Sattrix Information Securities IPO: Things an Investors Should Know

Sattrix Information Securities is a Fixed price issue type. An upcoming IPO of  a fresh issue size of Up to 18,00,000 Equity Shares. The price band and lot size for the Sattrix Information Securities IPO has not yet announced. The opening and closing date for the subscription will be announced in upcoming time. The lead manager(s) of Sattrix Information Securities are ISK Advisors Pvt Ltd whereas Bigshare Services Private Ltd. is decides as the registrar for Sattrix Information Securities IPO. The listing will be on only at BSE (Bombay Stock Exchange).

About Sattrix Information Securities Ltd.

Sattrix Information Security Limited is in the business to develop customer-centric cyber security solutions, they aim to deliver end-to-end cybersecurity services to enterprises in the India, USA and Middle East (UAE). With a decade of experience, the company has established themselves as a trusted partner in providing a comprehensive range of cyber security solutions. They help organizations to protect their data from unauthorized access against and protect against security threats. Our data security solutions aim to eliminate data privacy risks to make business processes secure and run smoothly. They design and build data security solutions on cloud and on-premise based on the client requirement. They use best available technologies to develop cyber security solution, our aim is to develop agile cyber security solution which helps in constant upgrade and our solutions adopt to the changing requirement of the client.

Utilization of Sattrix Information Securities Offer Proceeds

The objectives of the Net proceeds are aiming at raising funds for various essential purposes. Capital expenditure is allocated for the acquisition of furniture, fixtures, and air conditioning required for the establishment of a new office in Ahmedabad, next funds are earmarked for the procurement and installation of IT equipment, computer hardware, servers, SAN storage, CCTV cameras, video conferencing equipment, networking (LAN), and other necessary infrastructure. Furthermore, funds will be allocated towards business expansion costs, including the development of new products and technologies, as well as other associated expansion expenses. Next, provisions are made for addressing additional working capital requirements crucial for sustaining operational activities. Lastly, funds are allocated for general corporate purposes to support various ongoing needs and initiatives essential for organizational growth and stability.

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Financial Performance of Sattrix Information Securities Ltd (In Rs Lakhs)

The Company reported its net revenue of 2,771.5 Lakhs and Profit after Tax of 216.42 Lakhs on latest report as on October 31, 2024.

Important Details of Sattrix Information Securities IPO 2024

IPO Reservation of Sattrix Information Securities IPO

Key Performance Indicator of Sattrix Information Securities Ltd.

Promoter Holding of Sattrix Information Securities Ltd.

Promoters of the Sattrix Information Securities Ltd

Sattrix Information Securities Ltd. is a professionally managed by Mr. Sachhin Kishorebhai Gajjaer and Mrs. Ronak Sachin Gajjar.

Lead Manager(s) of Sattrix Information Securities Ltd

The lead manager(s) of Sattrix Information Securities are ISK Advisors Pvt Ltd.

How to Apply for Sattrix Information Securities IPO

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

How to Check Allotment Status of Sattrix Information Securities IPO

The registrar for Sattrix Information Securities IPO is Bigshare Services Pvt Ltd. Investors can check out the allotments status by clicking here.

FAQs

1.    When is the IPO scheduled to open and close?

Sattrix Information Securities IPO opening and closing date are yet to be disclosed.

2.    What will be the price band for the IPO?

Sattrix Information Securities IPO IPO price band is not yet disclosed.

3.    How has Sattrix Information Securities Ltd. performed financially?

The Company reported its net revenue of 2,771.5 Lakhs and Profit after Tax of 216.42 Lakhs on latest report as on October 31, 2024.

4.    What are the key performance indicators of Sattrix Information Securities Ltd.?

Key performance indicators include a Return on Net Worth of 33.51% as of October 31, 2023, Profit after Tax margin is 7.87% and EBITA Margin is reported as 11.90%.   

5.    How can I apply for the Sattrix Information Securities IPO?

Once the Sattrix Information Securities IPO opens, you can apply for it by clicking here with us on bigul.

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

Investors can check their allotment status of the Sattrix Information Securities IPO by visiting here.

7.    Who are the promoters of Sattrix Information Securities ltd.?

Sattrix Information Securities Ltd. is a professionally managed by Mr. Sachhin Kishorebhai Gajjaer and Mrs. Ronak Sachin Gajjar.

8. Where will the IPO be listing at?

The IPO will be listed on the BSE (Bombay Stock Exchange).

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