Sattrix IPO Allotment: The initial public offering (IPO) of Sattrix Information Security Ltd was a huge hit, being subscribed over 70 times by investors. With the bidding closed, investors are now eagerly waiting for the allotment status.
Key Dates and Process:
- Allotment Date: June 10. The company is set to finalize the share allotment soon.
- Refunds and Demat Credits: Shares will be credited to the demat accounts of successful bidders and refunds to unsuccessful ones on June 11.
How to Check Sattrix IPO Allotment Status:
You can check your Sattrix IPO allotment status online via the BSE website or through Bigshare Services Pvt Ltd, the IPO registrar. Here’s how:
On the IPO Registrar’s Website:
- Visit Bigshare IPO Status
- Select ‘Sattrix Information Security Limited’ from the company dropdown menu.
- Choose the method you prefer: Application No, Beneficiary ID, or PAN.
- Enter the required details.
- Complete the Captcha and click ‘Search’.
- Your allotment status will be shown on the screen.
Sattrix IPO GMP (Grey Market Premium):
- Current GMP: ₹14 per share. This means Sattrix shares are trading ₹14 above the issue price in the grey market.
- Estimated Listing Price: ₹135 per share, a 11.57% premium over the issue price of ₹121.
Subscription Details:
- Total Subscription: 70.44 times.
- Retail Category: Subscribed 37.76 times.
- Other Categories: Subscribed 87.88 times.
- Total Bids: 12.03 crore shares vs. 17.08 lakh shares on offer.
IPO Timeline:
- Subscription Period: June 5 to June 7.
- Allotment Finalization: Expected today.
- Listing Date: Tentatively June 12 on BSE SME.
IPO Details:
- Price Band: ₹121 per share.
- Total Issue Size: ₹21.78 crore.
- Share Type: Fresh issue of 18 lakh equity shares.
- Lead Manager: Isk Advisors Pvt Ltd.
- Registrar: Bigshare Services Pvt Ltd.
Company Background:
Sattrix Information Security Ltd specializes in developing customer-centric cyber security solutions. They design and build data security solutions both in the cloud and on-premise, tailored to client needs. The funds raised will be used for capital expenditure, business expansion, working capital, and general corporate purposes.
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