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Sattrix Information Security Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹121
Per Share
GMP
NIL
Grey Market
Est. Listing
₹121
Expected Price
Min. Application
₹242,000
2 lots × 1000 shares
IPO Issue Details
Issue Price / Price Band₹121 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size18,00,000 shares (aggregating up to ₹21.78 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 05 Jun 2024
Subscription CloseFri, 07 Jun 2024
Anchor AllotmentTue, 04 Jun 2024
Basis of AllotmentMon, 10 Jun 2024
Initiation of RefundsTue, 11 Jun 2024
Credit of Shares to DematTue, 11 Jun 2024
Listing DateWed, 12 Jun 2024
UPI Mandate Deadline2024-06-07
Application & Investment Details
Retail — Min (1 Lots)₹1,21,000 — 1,000 shares
Retail — Max (13 Lots)₹1,573,000 (13 Lots)
HNI — Min (2 Lots)₹2,42,000 — 2,000 shares
EPS (Pre-IPO)₹8.00
EPS (Post-IPO)₹5.46
P/E Ratio (Pre-IPO)15.12x
P/E Ratio (Post-IPO)22.18x
Net Offer to Public17,08,000 shares (aggregating up to ₹20.67 Cr)
Reserved for Market Maker92,000 shares (aggregating up to ₹1.11 Cr)
Pre-IPO Promoter Holding50,00,000 shares
Post-IPO Promoter Holding68,00,000 shares
About Sattrix Information Security Ltd

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.

Objects of the Issue

Sattrix Information Security Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Capital Expenditure: (a) To meet out expenses for Purchasing Furniture, fixtures & air conditioning for a new office at Ahmedabad (b)To purchase and Installation of IT equipment, computer hardware, server, SAN storage, CCTV cameras, video conferencing equipment, networking (LAN) and other equipment
2
Business Expansion Cost: (a) Development of New Products & Technology (b) Other Business Expansion Cost
3
Additional Working Capital Requirement
4
General Corporate Purpose
Shareholding & Lock-in
Pre-IPO Promoter Holding 50,00,000 shares
Post-IPO Promoter Holding 68,00,000 shares
Check AllotmentCheck Status →
Sattrix Information Security Ltd — Live Price LIVE
₹121.00
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Issue ₹121.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹121
GMPNIL
Est. Listing₹121
Lot Size1,000 shares
Min Amount₹242,000
Listing Date12 Jun 2024
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹121
Listing Date12 Jun 2024
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 92,000 ₹1.11 Cr
TOTAL 1,800,000 100.00% ₹21.78 Cr
* Based on ₹121.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,000
Shares
Issue Price
₹121.00
Per Share
Min Investment
₹121,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,000 ₹121,000
Retail (Max) 13 13,000 ₹1,573,000
sNII (Min) 14 14,000 ₹1,694,000
bNII (Min) 68 68,000 ₹8,228,000
Company Financials — Restated Consolidated (Amount in ₹ Lakhs)
Particulars31 Dec 202331 Mar 202331 Mar 2022
Revenue from Operations 3061.61 3775.65 2348.69
EBITDA N/A N/A N/A
Profit After Tax (PAT) 250.71 400.12 214.13
Net Worth 1446.96 1194.02 776.51
Total Assets 2462.28 2567.06 1449.07
Reserves & Surplus 946.96 1193.02 775.51
Total Borrowings 384.77 194.55 235.88
Key Ratios & Valuation
Issue Price ₹121
Face Value ₹10 Per Share
P/BV 5.07
RoE 18.99%
RoCE 20.93%
RoNW 17.33%
PAT Margin (%) 8.26%
EBITDA Margin (%) N/A
Debt / Equity 0.27
Company Details
Company
Sattrix Information Security Ltd
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
28, Damubhai Colony, Bhattha Paldi, Ahmedabad, Gujarat, 380007
Book Running Lead Managers
ISK Advisors Pvt.Ltd.
Book Running Lead Manager (BRLM)