ROX Hi-Tech IPO description – Incorporated in 2002, ROX Hi-Tech, headquartered in Chennai, India, is a customer-centric IT solutions provider committed to excellence. With over 22 years of industry experience, the company has evolved from an IBM business partner into a prominent player in the IT segment.
As a system integrator, the company offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print, and network services. ROX is one of India’s leading end-to-end IT solution providers.
ROX Hi-Tech’s revenue from operations has increased from INR 102.86 crore in FY 2022 to INR 133.33 crore in FY 2023, thereby recording a growth of 29.62%. Also, during the same period, its profit before tax increased from INR 1.51 crore in FY 2022 to INR 15.33 crore in FY 2023, registering a growth of 913.12%. Its EBITDA, increased from INR 4.26 crore in FY 2022 to INR 23.68 crore in FY 2023 registering a growth of 456.26%.
ROX 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
Promoters of ROX Hi-Tech – Mr. Jim Rakesh and Mrs. Sukanya Rakesh
Table of Contents
ROX Hi-Tech IPO Details
| ROX Hi-Tech IPO Dates | 7 – 9 November 2023 |
| ROX Hi-Tech Issue Price | INR 80 – 83 per share |
| Fresh issue | 60,17,600 shares (INR 48.14 – 49.95 crore) |
| Offer For Sale | 5,47,200 shares (INR 4.38 – 4.54 crore) |
| Total IPO size | 65,64,800 shares (INR 52.52 – 54.49 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 132,800) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
ROX Hi-Tech Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 4M FY 2024 |
| Revenue | 64.07 | 102.86 | 133.33 | 49.96 |
| Expenses | 64.58 | 100.89 | 113.51 | 40.95 |
| Net income | 0.66 | 1.51 | 15.33 | 6.76 |
ROX Hi-Tech Offer News
- ROX Hi-Tech RHP
- ROX Hi-Tech Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
ROX Hi-Tech Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.39 | 0.90 | 9.11 |
| PE ratio | – | – | 8.78 – 9.11 |
| RONW (%) | 9.05 | 17.15 | 63.48 |
| NAV | 4.34 | 5.24 | 14.36 |
| ROCE (%) | 31.90 | 45.82 | 97.08 |
| EBITDA (%) | (11.90) | 4.03 | 17.21 |
| Debt/Equity | 1.55 | 2.03 | 0.93 |
ROX Hi-Tech IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 15 November 2023 | 100 | – | 120,000 |
| 14 November 2023 | 100 | – | 117,000 |
| 11 November 2023 | 100 | – | 117,000 |
| 10 November 2023 | 95 | – | 108,000 |
| 9 November 2023 | 90 | – | 99,000 |
| 8 November 2023 | 78 | – | 83,000 |
| 7 November 2023 | 72 | – | 75,500 |
| 6 November 2023 | 58 | – | 62,500 |
| 4 November 2023 | 50 | – | 68,000 |
| 3 November 2023 | 40 | – | 49,500 |
| 2 November 2023 | 30 | – | 35,000 |
ROX Hi-Tech IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 1,051,200 | 1,744,000 | 2,193,600 | 4,988,800 |
| 9 Nov 2023 | 106.25 | 188.96 | 204.02 | 178.16 |
| 8 Nov 2023 | 8.58 | 22.83 | 83.79 | 46.63 |
| 7 Nov 2023 | 7.91 | 10.13 | 28.33 | 17.67 |
ROX Hi-Tech IPO Allotment Status
ROX Hi-Tech IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.
ROX Hi-Tech IPO Dates & Listing Performance
| IPO Opening Date | 7 November 2023 |
| IPO Closing Date | 9 November 2023 |
| Finalization of Basis of Allotment | 13 November 2023 |
| Initiation of refunds | 15 November 2023 |
| Transfer of shares to demat accounts | 15 November 2023 |
| IPO Listing Date | 16 November 2023 |
| Opening Price on NSE SME | INR 135 per share (up 62.65%) |
| Closing Price on NSE SME | INR 141.75 per share (up 70.78%) |
ROX Hi-Tech Offer Lead Manager
SWARAJ SHARES AND SECURITIES PRIVATE LIMITED
304, A Wing, 215 Atrium Near Courtyard Marriot,
Andheri Kurla Road, Andheri East, Mumbai – 400093
Maharashtra, India
Phone: +91-22-6964-9999
Email:Â [email protected]
Website: www.swarajshares.com
ROX Hi-Tech Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower
Parel (East) Mumbai-400011, Maharashtra India
Phone:Â +91 022 2301 8261
Email:Â [email protected]
Website: www.purvashare.com
ROX Hi-Tech Contact Details
ROX HI-TECH LIMITED
Old No.101B, New No.160, 1st & 3rd Floor Mahalingapuram Main Road,
Nungambakkam, Chennai 600034 Tamil Nadu
Phone: 91 44 4206 8316
E-mail: [email protected]
Website: www.rox.co.in
IPO FAQs
What is the ROX Hi-Tech offer size?
ROX Hi-Tech offer size is INR 52.52 – 54.49 crores.
What is the ROX Hi-Tech offer price band?
ROX Hi-Tech public offer price is INR 80 – 83 per share.
What is the lot size of the ROX Hi-Tech IPO?
ROX Hi-Tech offer lot size is 1,600 shares.
What is ROX Hi-Tech IPO GMP today?
ROX Hi-Tech IPO GMP today is INR 100 per share.
What is the ROX Hi-Tech kostak rate today?
ROX Hi-Tech kostak rate today is INR NA per application.
What is ROX Hi-Tech Subject to Sauda rate today?
ROX Hi-Tech Subject to Sauda rate today is INR 120,000 per application.
