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Sattrix IPO allotment: How to check status on Bigshare Services online


The allotment of Sattrix Information Security Ltd IPO is likely to be finalised today (June 10). The issue received a strong response from investors as it was subscribed more than 70 times. Those who have applied for the IPO can check their Sattrix IPO allotment status online through the website of BSE and the site of IPO registrar which is Bigshare Services Pvt Ltd. For those who have been allotted the shares, they will be credited in the demat accounts on June 11 and on the same day those who have not been given the shares will receive refunds. 

Sattrix IPO received a strong response from investors as it was subscribed more than 70 times.

You will then be able to see Sattrix IPO allotment status on the screen.

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In the grey market, the Sattrix IPO premium is 14 per share which indicates that the equity shares of the company are trading higher by 14 than their issue price in the grey market. This means that the estimated Sattrix IPO listing price is 135 per share which is a premium of 11.57% to the issue price of 121.

The IPO opened for subscription on June 5 and closed on June 7. The equity shares of the company will list on BSE SME likely on June 12. The price band of the issue was 121 per share and the 21.78 crore worth Sattrix IPO was entirely a fresh issue of 18 lakh equity shares. The book running lead manager of the Sattrix IPO is Isk Advisors Pvt Ltd. Net proceeds from the IPO will be used by the company for capital expenditure, business expansion, working capital requirement and general corporate purpose.



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