Sattrix Information Security Ltd

Sattrix Information Security Ltd IPO

Sattrix Information Security Ltd IPO Price Range is ₹121 - 121, with a minimum investment of ₹1,21,000 for 1000 shares.

₹1,21,000

/ 1000 shares

Minimum Investment

View Sattrix Information Security Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹121 - 121

Open Date

2024-06-05

Close Date

2024-06-07

IPO Size

₹21.78 Cr

Lot Size

1000 shares

Min Investment

₹1,21,000

Listing Exchange

BSE

Sattrix Information Security Ltd IPO Application Timeline

passed
Open Date5 Jun 2024
passed
Close Date7 Jun 2024
passed
Allotment Date10 Jun 2024
passed
Listing Date12 Jun 2024

Strengths and Risks

Strengths

Strengths

  • Qualified and Experienced Promoters & Employees.

  • Diversified Client Base.

  • Proactive approach to provide Cyber security solutions using modern technology and adaptive to changing requirement of the client.

  • Geographical presence in growing markets like Middle east and North America.


Risks

Risks

  • If the company cannot attract and retain highly-skilled IT professionals, its ability to obtain, manage and staff new projects and to continue to expand existing projects may result in loss of revenue and an inability to expand its business.

  • its business subjects it to risks in multiple countries where subsidiary companies and its customers are situated.

  • Its Industry is highly employee intensive industry. Thus, Employees Benefit expenses constitutes a major portion of its expenses. Such significant increase in this cost could lead to lower profitability.

  • its present promoters of the Company are first generation entrepreneur.

  • Its business is dependent on a few customers and the loss of, or a significant reduction in award of contracts by such customers could adversely affect our business.

  • The Company does not own the Registered Office, Administrative office and Branch office from which it carries out its business activities.

  • Significant security breaches in its software, data and network infrastructure and fraud could adversely impact its business.

  • The Company may be liable as per Service Level Agreement (SLA) with its clients for defaults caused while providing services to its clients which may attract penalties, harm its reputation and cause it to lose clients.

  • The Company is subject to certain obligations towards its clients, and a failure to comply with the technical specifications may lead to loss of business from such clients and could negatively impact its reputation, business prospects, results of operations, financial condition, and cash flows.

  • The Company has experienced negative operating cash flows in the past. Any operating losses or negative cash flows in the future could adversely affect its results of operations and financial conditions.

How to Apply for Sattrix Information Security Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Sattrix Information Security Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Sattrix Information Security Ltd

Sattrix Information Security Limited is in the business to develop customer-centric cybersecurity solutions to protect customers from cyber-attacks. The company offers Managed Security Services, Assessments &Advisory, and Professional Services tailored to customers needs. The expert team of the company provides monitoring, proactive threat detection, and rapid response. From vulnerability assessments to incident response, the company has niche services offerings in cyber security domain. The companysobjective is to safeguard customers organization against evolving cyber threats. Sattrix aim to deliver end-to-end cybersecurity services to enterprises in India, Middle East (UAE) and USA region.

Frequently Asked Questions of Sattrix Information Security Ltd IPO

What is the size of the Sattrix Information Security Ltd IPO?

The size of the Sattrix Information Security Ltd IPO is ₹21.78 Cr.

What is the allotment date of the Sattrix Information Security Ltd IPO?

Sattrix Information Security Ltd IPO allotment date is Jun 10, 2024 (tentative).

What are the open and close dates of the Sattrix Information Security Ltd IPO?

The Sattrix Information Security Ltd IPO will open on Jun 5, 2024 and close on Jun 7, 2024

What is the lot size of Sattrix Information Security Ltd IPO?

The lot size for the Sattrix Information Security Ltd IPO is 1000.

When will my Sattrix Information Security Ltd IPO order be placed?

Your Sattrix Information Security Ltd IPO order will be placed on Jun 5, 2024

Can we invest in Sattrix Information Security Ltd IPO?

Yes, once Sattrix Information Security Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Sattrix Information Security Ltd IPO?

The potential listing gains on the Sattrix Information Security Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Sattrix Information Security Ltd IPO?

'Pre-apply' for Sattrix Information Security Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.