3C IT Solutions IPO Vs Sattrix Information Security IPO

3C IT Solutions IPO Vs Sattrix Information Security IPO: 3C IT Solutions & Telecoms (India) Limited and Sattrix Information Security Limited. Both companies operate in the tech sector but offer different services and have distinct financial profiles. This comparison will help investors make an informed decision.

Details Of 3C IT Solutions IPO Vs Sattrix Information Security IPO

Date Of IPOs 3C IT Solutions IPO Vs Sattrix Information Security IPO

Here is a detailed comparison of the IPO dates and related events for 3C IT Solutions & Telecoms (India) and Sattrix Information Security:

Summary:

• IPO Open Date: 3C IT Solutions & Telecoms starts one day earlier (June 4) compared to Sattrix Information Security (June 5).
• IPO Close Date: Both IPOs close on the same day, June 7.
• Basis of Allotment Date: Both have the same date for the basis of allotment, June 10.
• Initiation of Refunds: Refunds for both IPOs are initiated on the same date, June 11.
• Credit of Shares: Shares are credited to demat accounts for both IPOs on the same date, June 11.
• Listing Date: Both companies are listed on June 12.

Lot Size Compression

Here’s a comparison of the lot sizes and investment amounts for retail investors and High Net Worth Individuals (HNIs) for the IPOs of 3C IT Solutions & Telecoms (India) Limited and Sattrix Information Security:

Summary:

• Minimum Lot Size: 3C IT Solutions requires a minimum of 2000 shares, whereas Sattrix requires 1000 shares.
• Minimum Investment (Retail): For 3C IT Solutions, the minimum retail investment is ₹104,000 for 2000 shares. For Sattrix, it is ₹121,000 for 1000 shares.
• Maximum Investment (Retail): The maximum investment for retail investors is the same as the minimum, given both IPOs only allow one lot for retail.
• Minimum Investment (HNI): For 3C IT Solutions, the minimum HNI investment is ₹208,000 for 4000 shares. For Sattrix, it is ₹242,000 for 2000 shares.

Grey Market Premium (GMP)

IPO Subscription Status

IPO Allotment Status

Summary

• Grey Market Premium (GMP):
  • Both IPOs provide daily updates on GMP in their respective sections.
• Subscription Status:
  • 3C IT Solutions & Telecoms subscription starts on June 4, 2024, and can be tracked in the IPO Subscription Status section.
  • Sattrix Information subscription starts on June 5, 2024, and can be tracked in the IPO Subscription section.
• Allotment Status:
  • Both IPOs have an allotment date of June 10, 2024.
  • 3C IT Solutions & Telecoms’ allotment status can be checked via SKYLINE FINANCIAL SERVICES PRIVATE LIMITED.
  • Sattrix Information’s allotment status can be checked via BIGSHARE SERVICES PRIVATE LIMITED.
  • The process for checking the allotment status is similar for both IPOs: go to the registrar link, select the IPO name, enter the application number, PAN, or DP ID, and click submit to view the status.

Financial Report Comperesion Of 3C IT Solutions IPO Vs Sattrix Information Security IPO

Financial Comparison as of 31st December 2023

• Liabilities and Assets for both companies are equal, indicating balanced balance sheets.
• Revenue for 3C IT Solutions & Telecoms is ₹2,355.66 Cr, whereas Sattrix Information Security’s revenue is ₹3,061.61 Lakh.
• Profit After Tax (PAT) for 3C IT Solutions & Telecoms is ₹50.52 Cr, while Sattrix Information Security’s PAT is ₹250.71 Lakh.
• Net Worth of 3C IT Solutions & Telecoms is ₹460.26 Cr compared to ₹1,446.96 Lakh for Sattrix Information Security.

FAQs Of 3C IT Solutions IPO Vs Sattrix Information Security IPO