Storage Technologies & Automation Ltd Back 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 Rs73.00-78.00 Rs0.00-0.00 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 Rs73.00

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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 Integrated Registry Mgt Ser.Pv