
Information Technology · BSE
Sattrix Information Security Limited, established in 2013, specializes in creating customized cyber security solutions for both cloud and on-premise systems. They offer a wide range of services, including vulnerability assessments, penetration testing, anti-phishing solutions, and application security. The company also helps businesses manage their IT infrastructure, improving threat detection and response with advanced technologies tailored to each organization's needs. Sattrix provides hybrid IT solutions to ensure agility, compliance, and efficiency across cloud and on-premise platforms. Their Managed Security Services (MSS) cover vulnerability management, incident response, endpoint detection, tech support, IT security, and cybersecurity compliance. As of October 2023, Sattrix had 145 professionals dedicated to protecting their clients' digital assets.
Price Band
₹121
Issue Size
₹21.78 Cr
Lot Size
1000 shares
GMP
+28.9%
Est. Listing
₹156
at current GMP
Subscribed
70.50x
overall
Open
5 Jun 2024
Close
7 Jun 2024
Allotment
10 Jun 2024
Refund
11 Jun 2024
Demat Credit
12 Jun 2024
Listing
12 Jun 2024
Overall Subscription
70.50x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
103.24x
High Net-Worth
Retail (RII)
37.76x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 854,000 | 88,168,000 | 103.24x |
| RETAIL | 854,000 | 32,244,000 | 37.76x |
| Total | 1,708,000 | 120,412,000 | 70.50x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 630 | 23,789 | 37.76x |
| HNIs (10L +) | 4 | 413 | 103.24x |
| HNIs (2-10L) | 19 | 1,962 | 103.24x |
| Total Applications | 653 | 26,164 | 40.07x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Sattrix Information Security Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹21.78 Crores. The shares are offered at a price band of ₹121 to ₹121 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,21,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-12, while un-allotted funds or UPI block mandates will be released on 2024-06-11.
The latest Grey Market Premium (GMP) for Sattrix Information Security Limited IPO is ₹35 per equity share. Based on the upper price band of ₹121 to ₹121 per equity share, the estimated listing price is ₹156 (+28.9% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹35, the expected profit per application lot is approx ₹35,000 (+28.9% gain). Minimum application cost is approx ₹1,21,000.
The Sattrix Information Security Limited IPO aggregate issue size is ₹21.78 Crores with an equity price band set at ₹121 to ₹121 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,21,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 70.50x (Retail: 37.76x, QIB: 0.00x, NII: 103.24x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-06-10. Investors can verify status using PAN card or application number.
Sattrix Information Security Limited shares are scheduled to list on BSE on 2024-06-12.