Rolex Rings Limited IPO Message Board (Page 38)

Does anyone knows any grey market agent? So that i can try to confirm my shares before the IPO.

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

NII = 42.50KCrs. = ~391.62X
RII = 30L Forms = 16.87X Applic. wise (Avg allotment of ~0.95 shares per lot)

Interest cost *@8.00%p.a.* for 7days = *136.55paise for 1X*

Thus, for NII the costing = 391.62 X 136.55 paise = Rs.534.74 per share (= GMP)

And, for RII the costing = 534.74 X 0.95 = Rs.507/- (= Kostak)


Rolex Rings IPO – *GMP Estimated*

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

Rolex Rings IPO
GMP 525 +/- 5
Thinly Traded

Has anybody manage to open their website. http://www.rolexrings.com/. At least I Can''t.

Link is working & video link has all information about company''s operation.

Had no problem in opening today

@ipo paji .

Insider news ?

Any updated estimates of no of time Oversubscription?
QIB
NII
RII

Lot size & Price not declared yet !!!!
Are they watching grey market to fix issue price???
Issue price MUST be declared atleast 7 working days prior to Issue opening.

Officially 2days before IPO starts only they declare the price ..

Not 7 days

Gmp of Rolex rings is 520 - 525 rs..

Nirma Group’s cement arm Nuvoco Vistas is about to launch its IPO on August 9, 2021 and eyes Rs 20,000 crore valuation post dilution.

Company Plans a primary issuance of Rs 1500 crore, and OFS by promoters at Rs 3500 cr for its Rs 5000 cr IPO.

@jstm have you forgotten Nirma listing?

@ arunarun listing or delisting ? Delisted more than 10 years back.Before that I was not in market.If you have any details please share it.

I have Sbi netbanking and 5 dmat accounts
I apply through ASBA by adding all accounts
I have never received more than 1 allotment in 5 accounts
Anyone have received more allotments by adding 5 dmats in single asba?

I applied 1 UPI and 5 asba net banking application is cleans science from 1 SBI account...plus 1 UPI from another bank account...

I got allotment of 3/7
Out of which 2 are 3rd party SBI allotment
And one is the other banks UPI allotment.

Eagleye mam,
The company''s assets, revenue and PAT are on a downward trend since 2018. Still. is it commanding such high GMP ? Is it due to small issue size or future earning expectations ?

Good observations

Everybody before RHP
talking about finacials dropping every month

After seeing RHP
How company suddenly making huge growth?
It is only becasue of Elon bhai give direct ordered of their EVs piston ring to them
as well Mercedes,BMW via order from Bhavani for other parts

Please don''t ask me who is Bhavani?

thodi dek ruko
880 – 890 Share
lot size : 16 wala bhi info aayenga

Issue Date : 28 to 30-Jul, 2021
Fresh : Rs 56 Cr
OFS : 7,500,000 Shares
Retail : 35%
FV : 10

Paji agr information seedhi post karoge toh koi kuch nhi bolega jaise hchc sir and another respected members post krte hai without half information , mgr nhi tumko post krna hai page ka raaz , rat race (phele post krni ki race) , aur merko sab pta hai lines , etc.

Paji , aap bindas post karo. Kuch logo ka kya , sab logo ka tag khatre me aata he to aane do.
This world salutes the true talent.

Must Apply IPO for lisitng Gains

Fir batao , company hai ki nehi hai

This co is existence. I am seen twice. Also having huge technology imported from Japan and Germany.

But financial me gadbad lag rahahe.

Gmp is good .

Apply listing gain .

Rock rajkot rock Rolex

520 535

Rolex IPO
GMP 535 +/- 10

REVISED

Rolex Rings IPO – Issue Information *(Tentative)*

Issue Opens on: 28 July 2021
Issue Closes on: 30 July 2021
Issue Type: Book Built Issue IPO
Issue Size: 81,29,213 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.880 – Rs.890 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 6,29,213 Shares @890/- = Rs.56.00Crs
Offer for Sale of 75,00,000 Shares @890/- = Rs.667.50Crs
Equity Shares outstanding after the Issue = 2,46,10,303 Shares

Category-wise Break up:
Anchor – 24,38,764 Shares = 217.05Crs
QIB – 16,25,843 Shares = 144.70Crs
NII – 12,19,381 Shares = 108.52Crs
RII – 28,45,225 Shares = 253.23Crs (Lot size: 16 = 1,77,827 Forms)
Total Issue – 81,29,213 Shares = 723.50Crs.

Subscription required for 1X
RII = 1,77,827 Forms
NII = 108.52 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

HELP!
my brother opened dmat account with my bank derails, can he apply ipo with same UPI (i too same upi for applying IPO)

PAN in demate a/c and in bank a/c should same otherwise all applications will be rejected