Wednesday, July 21, 2021

Rolex Rings IPO GMP, Grey Market Premium & Kostak Rates Today

Check out Rolex Rings IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Rolex Rings IPO GMP started on a good note.

Rolex Rings IPO to hit the market on 28 July 2021. The company to raise ₹700 crore via initial public offer. The company is one of the leading forging companies in India based in Rajkot. They are among the top 5 companies and supply products that includes hot rolled forged & machine bearing rings and automotive components. As per the financial results the company looks strong and the GMP started very well. The IPO price band is also not fixed yet. The Rolex Rings IPO to list on NSE and BSE.


    What is Rolex Rings IPO GMP Today?

    • The Rolex Rings IPO GMP aka grey market premium is ₹400.


    What is Rolex Rings IPO Kostak Rates Today?

    • The Rolex Rings IPO kostak rate is ₹350.


    What is Rolex Rings IPO Subject to Sauda Price Today?

    • The Rolex Rings IPO subject to sauda rates is ₹3000.


    Rolex Rings IPO Expected Returns?

    • The Rolex Rings expected return is 20%.


    Rolex Rings IPO GMP Rates day by day with Kotak rates.

    Date
    GMP
    Kostak Subject to
    23 July ₹400 ₹350 ₹3000
    22 July ₹250 ₹350 ₹3000
    21 July ₹0 ₹0 ₹0
    20 July ₹0 ₹0 ₹0
    19 July ₹0 ₹0 ₹0

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    About Rolex Rings

    Where innovation, precision and revolution drives motion engineering towards excellence, every rising day! That’s how the world of automotive focus on Rolex Rings.Based at Rajkot (Gujarat) India, Rolex Rings is among the leading manufacturers of forged and machined components in India. It is an ace development partner manufacturing high-quality, world-class, customized automotive components as well as bearing rings for a huge base of clientele spread across the globe. Having expertise in precision engineering of various Forging and machining over a period of 4 decades. Rolex has garnered a wealth of expertise in manufacturing transmission components, engine components, chassis components, exhaust system components and bearing rings.

    Rolex Rings IPO Date & Price Band

     IPO Open:  28 July 2021
     IPO Close:  30 July 2021
     IPO Size:  Approx ₹700 Crores
     Fresh Issue:  Approx ₹70 Crores
     Offer for Sale:  Approx ₹630 Crores, 65,00,000 Shares
     Face Value:  ₹10 Per Equity Share
     Price Band:  ₹850 to ₹860 Per Share (Estimated)
     Listing on:  BSE & NSE
     Retail Portion:  35%
     Equity:  81,51,162 Shares

    Rolex Rings IPO Market Lot

     Minimum Lot Size:  Minimum 17 Shares
     Minimum Amount:  ₹14,620
     Maximum Lot Size:  Maximum 221 Shares
     Maximum Amount:  ₹190,060

    Rolex Rings IPO Date, Time Table, Allotment & Listing

     Price Band Announcement:  23 July 2021
     Anchor Investors Allotment:  27 July 2021
     IPO Open Date:  28 July 2021
     IPO Close Date:  30 July 2021
     Basis of Allotment:  04 August 2021
     Refunds:  05 August 2021
     Credit to Demat Account:  06 August 2021
     IPO Listing Date:  09 August 2021

    Rolex Rings IPO GMP aka Grey Market Premium FAQs:


    What is Rolex Rings IPO GMP Today?
    Rolex Rings IPO GMP is ₹400 as on today.

    What is Rolex Rings IPO Kostak Rate Today?
    Rolex Rings IPO Kostak Rate is ₹350 as on today.

    What is Rolex Rings IPO Subject to Sauda Today?
    Rolex Rings IPO Subject to Sauda is ₹3000 as on today.

    What is Rolex Rings IPO Expected Returns?
    Rolex Rings IPO Expected Returns is 20% .

    Disclaimer:
    •  IPO Grey Market Premium (Rolex Rings IPO GMP) mention is valid for the specific date as mentioned in the header.
    •  We are not buying and selling IPO forms on IPO Grey Market.
    •  Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
    • Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies.