ROX Hi-Tech Limited
- IPO Date07 Nov, 2023 to 09 Nov, 2023
- Listing Date20 Nov, 2023
- Face Value₹10 per share
- Issue Price₹80 to ₹83 per share
- Lot Size1600 Shares
- Minimum Investment₹1,32,800
- Listing AtNSE SME
- Total Issue Size65,64,800 Shares
(aggregating up to ₹54.49 Cr) - Fresh Issue60,17,600 Shares
(aggregating up to ₹49.95 Cr)
- Offer for Sale5,47,200 Shares
(aggregating up to ₹4.54 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue1,68,18,750
- Shareholding post issue2,28,36,350
IPO Dates
Closing Date
09 Nov, 2023
Initiation of Refunds
17 Nov, 2023
Listing Date
20 Nov, 2023
07 Nov, 2023
Opening Date
15 Nov, 2023
Basis of Allotment
17 Nov, 2023
Credit of Shares
ROX Hi-Tech Limited Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,32,800 |
| HNI (Min) | 2 | 3200 | ₹2,65,600 |
| Retail (Max) | 1 | 1600 | ₹1,32,800 |
ROX Hi-Tech Limited Promoter Holding
Jim Rakesh and Sukanya Rakesh are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 83.29% | - |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 63.48% |
| ROCE | 50.17% |
| RoNW | 63.48% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.11 | 9.11 |
| P/E (x) | 9.11 | 9.11 |
ROX Hi-Tech Limited COMPANY INFORMATION
ROX Hi-Tech IPO is a book built issue of Rs 54.49 crores. The issue is a combination of fresh issue of 60.18 lakh shares aggregating to Rs 49.95 crores and offer for sale of 5.47 lakh shares aggregating to Rs 4.54 crores. ROX Hi-Tech IPO opens for subscription on November 7, 2023 and closes on November 9, 2023. The allotment for the ROX Hi-Tech IPO is expected to be finalized on Wednesday, November 15, 2023. ROX Hi-Tech IPO will list on NSE SME with tentative listing date fixed as Monday, November 20, 2023. ROX Hi-Tech IPO price band is set at ₹80 to ₹83 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹132,800. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹265,600. Swaraj shares and securities private limited is the book running lead manager of the ROX Hi-Tech IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue. Refer to ROX Hi-Tech IPO DRHP for detailed information.
Incorporated in 2002, 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:
- 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 6. 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.
The company recorded a total revenue from operations of Rs. 13,372.79 Lacs, Rs. 10,286.22 Lacs, and Rs. 6.407.18 Lacs in fiscal 2023, 2022, and 2021 respectively.
FAQs About Rox Hi Tech Limited
ROX Hi-Tech Limited will open on 07 Nov, 2023 and close on 09 Nov, 2023. Investors must apply within this period to participate.
The ROX Hi-Tech Limited price band is set between ₹80.00 and ₹83.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹132800.00.
The ROX Hi-Tech Limited shares are expected to be listed on 20 Nov, 2023, subject to regulatory approvals and final allotment.
You can track your ROX Hi-Tech Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The ROX Hi-Tech Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.