Sattrix IPO

Sattrix Information Security Limited was founded in 2013 and develops customer-oriented cyber security solutions. The company designs and builds data security solutions in the cloud and on-premise based on the client's requirements. The company's service list includes: Assessment services: vulnerability assessment, penetration testing, red teaming, anti-phishing solutions and application security services. IT infrastructure management: IT infrastructure security services provide a comprehensive overview of a modern IT infrastructure and enable better and faster threat detection, response and mitigation, using different technologies best suited to each organization. Hybrid IT services and solutions: On-premise and cloud infrastructures to meet the diverse needs of organizations and achieve agility, compliance and efficiency. Managed Security Services (MSS): Vulnerability Management, SOC (Incident Response), Endpoint Detection & Response (Managed EDR), Helpdesk / Tech Support, IT Infrastructure Security and Cybersecurity Compliance Services. As of October 2023, the company had 145 employees on its payroll.

The Objects of the Net Issue is to raise funds for: Capital Expenditure:(a) To meet out expenses for Purchasing Furniture, fixtures & air conditioning for a new office at Ahmedabad(b)To purchase and Installation of IT equipment, computer hardware, server, SAN storage, CCTV cameras, video conferencing equipment, networking (LAN) and other equipment Business Expansion Cost:(a) Development of New Products & Technology(b) Other Business Expansion Cost Additional Working Capital Requirement General Corporate Purpose

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