Sattrix Information Security Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹121 - ₹121
- Lot size
- 1,000 shares
- Issue amount
- ₹21.78 cr
- Total subscription
- 70.5×
- Opens
- 5 Jun 2024
- Closes
- 7 Jun 2024
- Allotment
- 10 Jun 2024
- Listing
- 12 Jun 2024
Offer at a glance
Issue overview
- Issue size
- 18,00,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,21,000
- Fresh issue
- ₹21.78 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,21,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 50,00,000
- Shares after issue
- 68,00,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,21,000 |
| HNI | 2 | 2,000 | ₹2,42,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 10.33 | 390.15 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 5.01 | 8 | 4.28 |
| ROE | 18.99 | 40.61 | 32.11 |
| ROCE | 20.93 | 42.67 | 28.59 |
| RONW | 17.33 | 33.51 | 27.58 |
| PRE IPO(PE) | 5.07 | 0 | 0 |
| POST IPO(PE) | 15.12 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Strengths
- Qualified and Skilled Team: Sattrix Information Security Limited has a team of experienced professionals who deliver expert and dependable cyber security solutions.
- Serving Diverse Industries: The company works with clients from different industries, offering customized cyber security solutions to meet their specific needs.
- Smart and Adaptive Approach: Sattrix stays ahead of threats by using the latest technology and quickly adapting to changing client requirements.
Risk factors
- 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.
- 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.
- 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.
Promoters
Mr. Sachhin Kishorbhai Gajjaer
Mrs. Ronak Sachin Gajjar
Registrar & documents
Lead manager
Isk Advisors Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
28, Damubhai Colony, Bhattha Paldi, Ahmedabad - 380007
+91- 87358 25247
[email protected]Company website ↗Understanding SATTRIX IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.