Rolex Rings IPO GMP, Grey Market Premium, Kostak & Subject To Sauda Today 2021

Rolex Rings IPO

Rolex Rings IPO will be open from 28 July 2021 to 30 July 2021. Rolex Rings IPO GMP Kostak rate and Subject to Sauda updated as of Today. Rolex Rings IPO Grey Market Premium has been Started with Low Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.

Rolex Rings are 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 for segments of vehicles including two-wheelers, passenger vehicles, commercial vehicles, off-highway vehicles, electric vehicles 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.

Rolex Rings IPO Issue size of ₹731 Crores Approx, in which Fresh Issue of 56 Crores and Offer For Sale of 675 Crores Approx and issue price band has been fixed at ₹880-₹900 Per Share. The Rolex Rings IPO is to be listed Soon on NSE and BSE.

What is Rolex Rings IPO GMP Today?

The Rolex Rings IPO GMP Today Or Grey Market Premium is ₹390-₹400.

What is Rolex Rings IPO Kostak Rates Today?

The Rolex Rings IPO Kostak rate is ₹0.

What is Rolex Rings IPO Subject to Sauda Price Today?

The Rolex Rings IPO Subject to Sauda rates is ₹0.

Rolex Rings IPO Approximately Returns?

The Rolex Rings IPO’s approximate return is 40%-45%. And it can also change according to the Market Sentiment.

Rolex Rings IPO GMP, Kostak,& Subject to Sauda :

DateGMPKostakSubject
9 Aug 2021List – ₹1250₹0₹0
8 Aug 2021₹390-₹400₹0₹0
7 Aug 2021₹400-₹410₹0₹0
6 Aug 2021₹445-₹455₹0₹0
5 Aug 2021₹445-₹455₹0₹0
4 Aug 2021₹420-₹430₹0₹0
3 Aug 2021₹440-₹450₹400₹7000
2 Aug 2021₹420-₹430₹450₹7000
1 Aug 2021₹540-₹550₹450₹7000
31 July 2021₹540-₹550₹450₹7000
30 July 2021₹540-₹550₹450₹7000
29 July 2021₹500-₹510₹450₹4500
28 July 2021₹440-₹450₹450₹4500
27 July 2021₹390-₹400₹400₹4500
26 July 2021₹550-₹560₹400₹5000
25 July 2021₹560-₹580₹400₹5500
24 July 2021₹550-₹560₹400₹4000
23 July 2021₹320-₹330₹350₹3000
22 July 2021₹290-₹300₹350₹3000
21 July 2021₹0₹0₹0
Rolex Rings IPO GMP

Rolex Rings IPO Date & Price Band & Details :

IPO Open :28 July 2021
IPO Close :30 July 2021
IPO Size :₹731. Cr Approx
Face Value :₹10 Rs. Equity Share
Price Band :₹800-₹900 Per Share
Listing On :BSE, NSE
Issue Size :₹731. Cr Approx
Fresh Issue :₹56. Cr
Offer For Sale :₹675 Cr

Rolex Rings IPO Market Lot :

Rolex Rings IPO Minimum Market lot is 1 Lot with 16 shares with ₹14,400 Application amount. The retail investors can apply up to 13 lots with 208 Shares or ₹187,200 amounts.

Minimum Lot Size :1 Lot
Minimum Share :16
Minimum Amount :₹14,400
Maximum Lot Size :13 Lot
Maximum shares :208
Maximum Amount :₹187,200

Rolex Rings IPO Shares Offer :

A total of 8122222 shares are to be bid for the public issue by Rolex Rings IPO with 622,222 for Fresh issue and 75,00,000 for an offer for sale Shares.

CategoryShares OffersAmount
Fresh issue :6,22,22256 Cr
Offer For Sale :75,00,000675 Cr
Total :81,22,222731 Cr

Rolex Rings IPO Reservation :

Rolex Rings IPO Total Reservation of 81,22,222 shares are to be bid for the public issue by Rolex Rings IPO with 40,61,111 for QIB and 12,18,333 for NII 28,42,778 For RII & – Shares EMP.

CategoryReservationSharesAmount
QIB :50%40,61,111365.50 Cr
NII :15%12,18,333109.65 Cr
RII :35%28,42,778255.85 Cr
EMP :– %
Total :100%8122222731 Cr

Rolex Rings IPO Dates :

Rolex Rings IPO Date is 28 July and the close date is 30 July 2021. The allotment will be finalized on 4 Aug 2021 and the IPO may list on 9 Aug 2021.

Open Date :28 July 2021
Close Date :30 July 2021
Allotment Date :4 Aug 2021
Refund Date :5 Aug 2021
Share Credit Date :6 Aug 2021
Listing Date :9 Aug 2021

Rolex Rings Company Financial Report (Cr) :

YearRevenueExpensePAT
2021-6M₹2,254.59₹2,108.95₹253.14
2020₹6,753.32₹6,032.49₹529.41
2019₹9,112.54₹7,706.94₹590.41
2018₹7,915.43₹6,974.85₹728.77
Groww referal

About Rolex Rings Company :

Rolex Rings is one of the top five forging companies in India (Source: ICRA Report) and a manufacturer and global supplier of hot rolled forged and machined bearing rings, and automotive components for segments of vehicles including two-wheelers, passenger vehicles, commercial vehicles, off-highway vehicles, electric vehicles), industrial machinery, wind turbines, and railways, amongst other segments. We supply domestically and internationally to large marquee customers including some of the leading bearing manufacturing companies, tier-I suppliers to global auto companies, and some auto OEMs.

As per ICRA Report, SKF India Limited, Schaeffler India Limited Timken India Limited, NEI, and NRB collectively account for 81% of the market share of the Indian bearing industry. We are one of the key manufacturers of bearing rings in India (Source: ICRA Report) and cater to most of the leading bearing companies in India. The Company has started our manufacturing operations in 1988 with our first manufacturing plant set up in Rajkot. As of the date of this Draft red herring prospectus, we have three manufacturing units in Rajkot.

Read also: All Upcoming IPO Grey Market Premium 2021

Rolex Rings infrastructure includes high-speed hot formers from Sakamura (such as Sakamura model HBP-160, Sakamura Model HBP – 120SS and Sakamura Model: HFW-1000-4 Hot Former) and Hatebur (such as Hatebur Hotmatic – HM75XL Hot Former and [email protected] HM 35 Machine) and vertical forging lines from Manyo (Manyo 600 tons Auto Forging Press), Mistubishi, SMS Meer (such as SMS MEER Ring Rolling line), Enomoto (such as Enomoto Model 1000ZESH and Servomoto Driven Screw Press 16000kN), Eumoco and conventional forging lines integrated with induction heating furnaces.

A large part of our existing machining lines consist of spindles from DMG, FUJI, ACE, TSUGAMI, Hyundai, Mazak, Muratec, and domestic CNC Turning centers as well. As of the date of this DRHP, we have 22 forging lines with a combined installed capacity of 1,44,750 MTPA, machining facilities consisting of 508 spindles with a combined installed capacity of 66 million parts per annum, and other machinery including heat treatment furnaces, cold rolling machines, and other infrastructure.

Rolex Rings IPO GMP FAQs :

How much is Rolex Rings IPO GMP Today?
Rolex Rings IPO GMP Today is ₹390-₹400.

How much is Rolex Rings IPO Grey Market Premium?
Rolex Rings IPO is Grey Market Premium ₹390-₹400.

What is Rolex Rings IPO Kostak Rate?    
Rolex Rings IPO Kostak Rate is ₹0.

What is Rolex Rings IPO Subject to Sauda?
Rolex Rings IPO Subject to Deals is ₹0.

What are Rolex Rings IPO Approx Returns?
Rolex Rings IPO approx Returns is 40%-45%. And it can also change according to the Market Sentiment.

Rolex Rings IPO Details: Click Here

Rolex Rings IPO Subscription: Click Here

Rolex Rings IPO Allotment: Click Here

Rolex Rings IPO Listing: Click Here

All Rolex Rings IPO-related links are available here. If you want to know the details then click on Click Here Link.

Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.

Rolex Rings IPO GMP, Grey Market Premium, Kostak & Subject To Sauda Today 2021
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