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ROX Hi-Tech Limited

ROX Hi-Tech Limited

smelisted
Registrar: Purva Sharegistry India Pvt Ltd · Listing 2023-11-20
IPO Timeline
Today · 20 Oct 2026
Opens
07 Nov 2023
Closes
09 Nov 2023
Allotment
09 Nov 2023
Refund
16 Nov 2023
Demat
15 Nov 2023
Listing
20 Nov 2023
Price Band
₹80–83
GMP
₹0
0%
Lot Size
1600 Shares
Min ₹132,800
Subscription
0x
Issue Size
₹54.49 Cr
Open
2023-11-07
Close
2023-11-09
Listing
2023-11-20

About the company

## **About ROX Hi-Tech Limited** Incorporated in 2002, ROX, headquartered in Chennai, India, is a customer-centric IT solutions provider with a vision of being committed to excellence. With over 22 years of industry experience, the Company has evolved from an IBM Business Partner into a prominent player in the IT segment. The Company offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print, and network services. They are in the business of providing end to end IT solution providers. Company cutting-edge network revolutionises data into proactive solutions, amplifying availability and user experiences. With the adaptive network, and doubling as a sensor and protector, they are able to detect threats at an initial phase. With 360-degree visibility and robust automation, our network perpetually learns, evolves, and safeguards. They provide thier  clients Network Experience with ROX's Active and Passive Networking solutions. As a solution partner, they offer seamless implementation and consulting, ensuring their Clients achieve their business's goals.  range empowers their  clients to optimise connectivity, productivity, and security across your operations. They seamlessly connect devices, exchange data, and provide real-time insights for enhanced efficiency and innovation, with the potential of the Industrial Internet of Things (IoT). We additionally elevate network management and security through Software-Defined Access (SD-Access), simplify network operations with Cloud Managed Networking, transform wide area networks with Software-Defined Wide Area Network (SD-WAN), and valuable insights with advanced Network Analytics. Additionally, we foster wireless connectivity and mobility solutions for client’s workforce ROX Hi-Tech Limited   is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives 1) Funding for Capital Expenditure: 1. Setting up a Network Operations Centre (NOC) & Security Operations Centre (SOC) at Chennai;  1. Setting up a Chennai Medical Automation Centre; and 1. Setting up a Global Software Delivery Center at Noida. 2) Funding our working capital requirements and  3) General Corporate Expenses Here are key details about the Micropro Software Solutions Limited IPO: Company Name| **ROX Hi-Tech Limited**|  | Company Type|  ---|---|---|---|--- Company Established On|**2002**| ### ###  

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 20 Nov 2023
      Listed 1065 days ago
      1. IPO Opens

        Completed
        07 Nov 2023

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        09 Nov 2023

        Last day to place your bid

      3. Basis of Allotment

        Completed
        09 Nov 2023

        Share allotment finalised

      4. Refund Initiation

        Completed
        16 Nov 2023

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        15 Nov 2023

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        20 Nov 2023

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1600 shares
      Price / Share (upper)
      ₹83
      Min Investment (1 lot)
      ₹132,800
      Price Band
      ₹80–83
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1600
      Min amount
      ₹132,800
      Max amount
      ₹132,800
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      3200
      Min amount
      ₹265,600
      Max amount
      ₹265,600

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹27.25 Cr
      Shares offered
      3,342,945
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹8.17 Cr
      Shares offered
      1,002,884
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹19.07 Cr
      Shares offered
      2,340,062
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).