Sattrix Information Security Limited IPO
BSE SMEListed On: Jun 12, 2024 at ₹ 150.0
₹ 242000 /2000 Shares
*Min Investment
05 Jun, 2024
Open Date07 Jun, 2024
Close Date10 Jun, 2024
Allotment Date12 Jun, 2024
Listing DateSattrix Information Security Limited IPO Issue Details
- Issue Price ₹121 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 18,00,000 shares(aggregating up to ₹21.78 crore)
- Fresh Share 18,00,000 shares(aggregating up to ₹21.78 crore)
- Listing at BSE SME
- List Price 150.0
- Listing Date 2024-06-12
- Lead Manager Isk Advisors Pvt Ltd
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,21,000 |
| Retail(max) | 1 | 1000 | ₹1,21,000 |
| NII (min) | 2 | 2,000 | ₹2,42,000 |
Sattrix Information Security Limited IPO Reservation
Sattrix Information Security Limited IPO offers total 1,800,000 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,854,000 (47.44%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 92,000 (5.11%) | |
| Retail Shares Offered | 854,000 (47.44%) | |
| Total Shares Offered | 1,800,000 (100%) |
Sattrix Information Security Limited IPO Details
Sattrix Information Security Limited IPO is an SME IPO, priced at ₹121 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 18,00,000 equity shares, aggregating up to ₹21.78 crores..
The IPO bidding window is open from Jun 5, 2024 to Jun 7, 2024. The allotment is expected to be finalized on Jun 10, 2024, and the tentative listing date is Jun 12, 2024.
The minimum lot size for Retail investors is 1000 shares, with a minimum investment of ₹1,21,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,42,000.
Isk Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Sunflower Broking Private Limited will act as the market maker for this issue.
Sattrix Information Security Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 854,000 | 854,000 | 1,708,000 |
Day 1 05-06-24 06:00 PM | 0.68 x | 1.47 x | 1.08 x |
Day 2 06-06-24 06:00 PM | 1.45 x | 4.32 x | 2.89 x |
Day 3 07-06-24 06:00 PM | 103.24 x | 37.58 x | 70.41 x |
Sattrix Information Security Limited Valuations
Sattrix Information Security Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,567.06 | 1,449.07 | 950.32 |
| Revenue | 3,775.65 | 2,348.69 | 2,120.23 |
| Profit After Tax | 400.12 | 214.13 | 193.83 |
| Net Worth | 1,194.02 | 776.51 | 557.12 |
| Reserves & Surplus | 1,193.02 | 775.51 | 556.12 |
| Total Borrowing | 194.55 | 235.88 | 44.54 |
About Sattrix Information Security Limited Company
Sattrix Information Security Limited was established in 2013 and specializes in developing customer-oriented cyber security solutions.
The company designs and builds data security solutions in the cloud and on-premise based on the client's requirements. The company's service list includes:
Assessment services: vulnerability assessment, penetration testing, red teaming, anti-phishing solutions and application security services.
IT infrastructure management: IT security services of infrastructures for today's modern world provide an extensive view and facilitate quick and fast identification, response and mitigation of various threats through utilization of various different technologies that might be most appropriate to each organization.
Hybrid IT service and solution - on-premises and in the cloud with the intent to meet all those diverse needs and offer agility, compliance, and efficiency.
MSS (Managed Security Services): Vulnerability Management, SOC (Incident Response), Endpoint Detection & Response (Managed EDR), Helpdesk / Tech Support, IT Infrastructure Security, and Cybersecurity Compliance Services.
October 2023 had the company having a payroll of 145 employees.
Sattrix Information Security Limited - Promoter(s)
Mr. Sachhin Kishorbhai Gajjaer
Mrs. Ronak Sachin Gajjar
Pre Issue Share Holding : %
Post Issue Share Holding : %
Sattrix Information Security Limited IPO - Issue Objectives
Sattrix Information Security Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Sattrix Information Security Limited | 8 | N/A | 23.88 | 15.12 | 40.61 | 5.07 | Consolidated |
| Systango Technologies Limited | 12.76 | N/A | 42.02 | 19.79 | 22.7 | 6.01 | Consolidated |
| Dev Information Technology Limited | 4.08 | N/A | 18.78 | 29.41 | 21.71 | 6.39 | Consolidated |
| Tac Infosec Limited | 6.63 | N/A | 10.04 | 71.7 | 66.05 | 47.35 | Standalone |
Notes:
- P/E Ratio is based on the closing CMP of the respective scrips divided by the basic EPS.
- NAV per share is computed as the closing net worth divided by the closing outstanding number of paid-up equity shares as adjusted with the effect of the Bonus Issue.
- RoNW has been computed as net profit after tax divided by closing net worth.
Contact Details
Sattrix Information Security Limited
28, Damubhai Colony, Bhattha Paldi, Ahmedabad - 380007
+91- 87358 25247
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Sattrix Information Security Limited IPO - FAQs
Ans. Sattrix Information Security Limited IPO is a SME IPO. The issue is priced at ₹121 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Jun 5, 2024, and closes on Jun 7, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Sattrix Information Security Limited IPO opens on Jun 5, 2024 and closes on Jun 7, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Sattrix Information Security Limited IPO is 1,800,000 shares(aggregating up to ₹21.78 Cr).
Ans. The Sattrix Information Security Limited IPO price band is set between ₹121 per equity share.
Ans. To apply for Sattrix Information Security Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Sattrix Information Security Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Sattrix Information Security Limited IPO is Jun 10, 2024.
Ans. The Sattrix Information Security Limited IPO will be listed on Jun 12, 2024.
Ans. Follow the steps to check the Sattrix Information Security Limited IPO allotment status online.
