Racks and Rollers, a logo of Storage Technologies & Automation was once integrated within the yr 2010 and is engaged in garage racking methods. They specialize within the design, production, and set up services and products of steel garage racks, computerized warehouses, and different garage answers. Their vary of services demonstrates their dedication to offering cutting edge, environment friendly answers for various warehousing wishes, catering to quite a lot of industries every with its personal particular garage and logistical necessities, which incorporates oil & fuel, automobile elements & aerospace, meals & drinks and chilly garage, pharmaceutical, textile, retail, FMCG and others.
They are a customer-centric industry pushed by means of a focal point on proceeding innovation and operational potency. They be offering our shoppers all kinds of show and garage racks for business in addition to commercial functions. These are manufactured the use of qualitative uncooked fabrics. This is helping in making sure the sturdiness and optimal power of the completed merchandise. They additionally use other grades of Mild metal (Hot rolled coils, chilly rolled coils, Galvanised metal coils, PPGI coils, pipes, and structural sections), powder for powder coating, Epoxy, Enamel paints, and plastic for packaging as uncooked subject matter.
As an ISO 9001:2015 qualified garage answer production corporate, our dedication to high quality is clear. Their expansive infrastructure, spanning roughly 56,250 sq. ft in Singanayakanahalli, Yelahanka Hobli, Bangalore-560064, Karnataka, and roughly 20,000 sq. ft of garage facility helps a streamlined production procedure. They perform product designing, production, high quality checking, packaging, storing, and supply processes in quite a lot of specialised segments of our infrastructure. All procedures are strictly monitored by means of their skilled group of high quality controllers.
Objects of the Issue:
- To meet Working Capital necessities
- General Corporate Purpose
Racks & Rollers IPO Review
Racks & Rollers (Storage Technologies & Automation) IPO Date & Price Band Details
IPO Open: | April 30, 2024 |
IPO Close: | May 3, 2024 |
IPO Size: | Approx ₹29.95 Crores, 3,840,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹73 to ₹78 Per Equity Share |
IPO Listing on: | BSE SME |
Retail Quota: | 35% of the online be offering |
QIB Quota: | 50% of the online be offering |
NII Quota: | 15% of the online be offering |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
Racks & Rollers IPO Market Lot
The Racks & Rollers IPO minimal marketplace lot is 1600 stocks with a ₹124,800 utility quantity.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1600 | ₹124,800 |
Retail Maximum | 1 | 1600 | ₹124,800 |
S-HNI Minimum | 2 | 3200 | ₹249,600 |
Racks & Rollers IPO Dates
The Racks & Rollers IPO date is April 30 and the IPO shut date is May 3. The IPO allotment date is May 6 and the IPO may listing on May 8.
IPO Open Date: | April 30, 2024 |
IPO Close Date: | May 3, 2024 |
Basis of Allotment: | May 6, 2024 |
Refunds: | May 7, 2024 |
Credit to Demat Account: | May 7, 2024 |
IPO Listing Date: | May 8, 2024 |
You can test IPO subscription standing and IPO allotment standing on their respective pages.
Racks & Rollers IPO Form
How to use Racks & Rollers IPO? You can practice Racks & Rollers IPO by means of ASBA to be had for your checking account. Just cross to the web financial institution login and practice by means of your checking account by means of deciding on the Racks & Rollers IPO within the Invest phase. The different possibility you’ll be able to practice Racks & Rollers IPO by means of IPO bureaucracy obtain by means of the BSE web page. Check out the Racks & Rollers bureaucracy – click on BSE IPO Forms obtain, fill and put up for your financial institution or together with your dealer.
Racks & Rollers Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹48.52 | ₹46.65 | ₹1.18 |
2022 | ₹69.90 | ₹69.91 | ₹0.20 |
2023 | ₹81.37 | ₹80.58 | ₹0.48 |
October 2023 | ₹53.17 | ₹48.32 | ₹3.59 |
Racks & Rollers IPO Valuation – FY2023
Check Racks & Rollers IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
Earning Per Share (EPS): | ₹1.61 according to Equity Share |
Price/Earning P/E Ratio: | [.] |
Return on Net Worth (RoNW): | 20.89% |
Net Asset Value (NAV): | ₹19.82 according to Equity Share |
Peer Group
- Alphalogic Industries Limited
- Mr. Mohammad Arif Abdul Gaffar Dor
- Mr. Hanif A Khatri
- Mr. Syed Azeem
- Mr. Afzal Hussain
- Mr. Nuumaan Khasim
Racks & Rollers IPO Registrar
Integrated Registry Management Services Private Limited
Phone: + 91 44 2814 0801 to 803
Email: [email protected]
Website: https://www.integratedindia.in/
Racks & Rollers IPO Allotment Status
Check Racks & Rollers IPO allotment standing on Integrated Registry web page URL. Click Here
Racks & Rollers IPO Lead Managers aka Merchant Bankers
- Oneview Corporate Advisors Private Limited
Company Address
Storage Technologies & Automation Ltd
No 10, Survey No 21/6A
21/7A, 21/7B and 21/8 Singanayakanahalli,
Yelahanka, Bangalore, Bangalore-560064,
Phone: +91 98444 86300
Email: [email protected]
Website: https://racksandrollers.com/
Racks & Rollers IPO FAQs
What is Racks & Rollers IPO?
Racks & Rollers IPO is an BSE SME IPO. They are going to elevate ₹29.95 Crores by means of IPO. The factor is priced at ₹73 to ₹78 according to fairness proportion. The IPO is to be indexed on BSE.
When Racks & Rollers IPO will open?
What is Racks & Rollers IPO Investors Portion?
How to Apply the Racks & Rollers IPO?
How to Apply the Racks & Rollers IPO via Zerodha?
How to Apply the Racks & Rollers IPO via Upstox?
How to Apply the Racks & Rollers IPO via Paytm Money?
What is Racks & Rollers IPO Size?
What is Racks & Rollers IPO Price Band?
Racks & Rollers IPO Price Band is ₹73 to ₹78 according to fairness proportion.
What is Racks & Rollers IPO Minimum and Maximum Lot Size?
What is Racks & Rollers IPO Allotment Date?
What is Racks & Rollers IPO Listing Date?
Note: The Racks & Rollers IPO main points are introduced formally. The IPO gray marketplace top class (Racks & Rollers IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day by day updates.
– Source : IPOWATCH