Rolex Rings Limited IPO Message Board (Page 39)

➡️આગામી ૨૮ જુલાઈ એ આવતો🌟રાજકોટ ની કંપની નો આઇપીઓ💥

🏦રોલેકસ રિંગ🏭
⚙(રોલેકસ રોલ્ડ રિંગ)⚙

🇮🇳ભારત ની સર્વશ્રેષ્ઠ ૫ ફોરજીંગ કંપનીઓ માની ૧ કંપની

👑કંપની ની સ્થાપના ૨૦૦૩ મા થયેલ છે

➡️કંપની નું મુખ્ય કામ ફોર્જડ મશીન ના બેરિંગ રીંગ ⚙અને ઓટોમોબાઈલ 🛵🛺🚚ના સ્પેરપાર્ટ બનાવવાનું છે

આ સ્પેરપાર્ટ નો ઉપયોગ દ્વિ-ચક્રીય વાહન,🛵 પેસેન્જર વાહન,🚍 ભારેવાહન,🚚 ઇલેકટ્રીક વાહન,🚙 ઓફહાઇવે વાહન,🚜 ઇન્ડસ્ટ્રીયલમશીનરી,🚦 પવનચકકી,🌅 રેલ્વે 🚃વગેરે મા થાય છે

🚦આ કંપની ૦.૦૧ ગ્રામ થી ૧૬૩+ કિલો સુધી ના ફોર્જડ પાર્ટસ🔩 તથા બેરિંગ રીંગ ⚙બનાવે છે

🏦કંપની ભારતીય બજાર 🇮🇳તથા આંતરરાષ્ટ્રીય બજાર🌎 મા પણ સારું વર્ચસ્વ ધરાવે છે

➡️કંપની એસઆરએફ ઇન્ડિયા તથા ટીમકેન ઇન્ડિયા જેવી મહત્વની કંપની નું કામ કરે છે અને આ કંપની ઓ તેમની ગ્રાહક છે💥

🌎કંપની ૧૭ મોટા દેશો મા પોતાની વસ્તુ નું વેચાણ કરે છે જેવા કે ફ્રાંસ,🇫🇷 ઈટાલી,🇮🇹 જર્મની,🇩🇪થાઈલેન્ડ,🇹🇭 યુનાઇટેડ સ્ટેટ્સ ઓફ અમેરિકા🇺🇸 વગેરે દેશો મા સારી શાખ ધરાવે છે🤝

👉કંપની મા હાલમાં રાજકોટ ખાતે ત્રણ (૩) મેન્યુફેક્ચરિંગ પ્લાન્ટ કાર્યરત છે 🎛જેમાં ૨૨ ફોર્જિંગ લાઇન કાર્યરત છે🏭

🌅કંપની વિશેષતાઓ

🇮🇳➡️ભારત ની અગ્રેસર ફોર્જિંગ કંપની

🤝મજબુત ઉત્પાદનશક્તિ ધરાવતી કંપની

🟡🟢🟠અનેક પ્રકારની વસ્તુઓ બનાવતી કંપની

🌎જુદા જુદા દેશો માંથી થતી આવક નું મહત્વ

👍મજબૂત અને વિશ્વસનીય આવક ધરાવતી કંપની💰

🧑‍💻કંપની ના પ્રોમોટર*"

👨‍💻➡️રૂપેશભાઇ દયાશંકરભાઇ માડેકા**

👨‍💻➡️જીતેનભાઇ દયાશંકરભાઇ માડેકા

🧑‍💻➡️મહેશભાઈ દયાશંકરભાઇ માડેકા

👨‍💻➡️પિનાકિન દયાશંકરભાઇ માડેકા

👨‍💻➡️ભૌતિક દયાશંકરભાઇ માડેકા

🧑‍🔧આઇપીઓ લાવવાનું કારણ

(૧)લાંબાગાળાની મૂડી માટે💰

(૨)સામાન્ય ધંધા ની બાબતો માટે💰💎

📞કંપની ની સંપર્ક માહિતી📞
🏦ગ્લોટેક સ્ટીલ પ્રાઇવેટ લિમિટેડ પાસે,ગોંડલ રોડ, કોઠારીયા, રાજકોટ🏦**

📱ફોન નંબર:૦૨૮૧૬૬૯૯૬૭૭/૫૭૭

💻વેબસાઈટ:http://www.rolexrings.com/**

ID name communicator....and then posting content in regional language.
Before posting use google translate to help others understand what you are trying to say.
If you don''t feel to do so, then we might need a chittorgarh page for every regional / IPO.

Will take care from next time

Official announcement on price band is not yet out?

Only 4 days left for IPO to open for subscription.

Zomato
Refund abhi tk nhi aya
Upi se apply kiya tha kbtk ayega kus pta he kishiko
Or kishi ka amount block he kya

351 pages ka RaaZ

https://www1.nseindia.com/content/equities/IPO_RHP_ROLEX.pdf

Dear DBJ
Must apply with full force.
Grey above 500.
Now auto sector fancy.
Sona listed well. Very tough allotment.

Sir- Somewhere I see EPS (6M) 20-21 10.56 and here I see EPS - 35.96 - Source RHP. This is confusing 41% change reported by two different sources. Please share the dependable information link if you have. @35.96 EPS the PE will be attractive at ~24X.

THE MOST RELIABLE
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B) DRHP Filed – SEBI Approval *Awaited*: DRHP filed >2 months ago

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21) Chemspec Chemicals >>> DRHP filing date 18-Jul-21
22) Anand Rathi Wealth >>> DRHP filing date 19-Jul-21
23) Star Health and Allied Insurance Co. >>> DRHP filing date 21-Jul-21


C) SEBI Approval *Received (<3 months)*:

1) Devyani International >>> SEBI Approval 16-July-21
2) Nuvoco Vistas Corporation >>> SEBI Approval 16-July-21
3) Jana Small Finance Bank >>> SEBI Approval 09-July-21
4) Chemplast Sanmar >>> SEBI Approval 02-July-21
5) EXXARO Tiles >>> SEBI Approval 23-June-21
6) Medi Assist Healthcare Services >>> SEBI Approval 22-June-21
7) Shriram Properties >>> SEBI Approval 15-June-21
8) Paras Defence and Space Technologies >>> SEBI Approval 08-June-21
9) Utkarsh Small Finance Bank >>> SEBI Approval 03-June-21


D) SEBI Approval *Received (>3 months ago)*:

10) Arohan Financial Services >>> SEBI Approval 23-Apr-21
11) Seven Islands Shipping >>> SEBI Approval 30-Mar-21
12) Sigachi Industries >>> SEBI Approval 24-Nov-20
13) Jaikumar Constructions >>> SEBI Approval 10-Sep-20

Glen 124 129
Rol 570 585
Tatv 1040 1050

Sir, pl. share how to make 3rd party application in BOB?
Pl

do they have parent company listed in stock market

Pl anyone list out the Bank more than 1 3rd party Application. BOB is not supporting.

Darpan

I have got allotment in all recent IPO''s (dodla, shyam, ipl, zomato, clean) from Indusind bank third party application.

Thanks to all for reply.

Exxaro Tiles IPO coming soon 🔜

T-Group Listing

Himatnagar, the company was started here and also has a manufacturing plant here.

👍

Hi All
I noticed many negatives while reading the prospectus, I urge people to stay away from company.
Please dont loose your hard earned money by investing in this IPO.

More than 90% of people apply for listing gains, so until there are good GMP predictions, people will apply even if company is in loss. :)
Post some of your observations to make sense in the warning.

Can you mention them here

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 *(Tentative)*

Issue Opens on: 28 July 2021
Issue Closes on: 30 July 2021
Issue Type: Book Built Issue IPO
Issue Size: 81,51,162 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.850 – Rs.860 Share
Discount: NIL
Market Lot: 17 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 2,39,81,090 Shares
Fresh Issue of 6,51,162 Shares @860/- = Rs.56Crs
Offer for Sale of 75,00,000 Shares @860/- = Rs.645Crs
Equity Shares outstanding after the Issue = 2,46,32,252 Shares

Category-wise Break up:
Anchor – 24,45,349 Shares = 210.30Crs
QIB – 16,30,232 Shares = 140.20Crs
NII – 12,22,674 Shares = 105.15Crs
RII – 28,52,907 Shares = 245.35Crs (Lot size: 17 = 1,67,818 Forms)
Total Issue – 72,21,649 Shares = 701.00Crs.

Subscription required for 1X
RII = 1,67,818 Forms
NII = 105.15 Crs


Rolex Rings IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) DRHP = Red Herring Prospectus Dated March 17, 2021 (347 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 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 FY20-21 >>> 27.42% (Page #88 of RHP)

NAV as on March 31, 2021 was Rs.148.76 (Page #89 of RHP)

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



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

NII = 30KCrs. = ~285.31X
RII = 25L Forms = 14.90X Applic. wise (Avg allotment of ~1.14 shares per lot)

Interest cost *@8.00%p.a.* for 7days = *131.95paise for 1X*

Thus, for NII the costing = 285.31 X 131.95 paise = Rs.376.45 per share (= GMP)

And, for RII the costing = 376.45 X 1.14 = Rs.430/- (= Kostak)


Rolex Rings IPO – *GMP Estimated*
GMP 420 +/- 5
Kostak 480 +/- 10
Subject 2 @6,100/-

EPS above 36? I read somewhere 10.56 (6M)= 21.12. That way it comes to PE 24x which is attractive compared to listed competitors . Shall we apply?

@goldburger

Need to check financials of FY21, how EPS has substantial jump even there is a drop in revenue from FY20-FY21.

570 580

Gmp of Rolex rings is 540 - 545 rs..
Apply for listing gain...

Rolex 575-595

Rock rajkot rock rolex .

Rolex supply to skf Germany.

Export revenue is huge .

Ya Rajkot Rox.. Rajkot is Hub of engineering parts and diesel parts

How many 3rd party applications can be submitted in Axis ASBA, SBI, YesBank?

Maximum 5 applications from one bank account for single IPO.

If I apply my application as HNI from AXIS ASBA, then can I apply for another 5 third-party RETAIL applications from the Same AXIS ASBA?
or is it 1 mine + 4 others?
or Unlimited applications?

1 + 4 you can apply for single IPO

Kitne pages the RHP me 351 correct or not?

Underwirter is in contact as well some +44 country players

VP from rajkot via Mavericks also my friend
U know better what is Mavericks and who is VP

550 rolex buyers

1030 tatva buyers

Rolex Rings IPO – *GMP Estimated*

GMP 560 +/- 5
Kostak 535 +/- 10
Subject 2 @8,100/-