Rolex Rings Limited IPO Message Board (Page 33)

Object of issue are grossly misstated. More than 90% will go topromoters, ofs portion.

That does not make material difference to ipo money. In short 7500000 equity sale proceed will not accrue to the company and will go to private investor. Net amount accruing to company is less than 10% of ipo money. So main object remains exit for private investor.

But where it is misstated. It is IPO+OFS. When you say misstated it means some one has lied on record

As per my understanding, Rolex has not left anything on the table for retail investors. Promoters allotted shares @ rs. 10 per share barely three months ago and there is a big force busy promoting this issue. Considering the market frenzy for IPOs , it may list at some premium but fundamentally not much is left for general public. Promoters are making hay so long sun is shining.

Not understood. The money of OFS will go to private equity. How promoters will get benefit? Their shares are already locked in
Please explain the logic of promoter enjoying due to high price of IPO?

I''m applying Rolex Rings IPO for listing gain only. Good grey activity, Aoto n auto ancillary stocks doing well, past auto sector IPOs done well, although something cooking in last 2Q results to increase EPS. So apply for listing gain only.

Tatva 1155-65

I dont understand on what basis these shares are valued,
As a common person think of these - promoters are selling nearly 1.5 percent of their stake for 675 crore, meanwhile company''s revenue is less than that.

Someone please help me understand how these are justified.

Have the same doubt in sonacomsstar as well

Thank you

As far as i know share price will depend on the net worth of the company not the revenue.

devanshk

Good info.

One more info please provide ipo guide me pre and post ipo or Chhitorgarh par pre ipo and post ipo me difference hai. Who is right have any idea

@MONSTER Zero

What will be the market capitalisation at upper price band.

Pre ipo and post ipo promoter holdings are not looking right.

Please help.
How many third party UPI applications are allowed in HDFC bank, I''ve always used public sector banks for IPO third party UPI and have been getting allotments. Don''t have any idea about private banks, please help.

GMP

Rolex Rings or Glenmark? Please guide

Glenmark for long term

Rolex Rings for listing gains

Today gmp & subscription status

Join ipo king telegram group for all the latest ipo details and gmp

apply
only for listing gains

i have 8 application fund so what i do..apply one ipo Rolex ring or apply glenmark life science or divide 4-4 what i do tell me fast

Good going subscription after completion of first day......

Glen (End of Second Day): 2442256 Applications.
Rolex (End of First Day): 1026565 Applications.

Today gmp & subscription status

Glen: 2370000 Applications till Now.
Rolex: 944000 Applications till Now.

Tentative / Confirmed Timeline of Current & upcoming IPOs

•      Tatva Chintan Pharma Chem Ltd. (Price Band : Rs. 1073.00 to Rs. 1083.00)

•      Issue is Already Closed
•      Allotment: Done
•      Listing : 29th July 2021

•      Glenmark Life Sciences Ltd. (Price Band: Rs. 695.00 to Rs. 720.00)

•      Dates: 27th July to 29th July
•      Allotment: 3rd August 2021
•      Funds Un Block: 4th August 2021
•      Credit of Shares in Demat Account : 5th August 2021
•      Listing : 6th August 2021

•      Rolex Rings Ltd. (Price Band: Rs. 880.00 to Rs. 900.00)

•      Dates: 28th July to 30th July
•      Allotment: 4th August 2021
•      Funds Un Block: 5th August 2021
•      Credit of Shares in Demat Account : 6th August 2021
•      Listing : 9th August 2021

•      Windlas Biotech Ltd. (Price Band: To be Announced)

•      Dates: 4th August 6th August
•      Allotment: 11th August 2021
•      Funds Un Block: 12th August 2021
•      Credit of Shares in Demat Account : 13th August 2021
•      Listing : 16th August 2021

•      Devyani International Ltd. (Price Band: To be Announced)

•      Dates: 4th August 6th August
•      Allotment: 11th August 2021
•      Funds Un Block: 12th August 2021
•      Credit of Shares in Demat Account : 13th August 2021
•      Listing : 16th August 2021

@ Communicator
Everyone has to mandatorily go to IPO separately to check the dates, financials, subscription levels & comments of forum members. So, one jus cannot limit themselves to one page details given by you. Please don''t take it otherwise.

@ipobull


These are just Basic Details for Fund Planning.
To check possibility of using same money in more than 1 IPO in case of Non Allotment

These Days Chittorgarh is not looking useful for Rolex and Glenmark ipo feedback pages as None of the experts or Ipo Guru''s are posting their views on them and these two are really confusing whether to apply or not. Glenmark is suggested for the long term so should we enter it in the secondary market? On the other side, Rolex is having mixed reactions due to the promoter''s interviews and Care D rating.

You are unnecessarily afraid is my view. Issue is already oversubscribed. apply and if you get in lottery sell on listing day

Glen: 2126000 Applications till Now.
Rolex: 754000 Applications till Now.

Applied through all my accounts.

Thanks.