ROLEX RINGS LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO ROLEX RINGS LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
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Rolex Rings Ltd.

Rolex Rings Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹900
₹900
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹900
Based on GMP
Min. Investment
₹14,400
1 lot × 16 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
28 Jul 2021
Close Date
30 Jul 2021
Allotment
04 Aug 2021
Listing Date
09 Aug 2021
Exchange
NSE & BSE
Price Band
₹900
Listing Price
See chart
Allotment Status
Price Band
₹900
Per share
Face Value
₹10 per share
 
Lot Size
16 Shares
per lot
Issue Size
81,22,222 shares (aggregating up to ₹731.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,400
1 lot
Pre-IPO Holding
2,66,11,090 shares
Promoters
Post-IPO Holding
2,72,33,312 shares
Promoters
UPI Deadline
2021-07-30
Mandate
Anchor AllotmentTue, 27 Jul 2021
Basis of AllotmentWed, 04 Aug 2021
Refund InitiationThu, 05 Aug 2021
Demat CreditFri, 06 Aug 2021
Listing DayMon, 09 Aug 2021
UPI Mandate Deadline2021-07-30
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares6,22,222 shares (aggregating up to ₹56.00 Cr)
Offer for Sale75,00,000 shares of ₹10 (aggregating up to ₹675.00 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Rolex Rings Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Jul 2021.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
8,122,222
100% ₹731.00
IPO Shares Offered
Rolex Rings Ltd. IPO total issue size: ₹731.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 8,122,222 ₹731.00
100.00%
* Based on upper price band ₹900 per share
Lot Size & Investment
Lot Size
16
Shares per Lot
Issue Price
₹900.00
Upper Band
Min Investment
₹14,400
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)232₹28,800
Retail (Max — 13 Lots)13208₹187,200
S-HNI (Min — 14 Lots)14224₹201,600
B-HNI (Min — 70 Lots)701,120₹1,008,000
* Issue Price ₹900 × Lot Size 16 shares
IPO Schedule
Anchor
27 Jul 2021
✓ Done
IPO Open
28 Jul 2021
✓ Done
IPO Close
30 Jul 2021
✓ Done
Allotment
04 Aug 2021
✓ Done
Refunds
05 Aug 2021
✓ Done
Demat Credit
06 Aug 2021
✓ Done
Listing Day
09 Aug 2021
✓ Done
Rolex Rings Ltd. — Live Price LIVE
₹900.00
INR · BSE
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Issue ₹900.00 Live Price
About Rolex Rings Ltd.
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. A wide range of product offerings such as automotive parts, hot forged and machined alloy steel bearing rings weighing from 0.01 Kg to 163+ kg caters to different industries i.e. automotive, industrial infrastructure, railways, renewable energy, etc.The company supplies its products on both the domestic as well as international ground to automotive companies and leading bearing manufacturers such as SRF India, Schaeffler India, Timken India, etc. In fiscal 2020, it has exported bearing rings and automotive components to 17 different countries i.e. France, Italy, Germany, Thailand, Czech Republic, USA, and others.Currently, the firm has 3 manufacturing plants in Rajkot with 22 forging lines with an aggregated installed capacity of 1,44,750 MTPA.Competitive StrengthsAmong the leading forging companies in India.Strong manufacturing capabilities.Comprehensive product portfolio.Geographically diversified revenue base.Strong and consistent financial performance track record.
Objects of the Issue
1
1 Funding long-term working capital requirements
2
2 General corporate purposes
Rolex Rings Ltd. Financials (Amount in Crore)
Revenue from Operations
₹911.3
31-Mar-19
₹675.3
31-Mar-20
₹619.8
31-Mar-21
Profit After Tax (PAT)
₹59.0
31-Mar-19
₹52.9
31-Mar-20
₹87.0
31-Mar-21
Particulars31-Mar-2131-Mar-2031-Mar-19
Revenue from Operations 619.76 675.33 911.25
EBITDA N/A N/A N/A
Profit After Tax (PAT) 86.96 52.94 59.04
Net Worth N/A N/A N/A
Total Assets 796.92 686.17 782.26
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered81,22,222 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding2,66,11,090 shares
Post-Issue Promoter Holding2,72,33,312 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Equirus Capital Pvt.Ltd.
IDBI Capital Markets Services Ltd.
JM Financial Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Rolex Rings Ltd. IPO subscribed?

Rolex Rings Ltd. IPO is subscribed 1.00 times by Jul 30, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Rolex Rings Ltd. IPO retail subscription status?

The Rolex Rings Ltd. IPO retail category is subscribed 1.00 times as of 30 Jul 2021. The retail portion is oversubscribed.

How to subscribe Rolex Rings Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 28 Jul 2021 and closes 30 Jul 2021. Min investment: ₹14,400 (1 lot = 16 shares). UPI mandate: 2021-07-30.

How many times Rolex Rings Ltd. IPO subscribed?

The Rolex Rings Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Rolex Rings Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Aug 2021. Refunds: on 05 Aug 2021.

When Rolex Rings Ltd. IPO will be listed?

The Rolex Rings Ltd. IPO listing date is 09 Aug 2021, Monday. Listed on: NSE & BSE. Issue price: ₹900. Estimated listing: ₹900. GMP: NIL.

When Rolex Rings Ltd. IPO close?

The Rolex Rings Ltd. IPO closes on 30 Jul 2021, Friday. UPI mandate: 2021-07-30. Allotment: 04 Aug 2021. Listing: 09 Aug 2021.