• Sensex72927.71523.54(0.72%)
  • Nifty22096138.5(0.63%)
  • USDINR83.50.03(0.03%)
Online tarding Partner With Us
BSE Prices delayed by 5 minutes ! Prices as on   May 10, 2024 - 10:03AM   ABB India 7061.1 [ 1.03% ]ACC 2420.6 [ 0.33% ]Ambuja Cements 579 [ 0.82% ]Asian Paints Ltd. 2773 [ 2.29% ]Axis Bank Ltd. 1132.75 [ 1.57% ]Bajaj Auto 8932 [ 0.98% ]Bank of Baroda 258.5 [ -1.58% ]Bharti Airtel 1295.5 [ 1.56% ]Bharat Heavy Ele 270.9 [ -0.81% ]Bharat Petroleum 607.05 [ 2.49% ]Britannia Ind. 5105.5 [ 0.66% ]Cipla 1368.85 [ 0.74% ]Coal India 445.15 [ 0.41% ]Colgate Palm. 2800.7 [ 1.27% ]Dabur India 548.3 [ -0.78% ]DLF Ltd. 835.1 [ -0.24% ]Dr. Reddy's Labs 5874.3 [ -0.08% ]GAIL (India) 191.8 [ -0.67% ]Grasim Inds. 2337.25 [ -0.82% ]HCL Technologies 1317.3 [ -0.51% ]HDFC 2729.95 [ -0.62% ]HDFC Bank 1449.95 [ 0.11% ]Hero MotoCorp 4834.45 [ 1.52% ]Hindustan Unilever L 2354.4 [ 1.27% ]Hindalco Indus. 620.85 [ 0.43% ]ICICI Bank 1128.7 [ 1.18% ]IDFC L 111.4 [ 0.00% ]Indian Hotels Co 543.05 [ -1.35% ]IndusInd Bank 1420.95 [ 1.34% ]Infosys L 1425.8 [ -0.90% ]ITC Ltd. 435.35 [ 2.39% ]Jindal St & Pwr 925.6 [ 0.39% ]Kotak Mahindra Bank 1646.85 [ 0.28% ]L&T 3263 [ -0.40% ]Lupin Ltd. 1593 [ 0.55% ]Mahi. & Mahi 2208.95 [ -0.14% ]Maruti Suzuki India 12656.1 [ 1.12% ]MTNL 34.31 [ -0.52% ]Nestle India 2547.9 [ 1.42% ]NIIT Ltd. 98.2 [ -0.66% ]NMDC Ltd. 252.05 [ -0.40% ]NTPC 351.95 [ 1.72% ]ONGC 266.35 [ 0.24% ]Punj. NationlBak 122.7 [ 0.53% ]Power Grid Corpo 301.1 [ 1.69% ]Reliance Inds. 2807 [ 0.72% ]SBI 827 [ 0.90% ]Vedanta 398.45 [ 0.98% ]Shipping Corpn. 205.9 [ -0.36% ]Sun Pharma. 1515.65 [ 1.49% ]Tata Chemicals 1046.05 [ 0.16% ]Tata Consumer Produc 1081.8 [ -0.08% ]Tata Motors 1033.85 [ 0.36% ]Tata Steel 163.05 [ 0.65% ]Tata Power Co. 410.8 [ -0.69% ]Tata Consultancy 3968.2 [ 0.21% ]Tech Mahindra 1270.6 [ 0.24% ]UltraTech Cement 9487.55 [ 0.44% ]United Spirits 1207.65 [ 1.09% ]Wipro 456.85 [ 0.42% ]Zee Entertainment En 131.8 [ -0.15% ]
BSE

MARKETS

News Details

( As on 24/04/2024 19:50)

Storage Technologies announces launch of initial public offering

Storage Technologies & Automation Ltd. has announced public offering of 3840000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 68.00 per share. The gross proceeds of the issue are expected to be Rs 2,995.20 lakhs.

The company's initial public offer (IPO) will open on 30 April 2024 and is expected to close on 03 May 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 73.00-78.00 per share.

The IPO includes a fresh Issue of 3840000 Equity Shares of the Company at an price of Rs 78.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Storage Technologies & Automation Ltd. anticipates using the proceeds of the issue for .

Oneview Corporate Advisors Pvt. Ltd. as lead manager & Integrated Registry Management Services Pvt. Ltd. is the registrar, to the issue.