Storage Technologies And Automation Limited

Provides storage, warehousing, and automation solutions for various industries.

2010 | Bangaluru, Karnataka (India) | Active
Last Updated: January 06, 2025

Storage Technologies And Automation Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 12.84 Cr
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 28.00 Cr
  • Satisfied Charges ₹ 7.20 Cr
  • Revenue Growth 23.65%
  • Profit Growth 217.68%
  • Ebitda 195.44%
  • Net Worth 19.76%
  • Total Assets 33.82%

About Storage Technologies And Automation

Storage Technologies And Automation Limited (STAAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 March 2010 and has a history of 14 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 12.84 Cr.

The company currently has active open charges totaling ₹28.00 Cr. The company has closed loans amounting to ₹7.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Storage Technologies And Automation Limited India are Afzal Hussain as Ceo, Nuumaan Khasim as Cfo, and Vijaylaxmi Kedia as Company Secretary. Sreenivasan Ramakrishnan, Fayaz Gangjee, Dor Gaffar, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    racksandrollers.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2010PLC052918

  • Company No.

    052918

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 2010

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Transport and Logistics

What products or services does Storage Technologies And Automation Limited offer?

Storage Technologies And Automation Limited offers a wide range of products and services, including Retail Display Stands and Fixtures, Clothing Rack, Industrial Racks & Storage System, Warehouse Mezzanines, Industrial Storage Rack, Warehouse Racks, Instrument Calibration & Adjustment, Calibration Services, Conveyor Systems & Components, Belt Conveyors.

Who are the key members and board of directors at Storage Technologies And Automation?

Executive Team (4)

NameDesignationAppointment DateStatus
Dor Gaffar Country flag representing In Managing Director19-Mar-2010Current
Afzal Hussain CEO07-Dec-2023Current
Nuumaan Khasim CFO07-Dec-2023Current
Vijaylaxmi Kedia Company Secretary07-Sep-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Sreenivasan Ramakrishnan Country flag representing In Director 23-Nov-2023Current
Hanif Khatri Country flag representing In Director 01-Jun-2016Current
Japna Choudhary Country flag representing In Director 23-Nov-2023Current
Syed Azeem Country flag representing In Whole-Time Director 01-Jun-2016Current
Afzal Hussain Country flag representing In Whole-Time Director 01-Jun-2016Current
Fayaz Gangjee Country flag representing In Director 23-Nov-2023Current

Financial Performance of Storage Technologies And Automation.

Storage Technologies And Automation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.65% increase. The company also saw a substantial improvement in profitability, with a 217.68% increase in profit. The company's net worth Soared by an impressive increase of 19.76%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
23.65%
Revenue from Operations
23.65%
Total Assets
33.82%
Profit or Loss
217.68%
Net Worth
19.76%
EBITDA
195.44%

What is the Ownership and Shareholding Structure of Storage Technologies And Automation?

In 2023, Storage Technologies And Automation had a promoter holding of 99.00% and a public holding of 1.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.00 Cr

Satisfied Charges

₹7.20 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 21.00 Cr
  • Others : 5.00 Cr
  • Tata Capital Financial Services Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jun 2023Others₹5.00 CrOpen
15 Feb 2023Tata Capital Financial Services Limited₹2.00 CrOpen
23 Sep 2020Hdfc Bank Limited₹21.00 CrOpen
29 Feb 2024Others₹5.00 CrSatisfied
18 Mar 2021Hdfc Bank Limited₹0.99 MSatisfied

How Many Employees Work at Storage Technologies And Automation?

Storage Technologies And Automation has a workforce of 312 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Storage Technologies And Automation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Storage Technologies And Automation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Storage Technologies And Automation

Recent activity within the organization

  • Charges

    A charge registered on 18 Mar 2021 via Charge ID 100445374 with Hdfc Bank Limited was fully satisfied on 12 Dec 2024.

    12 Dec 2024

  • Charges

    A charge registered on 18 Mar 2021 via Charge ID 100448135 with Hdfc Bank Limited was fully satisfied on 12 Dec 2024.

    12 Dec 2024

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 07 Jun 2023 with Charge ID 100741199 was modified on 18 Nov 2024.

    18 Nov 2024

  • Annual General Meeting

    Storage Technologies And Automation Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 21.00 Cr registered on 23 Sep 2020 with Charge ID 100374819 was modified on 20 Sep 2024.

    20 Sep 2024

  • Charges

    A charge registered on 29 Feb 2024 via Charge ID 100888373 with Others was fully satisfied on 18 Sep 2024.

    18 Sep 2024

Frequently asked questions

  • Storage Technologies And Automation Limited was incorporated on 19 Mar 2010.

  • The authorized share capital of Storage Technologies And Automation Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.84 Cr.

  • Currently 13 directors are associated with Storage Technologies And Automation Limited.

    • Sreenivasan Ramakrishnan
    • Fayaz Gangjee
    • Dor Mohammad Arif Abdul Gaffar
    • Khasim Sait
    • Hirenallur Girishappa Arthur Denzlin
    • Hanif Abdul Gaffar Khatri
    • Japna Choudhary
    • Nuumaan Khasim
    • Afzal Hussain
    • Syed Azeem
    • Afzal Hussain
    • Nuumaan Khasim
    • Vijaylaxmi Kedia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Storage Technologies And Automation Limited is No 10 Survey 21/6A 21/7A 21/7B And 21/8 Singanayakanahalli Yelahanka, India, Bangalore, Karnataka, 560064.

  • The corporate identification number (CIN) of Storage Technologies And Automation Limited is U74900KA2010PLC052918 and the company number is 052918 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Storage Technologies And Automation Limited is https://www.racksandrollers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Storage Technologies And Automation Limited has risen by 23.65%.

  • As Per 2023 financial reports, 312 employees are currently employed by Storage Technologies And Automation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Storage Technologies And Automation Limited has experienced an upsurge of 19.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Storage Technologies And Automation Limited amount to ₹ 28.00 Cr.

  • The most recent Balance Sheet for Storage Technologies And Automation Limited was filed with the ROC on 31 Mar 2024.

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