Home IPO Racks & Rollers IPO Date, Review, Price, Allotment Details

Racks & Rollers IPO Date, Review, Price, Allotment Details

Racks & Rollers IPO Date, Review, Price, Allotment Details

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?

The IPO is to open on April 30, 2024 for QIB, NII, and Retail Investors.

What is Racks & Rollers IPO Investors Portion?

The buyers’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Racks & Rollers IPO?

You can practice Racks & Rollers IPO by means of ASBA on-line by means of your checking account. You too can practice for ASBA on-line by means of UPI via your inventory agents. You too can practice by means of your inventory agents by means of filling up the offline shape.

How to Apply the Racks & Rollers IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now cross for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Racks & Rollers IPO via Upstox?

Log in to Upstox Application together with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your utility. Now cross for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Racks & Rollers IPO via Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the IPO. You will see the IPO Name “Naman In-Store (India)”. Click on Bid Button. Confirm your utility. Now cross for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Racks & Rollers IPO Size?

Racks & Rollers IPO measurement is ₹29.95 crores.

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?

The IPO bid is 1600 stocks with ₹124,800.

What is Racks & Rollers IPO Allotment Date?

Racks & Rollers IPO allotment date is May 6, 2024.

What is Racks & Rollers IPO Listing Date?

Racks & Rollers IPO record date is May 8, 2024. The IPO to listing on BSE SME.

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

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