Rolex Rings Limited IPO Message Board (Page 37)

Windlas Biotech IPO

Issue Dates : 04-06 August
Issue Size : Rs 165 Crore Fresh + OFS of 51,42,067 Shares

Retail Quota : 35% of Issue Size

Must Must Apply.

Rajkot Company
Good lisitng Gains...

Admin

Get me Two Page


Exxaro Tiles
Date 4th August
Price Band :118-120
T2T

Nuvoco Vista
Date 9th August
Size 5000 Cr
Price: 587

Slightly change IPO Paji in Novuco

But I was Close

Dear Arjun Rajkot Ji,
Tommorow Listing Of Rolex Ring.
Please Advice Listing Estimate Of The Above.
Thanks

Rolex Rings IPO – Schedule *(Final – Pg#274 of RHP)*

23rd July – Announcement of Price Band
27th July – Anchor Investors Allotment
28th July – Offer Opens
30th July – Offer Closes
04th Aug – Finalisation of Basis of Allotment
05th Aug – Unblocking of ASBA Accounts
06th Aug – Credit of Equity Shares to Depository Accounts
09th Aug – Commencement of Trading


Rolex Rings IPO – Issue Information *(Final)*

Issue Opens on: 28 July 2021
Issue Closes on: 30 July 2021
Issue Type: Book Built Issue IPO
Issue Size: 81,22,222 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.880 – Rs.900 Share
Discount: NIL
Market Lot: 16 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 2,39,81,090 Shares
Fresh Issue of 6,22,222 Shares @900/- = Rs.56Crs
Offer for Sale of 75,00,000 Shares @900/- = Rs.675Crs
Equity Shares outstanding after the Issue = 2,46,03,312 Shares

Category-wise Break up:
Anchor – 24,36,667 Shares = 219.30Crs
QIB – 16,24,444 Shares = 146.20Crs
NII – 12,18,333 Shares = 109.65Crs
RII – 28,42,778 Shares = 255.85Crs (Lot size: 16 = 1,77,674 Forms)
Total Issue – 81,22,222 Shares = 731.00Crs.

Subscription required for 1X
RII = 1,77,674 Forms
NII = 109.65 Crs


Rolex Rings IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) DRHP = Draft Red Herring Prospectus Dated March 17, 2021 (347 pages)
2) RHP = Red Herring Prospectus Dated July 21, 2021 (351 pages)

EPS for FY17-18 >>> Rs.30.39 (Page #86 of DRHP)
EPS for FY18-19 >>> Rs.24.62 (Page #87 of RHP)
EPS for FY19-20 >>> Rs.22.08 (Page #87 of RHP)
EPS for H120-21 >>> Rs.10.56 (Page #86 of DRHP)
EPS for FY20-21 >>> Rs.35.96 (Page #87 of RHP)

RoNW for FY17-18 >>> 46.62% (Page #87 of DRHP)
RoNW for FY18-19 >>> 27.42% (Page #88 of RHP)
RoNW for FY19-20 >>> 19.75% (Page #88 of RHP)
RoNW for H120-21 >>> 08.62% (Page #87 of DRHP)
RoNW for FY20-21 >>> 27.42% (Page #88 of RHP)

NAV as on March 31, 2021 was Rs.148.76 (Page #89 of RHP)
NAV as on September 30, 2020 122.52 (Page #87 of DRHP)
NAV as on March 31, 2020 111.80 (Page #87 of DRHP)

Listed Industry Peer Group (Page #89 of RHP): Bharat Forge, Ramkrishna Forgings, MM Forgings



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

NII = 42.50KCrs. = ~387.60X
RII = 30L Forms = 16.87X 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 = 387.60 X 138.08 paise = Rs.535.20 per share (= GMP)

And, for RII the costing = 535.20 X 0.95 = Rs.507/- (= Kostak)


Rolex Rings IPO – *GMP Estimated*

GMP 535 +/- 2
Kostak 505 +/- 10
Subject 2 @7,300/-

thanks

Thank you 🙏

Price Band : Rs 880-Rs 900
Lot : 16 shares

thank you for the perfect and confirmed update Sir Ji.

🙏👍

ESAF Small Finance Bank Limited filed a draft papers with SEBI to raise Rs 997.78 Cr

FV : Rs 10
Fresh : Rs 800 Cr
OFS : Rs 197.78 Cr
Retail : 35%
Emp : (5% max)

They also consider pre-IPO of Rs 300 Cr reduce from fresh

ROLEX RING IPO
DATE & PRICE CONFIRM

Issue Open : 28 Jul 2021
Issue Close : 30 Jul 2021
Issue Size : Rs 731.00 CR.

Price Band : Rs 880/- TO Rs 900/-
Bid Lot Size : 16 Shares
Application Amount : Rs 14,400/-

Retail Quota : 35%
RETAIL LOTS AVAILABLE : 1,77,673 LOTS #RolexRings

Rolex Rings IPO Details
IPO Opens on : 28 July 2021
IPO Closes on : 30 July 2021
Issue Type: Book Built Issue IPO
IPO Size : Rs. 731 Cr / 8122222 Shares
1)Fresh Issue of Rs. 56 cr/ 622,222 shares
2)Offer for Sale Up to75,00,000 Equity Shares/ Rs 675 Cr
Face Value per share : Rs. 10

Rolex Rings IPO Price Band Per Equity Share: Rs. 880-900
Rolex Rings IPO Lot Size 16 Shares
Rolex Rings Listing will at BSE,NSE

Shares offered to
QIB (50%) 4061111 Shares = Rs 365.50 Crs
NII (15%) 1218333 Shares = Rs 109.65 Crs
RII (35%) 2842778 Shares = Rs 255.85Crs
Lot size: 16 Shares = 177673 Forms

Rolex Rings IPO Tentative timeTable
Rolex Rings IPO Allotment on 4 August 21
Unblocking of ASBA 5 August 21
Credit to Demat Accounts 6 August 21
Rolex Rings Listing on 9 August 21

Rolex final price
880-900
lot size 16
forms 177673

Rolex Rings IPO Details Confirmed

Issue Dates : 28 - 30 July
Issue Size : Rs 731 Crore

Price Band : Rs 880 - 900
Bid Lot Size : 16 Shares
Application Amount : Rs 14,400

Retail Quota : 35%
Registrar - Linkintime
Number of Retail Applications : 1,77,673

Price band :Rs 880 - Rs 900
Lot size : 16 share

Food and beverages major Devyani International, the largest franchisee of Pizza Hut, KFC and Costa Coffee in India is likely to launch its IPO ( initial public offer) between 4th August to 6thth August, 2021 ,

Nuvoco Vista page is open for discussion...

Am still not clear on why pricing has not been announced, even though the IPO date is just two days away.
Financials of the company also need a second look.

ESAF Small Finance Bank Limited re-filed a DRHP with SEBI

FV : Rs 10
Fresh : 800 Cr
OFS : 197.78 Cr
Total : 997.78 Cr
Retail : 35%

pre-IPO of 300 Cr if done removed from fresh

GMP
Rolex 530-35
Tatva 1070 Buying tone
Glen 133 Selling tone

Live From Rajkot Broker association.

Rajkot vale........glan ko chalao,,

Any suggestions on NPST sme ipo ?

Yes.. It''s "Apply" for all humans who want to be in your (Yamraj''s) company.

better to avoid sme ipo

Dear admin please open separate page for Nuvoco Vista
Date 9th August is already confirmed

You will notice that:
The EPS was dropping consistently for 3.5 years ... but in last 6 months before IPO … sudden U turn … And now,
EPS for H2 20-21 is greater than
EPS for FY18-19 & EPS for FY19-20


Evidence of
Superlative growth in 6 months before IPO
... Ball Bearings are suddenly in great Demand

This EPS play has spoilt the Rolex game for me. Only if QIB/NII above 100x I shall apply. Good decision or bad?

👌👌👌🤣

Rolex Rings IPO – Financial Information (Basis of Valuation)

Data given =
EPS for FY17-18 >>> Rs.30.39 (Page #86 of DRHP)
EPS for FY18-19 >>> Rs.24.62 (Page #87 of RHP)
EPS for FY19-20 >>> Rs.22.08 (Page #87 of RHP)


If,
EPS for H1 20-21 >>> Rs.10.56 (Page #86 of DRHP)
EPS for FY 20-21 >>> Rs.35.96 (Page #87 of RHP)

Then,
EPS for H2 20-21 >>> Rs.25.40 (diff of FY – H1)



You will notice that:
EPS for H2 20-21 is greater than
EPS for FY18-19 & EPS for FY19-20


Evidence of
Superlative growth in 6 months before IPO
... Ball Bearings are suddenly in great Demand

..

FINAL


Rolex Rings IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) DRHP = Draft Red Herring Prospectus Dated March 17, 2021 (347 pages)
2) RHP = Red Herring Prospectus Dated July 21, 2021 (351 pages)

EPS for FY17-18 >>> Rs.30.39 (Page #86 of DRHP)
EPS for FY18-19 >>> Rs.24.62 (Page #87 of RHP)
EPS for FY19-20 >>> Rs.22.08 (Page #87 of RHP)
EPS for H120-21 >>> Rs.10.56 (Page #86 of DRHP)
EPS for FY20-21 >>> Rs.35.96 (Page #87 of RHP)

RoNW for FY17-18 >>> 46.62% (Page #87 of DRHP)
RoNW for FY18-19 >>> 27.42% (Page #88 of RHP)
RoNW for FY19-20 >>> 19.75% (Page #88 of RHP)
RoNW for H120-21 >>> 08.62% (Page #87 of DRHP)
RoNW for FY20-21 >>> 27.42% (Page #88 of RHP)

NAV as on March 31, 2021 was Rs.148.76 (Page #89 of RHP)
NAV as on September 30, 2020 122.52 (Page #87 of DRHP)
NAV as on March 31, 2020 111.80 (Page #87 of DRHP)

Listed Industry Peer Group (Page #89 of RHP): Bharat Forge, Ramkrishna Forgings, MM Forgings

.