Sattrix Information Security SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Sattrix Information Security IPO. Explore Sattrix Information Security IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Sattrix Information Security Limited, incorporated on September 16, 2013, is a provider of cybersecurity solutions. The company specializes in developing customer-centric cybersecurity services to safeguard enterprises in India, the USA, and the Middle East against unauthorized access and security threats. With a decade of experience, Sattrix has established itself as a trusted partner, offering end-to-end solutions that include vulnerability assessments, penetration testing, IT infrastructure security, managed security services, and more. The company aims to deliver agile cybersecurity solutions that adapt to the evolving needs of its clients, ensuring robust data protection and secure business processes.
Key Points:
- Service Offerings:
- Assessment Services:
- Vulnerability Assessment: Identifies security risks and provides awareness of potential threats.
- Penetration Testing: Helps minimize the frequency of penetration tests and advises on building secure environments.
- Red Teaming: Simulates real-life attacks to test the defense readiness of internal security teams.
- Anti-Phishing Solutions: Emulates phishing attacks to identify risks and train users.
- Application Security Services: Provides dynamic application security testing to prevent vulnerabilities.
- IT Infrastructure Management:
- Offers consulting services to secure IT infrastructure using technologies like threat analytics, SIEM, UEBA, DAM, PAM, SSO, EDR, and SOC.
- Hybrid IT Services & Solutions:
- Provides on-premise and cloud infrastructure solutions to meet business needs for agility, compliance, and efficiency.
- Managed Security Services (MSS):
- Vulnerability Management: Continuous identification and patching of vulnerabilities.
- SOC (Incident Response): Monitors and responds to security threats.
- Endpoint Detection & Response (Managed EDR): Real-time monitoring and mitigation of endpoint-related risks.
- Help Desk / Tech Support: Manages helpdesk services to resolve IT issues.
- IT Infrastructure Security: Manages security solutions for entire IT infrastructure.
- Cybersecurity Compliance Services: Monitors and reports on cybersecurity compliance.
- Assessment Services:
Objects of the Issue
- Capital Expenditure: (a) To meet out expenses for Purchasing Furniture, fixture & air conditioning for new office at Ahmedabad (b)To purchase and Installation of IT equipment, computer hardware, server, SAN storage, CCTV cameras, video conferencing equipment, networking (LAN) and other equipment
- Business Expansion Cost: (a) Development of New Product & Technology (b) Other Business Expansion Cost
- Additional Working Capital Requirement
- General Corporate Purpose.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 05 Jun - 07 Jun 2024 |
| IPO Price Band | ₹ 121 per share |
| Fresh Issue | Upto 18,00,000 Shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹ 21.78 crore |
| Face Value | ₹ 10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 05 Jun 2024 |
| IPO Closing Date | 07 Jun 2024 |
| Basis Of Allotment | 10 Jun 2024 |
| Refunds | 11 Jun 2024 |
| Demat Transfer | 11 Jun 2024 |
| IPO Listing Date | 12 Jun 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | 21.20 | 23.49 | 37.76 | 30.62 |
| Total Expenses | 18.43 | 20.81 | 32.24 | 27.04 |
| Net Profit/Loss | 1.94 | 2.14 | 4.00 | 2.51 |
| NPM (*) | 9.18 | 9.34 | 10.93 | 8.26 |
| Total Assets | 9.50 | 14.49 | 25.67 | 24.62 |
| Total Liabilities | 3.93 | 6.73 | 13.73 | 10.15 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | 3.88 | 4.28 | 8.00 | 5.01 |
| ROE (%) | 42.39 | 32.11 | 40.61 | 18.99 |
| ROCE (%) | 50.43 | 28.59 | 42.67 | 20.93 |
| D/E Ratio | NA | NA | 0.16 | 0.27 |
| Current Ratio | 1.83 | 1.78 | 1.64 | 1.87 |
| EBITDA MARGIN (%) | 15.58 | 11.59 | 13.39 | 12.36 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Sattrix Information Security Ltd | 36.59 | 15.12 | 8.00 | 40.61 | 23.88 |
| Systango Technologies Limited | 52.34 | 19.79 | 12.76 | 22.70 | 42.02 |
| Dev Information Technology Ltd. | 124.16 | 29.41 | 4.08 | 21.71 | 18.78 |
| TAC Infosec Limited | 10.00 | 71.70 | 6.63 | 66.05 | 10.04 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 87.88 |
| Retail Individual Investor (RII) | 37.76 |
| Total | 70.44 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- MR. SACHHIN KISHOREBHAI GAJJAER
- MRS. RONAK SACHIN GAJJAR
Lead Managers
- ISK ADVISORS PRIVATE LIMITED
Company Address
Sattrix Information Security limited
28, Damubhai Colony, Bhattha Paldi, Ahmedabad- 380007 Gujarat, India
Phone: +91 87358 25247
Email: cs@sattrix.com
Website: www.sattrix.com
FAQs
- What is the issue size of the Sattrix Information Security SME IPO?The Sattrix Information Security SME IPO has an issue size of ₹ 21.78 crore. This includes a fresh issue of Upto 18,00,000 Shares and an offer for sale (OFS) of NIL.
- What is the price band of the Sattrix Information Security IPO?The price band for the Sattrix Information Security IPO is ₹ 121 per share.
- What are the bidding dates for the Sattrix Information Security IPO?The Sattrix Information Security IPO will open for bidding on 05 Jun 2024 and close on 07 Jun 2024.
- What is the allotment date for the Sattrix Information Security IPO?The allotment date for the Sattrix Information Security IPO is 10 Jun 2024.
- What is the listing date for the Sattrix Information Security IPO?The listing date for the Sattrix Information Security IPO is 12 Jun 2024.
- What is the Sattrix Information Security IPO grey market premium?The grey market premium (GMP) for the Sattrix Information Security IPO is currently at ₹35, with an expected listing gain of approximately 28.93%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.