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Registered Office: [ # X S.# 21/6A 21/7A 21/7B 21/8 , Singanayakahalli Yelahanka , Bangalore - 560064 , Karnataka , India.
                                  Phone:+91 98444 86300   Fax:
                                  Email: cs@racksandrollers.com
                                  Website: https://racksandrollers.com

Public issue of upto 38,40,000 equity shares of face value of Rs10/- each ("Equity Shares") of Storage Technologies and Automation Limited ("Storage Technologies" or the "Company" or the "Issuer") for cash at a price of Rs[*] per equity share including a share premium of Rs[*] per equity share (the "Issue Price") aggregating to Rs[*] crores ("The Issue"), of which 2,00,000 equity shares of face value of Rs10/- each for cash at a price of Rs[*] per equity share including a share premium of Rs[*] per equity share aggregating to Rs[*] crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 36,40,000 equity shares of face value of Rs10/- each at a price of Rs[*] per equity share including a share premium of Rs[*] per equity share aggregating to Rs[*] crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 29.91 % and 28.35 % respectively of the post issue paid up equity share capital of the company. Price Band: Rs73 to Rs78 per equity share of face value of Rs10 each. The floor price is 7.3 times of the face value and the cap price is 7.8 times of the face value. Bid can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
30-Apr-24	03-May-24	Rs 73.00-78.00	Rs 0.00-0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600

	Rs Cr	Lead Managers to the Issue
Project Cost	0.00	Oneview Corporate Advisors Pvt Ltd
Project Financed through Current Offer	28.03
Post Issue Equity Share Capital	12.84
Issue Price	Rs.73.00

Projects

To meet working capital requirements

General corporate expenses

Promoted By

Hanif A Khatri

Mohammad Arif Abdul Gaffardor

Khasim Sait

Listing At

BSE - SME

Registrar to the Issue

No Data Found.

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