Sattrix Information Security Ltd
Registered Office:
# 28 Damubhai Colony,Bhattha Paldi,
Ahmedabad
-
380007,
Gujarat, India.
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.
Opens On
Closes On
Application
Allotment
05-Jun-24
07-Jun-24
121.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1000
Further Multiples of :
1000
(Rs.Cr)
Lead Managers to the Issue
Project Financed through Current Offer
21.78
Post Issue Equity Share Capital
6.80
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
Sachhin Kishorebhai Gajjaer
Ronak Sachin Gajjar