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ROX Hi-Tech IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Chennai and caters to Information Technology - Data Solutions sector. Swaraj Shares And Securities Private is the merchant banker of ROX Hi-Tech IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th August 2023.
ROX Hi-Tech IPO open date is 7th November 2023 and close date is 9th November 2023. IPO Allotment Date is 15th November 2023 and Listing date is 16th November 2023.ROX Hi-Tech IPO size is Rs 54.49 Cr. crores with IPO price of Rs 83.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Swaraj Shares and Securities Private Limited is the book-running lead manager of the ROX Hi-Tech IPO. Purva Sharegistry India Private Limited is the Registrar and Market Maker is Share India Securities Limited for ROX Hi-Tech IPO.
ROX Hi-Tech IPO anchor investors are the below investors. The number of anchor investors in this IPO is 4.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Nav Capital Vcc | 851,200.00 | ₹83.00 | ₹70,649,600.00 |
| Chhattisgarh Investments Limited | 241,600.00 | ₹83.00 | ₹20,052,800.00 |
| Zinnia Global Fund | 241,600.00 | ₹83.00 | ₹20,052,800.00 |
| Zeal Global Opportunites | 241,600.00 | ₹83.00 | ₹20,052,800.00 |
ROX Hi-Tech IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
ROX Hi-Tech IPO, based in Chennai, operates in the Information Technology - Data Solutions sector with a focus on IT solutions provider. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. ROX Hi-Tech IPO size is ₹ 54.49 Cr. Crores with fresh issue size of Rs 54.49 Cr. Crores and Offer for sale being 54.49..
The IPO allotment date for ROX Hi-Tech IPO is expected to be 15th November 2023, after the finalization of basis of allotment. Investors can check ROX Hi-Tech IPO allotment status on the registrars website, Purva Sharegistry India Private Limited. ROX Hi-Tech IPO refund dates are 16th November 2023.
ROX Hi-Tech IPO is expected to be listed on 16th November 2023.
The upper price band for the ROX Hi-Tech IPO is set at ₹ 83.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on ROX Hi-Tech IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the ROX Hi-Tech IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th November 2023. After submission, funds are blocked until the basis of allotment of ROX Hi-Tech IPO is finalised.
The merchant banker for ROX Hi-Tech IPO is Swaraj Shares and Securities Private Limited . Swaraj Shares and Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the ROX Hi-Tech IPO RHP for further details.
The registrar for ROX Hi-Tech IPO is Purva Sharegistry India Private Limited. Investors can go to Purva Sharegistry India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to ROX Hi-Tech IPO through their official website or helpline.
ROX Hi-Tech IPO was subscribed 214.44 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 54.49 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.76 Cr.
Sector: Information Technology - Data Solutions
SME IPO so far:
48
Merchant Banker:
Swaraj Shares
SME IPO by BRLM so far:
47
City:
Chennai
SME IPO so far:
30
Revenue (annualised):
₹ 149.88 cr.
PE
Ratio:
9.35x
Average Sector PE Ratio: 18.61x
ROX Hi-Tech IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on ROX Hi-Tech Financial Review Page
Merchant Banker(s) of ROX Hi-Tech IPO: Swaraj Shares and Securities Private Limited
ROX Hi-Tech IPO subscription was 214.44 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
ROX Hi-Tech IPO listed at a listing price of 141.75 against the offer price of 83.00.
The current market price of ROX Hi-Tech is 38.60.
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