STORAGE TECHNOLOGIES AND AUTOMATION LIMITED IPO
STORAGE TECHNOLOGIES AND AUTOMATION LIMITED was a SME IPO, offered at ₹73–₹78 per share. The issue was subscribed 258.56× overall (QIBs 117.86×, NIIs 422.83×, retail 242.63×). It listed on 8 May 2024 at ₹148 and closed its first day at ₹153, a listing gain of +96.2% versus the ₹78 issue price. It now trades around ₹35 (-54.8% versus the issue price).
Frequently asked questions
- How many times was the STORAGE TECHNOLOGIES AND AUTOMATION LIMITED IPO subscribed?
- The STORAGE TECHNOLOGIES AND AUTOMATION LIMITED IPO was subscribed 258.56× overall — 117.86× in the QIB category, 422.83× among non-institutional investors, 242.63× in retail.
- What were the STORAGE TECHNOLOGIES AND AUTOMATION LIMITED IPO listing gains?
- STORAGE TECHNOLOGIES AND AUTOMATION LIMITED listed on 8 May 2024 at ₹148, closing its first day at ₹153 — a listing gain of +96.2% versus the ₹78 issue price.
- What were the retail allotment odds for the STORAGE TECHNOLOGIES AND AUTOMATION LIMITED IPO?
- Retail was subscribed 242.63×, so a single-lot application had roughly a 0.4% chance of allotment (about 1 in 243), and allotment was finalised on 6 May 2024.
- What was the price band and lot size of the STORAGE TECHNOLOGIES AND AUTOMATION LIMITED IPO?
- The price band was ₹73–₹78 per share.