ROX Hi Tech IPO Details | GMP, Date, Price, Review


Table of Contents

ROX Hi Tech IPO Details ( ROX Hi-Tech Limited IPO Review )

(7 Nov 2023 – 9 Nov 2023)

ROX Hi-Tech Limited started in 2002 and focuses on providing IT solutions that cater to customers needs. They offer a wide range of IT services, such as consulting, enterprise and end-user computing, managed print, and network services.

With more than 22 years of experience, ROX Hi-Tech has grown from being an IBM Business Partner to a significant player in the IT industry.

In the fiscal years 2023, 2022, and 2021, the company generated revenues of Rs. 13,372.79 Lacs, Rs. 10,286.22 Lacs, and Rs. 6,407.18 Lacs, respectively.

ROX Hi-Tech Limited Company Services

  • 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 Limited IPO Competitive Strength

  • Experienced Promoter and Qualified Senior Management Team
  • Scalable Business Model
  • Agile engineering and delivery
  • Exclusive Agreement for certain domains
  • Marque Clientele

ROX Hi-Tech IPO Financials Performance ( Results )

ROX Hi-Tech Limited Financial Information (Restated)

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of ROX Hi-Tech IPO Issue

  1. Funding for Capital Expenditure:
    • Setting up a Network Operations Centre (NOC) & Security Operations Centre (SOC) at Chennai
    • Setting up a Chennai Medical Automation Centre
    • Setting up a Global Software Delivery Center in Noida
  2. Funding our working capital requirements
  3. General Corporate Expenses.

ROX Hi Tech IPO Basic Details

IPO DateNov 7, 2023 to Nov 9, 2023
Listing DateMonday, November 20, 2023
Face Value₹10 per share
Price₹80 to ₹83 per share
Lot Size1600 Shares
Issue Size6,564,800 shares of ₹10
(aggregating up to ₹54.49 Cr)
Fresh Issue6,017,600 shares of ₹10
(aggregating up to ₹49.95 Cr)
Offer for Sale547,200 shares of ₹10
(aggregating up to ₹4.54 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue16,818,750
Share holding post issue22,836,350
Company PromotersJim Rakesh and Sukanya Rakesh

ROX Hi Tech IPO Reservation

QIB Shares Offered45.96% of the Net Issue
NII (HNI) Shares Offered15.67% of the Net Issue
Retail Shares Offered38.37% of the Net Issue

ROX Hi Tech IPO Timetable

ROX Hi Tech IPO will open on November 7, 2023 and close on November 9, 2023. You can join ROX Hi Tech IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date7 November 2023 (Tuesday)
Closing Date9 November 2023 (Thursday)
Basis of Allotment15 November 2023 (Wednesday)
Initiation of Refunds16 November 2023 (Thursday)
Credit of Shares to Demat17 November 2023 (Friday)
Listing Date20 November 2023 (Monday)
Deadline for UPI mandate confirmation5 PM on 9 November 2023

ROX Hi-Tech IPO Lot Size

For retail investors in ROX Hi-Tech IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹132,800. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹132,800.

Retail (Min)11600₹132,800
Retail (Max)11600₹132,800
S-HNI (Min)23200₹265,600

ROX Hi-Tech IPO Promoter Holding

The company’s promoters include Jim Rakesh and Sukanya Rakesh.

Pre Issue Share Holding83.29%
Post Issue Share Holding

ROX Hi-Tech Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

Market Cap (₹ Cr.)189.52
Earning Per Share (EPS)₹9.11 per Equity Share
Net Asset Value (NAV)₹14.36 per Equity Share
P/E Ratio (P/E) (x)9.11
Post P/E Ratio (P/E) (x)9.35
Return on Net Worth (RoNW) (%)63.48
Return on equity (ROE) (%)63.48
Return on Capital Employed (ROCE) (%)50.17
Debt/Equity Ratio0.94

ROX Hi Tech Ltd Peer Comparison

Company NameConsolidated/
ROX Hi-Tech
Peer Group
Systems &
Solutions Ltd

ROX Hi Tech IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
5 November 2023₹75

ROX Hi-Tech IPO Detail Video:

ROX Hi-Tech IPO Subscription Status (Bidding Detail)

The ROX Hi-Tech IPO on November 9, 2023 at 7:00:00 PM was subscribed 214.44 times, with the retail category being subscribed 204.02 times, the NII (Non-Institutional Investor) category being subscribed 366.86 times, QIB (Qualified-Institutional Buyers) category being subscribed 106.25 times.


ROX Hi-Tech IPO Prospectus

ROX Hi-Tech IPO DRHPDownload
ROX Hi-Tech IPO RHPDownload
ROX Hi-Tech IPO Anchor Investors Details PDFDownload

ROX Hi-Tech IPO Rating

Our Rating4.0/5.0

ROX Hi-Tech Company Contact Information

ROX Hi-Tech Limited

Registered Office: Old No.101B, New No.160, 1st & 3rd Floor Mahalingapuram Main Road, Nungambakkam, Chennai 600034 Tamil Nadu, India
Tel: + 91 44 4206 8316
Contact Person: Mrs. Thenmozhi, Company Secretary and Compliance Officer
Our Promoters: Mr. Jim Rakesh and Mrs. Sukanya Rakesh

ROX Hi-Tech IPO Registrar

Purva Sharegistry (India) Private Limited

Registered Office: 9, Shiv Shakti Industrial Estate, J. R. Boricha Marg,
Lower Parel (East) Mumbai 400011, Maharashtra, India.
Tel: +91 022 2301 8261;
Fax No: +91 022 2301 2517
SEBI Registration: INR000001112
Contact Person: Ms. Deepali Dhuri
CIN: U67120MH1993PTC074079

ROX Hi-Tech IPO Lead Manager

Swaraj Shares and Securities Private Limited

Registered Office: 304, A Wing, 215 Atrium Near
Courtyard Marriot, Andheri Kurla Road, Andheri East,
Mumbai – 400093, Maharashtra, India
Tel: +91-22-6964-9999
SEBI Registration Number: INM00012980
Contact Person: Pankita Patel/ Tanmoy Banerjee
CIN: U51101WB2000PTC092621


What is the lot size of ROX Hi-Tech IPO?

The total size of ROX Hi-Tech IPO is ₹54.49 crores out of which ₹49.95 crores is fresh issue and ₹4.54 crores is offer for sale (OFS).

When will ROX Hi-Tech IPO start?

ROX Hi-Tech IPO will open from 7 November 2023 and IPO will close on 9 November 2023.

What is the open date of ROX Hi-Tech IPO?

ROX Hi-Tech IPO will open date from 7 November 2023.

What is the last date ( close date ) of ROX Hi-Tech IPO?

ROX Hi-Tech IPO will close from 9 November 2023.

What is the price band of ROX Hi-Tech IPO?

ROX Hi-Tech IPO price band is ₹80 to ₹83. ( Upper Price Band: ₹83, Lower Price Band: ₹80 )

What is the minimum amount required to apply for ROX Hi-Tech IPO?

The minimum investment for retailers to apply for ROX Hi-Tech IPO is ₹132,800 and the maximum investment is ₹132,800.

What is going on gray market premium of ROX Hi-Tech IPO?

View gray market premium of ROX Hi-Tech IPO by Clicking Here

How much is the GMP of ROX Hi-Tech IPO?

Watch ROX Hi-Tech IPO GMP Today: Click Here

What is the allotment date of ROX Hi-Tech IPO?

The allotment date of ROX Hi-Tech IPO is 15 November 2023.

How to check allotment status in ROX Hi-Tech IPO?

To check the allotment status of ROX Hi-Tech IPO, first of all go to the registrar website by clicking here, select your bad ROX Hi-Tech IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of ROX Hi-Tech IPO?

The listing date of ROX Hi-Tech IPO is 20 November 2023.

How much will be the listing gain in ROX Hi-Tech IPO?

View listing gain of ROX Hi-Tech IPO by Clicking Here

How much time ROX Hi-Tech IPO is subscribed?

Total 214.44 times subscribed in ROX Hi-Tech IPO out of which 204.02 times subscription was done in retail quota, 366.86 times subscription in NII quota and 106.25 times subscription in QIB quota.

How to apply for ROX Hi-Tech IPO from Upstox?

Click Here to see how to apply for ROX Hi-Tech IPO from Upstox. (step by step)

How to apply for ROX Hi-Tech PO from Zerodha?

Click Here to see how to apply for ROX Hi-Tech IPO from Zerodha. (step by step)

How to apply for ROX Hi-Tech IPO from Angle One?

Click Here to see how to apply for ROX Hi-Tech IPO from Angle One. (step by step)

Leave a Reply

Your email address will not be published. Required fields are marked *