ROX HI TECH LIMITED Share price

ROX Hi-Tech Limited was initially incorporated on March 13, 2002 as a Private Limited Company as 'ROX Trading and Systems Private Limited' with the Registrar of Companies, Tamil Nadu. Subsequently, the name of Company changed from ROX Trading and Systems Private Limited' to ROX Hi-Tech Private Limited' dated April 19, 2023, issued by the Assistant Registrar of Companies, Tamil Nadu. Subsequently, it got converted into a Public Company and the name was changed to ROX Hi-Tech Limited' vide a fresh Certificate of Incorporation dated May 23, 2023 issued by the Registrar of Companies, Tamil Nadu, Chennai. Headquartered in Chennai, India, ROX Hi-Tech is a customer-centric IT solutions provider. The Company has evolved from an IBM Business Partner into a prominent player in the IT segment. As a top system integrator, it offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print, and network services. The offerings consist of Digital Transformation Solutions (Software services, AI, RPA & ML); Network and Collaboration; IT And OT Security; Data centre Solutions, IoT, SMART and MEDIA and Smart Edge Devices. The Company started commercial operations in 2002; ROX's Solutions epitomizes their robust capabilities in S/4 HANA, RISE with SAP & Integrations. ROX pioneers Rise with SAP Public and Private cloud victories, heralding an epoch of intelligent, sustainable enterprise progression. Its cutting-edge network revolutionizes data into proactive solutions, amplifying availability and enriching user experiences. It provide clients Supercharge their Network Experience with ROX's Active and Passive Networking solutions. It helps conquer demanding workloads with ROX's Enterprise Computing Solutions to overcome challenges with the unrivaled capabilities of IBM Servers and Storage. The Company launched a Million Dollar IBM Data Centre Deal with Public Sector Company in FY2019-20. In FY22, Company secured a $5 Million deal with Fortune 100 Client in Partnership with CISCO. The Company helps clients to to elevate their hybrid cloud through a flexible operating system, foster automation system, propel digital transformation via open-source tools, processes, and strategies, etc. Unlock New Possibilities with ROX's Personal Computing Solutions, it provide secure and future-proof solutions spanning Desktops, Notebooks, Workstations, AIOs, and Mobile Devices. Embark on metamorphic journey, the Company elevate their smart infrastructure with comprehensive offerings, spanning components, sensors, gateways, and cloud. Additionally, fostering wireless connectivity and mobility solutions to empower the workforce has discovered Rox's potential. Company became the first partner to implement GROW with SAP in 2023. The Company launched the IPO by issuing 65,64,800 equity shares having the face value Rs 10 per equity shares and raised funds aggregating to Rs 54.49 crore comprising a fresh issue of 60,17,600 equity shares amounting to Rs 49.95 crores and the offer for sale of 5,47,200 equity shares amounting to Rs 4.54 crores on November 9, 2023. In 2024, Company established Center of Excellence for Digital Transformation. It secured a Data Center deal worth $3.5 million. It completed SAP Migration from Onprem to Cloud for a Public Sector. In FY25, Company established international subsidiaries in Singapore, Denmark, Mauritius, and California. It formed Agentic AI Alliance with SS&C Blue Prism for India, partnered with IBM in North America and Europe for Power VS cloud solutions, strengthened collaboration with Google across Vertex AI, Google Workspace (GWS) & Google Cloud Platform (GCP) for Agentic AI use cases, executed campus network & security solutions for a global client.