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 Rs78/- per equity share including a share premium of Rs68/- per equity share (the "Issue Price") aggregating to Rs29.95 crores ("The Issue"), of which 2,00,000 equity shares of face value of Rs10/- each for cash at a price of Rs78/- per equity share including a share premium of Rs68/- per equity share aggregating to Rs1.56 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 Rs78/- per equity share including a share premium of Rs68/- per equity share aggregating to Rs28.39 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. The face value of the equity shares is Rs10/- each. The face value of the equity shares is Rs10/- each and the issue price is Rs78/-. The issue price is 7.8 times of the face value. Issue Money Payable On Opens On Closes On Application Allotment 30-Apr-24 03-May-24 Rs78.00-0.00 Rs0.00-0.00 Minimum Application for shares in Nos :1600  Further Multiples of :1600   Rs Cr Lead Managers to the Issue Project Cost 27.53 Oneview Corporate Advisors Pvt Ltd Project Financed through Current Offer 29.95   Post Issue Equity Share Capital 12.84   Issue Price Rs78.00

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 Integrated Registry Mgt Ser.Pv