Racks & Rollers - Storage Technologies and Automation Limited’s SME Initial Public Offering to open on Tuesday, April 30, 2024, price band set at ₹73/- to ₹78/- per Equity Share
Price Band of ₹73/- – ₹78/- per equity share bearing face value of ₹10/- each (“Equity Shares” Bid/Offer Opening Date – Tuesday, April 30, 2024 and Bid/Offer Closing Date – Friday, May 03, 2024. Minimum Bid Lot is 1600 Equity Shares and in multiples of 1600 Equity Shares thereafter. The Floor Price is 7.3 times the face value of the Equity Share and the Cap Price is 7.8 times the face value of the Equity Share RISK TO INVESTORS The Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect our revenues and profitability We have certain outstanding litigation against us, an adverse outcome of which may adversely affect our business, reputationand results of operations The unexpected loss, shutdown or slowdown of operations at our manufacturing plant could have a material adverse effect onour results of operations and financial condition. Inaccurate estimation of risks, revenues, or costs for a projects could negatively impact our profitabil