Rolex Rings Limited IPO Message Board (Page 34)

Rolex lien amount status is scheduled so my application is confirmed or not please reply

Applied from two accounts - one ICICIDIRECT and other IIFL through UPI. Still unsure about GLSL.

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I have opened account in zerodha but I am not able to apply for any ipo as my upi mandate is not getting approved and my bank is not having asba facility please can anybody help me

Best for IPO application is to have a sbi saving account. There u can apply 5 application from one account

Yup,.. i have 4 SBI net banking accounts and its just clicks and High security passwords...ease to use ..easy to access and highly secure.
Although icici also has nice layout but only allows 1 asba application.

Rolex Rings IPO – *Market’s Current Estimates of oversubscription*:

NII = 33K Crs. = ~300.96X
RII = 30L Forms = 16.88X Applic. wise (Avg allotment of ~0.95 shares per lot)

Interest cost *@8.00%p.a.* for 7days = *138.08paise for 1X*

Thus, for NII the costing = 300.96 X 138.08 paise = Rs.415.57 per share (= GMP)

And, for RII the costing = 415.57 X 0.95 = Rs.394/- (= Kostak)


Rolex Rings IPO – *GMP Estimated*

GMP 425 +/- 2
Kostak 400 +/- 10
Subject 2 @5,750/-

@Grow India, Yes we can apply 5applications through PNB ASBA

Good update

Car trade ipo confirm.. 4 aug.
Size 2000 cr.
Aptus value housing.. 9 aug
Size. 3000cr.
Krishna diagnostic.. in 11 aug
Size 1200 cr.
Arohan financial.. 16 aug
Size. 1600 cr.

Rolex Rings 485-90

HUDCO OFS update

Floor Price : 45
CMP : < 45 ! :)

Yesterday''s data of institutional buyers are not reliable.

Institutions Folks are always clever. If Invest 800 Crores yesterday Share hit the UC.
Since it stays 45 retail not interested in the FPO part. it is good for the company in future.
FII will not sell quickly.

I too hope so.Their cleverness reflects in the price and soon cross over 45 and remain stable too. & regarding UC I don''t think so in any PSU OFS.

Glen: 1718000 Applications till Now.
Rolex: 367000 Applications till Now.

Past experience tells us that whenever there is flood of IPOs (mostly overvalued), then Market crash is on the horizon.
Present rush of Back to back IPOs signalling similar scenario.
Take care, good luck.

Market is faliing gmp will fall down like easy trip pls don''t subscribe.

सब्सक्राइब तो हो गया। आपके मना करने से पहले

Glen: 1628000 Applications till Now.
Rolex: 265000 Applications till Now.

GMP HOS

TATVA Chintan
1140 1150

GLENMARK LIFE SCIENCE
126 131

Rolex Rings
470 480

HOS

TATVA
1140 1150

GLENMARK LIFE SCIENCE
126 131

Rolex Rings
470 480

Bangalore based SJS Enterprises filed a draft papers with SEBI to raise Rs 800 Cr via IPO on 27th July 2021

FV : Rs 10
OFS : Rs 800 Cr
Retail : 35%

Anchor list

https://www.bseindia.com/markets/MarketInfo/DownloadAttach.aspx?id=20210727-51&attachedId=5fe764d4-efeb-4a53-bd80-472ea39feaed

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20210727-51

@Grow India - that''s a standard line in all anchor notices. Assuming price band of 90-100, If the anchor book allocation happens at 95, but the book-building and IPO pricing happens at 100, then the anchors have to pay an incremental amount, since even they will be allocated shares at 100.

I''ve never seen it happen, but it''s a provision created by SEBI.

Book profit on listing , seems to be proper satta... what a rubbish interview by promoters in Bloomberg.. unsatisfactory ans on debt, working capital and selling of 10 rupee per share in March

BTW > How can promoters sell shares if they are pledged?

Promoters are not selling shares rsk ji. The PE investor is selling. They have been in the Company for over 12 years now.

Retail portion fully subscribed.

Does Rolex ring ipo looks good to apply despite the market falling??
Can we apply with half funding in Rolex and another half in glenmark ?
Please share all your views

Retail fully subscribed in 30 minutes but QIB & NII matters most.
Market sentiment may be a concern due to correction in all international markets.

This is the list of anchor investors for Rolex Rings
https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20210727-51

I think these are all renowned and big names. others can comment on the number of shares that have been allocated as being less or more in this quota