
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
Overall Subscription
214.64x
Total Demand
QIB Multiplier
106.25x
Institutions & Funds
NII / HNI
367.81x
High Net-Worth
Retail (RII)
204.02x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,051,200 | 111,689,600 | 106.25x |
| NIB | 896,000 | 329,553,600 | 367.81x |
| RETAIL | 2,193,600 | 447,537,600 | 204.02x |
| Total | 4,140,800 | 888,780,800 | 214.64x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,436 | 292,973 | 204.02x |
| HNIs (10L +) | 9 | 3,310 | 367.81x |
| HNIs (2-10L) | 44 | 16,184 | 367.81x |
| Total Applications | 1,489 | 312,467 | 209.85x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for ROX Hi-Tech Limited IPO is ₹75 per equity share. Based on the upper price band of ₹80 to ₹83 per equity share, the estimated listing price is ₹158 (+90.4% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹75, the expected profit per application lot is approx ₹1,20,000 (+90.4% gain). Minimum application cost is approx ₹1,32,800.
The ROX Hi-Tech Limited IPO aggregate issue size is ₹54.49 Crores with an equity price band set at ₹80 to ₹83 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,32,800.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 214.64x (Retail: 204.02x, QIB: 106.25x, NII: 367.81x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Pvt Ltd) and the BSE status verification website on or around 2023-11-13. Investors can verify status using PAN card or application number.
ROX Hi-Tech Limited shares are scheduled to list on NSE on 2023-11-16.