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Sattrix Information Security Ltd
Registered Office:
# 28 Damubhai Colony,Bhattha Paldi, Ahmedabad - 380007, Gujarat, India.
Email :  cs@sattrix.com
Website :  www.sattrix.com
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.
Issue
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
()(Cr.) Lead Managers to the Issue
Project Cost () 19.80 ISK Advisors Pvt Ltd
Project Financed through Current Offer () 21.78  
Post Issue Equity Share Capital () 6.80  
Issue Price () 121.00  
Projects
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
BSE - SME
Registrar to the Issue