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.

3C IT Solutions IPO Vs Sattrix Information Security IPO

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

Detail3C IT Solutions & Telecoms (India)Sattrix Information
Open DateJune 4, 2024June 5, 2024
Close DateJune 7, 2024June 7, 2024
Listing DateJune 12, 2024June 10, 2024
IPO Size22,00,000 fresh shares aggregating up to ₹1144.00 Lakh18,00,000 fresh shares aggregating up to ₹21.77 Cr
Fresh Issue17,00,000 fresh shares aggregating up to ₹884.00 Lakhs18,00,000 fresh shares aggregating up to ₹21.77 Cr
Face Value₹10 per share₹10 per share
IPO Price Band₹52 per share₹121 per share
IPO Listing onBSE SMEBSE SME
Lot Size2000 Shares1000 Shares
Offer for Sale (OFS)5,00,000 shares aggregating up to ₹260.00 LakhsNil
Share Offered to Retail50%50%
Share Offered to HNI50%50%

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:

Detail3C IT Solutions & Telecoms (India)Sattrix Information Security
IPO Open DateJune 4, 2024June 5, 2024
IPO Close DateJune 7, 2024June 7, 2024
Basis of Allotment DateJune 10, 2024June 10, 2024
Initiation of RefundsJune 11, 2024June 11, 2024
Credit of SharesJune 11, 2024June 11, 2024
Listing DateJune 12, 2024June 12, 2024

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:

Detail3C IT Solutions & Telecoms (India) LimitedSattrix Information Security
Minimum Lot Size2000 shares1000 shares
Minimum Investment (Retail)1 lot (2000 shares) = ₹104,0001 lot (1000 shares) = ₹121,000
Maximum Investment (Retail)1 lot (2000 shares) = ₹104,0001 lot (1000 shares) = ₹121,000
Minimum Investment (HNI)2 lots (4000 shares) = ₹208,0002 lots (2000 shares) = ₹242,000

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)

Detail3C IT Solutions & Telecoms (India)Sattrix Information Security
GMPDaily updates available from the first sessionDaily updates available
Information SourceIPO GMPIPO GMP

IPO Subscription Status

Detail3C IT Solutions & Telecoms (India)Sattrix Information Security
Subscription Start DateJune 4, 2024June 5, 2024
Live Subscription StatusAvailable in the IPO Subscription sectionAvailable in the IPO Subscription section

IPO Allotment Status

Detail3C IT Solutions & Telecoms (India)Sattrix Information Security
Allotment Check DateJune 10, 2024June 10, 2024
RegistrarSKYLINE FINANCIAL SERVICES PRIVATE LIMITEDBIGSHARE SERVICES PRIVATE LIMITED
How to Check Go to the registrar linkGo to the registrar Link
Select IPO NameSelect IPO Name
Enter the Application Number, PAN, or DP IDEnter the Application Number, PAN, or DP ID
Click submit and view statusClick submit and view 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

Particulars3C IT Solutions & Telecoms (India) Limited (₹ in Cr)Sattrix Information Security (₹ in Lakh)
Liabilities1,898.432,462.28
Assets1,898.432,462.28
Revenue2,355.663,061.61
Profit After Tax (PAT)50.52250.71
Net Worth460.261,446.96
  • 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

What is the IPO size and price band for 3C IT Solutions & Telecoms (India)?

The IPO size is 22,00,000 fresh shares with a price band of ₹52 per share.

When does the 3C IT Solutions & Telecoms (India) IPO open and close?

It opens on June 4, 2024, and closes on June 7, 2024.

What is the IPO size and price band for Sattrix Information Security?

The IPO size is 18 lakh fresh shares with a price band of ₹121 per share.

When does the Sattrix Information Security IPO open and close?

It opens on June 5, 2024, and closes on June 7, 2024.

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