ROX Hi-Tech Limited IPO
ROX, headquartered in Chennai, India, operates as a customer-centric IT solutions provider with a strong commitment 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 sector. Their business model revolves around being a comprehensive end-to-end IT solution provider. They offer a wide range of services and solutions across various IT domains, as outlined below:
1. Digital Transformation Solutions: ROX provides intelligent and sustainable digital transformation solutions. They have a strategic partnership with SAP, which has elevated them to Gold Partner status. This partnership highlights their robust capabilities in SAP solutions, including S/4 HANA and RISE with SAP. They emphasize their success in Rise with SAP Public and Private cloud solutions, indicating their commitment to intelligent and sustainable enterprise progression.
2. Network and Collaboration: ROX’s network and collaboration solutions focus on leveraging data and technology to provide proactive solutions. They aim to amplify data availability and enrich user experiences. Their adaptive network doubles as a sensor and protector, with 360-degree visibility and robust automation. ROX offers active and passive networking solutions to supercharge their clients’ network experiences. As a solution partner, they provide seamless implementation and expert consulting to help clients achieve their business goals. They emphasize optimizing connectivity, productivity, and security across clients’ operations.
3. IT And OT Security: While not explicitly detailed in the provided information, IT and OT security is likely an integral part of their offerings to ensure that their clients’ information technology and operational technology environments remain secure from threats and vulnerabilities.
4. Data Center Solutions (On-premises and Cloud): ROX’s data center solutions empower clients to handle demanding workloads. They leverage IBM Servers and Storage and partner with IBM, Lenovo, Google Cloud, Nutanix, Cisco, and Vertiv to deliver state-of-the-art data center solutions. This includes cloud technologies, analytics, Artificial Intelligence (AI), and Modern High-Performance Computing (HPC). They focus on delivering cutting-edge capabilities in both on-premises and cloud-based data center solutions.
5. IoT, SMART, and MEDIA: This category involves seamlessly connecting devices, exchanging data, and providing real-time insights for enhanced efficiency and innovation. It appears to encompass a range of technologies related to the Internet of Things (IoT), smart devices, and media services.
6. Smart Edge Devices: Smart edge devices likely involve providing clients with hardware and devices that can process and manage data at the edge of networks, closer to data sources. This is important for applications where real-time processing and decision-making are critical.
Opensource: ROX offers open-source solutions that enable clients to elevate their hybrid cloud and standardize their cloud sphere. They focus on overseeing hybrid cloud, multi-cloud, and edge deployments, while also fostering scalable automation systems. Their partnership with Red Hat showcases their commitment to open-source innovation.
Objects of the ROX Hi-Tech Limited IPO:
ROX Hi-Tech Limited IPO Details:
|Open Date:||Nov 07 2023|
|Close Date:||Nov 09 2023|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Book Built Issue IPO|
|Issue Size:||54.49 Cr.|
|Lot Size:||1600 Shares|
|Issue Price:||₹ 80 - 83 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Nov 20 2023|
Promoters And Management:
Financials of ROX Hi-Tech Limited IPO:
Particulars ( In Lakhs )
|Revenue from Operations||6,407||10,286||13,333||4,996|
|Cost of Consumption||5,847||9,193||10,351||3,760|
|Employee benefits expenses||251||340||395||137|
|Depreciation & Amortisation||15||22||23||10|
Comparison With Peers:
|Name of the Company||Revenue (In Crore)||PAT (In Crore)||EPS ( in Rs)||P/E||CMP||Mcap (In Crore)|
|ROX Hi-Tech Limited||133||15||6.71||12.4||83||190|
|Dynacons Systems & Solutions Ltd||804||33||26.30||18.8||689||875|