ROLEX RINGS IPO REVIEW, DETAILS, AND INFORMATION:
Rolex Ring Is Top Automotive, Machine Bearing, And Ring Manufacturing Company In India. This Part Use In Two-wheelers, Electric vehicles, Passenger vehicles, Commercial vehicles, Non Commercial vehicles, All Type Of Vehicles, and Use In Trains Parts, Industrial Machine Parts. Rolex Ring Supply Parts All Over India And Other Foreign Countries. Also Rolex Ring Supply His Products Leading Bearing Company. This Company Gives Good Quality Products For His Customers.
ROLEX RINGS LOCATION IN INDIA:
This Company Manufacturing Plants In Rajkot Gujarat. All Parts Manufacturing In This Plant And Supply All Over India By This Plant. There Are Three Plant Available In Rajkot Gujarat. Company Clients List Is So Good. Company Supply Products Germany, Thailand, Italy, Czech Republic, France, USA, and Other Countries.
Rolex Ring Company Generate Good Revenue From Year To Year. Mostly 10 Top Customers Buy Their Products And Give Good Amount Of Money. This Is a Good Long Viewer Company. Good Foreign Investor Available In This Company. Rolex Ring Is Top Company In This Sector.
MARK POINT OF ROLEX RING:
- Good Foreign Customers Available
- Focus on Giving Quality Automotive, Machine Bearing, And Ring.
- Good Foreign Revenue Generate.
- Smart Engineer Design Parts.
INVESTOR AND PROMOTERS LIST IN ROLEX RING:
- HDFC MULTI-ASSET FUND
- ICICI PRUDENTIAL FUND
- AXIS EQUITY FUND
- ITPL FUND
- SBI CONTRA FUND
- NIPPON INDIA SMALL CAP
Opinion Of Crachza Team:- AVG IPO. Not for Long Term (Note:- This Is Only Information And Knowledge Purpose).
ROLEX RING FINANCIAL REPORT:
| REPORT | FY2019 | FY2020 | FY2021 |
| Assets | 7,822.57 | 6,861.73 | 7,969.24 |
| Revenue | 9,112.54 | 6,753.32 | 6,197.57 |
| Profit After Tax | 590.41 | 529.41 | 869.55 |
Source: Rolex Ring Financial Report.
ROLEX RING IPO DETAILS:
| IPO Open Date | Jul 28, 2021 |
| IPO Close Date | Jul 30, 2021 |
| Type Of Issue | Book Built IPO |
| Value | ₹10 |
| Price Of IPO | ₹880 to ₹900 Per share |
| Lot Size | 16 |
| Min Quantity | 16 |
| Listing Platform | BSE, NSE |
| Size Issue | ₹731.00 Cr |
| Fresh Issue | 56 Cr |
| Sale Price | ₹675 Cr |
This IPO Is Avg IPO In Indian Gray Market. This Sector Is Good Performed. QIB, NII, RII Subscribe This IPO By Low at This Moment Price. This IPO Issue Size is ₹731.00 Cr and the Fresh Issue Size is 56.00 Cr. Rolex Ring Issue Sale Price Is 675 Cr.
Rolex Ring Is a Profitable Company. Rolex Ring Is Give Avg Profit.
ROLEX RING IPO SCHEDULE:
| Open Date | 28/07/2021 |
| Close Date | 30/07/2021 |
| Allotment Date | 04/07/2021 |
| Refunds | 05/07/2021 |
| Credit Stock In Account | 06/07/2021 |
| Listing Date | 09/07/2021 |
Rolex Ring IPO Open Date is 28 JULY and Close Date Is 30 JULY. Allotment Date of This IPO Is Aug 4 and Refund Is Unblock In Bank Account Aug 5. Stock Credit In Demate Account on Aug 6 Than IPO Is Listing In BSE and NSE Platform on Aug 9, 2021. Trading Start in This Company at 10:00 am.
IPO LOT SIZE:
This IPO Min Lot Size 1 (16 Quantity in one Lot) and Price of One Lot (880 to 900) So Total Amount is (14,080 to 14400).
Max Lot Size 13 (16 Quantity in one Lot) Total Amount Is (183,040 to 187,200).
This Company is one of the Good Ring And Other Products Companies Listed on BSE and NSE So This Company Gives Good Short Term Returns for its Share Holders. This Is a Not a Good Future Profitable Company. Big Stock Player Also Invested in Rolex Rolled For Short Term and According To Rumors Investor are Not h0ld This Stock For Long Term.
IPO SUBSCRIBE DETAILS OF ROYAL RING:
Live Update(30/07/2021) Time (17:00).
| Category | IPO Subscribe Rate |
| QIB (Qualified Institutional Buyer) | 143.58 MULTIPLE TIME |
| NII (Non-Institutional Investor) | 360.11 MULTIPLE TIME |
| RII (Retail Individual Investor) | 24.49 MULTIPLE TIME |
| Total Subscribe | 130.44 MULTIPLE TIME |
GRAY MARKET PREMIUM OF ROLEX RING:
Rolex Rolled Today Gray Market Premium Is 470 Rupees Is Avg Premium Rate. Around 53% Premium Running. Premium Rate Are Going High in This IPO. Big Company IPO Coming So Good Performance Give This IPO in Short Term.
How To Check IPO Allotment Details:
Rolex Rolled IPO Allotment Check By BSE Website:- Not Available
Rolex Rolled IPO Partner Company Website:- No Available
Glenmark IPO Details Check.
#Note:- This All Content Provide Only Education And Information Purpose. We Are Not Trade-In Gray Market. We Are Provide Only Information. Consult Your Advisor Before Investing.