Sattrix Information Security Limited

About the company

## **About Sattrix Information Security Limited** Founded in 2013, Sattrix Information Security Limited is in the business to develop customer-centric cyber security solutions, They aim to deliver end-to-end cybersecurity services to enterprises in the India, USA and Middle East (UAE). With a decade of experience, the company has established itself as a trusted partner in providing a comprehensive range of cyber security solutions. They help organizations to protect their data from unauthorized access  and protect against security threats. Their data security solutions aim to eliminate data privacy risks to make business processes secure and run smoothly. They design and build data security solutions on cloud and on-premise based on the client requirement. The company uses the best available technologies to develop cyber security solutions, & the aim is to develop agile cyber security solutions which helps in constant upgrade and  the solutions adapt to the changing requirements of the client. Following is the list of Services that Sattrix Information Security offers: 1) **Assessment Services** : It has a bucket of cyber threat assessment services to offer to their customers. They also customize it based on the client requirement after conducting detailed risk assessment. Assessment Services includes following solutions: *   * Vulnerability Assessment* : They provide vulnerability assessment solutions which helps clients understand the security risk to their business. New threats and vulnerabilities against businesses emerge on regular bases, their comprehensive vulnerability assessment service provides their clients with the knowledge, awareness and risk involved to understand threats to their complete digital system.   * * Penetration Testing Services* : Their professional penetration testing analysts help clients to minimise frequency of penetration tests required for their specific business domain and IT infrastructure. Additionally, they would advise on the necessary procedures and investments required at building a more secure environment data protection system within the organization.   * * Red Teaming* : Red Teaming service simulates a real-life attack to help measure how well an organization can withstand the cyber threats. In red teaming service they simulate the attacker to the system, using the same techniques and tools of hackers to evade detection and test the defence readiness of the internal security team.   * * Anti-Phishing Solutions* : They use phishing techniques to prevent attempts of infecting client’s computers or trick users to disclose sensitive information. Email Phishing ensures how many users fall for the phishing trick and click on a link or open an attachment. Their professionals emulate cyber criminals by sending phishing email within the client organisation to identify risk.  *   * Application Security Services* : The security innovation provides dynamic application security testing with assessment and appropriate consulting to make it error free and protects against any Cyber security threats. The application security process involves developing, adding, and testing different security features within the app in order to prevent vulnerabilities against any security threats. 2) **IT Infrastructure Management:** IT Infrastructure Security consulting services recognize and understand these challenges and offer services that help organizations to carve their technological cyber security requirements. IT infrastructure security services provide pervasive visibility across a modern IT infrastructure, enabling better and faster detection, response and blocking of any threats, using different technologies which are best suitable for each organization.  3) **Hybrid IT Services & Solutions** : They  provide on-premise and cloud infrastructure to meet varied demands of business needs to achieve agility, compliance and efficiency. They have a bucket of hybrid IT services & solutions to offer to their clients. 4) **Managed Security Services (MSS):**   They provide Managed Security services for businesses that align with their business needs and cyber security goals. They also work as Outsource agents for Cybersecurity infrastructure and monitor around the clock along with an integrated security ecosystem. Their Security Operations Centre (SOC) is equipped to provide 24x7 management and monitoring services for the Cloud, Hybrid or On Premise based cybersecurity solutions. They use a combination of different tools and technologies to deliver quality services. The company operates in multiple countries, making it subject to various international laws and regulations related to data privacy, cybersecurity, and technology transfer. Changes in these regulations or noncompliance could result in facing legal penalties, loss of business opportunities, operational disruptions, and reputational damage. The registered office of their company is at Ahmedabad, Gujarat, India. Sattrix Information Security Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1) Capital Expenditure: *  To meet out expenses for Purchasing Furniture, fixture & air conditioning for new office at Ahmedabad  * To purchase and Installation of IT equipment, computer hardware, server, SAN storage, CCTV cameras, video conferencing equipment, networking (LAN) and other equipment  2) Business Expansion Cost: * Development of New Product & Technology  * Other Business Expansion Cost 3) Additional Working Capital Requirement 4) General Corporate Purpose

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   05 Jun 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   07 Jun 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   07 Jun 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   11 Jun 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   10 Jun 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   12 Jun 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.