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Sattrix IPO

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Price BandTBA
Live GMPNO GMP
SubscriptionNO DATA
Issue Size₹21.78 Cr
AllotmentNO DATA

IPO Objectives

Sattrix IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Capital Expenditure: (a) To meet out expenses for Purchasing Furniture, fixture & air conditioning for new office at Ahmedabad₹2.52 Cr
2Capital Expenditure: (b) To purchase and Installation of IT equipment, computer hardware, server, SAN storage, CCTV cameras, video conferencing equipment, networking (LAN) and other equipment₹2.18 Cr
3Business Expansion Cost : (a) Development of New Product & Technology₹7.56 Cr
4Business Expansion Cost : (b) Other business expansion cost₹2.12 Cr
5Additional Working Capital Requirement₹2.50 Cr
6General Corporate Purpose₹2.92 Cr