
Emerging SME Services · NSE
Incorporated in 2002, ROX Hi-Tech Limited is a customer-focused IT solutions company offering a wide range of distributed IT services including consulting, enterprise and end-user computing, managed print, and network services. Its solutions include digital transformation services (software, AI, RPA, ML), network & collaboration, IT & OT security, datacenter solutions (on-premise and cloud), IoT, smart media, and smart edge devices. With over 22 years of experience, the company has grown from being an IBM Business Partner to becoming a significant player in the IT industry. ROX Hi-Tech recorded revenue from operations of ₹13,372.79 lakhs in FY 2023, ₹10,286.22 lakhs in FY 2022, and ₹6,407.18 lakhs in FY 2021.
Price Band
₹80 – ₹83
Issue Size
₹54.49 Cr
Lot Size
1600 shares
GMP
+90.4%
Est. Listing
₹158
at current GMP
Subscribed
214.64x
overall
Open
7 Nov 2023
Close
9 Nov 2023
Allotment
13 Nov 2023
Refund
14 Nov 2023
Demat Credit
15 Nov 2023
Listing
16 Nov 2023
Designated Registrar: Purva Sharegistry India Pvt Ltd
Allotment Date
13 Nov 2023
Basis finalization
Refunds Initiate
14 Nov 2023
Mandate release
Demat Credit
15 Nov 2023
Shares in demat
Listing Debut
16 Nov 2023
Trading begins
ROX Hi-Tech Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹54.49 Crores. The shares are offered at a price band of ₹80 to ₹83 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,32,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Purva Sharegistry India Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-11-15, while un-allotted funds or UPI block mandates will be released on 2023-11-14.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.