Rolex Rings Limited IPO

Rolex Rings Limited IPO is listed on BSE and NSE, priced at ₹880–₹900 per share. The stock debuted at ₹1250, delivering a listing gain of 38.9%. The IPO had a lot size of ₹16 shares and a minimum investment of ₹14,400.

Rolex Rings Limited IPO

Mainboard Listed
₹14,400 (16 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jul 28, 2021 – Jul 30, 2021
Price band
₹880-900 per equity share
Minimum Investment
₹14,400
Issue size
₹731 Crs
Lot size
16
Allotment Date
Aug 4, 2021
Listing
Aug 9, 2021
Listing At
BSE, NSE

IPO timeline

  1. Jul 28, 2021

    Open Date

    Completed

  2. Jul 30, 2021

    Close Date

    Completed

  3. Aug 4, 2021

    Allotment Date

    Completed

  4. Aug 9, 2021

    Listing Date

    Completed

Price Summary

Last closing
149.13 (-83.43%)
52 week high
176.00
52 week low
99.79
Last update

Rolex Rings Limited IPO Essentials

Rolex Rings Limited IPO Details

Rolex Rings Limited IPO is priced at ₹880-900 per share with a total issue size of ₹731 Crs. The IPO has a lot size of 16 shares and is listed on BSE and NSE.

Issue price
₹880 to ₹ 900 per equity share
Lot size
16 shares
Face value
₹10 Per Equity Share 
Issue size
₹731 Crs
Listing at
BSE, NSE
List price
1250.0(NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Equirus Capital Private Limited, IDBI Capital Market Services Limited, JM Financial Consultants Private Limited

Rolex Rings Limited IPO Details

  • Retail Portion 35%

Rolex Rings Limited IPO Documents

Rolex Rings Limited IPO Analytics

Rolex Rings Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Rolex Rings Limited IPO Subscription Status

Rolex Rings Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
Retail Total
Shares Offered / Reserved 16,24,444
12,18,334
28,42,778 56,85,556
Day 1 28-07-20 05:00 PM
0.00 x
1.34x
7.11 x 3.84 x
Day 2 29-07-20 05:00 PM
0.23 x
5.85x
15.88 x 9.26 x
Day 3 30-07-20 05:00 PM
143.58 x
360.11x
24.49 x 130.43 x
Total No. of Applications
category wise applications
3489375 (Approx) 19.64

Rolex Rings Limited Valuations

Earnings

EPS (Post IPO)
₹35.96/-

Returns

RoNW
27.42%

Data sourced from DRHP / RHP • For educational purposes only

Rolex Rings Limited Financials( In Crs.)

31-Mar-21 31-Mar-20 31-Mar-19 31-Mar-18
Assets 796.92 686.17 782.25 803.49
Revenue 619.75 675.33 911.25 791.54
Profit After Tax 86.95 52.94 59.04 72.87

Rolex Rings Limited Company & Offer Insights

About Rolex Rings Limited

Rolex Rings is among the top five forging companies in India. The company manufactures hot rolled forged & machine bearing rings and automotive components that are used across segments i.e. passenger vehicles, 2-wheelers, commercial vehicles, electric vehicles, off-highway vehicles, industrial machinery, wind turbines, railways, etc. A wide range of product offerings such as automotive parts, hot forged and machined alloy steel bearing rings weighing from 0.01 Kg to 163+ kg caters to different industries i.e. automotive, industrial infrastructure, railways, renewable energy, etc.

The company supplies its products on both the domestic as well as international ground to automotive companies and leading bearing manufacturers such as SRF India, Schaeffler India, Timken India, etc. In fiscal 2020, it has exported bearing rings and automotive components to 17 different countries i.e. France, Italy, Germany, Thailand, Czech Republic, USA, and others.

Currently, the firm has 3 manufacturing plants in Rajkot with 22 forging lines with an aggregated installed capacity of 1,44,750 MTPA.

Rolex Rings Limited Promoter(s)

Rupesh Dayashankar Madeka, Jiten Dayashankar Madeka, Manesh Dayashankar Madeka, Pinakin Dayashankar Madeka, Bhautik Dayashankar Madeka are the company's promoters of Rolex Rings Limited.

Rolex Rings Limited IPO Issue Objectives

Funding long-term working capital requirements.
General corporate purposes.

Rolex Rings Limited IPO - Anchor Investors

Rolex Rings mops up Rs 219.3 crore through anchor investors, ahead of IPO opening

Marquee investors participated in the anchor book were Invesco Mutual Fund, Matthews Asia Funds, and HSBC Global Investment Funds.

Domestic investors including HDFC Trustee, ICICI Prudential, Axis Mutual Fund, Aditya Birla Sun Life, SBI Mutual Fund, Kotak Mutual Fund, L&T Mutual Fund and Nippon Life India also received shares through anchor book.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Rolex Rings Limited IPO is a book-built IPO worth ₹731 Crs. The price band is ₹880–₹900 per share. The IPO opens on Jul 28, 2021 and closes on Jul 30, 2021. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Rolex Rings Limited IPO is ₹880 to ₹900 per share.

The lot size of Rolex Rings Limited IPO is 16 shares.

The minimum investment for Rolex Rings Limited IPO is approximately ₹14,400 based on the upper price band .

Rolex Rings Limited IPO opens on Jul 28, 2021 and closes on Jul 30, 2021.

The allotment date of Rolex Rings Limited IPO is Aug 4, 2021.

Rolex Rings Limited IPO is expected to be listed on Aug 9, 2021, on BSE and NSE .

Rolex Rings Limited IPO listed on Aug 9, 2021. It was issued at ₹1250.0(NSE) and is currently around ₹149.13 as on 14-May-2026 3:30 PM, which is approximately -83.4% versus issue price. The 52-week high is ₹176.00.

Based on listing and post-listing performance, Rolex Rings Limited IPO delivered around -83.4% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Rolex Rings Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Rolex Rings Limited IPO valuation snapshot: P/E N/A, EPS ₹35.96/-, P/B N/A, RoNW 27.42%, and market cap N/A.

To apply for Rolex Rings Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Rolex Rings Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Rolex Rings Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Rolex Rings Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rolex Rings Limited IPO allotment status on IPO Ji for quick and easy access.