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Open
7 Nov 2023
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Close
9 Nov 2023
3
Allotment
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Listing
Thu, Nov 16, 2023
Price Band
₹80 to ₹83
Issue Size
65,64,800 shares (agg. up to ₹54 Cr)
Lot Size
1,600 Shares
Listing Date
Thu, Nov 16, 2023
Latest GMP
₹75
Est. Gain
90.36%
✦ AI Insight
GMP Trend
16-11-2023₹75Est. ₹158+90.36%
15-11-2023₹75Est. ₹158+90.36%
14-11-2023₹80Est. ₹163+96.39%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 153.09x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jul 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 80.11 | 61.03 | 38.67 | 38.88 |
| Total Income | 50.01 | 133.99 | 102.97 | 65.48 |
| Profit After Tax | 6.76 | 15.33 | 1.51 | 0.66 |
| NET Worth | 30.91 | 24.15 | 8.82 | 7.31 |
| Reserves and Surplus | 14.09 | 16.68 | 1.35 | 4.06 |
| Total Borrowing | 28.39 | 22.58 | 17.95 | 11.35 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Synoptics Technologies Ltd. | SME | ₹54.04 Cr | ₹237 | 25.32 | ₹226.10 | -4.60% | ₹73.65 (+2.01%) |
| Veefin Solutions Ltd. | SME | ₹46.73 Cr | ₹82 | 41.41 | ₹90.22 | +10.02% | ₹314.10 (+1.24%) |
| Sahana System Ltd. | SME | ₹32.74 Cr | ₹135 | 16.88 | ₹171.15 | +26.78% | ₹919.55 (-0.53%) |
| Sancode Technologies Ltd. | SME | ₹5.15 Cr | ₹47 | 10.71 | ₹60.80 | +29.36% | ₹383.85 (+1.99%) |
| Vertexplus Technologies Ltd. | SME | ₹14.20 Cr | ₹96 | 28.83 | ₹106.05 | +10.47% | ₹48.30 (+0.00%) |
| Protean eGov Technologies Ltd. | Mainboard | ₹489.95 Cr | ₹792 | 29.91 | ₹883.00 | +11.49% | ₹581.90 (-1.18%) |
| Zaggle Prepaid Ocean Services Ltd. | Mainboard | ₹563.38 Cr | ₹164 | 66.67 | ₹158.35 | -3.45% | ₹209.61 (-0.55%) |
| Netweb Technologies India Ltd. | Mainboard | ₹631.00 Cr | ₹500 | 59.67 | ₹910.40 | +82.08% | ₹4,244.30 (-1.35%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding for Capital Expenditure | 22.01 |
| 2 | Funding our working capital requirements | 15.00 |
| 3 | General Corporate Expenses | 10.40 |
About ROX Hi-Tech IPO
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: 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 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.+ Read More
Contact Details
ROX Hi-Tech Ltd. AddressOld No.101B, New No.1601st & 3rd Floor Mahalingapuram Main RoadNungambakkamChennai, Tamil Nadu, 600034+ 91 44 4206 8316cs@rox.co.inVisit Website