Sattrix Information Security IPO: What Investors Should Know?

Sattrix Information Security IPO is open for subscription starting Wednesday, June 5, 2024, and closing on Friday, June 7, 2024. The price of this upcoming IPO is decided at Rs 121 per share. The minimum lot size set for the retail category is 1000 shares.   

Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 1000 shares. The minimum investment required for retail category investors is Rs 1,21,000 (121 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,42,000 (121 x 2000 shares). Sattrix Information Security IPO is a fixed price issue of Rs 21.78 crores. This upcoming IPO is an entirely fresh issue of 18 lakh equity shares. The allotment for this new IPO is expected to be finalised on Monday, June 10, 2024. Sattrix Information Security IPO will be listed on NSE SME, and the listing date is fixed on Wednesday, June 12, 2024. The book-running lead manager of Sattrix Information Security IPO is Isk Advisors Private Limited. The registrar for this IPO is Bigshare Services Private Limited. The market maker of this issue is Sunflower Broking.  

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About Sattrix Information Security Limited 

Sattrix Information Security IPO is open for subscription starting Wednesday, June 5, 2024, and closing on Friday, June 7, 2024. The price of this upcoming IPO is decided at Rs 121 per share. The minimum lot size set for the retail category is 1000 shares.   

Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 1000 shares. The minimum investment required for retail category investors is Rs 1,21,000 (121 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,42,000 (121 x 2000 shares). Sattrix Information Security IPO is a fixed price issue of Rs 21.78 crores. This upcoming IPO is an entirely fresh issue of 18 lakh equity shares. The allotment for this new IPO is expected to be finalised on Monday, June 10, 2024. Sattrix Information Security IPO will be listed on NSE SME, and the listing date is fixed on Wednesday, June 12, 2024. The book-running lead manager of Sattrix Information Security IPO is Isk Advisors Private Limited. The registrar for this IPO is Bigshare Service 

Objective of Sattrix Information Security IPO 

The funds raised from this initial public offer for meeting the expenses for purchasing furniture and fixtures and air conditioning for a new office at Ahmedabad. Also to purchase the installation of computer equipment, computer hardware, server, CCTV cameras and other equipment. The remaining funds will be used for development of new products and technology and business expansion. 

Financials of Sattrix Information Security Limited (Amt in Rs Lakhs)  

Sattrix Information Security posted a revenue of Rs 3,061.61 lakhs and net profit of Rs 250.71 lakhs for the period ended on 31 December 2023. However, at the end of 31 March 2023, the company reported a revenue of Rs 3,775 lakhs and PAT of Rs 400.12 lakhs. The revenue increased by 60.76% and PAT increased by 86.86% between the FY ending on 31 March 2023 and 31 March 2022.  

Other Important Details of Sattrix Information Security IPO 

Time-Table of Sattrix Information Security IPO 

Lot Size of Sattrix Information Security IPO  

IPO Reservation of Sattrix Information Security Limited 

Key Performance Indicator of Sattrix Information Security Limited IPO 

The market capitalization of Sattrix Information Security is Rs 82.28 crore. 

EPS and P/E Ratio Post IPO 

Promoters of Sattrix Information Security Limited and Their Holdings 

The promoters of Sattrix Information Security company are Mr. Sachhin Kishorbhai Gajjaer and Mrs. Ronak Sachin Gajjar. 

Lead Manager(s) of Sattrix Information Security IPO 

The lead manager for Sattrix Information Security IPO is Isk Advisors Private Limited. 

How do you apply for the Sattrix Information Security IPO? 

Wait for the public issue to open for subscription, then click here to apply for the Sattrix Information Security Limited IPO with Bigul. 

How do you check the allotment status of Sattrix Information Security IPO? 

Bigshare Services Private Limited is the registrar for Sattrix Information Security IPO. To check your allotment status, please click here. 

FAQs 

1. What are the details of Sattrix Information Security IPO? 

Sattrix Information Security IPO is a fixed price issue of Rs 21.78 crores. This upcoming IPO is an entirely fresh issue of 18 lakh equity shares. The allotment for this new IPO is expected to be finalised on Monday, June 10, 2024. 

2. Who are the lead managers for the Sattrix Information Security Limited IPO? 

Isk Advisors Private Limited is appointed as the lead manager for the IPO. 

3. What is the role of Bigshare Services Private Limited in this IPO? 

Bigshare Services Private Limited is the registrar for Sattrix Information Security Limited, handling the IPO's administrative aspects. 

4. How can I apply for the Sattrix Information Security IPO? 

The public subscription of this new IPO will open on June 5, 2024. Click here to initiate the application process. 

5. How will the net proceeds from the IPO be utilised? 

The funds raised from this initial public offer for meeting the expenses for purchasing furniture and fixtures and air conditioning for a new office at Ahmedabad. Also to purchase the installation of computer equipment, computer hardware, server, CCTV cameras and other equipment.  

6. How can I check the allotment status of the IPO? 

Investors who applied can check the allotment status of the Sattrix Information Security Limited IPO by visiting here. For further updates follow Bigul.  

7. What is the financial performance of Sattrix Information Security Limited? 

Sattrix Information Security posted a revenue of Rs 3,061.61 lakhs and net profit of Rs 250.71 lakhs for the period ended on 31 December 2023. However, at the end of 31 March 2023, the company reported a revenue of Rs 3,775 lakhs and PAT of Rs 400.12 lakhs.  

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