Sattrix Information Security IPO to open on June 5; price band set at ₹121 apiece
₹121 apiece. The IPO lot size for Sattrix Information is 1,000 shares.By buying 1,000 shares at ₹121 apiece, retail investors can invest a minimum of ₹1,21,000 and a maximum of ₹1,21,000.
Non-institutional investors (NIIs) and high net worth individuals (HNIs) must invest a minimum of 2,000 shares, and in multiples of that number, up to ₹2,42,000, with no maximum investment amount. Retail and high-net-worth investors can now join Sattrix on its growth path as a result of its SME IPO.According to the Red Herring Prospectus (RHP), Sattrix Information Security Limited was founded with the goal of providing end-to-end cybersecurity services to businesses in the Middle East (UAE), India, and the United States.
Our mission is to build customer-centric cyber security solutions. With ten years of expertise, the business has made a name for itself as a reliable resource for a wide range of cyber security solutions.Also Read: Kronox Lab Sciences IPO: GMP, review, subscription status, other details.
Apply or not?The company assists organisations in safeguarding their data from illegal access and security concerns. The company's data security solutions are designed to make corporate operations safe and efficient by removing data privacy threats.Based on the needs of the customer, the business designs and develops on-premises and cloud-based data security solutions.
The company's goal is to produce agile cyber security solutions that aid in continuous update and adapt to the changing needs of the customer. It does this by using the finest technologies currently available.As per the RHP, the company's listed peers are Systango Technologies Ltd (with a P/E of 19.79), Dev Information Technology Ltd (with a P/E of 29.41), and TAC Infosec
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