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  2. Rolex Rings IPO offers 5,685,556 shares. 1,624,444 (28.57%) to QIB, 1,218,334 (21.43%) to NII, 2,842,778 (50.00%) to RII. 177,673 RIIs will receive minimum 16 shares and (sNII) and (bNII) will receive minimum 224 shares.

  3. Rolex Rings Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Rolex Rings IPO shares through the banks (using ASBA) or through the broker (using UPI).

  4. Jul 28, 2021 · Investors who wish to subscribe to the Rolex Rings IPO can bid in a lot of 16 equity shares and multiples thereafter. At the upper price band, they will be shelling out Rs 14,400 to get a single lot of Rolex Rings. The shares will be listed on both BSE as well as the National Stock Exchange (NSE).

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    • Public issue. The public issue comprises a fresh issue of Rs 56 crore and an offer for sale of 75 lakh equity shares by Rivendell PE LLC.
    • IPO Dates. The offer will open for subscription on July 28 and will close on July 30. Anchor book, if any, will be open for a day on July 27.
    • Price Band. Rolex Rings, in consultation with merchant bankers, has fixed a price band of Rs 880-900 per equity share for the public issue.
    • Fund Raising and Objects of Issue. The company is planning to garner Rs 716 crore at the lower price band, and Rs 731 crore at the higher end. It will utilise net proceeds from fresh issue for working capital requirements.
  5. Rolex Rings said in a Bombay Stock Exchange (BSE) filing that it will allocate 24,36,666 equity shares to anchor investors at ₹ 900 per share, taking the transaction size to ₹ 219.29 crore.

  6. Rolex Rings Ltd (RRL) is one of the top five forging companies in India in terms of installed capacity and a manufacturer and global supplier of hot rolled forged and machined bearing rings, and automotive components for segments of vehicles including two-wheelers,

  7. The Rolex Rings IPO basis of allotment (published above) tells you how shares are allocated to you in Rolex Rings IPO and category wise demand of IPO share. Visit the Rolex Rings IPO allotment status page to check the number of shares allocated to your application.