Sattrix Information Security Ltd IPO

Sattrix Information Security Ltd IPO

Sattrix Information Security Limited is in the business to develop customer-centric cybersecurity solutions to protect customers from cyber-attacks. The company offers Managed Security Services, Assessments & Advisory, and Professional Services tailored to customer's needs. The expert team of the company provides monitoring, proactive threat detection, and rapid response. From vulnerability assessments to incident response, the company has niche services offerings in cyber security domain. The company's objective is to safeguard customer's organization against evolving cyber threats. Sattrix aim to deliver end-to-end cybersecurity services to enterprises in India, Middle East (UAE) and USA region.

Sattrix Information Security Ltd IPO Details

Total Shares Offered

₹ 18,00,000

Offer to Public

TBA

Retail Max (Shares)

₹ 8,54,000

Pre Issue Promoters Holding

₹ 49,99,975

Exchange

BSE

Issue size

TBA

IPO Open Date

Jun 5, 2024

Close Date

Jun 7, 2024

Lot Size

1000

Min Investment

TBA

Issue Type

Fixed Price - SME

Listing Date

Jun 12, 2024

Sattrix Information Security Ltd IPO Dates

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Jun 5, 2024
Opening date
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Jun 7, 2024
Closing date
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Jun 10, 2024
Basis of Allotment
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Jun 11, 2024
Initiation of Refunds
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Jun 11, 2024
Credit of Shares
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Jun 12, 2024
Listing date

Details

SectorType
SectorComputers - Software - Medium
Sub SectorSmall
Issue TypeFixed Price - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Sattrix Information Security Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations44.6340.3735.09
EBITDA8.424.355.48
PAT4.242.683.72
Total Assets36.5414.2518.57
Share Capital6.805.000.01
Total Borrowings6.262.385.92
Operating Activities (Net Cash)5.413.033.88
Investing Activities (Net Cash)-5.78-2.21-1.31
Financing Activities (Net Cash)6.262.385.92
Net Cashflow11.486.140.26

About Sattrix Information Security Ltd

Sattrix Information Security Limited was incorporated as Sattrix Information Security private limited on September 16, 2013 at Ahmedabad as a private limited company under the provisions of Companies Act, 1956 with the Registrar of Companies, Ahmedabad, Gujarat. Subsequently, the name of the company was changed to Sattrix Information Security Ltd. pursuant to a special resolution passed by the shareholders of the company at the Extra Ordinary General Meeting held on 30th October, 2023. A fresh certificate of incorporation consequent upon change of name was issued on November 7, 2023 by the Registrar of Companies, Ahmedabad, Gujarat. The Corporate Identity Number of the Company is U72200GJ2013PLC076845.

The India cybersecurity market is moderately concentrated and dominated by a few major players, like Palo Alto Networks (India) Private Limited, Juniper Networks India Private Limited, IBM India Private Limited, Norton Life Lock India Private Limited, and Quick Heal Technologies Limited. With a prominent market share, these major players focus on expanding their customer base across the world.

Sattrix Information Security Limited is in the business to develop customer-centric cybersecurity solutions to protect customers from cyber-attacks. The company offers Managed Security Services, Assessments & Advisory, and Professional Services tailored to customer's needs. The expert team of the company provides monitoring, proactive threat detection, and rapid response. From vulnerability assessments to incident response, the company has niche services offerings in cyber security domain. The company's objective is to safeguard customer's organization against evolving cyber threats. Sattrix aim to deliver end-to-end cybersecurity services to enterprises in India, Middle East (UAE) and USA region.

Peer Comparison:

  • Systango Technologies Ltd
  • Dev Information Technology Ltd
  • TAC Infosec Ltd

Sattrix Information Security Ltd Key Points

How To Apply for Sattrix Information Security Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Sattrix Information Security Ltd IPO?

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Sattrix Information Security Ltd's IPO offers shares for up to 21.78 It begins on Jun 5, 2024 and ends on Jun 7, 2024.

What is the price of the Sattrix Information Security Ltd IPO?

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The price of Sattrix Information Security Ltd IPO ranges between NA to NA per share.

What are the open and close dates for the Sattrix Information Security Ltd IPO?

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The Sattrix Information Security Ltd IPO opens on Jun 5, 2024 and closes on Jun 7, 2024.

When will the Sattrix Information Security Ltd IPO be allotted?

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The allotment for the Sattrix Information Security Ltd IPO will be finalised on Jun 10, 2024. The shares will be listed on BSE and NSE on Jun 12, 2024.

What is the minimum lot size required for Sattrix Information Security Ltd IPO?

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The minimum lot size for Sattrix Information Security Ltd IPO is 1000 shares, priced between NA to NA per share.

What is the GMP of Sattrix Information Security Ltd IPO?

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The GMP (Grey Market Premium) of Sattrix Information Security Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Sattrix Information Security Ltd IPO?

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To check the allotment status of Sattrix Information Security Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Sattrix Information Security Ltd IPO getting listed?

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The Sattrix Information Security Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jun 5, 2024, and closes on Jun 7, 2024. The allotment is finalised on Jun 10, 2024.

How do you apply for the Sattrix Information Security Ltd IPO?

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To apply for the Sattrix Information Security Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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