ROX Hi-Tech Limited is a customer-centric IT solutions provider. The company offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print, and network services.
The company’s offerings comprise of:
- Digital Transformation Solutions (Software services, AI, RPA & ML)
- Network and Collaboration
- IT And OT Security
- Datacenter Solutions (On-premises and Cloud)
- IoT, SMART, and MEDIA
- Smart Edge Devices
ROX Hi-Tech has over 22 years of industry experience and has evolved from an IBM Business Partner into a prominent player in the IT segment.
ROX Hi-Tech IPO – Details
| IPO Opening Date | 07 November 2023 |
| IPO Closing Date | 09 November 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 65,64,800 Shares Worth ₹54.49 Crore Fresh Issue: 60,17,600 Shares Worth ₹49.95 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹80 – ₹83 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Purva Sharegistry India Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
ROX Hi-Tech IPO – Date Schedule
| IPO Open Date | 07 November 2023 |
| IPO Close Date | 09 November 2023 |
| Basis of Allotment | 15 November 2023 |
| Initiation of Refund | 16 November 2023 |
| Credit of Shares to Demat Account | 17 November 2023 |
| IPO Listing Date | 20 November 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Nov 09, 2023 |
ROX Hi-Tech IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | 1,32,800 |
| Retail (Maximum) | 1 | 1600 | 1,32,800 |
| HNI (Minimum) | 2 | 3200 | 2,65,600 |
Competitive Strengths
- Experienced Promoter and Technically Sound Operational Team.
- Domain expertise with advance technology.
- Significant product development and innovation.
- Long term relationship with clients and repeated business.
Company Promoters
- Mr Janet Rekha
- Mrs Sukanya Rakesh
Object Of The Issue
- Funding for Capital Expenditure.
- Funding the working capital requirements.
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 65.48 | 64.58 | 0.66 | 11.35 |
| 31 March 2022 | 102.97 | 100.89 | 1.51 | 17.94 |
| 31 March 2023 | 133.99 | 113.51 | 15.33 | 22.58 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 9.11 |
| Market Cap (₹ Cr.) | 189.52 |
| ROE | 63.48% |
| ROCE | 50.17% |
| Debt/Equity | 0.94 |
| EPS (Rs) | 9.11 |
| RoNW | 63.48% |
ROX Hi-Tech IPO Promoter Holding
| Pre Issue Share Holding | 83.29% |
| Post Issue Share Holding | – |
ROX Hi-Tech IPO Prospectus
- ROX Hi-Tech IPO DRHP
- ROX Hi-Tech IPO RHP
Company Contact Information
| ROX Hi-Tech Limited Old No.101B, New No.160, 1st & 3rd Floor Mahalingapuram Main Road, Nungambakkam, Chennai – 600034 Phone: + 91 44 4206 8316 Email: cs@rox.co.in Website: https://www.rox.co.in/index.html |
ROX Hi-Tech IPO Registrar
| Purva Sharegistry India Pvt Ltd Phone: +91-022-23018261/ 23016761 Email: support@purvashare.com Website: https://www.purvashare.com/queries/ |
ROX Hi-Tech IPO Lead Manager(s)
| 1. Swaraj shares and securities private limited |
ROX Hi-Tech IPO FAQs
| What is ROX Hi-Tech IPO? ROX Hi-Tech IPO is a SME IPO. The issue is priced at ₹80 – ₹83 per equity share. The IPO is to be listed on NSE SME. |
| When ROX Hi-Tech IPO will open? The IPO is to open on 07 November 2023 for QIB – 35%, NII – 15% and Retail – 35% Investors. |
| How to ROX Hi-Tech IPO? You can apply ROX Hi-Tech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the ROX Hi-Tech IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “ROX Hi-Tech”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the ROX Hi-Tech IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “ROX Hi-Tech”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is ROX Hi-Tech IPO Size? ROX Hi-Tech IPO size is ₹54.49 crores. |
| What is ROX Hi-Tech IPO Price Band? ROX Hi-Tech IPO Price Band is ₹80 – ₹83. |
| What is ROX Hi-Tech IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,32,800 amount while the maximum bid is 1600 shares with ₹1,32,800. |
| What is the ROX Hi-Tech IPO Allotment Date? ROX Hi-Tech IPO allotment date is 15 November 2023. |
| What is the ROX Hi-Tech IPO Listing Date? ROX Hi-Tech IPO listing date is 20 November 2023. The IPO is to list on NSE SME. |
