The ROX Hi Tech IPO commenced on November 7, 2023, and concluded on November 9, 2023. The allotment of shares took place on November 15, 2023, and the initiation of refunds began on November 16, 2023. The shares were credited to the demat accounts of investors on November 17, 2023. Finally, the listing of ROX Hi Tech on the stock exchange occurred on November 20, 2023.
The ROX Hi Tech IPO was priced at ₹80 to ₹83 per share, with a lot size of 1600 shares. The total issue size was ₹54.49 crores, comprising a fresh issue of ₹49.95 crores and an offer for sale of ₹4.54 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 45.96% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15.67% of the shares, and the retail quota was reserved for 38.37% of the shares.
ROX Hi-Tech IPO Basic Details
|Company Name||ROX Hi-Tech Limited|
|Domain of Company||IT Services|
|ROX Hi Tech IPO GMP Today||₹85|
|ROX Hi Tech IPO Listing Gain||102.41%|
|ROX Hi Tech IPO Open Date||November 7, 2023|
|ROX Hi Tech IPO Close Date||November 9, 2023|
|ROX Hi Tech IPO Allotment Date||November 15, 2023|
|ROX Hi Tech IPO Listing Date||November 20, 2023|
|Face Value||₹10 per share|
|Price||₹80 to ₹83 per share|
|Lot Size||1600 Shares|
|Issue Size||6,564,800 shares of ₹10|
(aggregating up to ₹54.49 Cr)
|Fresh Issue||6,017,600 shares of ₹10|
(aggregating up to ₹49.95 Cr)
|Offer for Sale||547,200 shares of ₹10|
(aggregating up to ₹4.54 Cr)
|Issue Type||Book Built Issue IPO|
|Listing At||NSE SME|
|Company Promoters||Jim Rakesh and Sukanya Rakesh|
ROX Hi Tech IPO GMP Today:
|Date||GMP||Listing Gain||Kostak||Subject to|
|5 November 2023||₹85||102.41%||–||–|
ROX Hi Tech IPO Details:
ROX Hi-Tech Limited started in 2002, and they’re all about helping customers with their IT needs. They offer a bunch of IT solutions, like consulting, computing for businesses and regular folks, print management, and network services.
They’ve been in the industry for over 22 years, going from an IBM Business Partner to a big player in the IT world.
In 2023, they made a total revenue of Rs. 13,372.79 Lacs, and in 2022, it was Rs. 10,286.22 Lacs, and in 2021, it was Rs. 6,407.18 Lacs.
ROX Hi Tech IPO More Details Click Here
ROX Hi Tech IPO FAQs
When is ROX Hi Tech IPO open?
ROX Hi Tech IPO will open on 7 November 2023.
When is ROX Hi Tech IPO Close?
ROX Hi Tech IPO will be closed on 9 November 2023.
What is ROX Hi Tech IPO GMP Today?
The ROX Hi Tech IPO GMP aka Grey Market Premium is ₹85.
What is ROX Hi Tech IPO Kostak Rates Today?
The ROX Hi Tech IPO Kostak Rate is ₹000.
What is ROX Hi Tech IPO Subject to Sauda Price Today?
The ROX Hi Tech IPO subject to sauda rates is ₹000.
ROX Hi Tech IPO Expected Returns?
The ROX Hi Tech expected return is 102.41%.
How much will be the listing gain in ROX Hi Tech IPO?
ROX Hi Tech IPO will get listing gain of 102.41%. (Approx.)