Storage Technologies & Automation Ltd.

Industry:

Engineering - Industrial Equipments

Issue Details

  • Open Date

    30 Apr 2024
  • Close Date

    03 May 2024
  • Size (in Crs.)

    20.08 - 21.45

  • Size (Shares)

    -
  • Listing On

    BSE

Issue Terms

  • Price Range

    -5
  • Lot Size

    1600

  • Type

    Book building

  • Face Value

    10

  • Market Lot

    1

Objective of the Issue

1. To meet Working Capital requirements2. General Corporate Purpose

Description

We are a customer-centric business driven by a focus on continuing innovation and operational efficiency. We offer our clientswith a wide variety of display and storage racks for commercial as well as industrial purposes. These are manufactured usingqualitative raw materials. This helps in ensuring the durability and optimum strength of the finished products. We also usedifferent grades of Mild steel (Hot rolled coils, cold rolled coils, Galvanised steel coils, PPGI coils, pipes and structuralsections), powder...  Show More

Address

No 10, Survey No 21/6 A, 21/7 A, 21/7 B & 21/8 , Singanayakanahalli , Yelahanka

Bengaluru

560064

State

Karnataka

Phone No.

9844486300

Email

cs@racksandrollers.com

Website

https://racksandrollers.com

Promoter Holding

Promoters:

Afzal Hussain, Hanif A Khatri, Khasim Sait, Mohmmad Arif Abdul Gaffar Dor, Nuumaan Khasim, Syed Azeem

Total Share Capital

9000000

Offered to Public

3840000

% Promoter's Holding (Pre-Issue)  

100

% Promoter's Holding (Post-Issue)  

70.09

Shares on offer

Total Share Offer

9000000

Of above offred to public

3840000

Post Issue shares

NA

Post Issue Promoters

70.09

Lead Managers to the Issue:

Oneview Corporate Advisors Pvt Ltd.

Registrar Details

Registrar Name:

Integrated Registrary Management Services Pvt Ltd.-(Formerly Integrated Enterprises (India) Ltd)

Address

30, Ramana Residency , 4th Cross, Sampige Road , Malleswaram , Bangalore

560003

Phone No.

91-080-23460815 to 818

Email

svijavagopal@iepindia.com, alfint@vsnl.com

Website

irg@integratedindia.in

Fax

91-080 23460819

Prudent Corporate Advisory Services Ltd.
"Prudent House", Panjrapole Cross Road,
Nr. Polytechnic, Ambawadi,
Ahmedabad - 380 015, Gujarat, India.
For Queries:
kyc@fundzbazar.com
1800 419 5051 (Toll Free)
Compliance Officer:
Mrs. Rima Patel
compliancemf@prudentcorporate.com
(079) 40209600
Social Media

Prudent Corporate Advisory Services Ltd.(PCAS): Member of NSE & BSE – SEBI Registration No as stock broker: INZ000293634. Member ID : - NSE : 90209, BSE : 6733, CDSL – IN-DP- 477-2020 (DP ID: 12090600), CIN - L91120GJ2003PLC042458.

Registered Address: Prudent House, Panjrapole Cross Road, Nr. Polytechnic, Ambawadi, Ahmedabad - 380015, Gujarat, India.

For any complaints pertaining to securities / broking please write a mail to ig@prudentcorporate.com

Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI

Investor Alert:
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  2. Prevent Unauthorized transactions in your Trading / Demat account --> Update your mobile numbers/email IDs with us. Receive information of your transactions directly from Exchange / CDSL on your mobile/email at the end of the day / same day.......... Issued in the interest of investors.
  3. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in the investor's account.
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    • a. Register on SCORES portal b. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. c. Benefits: i. Effective communication. ii.Speedy redressal of the grievances.
  6. SEBI COMPLAINTS REDRESS SYSTEM Link :- https://scores.gov.in/scores/Welcome.html
  • Attention Investor:
  • 1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. 3. Pay 20% upfront margin of the transaction value to trade in cash market segment. 4. Investors may please refer to the NSE's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 & BSE’s notice no. 20200731-7 dated July 31, 2020 and 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard. 5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. .......... Issued in the interest of Investors

Company does not offer any scheme for any assured returns. In case, any such scheme offered by any of employee or other Authorized Person of the company, the same should not be accepted and no investment in such scheme to be made. In case of any such scheme offered by any person, kindly contact compliance team of the company on (+91) (79) 40209600. In case any investment made in such scheme, company will not be responsible for any claims or grievances for any loss on account of relying on the said scheme. 

Advertisement Disclosure - Non-Broking Products/Services e.g. Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc "These are not Exchange traded product and the Member is just acting as distributor and all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism.”