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Sattrix Information Security IPO IPO

SME5 Jun 20247 Jun 2024
Open
5 Jun 2024
Close
7 Jun 2024
3
Allotment
Listing
Wed, Jun 12, 2024
Price Band
₹121 per share
Issue Size
18,00,000 shares (agg. up to ₹22 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, Jun 12, 2024
Latest GMP
₹35
Est. Gain
28.93%
✦ AI Insight

GMP Trend

12-06-202435Est. ₹156+28.93%
11-06-202435Est. ₹156+28.93%
10-06-202419Est. ₹140+15.7%

Live Subscription

CategorySubscription (times)
Total71.21x

Restated Financials (₹ Cr.)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets24.6225.6714.499.50
Total Income30.6237.7623.4921.20
Profit After Tax2.514.002.141.94
NET Worth14.4711.947.775.57
Reserves and Surplus9.4711.937.765.56
Total Borrowing3.851.952.360.45
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
3C IT Solutions & Telecoms (India) Ltd.SME₹11.44 Cr₹525.86₹45.16-13.15%₹17.84 (+9.78%)
Enser Communications Ltd.SME₹16.17 Cr₹7028.02₹70.10+0.14%₹12.45 (-1.58%)
Enfuse Solutions Ltd.SME₹22.44 Cr₹9621.35₹115.45+20.26%₹162.35 (-2.78%)
Euphoria Infotech (India) Ltd.SME₹9.60 Cr₹10014.97₹181.51+81.51%₹28.00 (+2.19%)
Benchmark Computer Solutions Ltd.SME₹12.24 Cr₹6616.3₹77.12+16.85%₹42.37 (-5.00%)
ROX Hi-Tech Ltd.SME₹54.49 Cr₹839.11₹141.75+70.78%₹37.80 (+5.00%)
Synoptics Technologies Ltd.SME₹54.04 Cr₹23725.32₹226.10-4.60%₹73.65 (+2.01%)
Veefin Solutions Ltd.SME₹46.73 Cr₹8241.41₹90.22+10.02%₹314.10 (+1.24%)
BLS E-Services Ltd.Mainboard₹309.29 Cr₹13544.31₹366.00+171.11%₹274.37 (+2.07%)
Tata Technologies Ltd.Mainboard₹3,042.51 Cr₹50032.53₹1,313.00+162.60%₹758.05 (-0.95%)
Protean eGov Technologies Ltd.Mainboard₹489.95 Cr₹79229.91₹883.00+11.49%₹581.90 (-1.18%)
Zaggle Prepaid Ocean Services Ltd.Mainboard₹563.38 Cr₹16466.67₹158.35-3.45%₹209.61 (-0.55%)
Netweb Technologies India Ltd.Mainboard₹631.00 Cr₹50059.67₹910.40+82.08%₹4,244.30 (-1.35%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Capital Expenditure: (a) To meet out expenses for Purchasing Furniture, fixture & air conditioning for new office at Ahmedabad2.52
2Capital Expenditure: (b) To purchase and Installation of IT equipment, computer hardware, server, SAN storage, CCTV cameras, video conferencing equipment, networking (LAN) and other equipment2.18
3Business Expansion Cost : (a) Development of New Product & Technology7.56
4Business Expansion Cost : (b) Other business expansion cost2.12
5Additional Working Capital Requirement2.50
6General Corporate Purpose2.92

About Sattrix Information Security IPO

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.+ Read More

Contact Details

Sattrix Information Security Ltd. Address28, Damubhai ColonyBhattha PaldiAhmedabad, Gujarat, 380007+91- 87358 25247cs@sattrix.comVisit Website