal storage racks and automated warehouse solutions tailored to various industries. Based in Bangalore with ISO 9001:2015 certification, they maintain rigorous quality standards from design to delivery, providing innovative, cost-effective storage and display solutions that prioritise customer needs and enhance operational efficiency.
How To Apply For Storage Technologies & Automation Ltd IPO?
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1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Storage Technologies & Automation on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
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