Storage Technologies IPO Subscription Details

Bookbuilding IPO | ₹30 Cr | Listed at BSE SME | Tue, Apr 30, 2024 - Fri, May 3, 2024

Basis of Allotment - Storage Technologies IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)7,28,00010,89,60018,17,6005,47,20012,75,20036,40,000
Allotment price (Rs.)787878787878
No.of applications5065617,8751,92,8062,10,737
No.of shares applied7,22,60,80019,88,8007,42,49,60032,96,84,80030,84,89,60071,24,24,000
Amount collected (Rs.cr.)563.63 15.51 579.15 2,571.54 2,406.22 5,556.91
No.of times subscribed99.261.8340.85602.49241.91195.72
No.of shares allotted7,28,00010,89,60018,17,6005,47,20012,75,20036,40,000
Amount (Rs.cr.)5.68 8.50 14.18 4.27 9.95 28.39
No.of allottees484523127971,161

IPO Shares Offered

Storage Technologies IPO is a public issue of 0.36 Cr equity shares. The issue offers 0.13 Cr shares to retail investors, 0.18 Cr shares to qualified institutional buyers, and 0.05 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,00,0001.56 5.21%
QIB 18,17,60014.18 47.33%
    Anchor 10,89,600 8.50 28.38%
    QIB (Ex Anchor) 7,28,000 5.68 18.96%
NII* 5,47,2004.27 14.25%
Retail12,75,2009.95 33.21%
Total38,40,00029.95 100%

Storage Technologies IPO Anchor Investor Allocation

A total of 10,89,600 shares at a price of Rs 78 per share will be allotted to the anchor investors.

Anchor investors bid opening dateApr 29, 2024
Anchor investor price₹78.00
Anchor investors as % of QIBs59.95%
No. of shares locked-in for 30 days5,44,800
No. of shares locked-in for 90 days5,44,800
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 BELGRAVE INVESTMENT FUND BELGRAVE 4,81,600 3.76 44.20 12.54
2 ACINTYO INVESTMENT FUND PCC-CELL 1 ACINTYO 2,56,000 2.00 23.49 6.67
3 PERSISTENT GROWTH FUND PERSISTENT 2,22,400 1.73 20.41 5.79
4 SB OPPORTUNITIES FUND SB OPPORTUNITIES FUND 1,29,600 1.01 11.89 3.38
10,89,6008.5010028.38

IPO Subscription FAQs

The Storage Technologies IPO is subscribed 278.82 times by May 03, 2024 19:02.

Storage Technologies IPO Subscription

Investor Category Subscription (times)
Qualified Institutional117.86
Non Institutional577.02
Retail Individual242.74
Total Subscription278.82

Retail category of Storage Technologies IPO subscribed 242.74 times as of date May 03, 2024 19:02. The public issue closes on Fri, May 3, 2024 for bidding.

An investor can apply in Storage Technologies IPO online via bank (using ASBA) or the broker (using UPI). The Storage Technologies IPO shares are offered online only.

The Storage Technologies IPO is subscribed 278.82 times by May 03, 2024 19:02.

The Storage Technologies IPO allotment status is expected on or around Monday, May 6, 2024. Visit Storage Technologies IPO allotment status to check.

The Storage Technologies IPO listing date is May 8, 2024. The equity share of Storage Technologies IPO will list on BSE SME.

Visit Storage Technologies IPO subscription status page for real-time bidding information about Storage Technologies IPO.

Storage Technologies IPO Timetable

IPO opens OnTuesday, April 30, 2024
IPO Closes OnFriday, May 3, 2024
Finalisation of Basis of AllotmentMonday, May 6, 2024
Initiation of RefundsTuesday, May 7, 2024
Credit of Shares to Demat AccountTuesday, May 7, 2024
IPO Listing DateWednesday, May 8, 2024
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