Sattrix Information Security
Ahmedabad-based, BSE SME-listed managed security provider running a 24x7 SOC with MDR, SOAR, vulnerability management and SIEM services.
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Sattrix Information Security Ltd is a cybersecurity services company founded in 2013 and headquartered in Ahmedabad, Gujarat, India, with commercial presence in the USA and the UAE. Its catalogue is led by managed services: a 24×7 SOC, managed detection and response, SOAR-as-a-service, managed vulnerability management, compliance-as-a-service and device management, alongside assessments (VAPT, application audit, SOC assessment) and SIEM/technology consulting built around partners such as Splunk, Microsoft Sentinel, Google Security Operations, CrowdStrike and Fortinet.
The company converted to a public limited company in November 2023 and listed on the BSE SME platform (scrip 544189) in June 2024 after a fresh issue of 18 lakh shares at Rs 121 (about Rs 21.78 crore), which was heavily oversubscribed. Reported revenue from operations was roughly Rs 36.6 crore in FY23. Stated uses of proceeds included a new Ahmedabad office and expansion of its Security Operations Centers.
In January 2026 Sattrix disclosed initial work orders from Hitachi Systems India to deliver managed SOC services on a white-label basis under a partner managed services agreement signed in December 2025. The business also carries IT infrastructure management and professional-services lines, so managed SOC/MDR is a core but not exclusive revenue source.
Innovation Matrix Assessment
Service portfolio tracks market trends (SOAR-as-a-service, hybrid SOC, Google SecOps practice) but there is no proprietary platform or notable product release evidenced.
Broad managed coverage (24x7 SOC, MDR, VM, compliance, SIEM engineering) gives mid-market Indian and Gulf customers a one-stop outsourced SecOps option.
Oversubscribed 2024 BSE SME IPO, growing revenue and a white-label managed SOC deal with Hitachi Systems India are real signals, but scale remains small (roughly Rs 37 crore revenue).
Conventional MSSP model on third-party SIEM/EDR stacks; nothing that changes how the category works.
Only a handful of Gartner Peer Insights and Clutch reviews; no independent tests, named incident outcomes or analyst placements found.
Demand for outsourced SOC in India and the Middle East is growing and white-label SOC partnerships provide a durable channel, though price competition is intense.
Why CISOs Should Care
An affordable, regionally present 24x7 SOC/MDR provider with deep Splunk and Sentinel engineering skills for organisations in India, the UAE and the US that cannot staff their own SOC.
What Makes It Different
Combines managed SOC with SIEM/SOAR engineering services and sells white-label SOC capacity to larger integrators such as Hitachi Systems India; also a niche MSS offering for Indian stockbrokers.
The Matrix Verdict
47/100 — EMERGING / UNRANKED
Sattrix is a real, publicly listed, growing regional MSSP, but its model is conventional and independent efficacy evidence is thin. Scores total 28/60 (46.7), placing it in the Emerging/Unranked tier.
Editorial Note: Claims vs. Verified Findings
Independently verifiable: BSE SME listing (scrip 544189), IPO terms and reported FY revenue (5paisa, Upstox, Business Standard), and the Hitachi Systems India work-order disclosure reported by trade press. Vendor claims: SOC capabilities, awards and the 'decade of experience' positioning come from Sattrix's own site. Total capital raised is not published beyond the IPO proceeds (about Rs 21.78 crore), so no total-raised figure is given. Employee range is from third-party directories.
Sources
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