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Sattrix Information Security Limited IPO

Sattrix Information Security Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 150.00 (+23.97%)

The public market debut of Sattrix Information Security Limited's was completed on 12-06-2024 with its listing on the BSE exchange. The IPO process raised 18,00,000 Shares in total capital, consisting of 18,00,000 Shares in new equity.

The offering featured a price range of ₹121 to ₹121 and minimum application size of 1000 shares. Investor response during the subscription period from 05-06-2024 to 07-06-2024 influenced the final allotment ratios across investor categories.

Final allotment was announced on 10-06-2024, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.

Sattrix Information IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Sattrix Information IPO Key Performance Indicator
Company Financials ( In Lakhs )

Sattrix Information IPO About Company

Sattrix Information Security Limited, established in 2013, specializes in creating customized cyber security solutions for both cloud and on-premise systems. They offer a wide range of services, including vulnerability assessments, penetration testing, anti-phishing solutions, and application security. The company also helps businesses manage their IT infrastructure, improving threat detection and response with advanced technologies tailored to each organization's needs. Sattrix provides hybrid IT solutions to ensure agility, compliance, and efficiency across cloud and on-premise platforms. Their Managed Security Services (MSS) cover vulnerability management, incident response, endpoint detection, tech support, IT security, and cybersecurity compliance. As of October 2023, Sattrix had 145 professionals dedicated to protecting their clients' digital assets.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Sattrix Information IPO Strength Factors

  1. Qualified and Skilled Team: Sattrix Information Security Limited has a team of experienced professionals who deliver expert and dependable cyber security solutions.
  2. Serving Diverse Industries: The company works with clients from different industries, offering customized cyber security solutions to meet their specific needs.
  3. Smart and Adaptive Approach: Sattrix stays ahead of threats by using the latest technology and quickly adapting to changing client requirements.

Sattrix Information IPO Risk Factors

  1. Talent Acquisition and Retention: Finding and keeping top IT talent can be challenging for Sattrix. This might affect their ability to handle new projects, which could slow down business growth and impact revenue.
  2. Geopolitical and Operational Risks: Sattrix operates in different countries, making them vulnerable to political and operational risks that could impact their subsidiaries and customer relationships.
  3. High Employee Costs: Since the business relies heavily on employees, rising salaries and benefit costs could lower profits and affect Sattrix's overall financial performance.

Sattrix Information IPO Lead Manager(s)

  • Isk Advisors Private Limited

Sattrix Information IPO Promoter(s)

  1. Mr. Sachhin Kishorbhai Gajjaer
  2. Mrs. Ronak Sachin Gajjar

Sattrix Information IPO Company Details

Sattrix Information Security Limited
Phone:
address:

Sattrix Information IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Sattrix Information IPO FAQs