ROX Hi-Tech Ltd - IPO

ROX Hi-Tech Ltd IPO Details

Public issue of 65,64,800 equity shares of face value of Rs. 10 each (Equity Shares) of Rox Hi-Tech Limited (the Company or the Issuer) for cash at a price of Rs. 83.00 per equity (the Issue Price) aggregating to Rs. 54.49 crores (The Issue) comprising of a fresh issue of 60,17,600 equity shares aggregating to Rs. 49.95 crores (the Fresh Issue) and an offer for sale of 5,47,200 equity shares by the selling shareholders (Offer for Sale) aggregating to Rs. 4.54 crores of which 8,48,000 equity shares aggregating to Rs .7.04 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 57,16,800 equity shares aggregating to Rs. 47.45 crores (the Net Issue). The issue and the net issue will constitute 28.75% and 25.037% respectively of the post issue paid up equity share capital of the company.

Objective of issue

Funding for capital expenditure. Funding for working capital requirements. General corporate purposes.

ROX Hi-Tech Ltd Contact Details

ROX Hi-Tech Ltd, Shiv Shakti Indust, Unit No 9 Lower Pare, 7 B J R Boricha Marg, Mumbai-400011

Phone - 91-022-23016761

Fax -

Email - cs@rox.co.in

Website - www.rox.co.in