Rolex Rings Limited IPO is going to hit the market on 28 July 2021 and closes on 30 July 2021. The company to raise ₹731 crores (approx) via initial public offer with a face value of ₹10 per equity share.
Rolex Rings Limited IPO is going to hit the market on 28 July 2021 and closes on 30 July 2021. Rolex Rings Limited IPO open on Wednesday fixed a price band of Rs880-900 a share for its Rs 731 crore (approx) IPO. The face value of equity shares of Rolex Rings Limited IPO is ₹10. Rolex Rings Limited company to raise ₹731 cr via initial public offer that comprises ₹56 crores of fresh issue and ₹675 crores of an offer for sale. Incorporated in 2003, Rolex Rings is among the top five forging companies in India. The company manufactures hot rolled forged & machine bearing rings and automotive components that are used across segments i.e. passenger vehicles, 2-wheelers, commercial vehicles, electric vehicles, off-highway vehicles, industrial machinery, wind turbines, railways, etc. Check out Rolex Rings Limited IPO details.
Rolex Rings Limited IPO Date & Price Band:
| IPO Opening Date | Jul 28, 2021 |
| IPO Closing Date | Jul 30, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹880 to ₹900 per equity share |
| Market Lot | 16 Shares |
| Min Order Quantity | 16 Share |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹10 (aggregating up to ₹731 Cr) |
| Fresh Issue | [.] Eq Shares of ₹10 (aggregating up to ₹56 Cr) |
| Offer for Sale | [.] Eq Shares of ₹10 (aggregating up to ₹675 Cr) |
Rolex Rings Limited IPO Tentative Timetable
The Rolex Rings Limited IPO open date is 28 Jul 2021, and the close date is 30 Jul 2021. The issue may list on.
| IPO Open Date | Jul 28, 2021 |
| IPO Close Date | Jul 30, 2021 |
| Basis of Allotment Date | Aug 4, 2021 |
| Initiation of Refunds | Aug 5, 2021 |
| Credit of Shares to Demat Account | Aug 6, 2021 |
| IPO Listing Date | Aug 9, 2021 |
Rolex Rings Limited IPO Market Lot:
The Rolex Rings Limited IPO minimum market lot is 16 shares with ₹14,400 application amount. The retail investors can apply up to 13 lots with 208 shares or ₹1,87,200 amount.
| Minimum Lot Size: | Minimum 16 Shares |
| Minimum Amount: | ₹14,400 |
| Maximum Lot Size: | Maximum 208 Shares |
| Maximum Amount: | ₹1,87,200 |
Rolex Rings Limited Company Financial:
| Particulars | For the year/period ended (₹ in million) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 7,969.24 | 6,861.73 | 7,822.57 |
| Total Revenue | 6,197.57 | 6,753.32 | 9,112.54 |
| Profit After Tax | 869.55 | 529.41 | 590.41 |
Read Also:-
- Rolex Rings Limited IPO GMP (Grey Market Premium)
- Rolex Rings Limited IPO Subscription Status
- Rolex Rings Limited IPO Allotment Status
Rolex Rings Limited IPO Form:
How to apply the Rolex Rings Limited IPO? You can apply for Rolex Rings Limited IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rolex Rings Limited IPO in the Invest section. The other option you can apply to Rolex Rings Limited IPO via IPO forms download via NSE and BSE. Check out the Rolex Rings Limited IPO forms - click NSE Forms & BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Rolex Rings Limited IPO Subscription Numbers(Day 1)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | x | x | x |
| NII | x | x | x |
| RII | x | x | x |
| EMP | x | x | x |
| OTH | x | x | x |
| Total | x | x | x |
About Rolex Rings Limited
Where innovation, precision and revolution drives motion engineering towards excellence, every rising day! That’s how the world of automotive focus on Rolex Rings.
Based at Rajkot(Gujarat) India, Rolex Rings is among the leading manufacturers of forged and machined components in India. It is an ace development partner manufacturing high-quality, world-class, customized automotive components as well as bearing rings for a huge base of clientele spread across the globe. Having expertise in precision engineering of various Forging and machining over a period of 4 decades. Rolex has garnered a wealth of expertise in manufacturing transmission components, engine components, chassis components, exhaust system components and bearing rings.
With an unabated commitment to Quality, focused on Technology Advancements, thrust on Customized Solutions and power of Superior Engineering Capabilities. Rolex has sustained a great success saga as a leading national player. And, it envisages evolving as a leading global player in the years to come.
Rolex Rings Limited IPO Prospectus
Rolex Rings Limited Company Promoters:
- Rupesh Dayashankar Madeka
- Jiten Dayashankar Madeka
- Manesh Dayashankar Madeka
- Pinakin Dayashankar Madeka
- Bhautik Dayashankar Madeka
Rolex Rings Limited IPO Registrar:
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: rolex.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Rolex Rings Limited IPO Lead Managers:
- Equirus Capital Private Limited
- IDBI Capital Market Services Limited
- JM Financial Consultants Private Limited
Rolex Rings Limited Company Address:
Rolex Rings Limited
B/h. Glowtech Steel Private Limited
Gondal Road, Kotharia, Rajkot, 360 004
Phone: 0281 6699677/577
Email: compliance@rolexrings.com
Website: http://www.rolexrings.com/
Rolex Rings Limited IPO FAQs
What is Rolex Rings Limited IPO?
Rolex Rings Limited IPO is a main-board IPO. They are going to raise ₹731 Crores via IPO. The issue is priced at ₹880 to ₹900 per equity share. The IPO to be listed on BSE & NSE.
When Rolex Rings Limited IPO will open?
The Rolex Rings Limited IPO is to open on 28 July 2021 for QIB, NII, and Retail Investors.
What is Rolex Rings Limited IPO Investors Portion?
The investors' portion for Rolex Rings Limited IPO is QIB 50%, NII 15%, and Retail 35%.
How to Apply the Rolex Rings Limited IPO?
You can apply for Rolex Rings Limited IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Rolex Rings Limited IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name "Rolex Rings Limited". Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
What is Rolex Rings Limited IPO Size?
Rolex Rings Limited IPO size is ₹731 crores (Approx).
What is Rolex Rings Limited IPO Price Band?
Rolex Rings Limited IPO Price Band is ₹880 to ₹900.
What is Rolex Rings Limited IPO Minimum and Maximum Lot Size?
The minimum bid is 16 Shares with ₹14,400 amount while the maximum bid is 208 shares with ₹1,87,200.
What is Rolex Rings Limited IPO Allotment Date?
Rolex Rings Limited IPO allotment date is 04 Aug 2021.
What is Rolex Rings Limited IPO Listing Date?
Rolex Rings Limited IPO listing date is 09 Aug 2021. The IPO to list on BSE and NSE.
