Rolex Rings Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹880-₹900
- Lot size
- 16 shares
- Issue amount
- ₹731 cr
- Total subscription
- 0×
- Opens
- 28 Jul 2021
- Closes
- 30 Jul 2021
- Allotment
- 4 Aug 2021
- Listing
- 9 Aug 2021
Offer at a glance
Issue overview
- Issue size
- 81,22,222 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,080
- Fresh issue
- ₹56 cr
- Offer for sale
- ₹675 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,400
- Issue type
- Bookbuilding IPO
- Shares before issue
- 2,66,11,090
- Shares after issue
- 2,72,33,312
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 16 | ₹14,400 |
| sHNI | 14 | 224 | ₹2,01,600 |
| bHNI | 70 | 1,120 | ₹10,08,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 2003, Rolex Rings is one of India’s top five forging companies, manufacturing hot-rolled forged and machined bearing rings and automotive components for passenger vehicles, 2-wheelers, commercial vehicles, electric vehicles, off-highway vehicles, industrial machinery, wind turbines, and railways. Its products, including alloy steel bearing rings weighing 0.01 kg to 163+ kg, serve domestic and international markets, supplying leading automotive companies and bearing manufacturers such as SRF India, Schaeffler India, and Timken India, with exports to 17 countries including France, Italy, Germany, Thailand, Czech Republic, and the USA. The company operates three manufacturing plants in Rajkot with 22 forging lines and a total installed capacity of 1,44,750 MTPA.
Strengths
- Leading Forging Company: One of India’s top forging manufacturers.
- Strong Manufacturing: Advanced production capabilities.
- Wide Product Range: Offers a comprehensive portfolio of products.
- Diversified Revenue: Generates income from multiple geographies.
- Consistent Financials: Demonstrates a strong track record of performance.
Promoters
Rupesh Dayashankar Madeka
Jiten Dayashankar Madeka
Manesh Dayashankar Madeka
Pinakin Dayashankar Madeka
Bhautik Dayashankar Madeka
Registrar & documents
Lead manager
Equirus Capital Private Limited, IDBI Capital Market Services Limited, Jm Financial Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
B/h. Glowtech Steel Private Limited Gondal Road, Kotharia, Rajkot, 360 004
0281 6699677/577
[email protected]Company website ↗Understanding ROLEXRINGS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.