Sattrix Information Security Ltd

Opens On Closes On
05-Jun-24 07-Jun-24
Money Payable On
Application Allotment
121.00 0.00

Minimum Application for shares in Nos : 1000 Further Multiples of : 1000

Lead Managers to the Issue
Project Cost (₹.Cr) 19.80 ISK Advisors Pvt Ltd
Project Financed through Current Offer (₹.Cr) 21.78  
Post Issue Equity Share Capital (₹.Cr) 6.80
Issue Price (₹) 121.00

To meet out expenses for purchasing furniture fixture & air conditioning for new office Ahmedabad

To purchase and installation of IT equipment computer hardware server SAN storage CCTV cameras video conferencing equipment networking LAN and other equipment

Development of new product & technology

Other business expansion cost

Additional working capital requirement

General corporate purposes

Promoted By
Sachhin Kishorebhai Gajjaer
Ronak Sachin Gajjar
Listing At
Registrar to the Issue
No Data Available
  • Registered Office: # 28 Damubhai Colony,Bhattha Paldi, Ahmedabad - 380007, Gujarat, India. Phone : +91 87358 25247   Fax:
  • Email :
  • Website
Initial public offer of upto 18,00,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Sattrix Information Security Limited (the "Company" or "SISL" or "The Issuer") for cash at a price of Rs. 121 per share (including a share premium of Rs. 111 per equity share) (the "Issue Price"), aggregating to Rs. 21.78 crores ("The Issue"), of which upto 92,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 17,08,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.47% and 25.12%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 12.10 times of the face value.