58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Sattrix Information Security Limited IPO (Sattrix Information Security IPO) Detail

Sattrix Information Security IPO is a book build IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Information Technology - Data Solutions sector. Isk Advisors Private is the merchant banker of Sattrix Information Security IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 13th March 2024.

Sattrix Information Security IPO open date is 5th June 2023 and close date is 7th June 2024. IPO Allotment Date is 10th June 2024 and Listing date is 12th June 2024.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

Sattrix Information Security IPO Date

Date of DRHP:
13th March 2024
IPO Allotment Date:
10th June 2024
IPO Open Date:
5th June 2023
Initiation of Refund:
11th June 2024
IPO Closing Date:
7th June 2024
IPO Listing Date:
12th June 2024

Sattrix Information IPO Info, Size, Subscription

Sattrix Information Security IPO size is Rs 21.78 Cr. crores with IPO price of Rs 121.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 21.78 Cr.

Issue Price:
₹ 121.00

Market Capitalisation :
₹ 82.28 Cr.

PE multiple :
22.18

Subscription :
70.44 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
73.53%

Sattrix Information Security IPO Information

Sub Sector : Data security solutions in the cloud
Sattrix Information Security Limited specializes in developing customer-centric cybersecurity solutions, offering end-to-end services to enterprises in India, the USA, and the Middle East (UAE). With a decade of experience, the company has built a reputation as a trusted partner in delivering a comprehensive range of cybersecurity solutions. The company helps organizations protect their data from unauthorized access and security threats, ensuring secure and smooth business processes. Sattrix designs and builds data security solutions both on cloud and on-premise, tailored to client requirements. By using the best available technologies, the company focuses on creating agile cybersecurity solutions that evolve to meet the changing needs of clients.

Object of Issue (Sattrix Information IPO Objectives)

  • Capital Expenditure: (a To meet out expenses for Purchasing Furniture, fixtures & air conditioning for a new office at Ahmedabad; (bTo purchase and Installation of IT equipment, computer hardware, server, SAN storage, CCTV cameras, video conferencing equipment, networking (LAN and other equipments)
  • Business Expansion Cost: (a Development of New Products & Technology; (b Other Business Expansion Cost
  • Additional Working Capital Requirement
  • General Corporate Purposes

Isk Advisors Private Limited is the book-running lead manager of the Sattrix Information Security IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Sunflower Broking Private Limited for Sattrix Information Security IPO.

Sattrix Information IPO Market Maker

Sunflower Broking Private Limited

Sattrix Information IPO Registrar (RTA)

Bigshare Services Private Limited

Sattrix Information IPO Lead Manager (BRLM)

Isk Advisors Private Limited

Sattrix Information Security IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Sattrix Information Security IPO?

Sattrix Information Security IPO, based in Ahmedabad, operates in the   Information Technology - Data Solutions sector with a focus on Data security solutions in the cloud. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Sattrix Information Security IPO size is ₹ 21.78 Cr. Crores with fresh issue size of Rs 21.78 Cr. Crores and Offer for sale being Nil.

When is Sattrix Information IPO allotment?

The IPO allotment date for Sattrix Information Security IPO is expected to be 10th June 2024, after the finalization of basis of allotment. Investors can check Sattrix Information Security IPO allotment status on the registrars website, Bigshare Services Private Limited. Sattrix Information Security IPO refund dates are 11th June 2024.

When is Sattrix Information Security IPO listing date?

Sattrix Information Security IPO is expected to be listed on 12th June 2024.

What is the price band for Sattrix Information IPO?

The upper price band for the Sattrix Information Security IPO is set at ₹ 121.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Sattrix Information Security IPO Review?

For IPO analysis on Sattrix Information Security IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Sattrix Information Security IPO?

To apply for the Sattrix Information Security IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 7th June 2024. After submission, funds are blocked until the basis of allotment of Sattrix Information Security IPO is finalised.

Who is the merchant banker of Sattrix Information IPO?

The merchant banker for Sattrix Information Security IPO is Isk Advisors Private Limited . Isk Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Sattrix Information Security IPO RHP for further details.

Who is the Registrar of Sattrix Information Security IPO?

The registrar for Sattrix Information Security IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Sattrix Information Security IPO through their official website or helpline.

What is the Sattrix Information Security IPO subscription?

Sattrix Information Security IPO was subscribed 70.44 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 21.78 Cr. Avg IPO Size (Sector Based) : ₹ 23.76 Cr.
  • Sector: Information Technology - Data Solutions SME IPO so far: 48
  • Merchant Banker: Isk Advisors SME IPO by BRLM so far: 47
  • City: Ahmedabad SME IPO so far: 174
  • Revenue (annualised): ₹ 40.48 cr.
            PAT: (annualised): ₹ 3.35 cr.
  • PE Ratio: 22.18x Average Sector PE Ratio: 18.61x
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FAQs

Sattrix Information Security IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Sattrix Information Security Financial Review Page

Sattrix Information Security IPO subscription was 70.44 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Sattrix Information Security IPO listed at a listing price of 157.50 against the offer price of 121.00.

The current market price of Sattrix Information Security is 116.00.

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