Sattrix Information Security Limited, a leading provider of IT and Cyber Security Solutions, is thrilled to announce the opening of its Initial Public Offering (IPO) on the BSE SME platform on June 5, 2024. Mark your calendars, as the IPO, priced at ₹121 per share, will be available for subscription until June 7, 2024.
We are delighted to invite retail investors to participate in our growth journey with a minimum investment of ₹1,21,000. High-net-worth individuals (HNIs) and non-institutional investors (NIIs) can invest a minimum of 2,000 shares and in multiples thereof, with no upper limit on their investment. Sattrix’s SME IPO opens doors to retail and high-net-worth investors to participate in its growth journey.
The funds raised through the IPO will be utilized for strategic initiatives, including technological enhancements, research and development of new solutions, and the expansion and enhancement of our Security Operations Centers (SOC) and Network Operations Centers (NOC).
Established in 2013, Sattrix Information Security Limited has grown to become a distinguished IT and cybersecurity solution provider, serving enterprises in India, the USA, and the Middle East. Our range of services, including Assessments & Advisory, Professional Services, and Managed Security services, are designed to align with the business needs and cyber security goals of our clients.
“We are incredibly humbled and excited to offer this opportunity to investors, as it marks an important milestone for Sattrix,” said Sachhin Gajjaer, Founder and Managing Director of Sattrix Information Security Limited. “This IPO represents not just a new chapter for our company but a testament to the trust and support we have received. We are hopeful that this step will enable us to continue our journey of growth and innovation, and we look forward to welcoming investors to be a part of our exciting future.”
In the fiscal year 2023, we achieved remarkable growth, with a 60.76% increase in revenue and an 86.86% rise in profit after tax (PAT), showcasing our strong market position and operational excellence.
Join us as we embark on this exciting new chapter and become part of our success story!
