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ROX Hi-Tech Limited SME IPO
Issue Size (Net)
up to Rs.54.49 Cr
Price Band
Rs.80 to Rs.83 per share
Issue Opens
07 Nov 2023
Issue Closes
09 Nov 2023

Company Highlights

1.Company Information

Incorporated in 2002, 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:

1.Digital Transformation Solutions (Software services, AI, RPA & ML)

2.Network and Collaboration

3.IT And OT Security

4.Datacenter Solutions (On-premises and Cloud)

5.IoT, SMART, and MEDIA 6. 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.

The company recorded a total revenue from operations of Rs. 13,372.79 Lacs, Rs. 10,286.22 Lacs, and Rs. 6.407.18 Lacs in fiscal 2023, 2022, and 2021 respectively.

2. Objects of the Issue
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

1. Funding for Capital Expenditure:

i. Setting up a Network Operations Centre (NOC) & Security Operations Centre (SOC) at Chennai;

ii. Setting up a Chennai Medical Automation Centre; and

iii. Setting up a Global Software Delivery Center in Noida.

2. Funding our working capital requirements, and

3. General Corporate Purposes; and

3.ROX Hi-Tech SME IPO Registrar
Purva Sharegistry India Pvt Ltd

Phone:+91-022-23018261/ 23016761

Email: support@purvashare.com

Website:https://www.purvashare.com/queries/

ROX Hi-Tech Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Jul-23
8010.87
5001.2
675.89
3090.93
1409.05
2838.79
31-Mar-23
6103.26
13398.85
1532.97
2415.03
1667.53
2258.36
31-Mar-22
3866.72
10297.25
151.31
882.06
134.56
1794.59
31-Mar-21
3887.58
6547.94
66.15
730.75
405.75
1135.32
Amount in Rs. Lakhs

ROX Hi-Tech SME IPO Details

Issue Opening Date
November 7, 2023
Issue Closing Date
November 9, 2023
Face Value
Rs.10 per share
Price
Rs.80 to Rs.83 per share
Lot Size
1600 Shares
Issue Size
6,564,800 shares (aggregating up to Rs.54.49 Cr)
Fresh Issue
6,017,600 shares (aggregating up to Rs.49.95 Cr)
Offer for Sale
547,200 shares of Rs.10 (aggregating up to Rs.4.54 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
16818750
Share holding post issue
22836350
Market Maker portion
848,000 shares Share India Securities

ROX Hi-Tech SME IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Tuesday, November 7, 2023
Closing Date
Thursday, November 9, 2023
Basis of Allotment
Wednesday, November 15, 2023
Initiation of Refunds
Thursday, November 16, 2023
Credit of Shares to Demat
Friday, November 17, 2023
Listing Date
Monday, November 20, 2023
Cut-off time for UPI mandate confirmation
5 PM on November 9, 2023

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

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