Sattrix IPO

Sattrix Information Security is launching an IPO with 18,00,000 shares worth INR 21.78 cr to upgrade infrastructure, expand, develop products, increase capital, and more.

Important Details

Open Date : June 5, 2024 Close Date :  June 7, 2024 Allotment Date: June 10, 2024 Listing Date: June 12, 2024

Important Details

IPO Price: INR 121 per share Lot Size: 1000 Shares Total Issue Size: INR 21.78 crores

Fundamental Analysis

Sattrix Information Security Ltd financial analysis shows mixed performance: 1. Revenue increased year-over-year. 2. Equity consistently grew. 3. Profitability & EPS rose,RoNW declined & Total assets increased.   4. Indicates potential business growth & expansion.

Peer Comparison

1. Sattrix, Systango, Dev IT, and TAC Infosec vary in market value and earnings. 2. Dev IT has the highest valuation. 3. TAC Infosec has the highest share earnings. 4. Systango and Dev IT are more highly valued.

Objective

Sattrix Information Security Ltd main objective: 1. Strategically invest in capital expenditures. 2. Establish a new office in Ahmedabad, Upgrade IT infrastructure. 3. Expand business through new product development and technology. 4. Ensure sufficient working capital.

Risks And Challenges

Sattrix Information Security Ltd risks: 1. Dependence on hiring and retaining skilled IT professionals. 2. Exposure to global operational challenges. 3. Potential disruptions due to high attrition rates. 4. Difficulty adapting to evolving technology and market dynamics.