Sattrix Information Security IPO Details: Sattrix Information Security has announced the dates for its IPO, which will open on June 5 and close on June 7. This BSE SME IPO aims to raise ₹21.78 crores, with a price band set at ₹121 per share and a market lot of 1,000 shares.
Sattrix Information Security Limited specializes in developing customer-centric cybersecurity solutions, providing comprehensive end-to-end services to enterprises in India, the USA, and the Middle East (UAE). With a decade of experience, the company has established itself as a trusted partner in safeguarding organizations against unauthorized data access and security threats.
Their data security solutions are designed to mitigate data privacy risks, ensuring smooth and secure business processes. Sattrix offers both cloud-based and on-premise data security solutions tailored to clients’ specific needs, utilizing the latest technologies to create agile cybersecurity solutions that can adapt to evolving threats.
The company provides a range of cyber threat assessment services, customized following a detailed risk assessment. Their IT infrastructure security consulting services address the unique challenges faced by organizations, offering comprehensive solutions that enhance visibility across modern IT infrastructures. This enables more effective and timely threat detection, response, and prevention, using the most suitable technologies for each organization.
Sattrix Information Security IPO Objectives:
- Capital Expenditure:
(a) To meet out expenses for Purchasing Furniture, fixtures & air conditioning for a new office at Ahmedabad
(b)To purchase and Installation of IT equipment, computer hardware, server, SAN storage, CCTV cameras, video conferencing equipment, networking (LAN) and other equipment - Business Expansion Cost:
(a) Development of New Products & Technology
(b) Other Business Expansion Cost - Additional Working Capital Requirement
- General Corporate Purpose
Sattrix Information Security IPO Review (Apply or Not)
- Update Soon
Sattrix Information Security IPO Date & Price Band Details:
| IPO Open: | June 5, 2024 |
| IPO Close: | June 7, 2024 |
| IPO Size: | Approx ₹21.78 Crores, 1,800,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹121 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | [.]% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Sattrix Information Security IPO Lot Size:
Sattrix Information Security’s IPO has a minimum market lot of 1,000 shares, requiring an application amount of ₹121,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹121,000 |
| Retail Maximum | 1 | 1000 | ₹121,000 |
| S-HNI Minimum | 2 | 2400 | ₹242,000 |
Sattrix Information Security IPO Timeline:
The Sattrix Information Security IPO will open on June 5 and close on June 7. The IPO allotment date is set for June 10, with the listing potentially taking place on June 12.
| IPO Open Date: | 5-June-2024 |
| IPO Close Date: | 7-June-2024 |
| Basis of Allotment: | 10-June-2024 |
| Refunds: | 11-June-2024 |
| Credit to Demat Account: | 11-June-2024 |
| IPO Listing Date: | 12-June-2024 |
Sattrix Information Security IPO GMP Today:
GMP for Sattrix SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
Sattrix Information Security Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹21.20 | ₹18.43 | ₹1.94 |
| 2022 | ₹23.49 | ₹20.81 | ₹2.14 |
| 2023 | ₹37.76 | ₹32.24 | ₹4.00 |
| Oct 2023 | ₹27.72 | ₹24.58 | ₹2.16 |
Sattrix Information Security IPO Valuation – FY2023
Check Sattrix Information Security IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹8.00 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 33.51% |
| Net Asset Value (NAV): | ₹23.88 per Equity Share |
Peer Group
- Systango Technologies Limited
- Dev Information Technology Ltd.
Company Promoters
- Mr. Sachhin Kishorbhai Gajjaer
- Mrs. Ronak Sachin Gajjar
Sattrix Information Security IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Sattrix Information Security IPO Allotment Status
Check Sattrix Information Security IPO allotment status on Bigshare website URL. Click Here
Sattrix Information Security IPO Lead Managers aka Merchant Bankers
- Isk Advisors Pvt Ltd
Company Address
Sattrix Information Security Limited
28, Damubhai Colony,
Bhattha Paldi,
Ahmedabad – 380007
Phone: +91- 87358 25247
Email: cs@sattrix.com
Website: http://www.sattrix.com/
Sattrix Information Security IPO FAQs
1. What are the dates for the Sattrix Information Security IPO?
- Opening Date: June 5
- Closing Date: June 7
- Allotment Date: June 10
- Listing Date: June 12 (tentative)
2. What is the price band for the Sattrix Information Security IPO?
- The price band is set at ₹121 per share.
3. What is the minimum market lot for the Sattrix Information Security IPO?
- The minimum market lot is 1,000 shares.
4. What is the minimum application amount for the IPO?
- The minimum application amount is ₹121,000.
5. How much capital is Sattrix Information Security aiming to raise through the IPO?
- The company aims to raise ₹21.78 crores through the IPO.
6. What type of IPO is Sattrix Information Security launching?
- It is a BSE SME IPO.
7. What is the business of Sattrix Information Security Limited?
- Sattrix Information Security Limited develops customer-centric cybersecurity solutions, providing end-to-end services to enterprises in India, the USA, and the Middle East (UAE).
8. What kind of services does Sattrix Information Security offer?
- They offer comprehensive cybersecurity solutions, including data security, cyber threat assessment, and IT infrastructure security consulting services. These services are designed to protect organizations against unauthorized access and security threats, ensuring secure and smooth business operations.
9. How experienced is Sattrix Information Security in the cybersecurity industry?
- Sattrix Information Security has a decade of experience in the cybersecurity industry, establishing itself as a trusted partner for many organizations.
10. How does Sattrix Information Security tailor its services to client needs?
- They conduct detailed risk assessments and customize their cyber threat assessment services based on the specific requirements of their clients. They also offer both cloud-based and on-premise data security solutions tailored to individual client needs.
11. What technologies does Sattrix Information Security use in their solutions?
- Sattrix uses the latest available technologies to develop agile cybersecurity solutions that can adapt to evolving threats, ensuring better and faster detection, response, and blocking of threats across modern IT infrastructures.
