ROX Hi-Tech IPO GMP, Details, company review, apply online 2023

ROX Hi-Tech IPO description – ROX Hi-Tech  India Limited is coming up with its Initial public offering. The IPO will be open for subscription on November 7, 2023

 

ROX Hi-Tech  IPO – Details

 

IPO Open Date 07 November 2023
IPO Close Date 09 November 2023
Issue Type Book Built Issue IPO
Issue Size 65,64,800 Shares Worth ₹54.49 Crore

Fresh Issue: 60,17,600 Shares Worth ₹49.95 Crore

Face Value ₹10 per equity share
IPO Price ₹80 – ₹83
Market Lot 1600 Shares
Minimum Order 1600 Shares (1 Lot)
Listing At NSE SME
Register Purva Sharegistry India Pvt Ltd
Retail Shares Offered 35%
QIB Shares Offered 50%
NII (HNI) Shares Offered 15%

 

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ROX Hi-Tech  IPO – Date Schedule

 

IPO Opening Date 07 November 2023
IPO Closing Date 09 November 2023
Finalization of Basis of Allotment 15 November 2023
Refunds Initiation 16 November 2023
Transfer of shares to demat accounts 17 November 2023
Listing Date of IPO 20 November 2023

 

ROX Hi-Tech  IPO- about company 

 

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 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

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.

 

ROX Hi-Tech IPO GMP, Details, Date, Price, Allotment 2023

ROX Hi-Tech IPO- industry overview 

 

The global information technology market grew from $8179.48 billion in 2022 to $8852.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The information technology market is expected to grow to $11995.97 billion in 2027 at a CAGR of 7.9%.

 

ROX Hi-Tech  Financial Performance

  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

Figures in INR Crores

 

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 Prospectus

 

 

ROX Hi-Tech  IPO -Competitive Strengths

 

  • Significant product development and innovation.
  • Experienced Promoter and Technically Sound Operational Team.
  • Domain expertise with advance technology.
  • Long term relationship with clients and repeated business.

Object Of The Issue

  • Funding the working capital requirements.
  • Funding for Capital Expenditure.
  • General Corporate Purpose.

 

ROX Hi-Tech  IPO GMP Today

 

Date IPO GMP Kostak Subject to Sauda
9 November 2023 90 99,000
3 November 2023 40 49,500
2 November 2023 30 35,000

 

ROX Hi-Tech  IPO Allotment Status

ROX Hi-Tech  IPO allotment status will be available on  website. Click on this link to get allotment status.

ROX Hi-Tech  IPO – Lots Size & Price

 

Application Lots Shares Amount ( Cut-Off)
Retail (Min) 1 1600 1,32,800
Retail (Max) 1 1600 1,32,800
HNI (Min) 2 3200 2,65,600

2023-10-13 (4)

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