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Storage Technologies & Automation Limited

Founded in October 2010, Storage Technologies and Automation Limited is a top name in the storage solutions industry, specializing in manufacturing and installing metal storage racks, automated warehouses, and other storage systems. The company serves various industries, including oil & gas, automotive, pharmaceuticals, retail, and FMCG, providing customized solutions to meet different business needs. With an ISO 9001:2015 certification, the company ensures high-quality manufacturing for durable and reliable products. It operates a 76,250 sq. ft. manufacturing facility in Bangalore and a 20,000 sq. ft. storage space, enabling it to meet global demand efficiently. Having completed 2,500+ projects and served 900+ customers in over 30 countries, the company is committed to innovation and customer satisfaction. As of October 31, 2023, it employs 166 permanent and 94 contracted workers, continuing to grow as a major player in the global storage solutions market.

₹73 - ₹78278.89x sub
Listed Price148.20
Listing Gain+90.00%
TimelineBook Built Issue IPO
Open30 Apr 2024
Close03 May 2024
Allotment06 May 2024
Listing08 May 2024

Quota Reservation Portions

RetailPortion: 12,75,200 shares
33.2%
Nii (hni)Portion: 5,47,200 shares
14.25%
AnchorPortion: 10,89,600 shares
28.38%
QIBPortion: 7,28,000 shares
18.96%
Market MakerPortion: 2,00,000 shares
5.21%

Minimum Application Bracket Matrix

Retail1 lots / 1,600 shares
₹1,24,800
HNI2 lots / 3,200 shares
₹2,49,600

About the Company

Founded in October 2010, Storage Technologies and Automation Limited is a top name in the storage solutions industry, specializing in manufacturing and installing metal storage racks, automated warehouses, and other storage systems. The company serves various industries, including oil & gas, automotive, pharmaceuticals, retail, and FMCG, providing customized solutions to meet different business needs. With an ISO 9001:2015 certification, the company ensures high-quality manufacturing for durable and reliable products. It operates a 76,250 sq. ft. manufacturing facility in Bangalore and a 20,000 sq. ft. storage space, enabling it to meet global demand efficiently. Having completed 2,500+ projects and served 900+ customers in over 30 countries, the company is committed to innovation and customer satisfaction. As of October 31, 2023, it employs 166 permanent and 94 contracted workers, continuing to grow as a major player in the global storage solutions market.

Company Promoters

Mr. Khasim SaitMr. Mohammad Arif Abdul Gaffar DorMr. Hanif A KhatriMr. Syed AzeemMr. Afzal HussainMr. Nuumaan Khasim