The ROX Hi Tech IPO started on November 7, 2023, and ended on November 9, 2023. Shares were allocated on November 15, 2023, and refund processes began on November 16, 2023. On November 17, 2023, the shares were credited to investors demat accounts. ROX Hi Tech was officially listed on the stock exchange on November 20, 2023.
During the IPO, ROX Hi Tech offered shares at a price range of ₹80 to ₹83 per share, and the lot size was 1600 shares. The total issue size was ₹54.49 crores, with ₹49.95 crores from new shares and ₹4.54 crores from shares for sale. The IPO was listed on the NSE SME.
Regarding share reservations, 45.96% of the shares were allocated to Qualified Institutional Buyers (QIB), 15.67% were reserved for Non-Institutional Investors (NII), and 38.37% were set aside for retail investors.
ROX Hi-Tech IPO Subscription Update Video
ROX Hi Tech IPO Subscription Status
The ROX Hi Tech IPO on November 9, 2023 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, the QIB (Qualified-Institutional Buyers) category being subscribed 106.25 times.
| Category | Subscription |
| QIB | 106.25x |
| NII | 366.86x |
| Retail | 204.02x |
| Total | 214.44x |
ROX Hi Tech IPO Basic Details
| Company Name | ROX Hi-Tech Limited |
| Domain of Company | IT Services |
| 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 |
About ROX Hi Tech Limited
ROX Hi-Tech Limited started in 2002, and they’re all about helping customers with their IT needs. They do a bunch of IT stuff like consulting, handling business and regular computer things, taking care of printers, and managing networks.
They’ve been doing this for more than 22 years and have grown from being an IBM Business Partner to a big player in the IT world.
In 2023, they made Rs. 13,372.79 Lacs in revenue, and in 2022, it was Rs. 10,286.22 Lacs. The year before, in 2021, they made Rs. 6,407.18 Lacs.
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ROX Hi Tech IPO FAQs
What is the start and end date of ROX Hi Tech IPO Subscription?
The ROX Hi Tech IPO started on November 7, 2023, and ended on November 9, 2023.
When does ROX Hi Tech IPO Subscription open?
The ROX Hi Tech IPO open on November 7, 2023.
When does ROX Hi Tech IPO Subscription close?
The ROX Hi Tech IPO Close on November 9, 2023.
What is the allotment date of ROX Hi Tech IPO?
The allotment date for ROX Hi Tech IPO is November 15, 2023.
When is the initial refund date of ROX Hi Tech IPO?
The initial Refund date for ROX Hi Tech IPO is November 16, 2023.
When were the shares credited to investors demat accounts for the ROX Hi Tech IPO?
The shares for the ROX Hi Tech IPO were credited to investors demat accounts on November 17, 2023.
When will ROX Hi Tech IPO be listed on the stock market?
ROX Hi Tech IPO stock market will be listed on November 20, 2023 at 10 am.
What was the price range of the ROX Hi Tech IPO shares?
The ROX Hi Tech IPO shares were offered at a price range of ₹80 to ₹83 per share.
What was the lot size for the ROX Hi Tech IPO shares?
The lot size for the ROX Hi Tech IPO shares was 1600 shares.
What was the total issue size of the ROX Hi Tech IPO?
The total issue size of the ROX Hi Tech IPO was ₹54.49 crores.
How were the shares allocated among different types of investors for the ROX Hi Tech IPO?
45.96% of the shares were allocated to Qualified Institutional Buyers (QIB), 15.67% were reserved for Non-Institutional Investors (NII), and 38.37% were set aside for retail investors.
On which stock exchanges was the ROX Hi Tech IPO listed?
The ROX Hi Tech IPO was listed on the NSE SME.
What is the ROX Hi Tech IPO Subscription Status?
ROX Hi Tech IPO is subscribed Times.
