Sattrix Information Security Limited IPO (Sattrix IPO)
- IPO Date05 Jun, 2024 to 07 Jun, 2024
- Listing Date12 Jun, 2024
- Face Value₹10 per share
- Issue Price₹121 to ₹121 per share
- Lot Size1000 Shares
- Minimum Investment₹1,21,000
- Listing AtBSE SME
- Total Issue Size18,00,000 Shares
(aggregating up to ₹21.78 Cr) - Fresh Issue18,00,000 Shares
(aggregating up to ₹21.78 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue50,00,000
- Shareholding post issue68,00,000
IPO Dates
Closing Date
07 Jun, 2024
Initiation of Refunds
11 Jun, 2024
Listing Date
12 Jun, 2024
05 Jun, 2024
Opening Date
10 Jun, 2024
Basis of Allotment
11 Jun, 2024
Credit of Shares
Sattrix Information Security Limited (Sattrix ) Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The below 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 |
| B-HNI (Min) | - | - | - |
| S-HNI (Min) | 2 | 2000 | ₹2,42,000 |
| Retail (Max) | 1 | 1000 | ₹1,21,000 |
| S-HNI (Max) | - | - | - |
Sattrix Information Security Limited (Sattrix ) Promoter Holding
Mr. Sachhin Kishorbhai Gajjaer and Mrs. Ronak Sachin Gajjar are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | - |
Sattrix Information Security Limited (Sattrix ) COMPANY INFORMATION
Sattrix IPO is a fixed price issue of Rs 21.78 crores. The issue is entirely a fresh issue of 18 lakh shares. Sattrix IPO bidding started from June 5, 2024 and ended on June 7, 2024. The allotment for the Sattrix IPO is expected to be finalized on Monday, June 10, 2024. Sattrix IPO will list on BSE SME with tentative listing date fixed as Wednesday, June 12, 2024. Sattrix IPO price is ₹121 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹121,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹242,000. Isk Advisors Pvt Ltd is the book running lead manager of the Sattrix IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Sattrix IPO is Sunflower Broking. Refer to Sattrix IPO RHP for detailed information.
Sattrix Information Security Limited was founded in 2013 and develops 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 infrastructure security services provide a comprehensive overview of a modern IT infrastructure and enable better and faster threat detection, response and mitigation, using different technologies best suited to each organization.
- Hybrid IT services and solutions: On-premise and cloud infrastructures to meet the diverse needs of organizations and achieve agility, compliance and efficiency.
- Managed Security Services (MSS): Vulnerability Management, SOC (Incident Response), Endpoint Detection & Response (Managed EDR), Helpdesk / Tech Support, IT Infrastructure Security and Cybersecurity Compliance Services.
As of October 2023, the company had 145 employees on its payroll.
FAQs About Sattrix Information Security Limited Ipo (Sattrix Ipo)
Sattrix Information Security Limited IPO (Sattrix IPO) will open on 05 Jun, 2024 and close on 07 Jun, 2024. Investors must apply within this period to participate.
The Sattrix Information Security Limited IPO (Sattrix IPO) price band is set between ₹121.00 and ₹121.00 per share. The minimum lot size is 1000, requiring an investment of at least ₹121000.00.
The Sattrix Information Security Limited IPO (Sattrix IPO) shares are expected to be listed on 12 Jun, 2024, subject to regulatory approvals and final allotment.
You can track your Sattrix Information Security Limited IPO (Sattrix IPO) application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Sattrix Information Security Limited IPO (Sattrix IPO) will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.