
Industrial / Capital Goods · BSE
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.
Price Band
₹73 – ₹78
Issue Size
₹29.95 Cr
Lot Size
1600 shares
GMP
+76.9%
Est. Listing
₹138
at current GMP
Subscribed
278.89x
overall
Open
30 Apr 2024
Close
3 May 2024
Allotment
6 May 2024
Refund
7 May 2024
Demat Credit
8 May 2024
Listing
8 May 2024
Last updated: 26 Nov 2025
Current Premium
Issue Price (Upper)
₹78
Band: ₹73 – ₹78
Estimated Listing Price
₹138
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,24,800
Estimated Profit / Lot
₹96,000
1600 × ₹60
Grey Market Premium trend
+₹60
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹60 | 76.9% | ₹138 |
| 30 Oct 2026 | +₹60 | 76.9% | ₹138 |
| 29 Oct 2026 | +₹54 | 69.2% | ₹132 |
GMP is unofficial market data. Not a guarantee of listing performance.
Storage Technologies & Automation Limited is bringing an initial public offering (IPO) in the Industrial / Capital Goods sector with an aggregate issue size of ₹29.95 Crores. The shares are offered at a price band of ₹73 to ₹78 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,24,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Integrated Registry Management Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-05-08, while un-allotted funds or UPI block mandates will be released on 2024-05-07.
The latest grey market premium for Storage Technologies & Automation Limited IPO is ₹60, which indicates an expected listing price of ₹138.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.