Storage Technologies and Automation IPO Allotment Status to be Out Today: How to Check Online on BSE, Registrar Website
The much-awaited Storage Technologies and Automation IPO allotment status is likely to be announced today (May 6). The initial public offer (IPO) was subscribed a whopping 278 times on the last day of subscription, May 3, with strong demand from institutional buyers and retail investors alike.
The ₹ 29.95-crore IPO opened for subscription on April 30 and closed on May 3. Those who applied for the IPO can check the status of their share allotment on the official BSE website or the website of the IPO registrar, Integrated Registry Management Services Private Limited.
How to Check Allotment Status on the BSE Website:
1. Visit the BSE website (www.bseindia.com).
2. Click on the ‘Investor Relations’ tab.
3. Select ‘Public Issues’ from the drop-down menu.
4. In the ‘Company Name’ field, select ‘Storage Technologies and Automation Ltd.’
5. Enter your application number and PAN details.
6. Click on ‘Submit’ to view your allotment status.
How to Check Allotment Status on the Registrar’s Website:
1. Visit the website of the IPO registrar (www.linkintime.co.in).
2. Click on the ‘Corporate Services’ tab.
3. Select ‘IPO Allotment Status’ from the drop-down menu.
4. In the ‘Company Name’ field, select ‘Storage Technologies and Automation Ltd.’
5. Enter your PAN and Application Number.
6. Click on ‘Submit’ to view your allotment status.
The IPO comprised a fresh issue of 38.4 lakh shares, and there was no offer-for-sale component. The IPO price band was set between ₹ 73 and ₹ 78 per share. The minimum lot size for an application was 1,600 shares for retail investors.
For those who have applied for the Storage Technologies and Automation IPO, it is important to check their allotment status as soon as possible. Successful applicants will be able to trade their shares on the stock exchanges once the IPO is listed.
