Sattrix Information Security Limited IPO

Sattrix Information Security Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹121 per share. The stock debuted at ₹150, delivering a listing gain of 24.0%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,21,000.

Sattrix Information Security Limited IPO

BSE SME Listed
₹1,21,000 (1000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jun 5, 2024 – Jun 7, 2024
Price band
₹121 per equity share
Minimum Investment
₹1,21,000
Issue size
₹21.78 Cr
Lot size
1000
Allotment Date
Jun 10, 2024
Listing
Jun 12, 2024
Listing At
BSE SME

IPO timeline

  1. Jun 5, 2024

    Open Date

    Completed

  2. Jun 7, 2024

    Close Date

    Completed

  3. Jun 10, 2024

    Allotment Date

    Completed

  4. Jun 12, 2024

    Listing Date

    Completed

Sattrix Information Security Limited IPO Essentials

Sattrix Information Security Limited IPO Details

Sattrix Information Security Limited IPO is priced at ₹121 per share with a total issue size of 21.78 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.

Issue price
₹121 per equity share
Lot size
1000 shares
Face value
₹10 Per Equity Share
Issue size
1,800,000 shares(aggregating up to ₹21.78 Cr)
Total issue size
18,00,000 shares
(aggregating up to ₹21.78 crore)
Fresh issue
18,00,000 shares
(aggregating up to ₹21.78 crore)
Listing at
BSE SME
List price
150.0
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Isk Advisors 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 Documents

Sattrix Information Security Limited IPO Reservation

Sattrix Information Security Limited IPO reservation details show category-wise allocation of shares. Out of the total 1,800,000 shares, approximately 47.44% for retail investors, and 5.11% for market maker.

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 Analytics

Sattrix Information Security Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Sattrix Information Security Limited IPO Subscription Status

Sattrix Information Security Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

Earnings

EPS Pre IPO
₹8/-
EPS Post IPO
₹5.46/-
P/E Pre IPO
15.12
P/E Post IPO
22.18

Returns

ROE
18.99%
ROCE
20.93%
RoNW
17.33%
PAT Margin
8.26

Fundamentals

Debt / Equity
0.27
Price / Book
5.07

Data sourced from DRHP / RHP • For educational purposes only

Sattrix Information Security Limited Financials( In Lakhs)

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

Sattrix Information Security Limited Company & Offer Insights

About Sattrix Information Security Limited

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 are the company's promoters of Sattrix Information Security Limited.

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:

  1. P/E Ratio is based on the closing CMP of the respective scrips divided by the basic EPS.
  2. 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.
  3. RoNW has been computed as net profit after tax divided by closing net worth.

Contact Information

Contact Details

Sattrix Information Security Limited

+91- 87358 25247

cs@sattrix.com

http://www.sattrix.com/

28, Damubhai Colony, Bhattha Paldi, Ahmedabad - 380007

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Sattrix Information Security Limited IPO is a Fixed Priced IPO worth ₹21.78 crore. The issue price is ₹121 per share (fixed price). The IPO opens on Jun 5, 2024 and closes on Jun 7, 2024. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The issue price of Sattrix Information Security Limited IPO is ₹121 per share (fixed price).

The lot size of Sattrix Information Security Limited IPO is 1000 shares.

The minimum investment for Sattrix Information Security Limited IPO is approximately ₹1,21,000 based on the issue price .

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

The allotment date of Sattrix Information Security Limited IPO is Jun 10, 2024.

Sattrix Information Security Limited IPO is expected to be listed on Jun 12, 2024, on BSE SME Platform.

Sattrix Information Security Limited IPO valuation snapshot: P/E 22.18, EPS ₹5.46/-, P/B 5.07, RoNW 17.33%, and market cap N/A.

To apply for Sattrix Information Security Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Sattrix Information Security Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Sattrix Information Security Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Sattrix Information Security Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sattrix Information Security Limited IPO allotment status on IPO Ji for quick and easy access.