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Storage Technologies & Automation Ltd

STAL

73-78

per share
Bidding Dates
30-3 May
Min. Investment
₹1,16,800.00
Lot Size
1600 shares
Issue Size
₹29.95 Cr
IPO Timeline
Bidding starts
30 Apr ‘24
Bidding ends
03 May ‘24
Allotment finalisation*
06 May ‘24
Refund initiation*
07 May ‘24
Demat transfer
07 May ‘24
Listing
08 May ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About  Storage Technologies & Automation Ltd Limited

Incorporated in the year 2010, Storage Technologies & Automation Limited is engaged in a storage racking system. They specialise in design, manufacturing, installation services of metal storage racks, automated warehouses and other storage solutions.Their range of products and services demonstrates their commitment to providing innovative, efficient solutions for diverse warehousing needs, catering to a wide range of industries each with its own specific storage and logistical requirements, which includes oil & gas, automotive components & aerospace, food & beverages and cold storage, pharmaceutical, textile, retail, FMCG and others. 

The company is a customer-centric business driven by a focus on continuing innovation and operational efficiency. They offer to their clients a  wide variety of display and storage racks for commercial as well as industrial purposes. These are manufactured using qualitative raw materials. This helps in ensuring the durability and optimum strength of the finished products.They also use different grades of Mild steel (Hot rolled coils, cold rolled coils, Galvanised steel coils, PPGI coils, pipes and structural sections), powder for powder coating, Epoxy, Enamel paints and plastic for packaging as raw material.

They carry out product designing, manufacturing, quality checking, packaging, storing and delivery processes in various specialized segments of their infrastructure. All procedures are strictly monitored by their experienced team of quality controllers. They are dedicated to innovation, quality, and providing economically feasible solutions that don't just meet but exceed their clients' expectations. 

They are constantly striving to expand their service portfolio and always look forward to complementing projects of their clients.

As Storage Technologies & Automation Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:

  1. To meet Working Capital requirements 
  2. General Corporate Expenses.

IPO analysis

Registrar information
Name
Integrated Registry Management Services Private Limited
Phone number
080-23460815 – 818
Email ID
giri@integratedindia.in
Red herring prospectus
View documents submitted by company in filing to understand more details about them.

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