Sattrix Information Security Limited IPO

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05th – 07th Jun 2024
12 Jun 2024
₹121 – ₹121
1000 shares (₹121000)
22cr

Schedule

Issue open date 05 Jun 2024
Issue close date 07 Jun 2024
UPI mandate deadline 07 Jun 2024 (5 PM)
Allotment finalization 10 Jun 2024
Refund initiation 11 Jun 2024
Share credit 11 Jun 2024
Listing date 12 Jun 2024
Mandate end date 22 Jun 2024
Lock-in end date for anchor investors (50%) 10 Jul 2024
Lock-in end date for anchor investors (remaining) 10 Sep 2024

About

Sattrix Information Security is launching its Initial Public Offering (IPO) on June 5, 2024. The subscription period closes on June 7, 2024. The IPO is a fresh issue of 1,800,000 shares, amounting to ₹21.78 crores. Incorporated in 2013, Sattrix Information Security develops customer-centric cybersecurity solutions, mainly aiming to deliver end-to-end cybersecurity services to enterprises in India, the USA, and the Middle East (UAE).

The company provides the following list of Services:

  • Assessment Services: These include Vulnerability assessment, Penetration testing, Red teaming, Anti-phishing solutions, and Application security services.
  • IT Infrastructure Management: provide visibility across modern IT infrastructure, enabling better and faster detection, response, and block any threats, using different technologies that are best suitable for respective organizations.
  • Hybrid IT Services & Solutions: It provides on-premise and cloud infrastructure to meet varied business needs and demands to achieve agility, compliance, and efficiency.
  • Managed Security Services (MSS): These include Vulnerability Management, SOC (Incident Response), Endpoint Detection & Response (Managed EDR), Helpdesk / Tech Support, IT Infrastructure Security, and Cybersecurity Compliance Services.

Disclaimer: This stock will trade with a lot size of 1000 shares in the SME segment on the listing.


Note:

  • Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
  • The allotment status will be available by June 11, 2024, on the Registrar’s website and the NSE website.