Rolex Rings Limited IPO (Rolex Rings IPO)

Rollex Rings IPO
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Launched in 2003, Rolex Rings is one of the top five companies in India. The company manufactures thermal and mechanical folding rings and car parts used in certain categories namely passenger cars, two-wheel drive, commercial vehicles, electric vehicles, off-road vehicles, industrial equipment, wind turbines, rail, etc. of product supply such as car parts, hot metal and machine-made rings weighing from 0.01 Kg to 163+ kg take care of various industries namely automotive, industrial infrastructure, rail, renewable energy, etc.

The company supplies its products in both domestic and international destinations to automotive companies and leading manufacturers such as SRF India, Schaeffler India, Timken India, etc. By 2020 fiscal year, it has sent cargo rings and car accessories to 17 different countries. namely France, Italy, Germany, Thailand, Czech Republic, USA, and others.

Currently, the factory has three production facilities in Rajkot with 22 construction cables with an integrated capacity of 1,44,750 MTPA.

Rollex Rings IPO

Competitive Strengths

  • Among the leading forging companies in India.
  • Strong manufacturing capabilities.
  • Comprehensive product portfolio.
  • Geographically diversified revenue base.
  • Strong and consistent financial performance track record.

Company Promoters

Rupesh Dayashankar Madeka, Jiten Dayashankar Madeka, Manesh Dayashankar Madeka, Pinakin Dayashankar Madeka, and Bhautik Dayashankar Madeka are the company promoters.

Company Financials

ParticularsFor the year/period ended (₹ in million)
30-Sep-2031-Mar-2031-Mar-1931-Mar-18
Total Assets6,710.266,861.737,822.578,034.97
Total Revenue2,254.596,753.329,112.547,915.43
Profit After Tax253.14529.41590.41728.77

Objects of the Issue

  • Funding long-term working capital requirements.
  • General corporate purposes.
Rollex Rings IPO
Object Of The Issue

Rolex Rings IPO – Details

IPO Opening DateJuly 28, 2021
IPO Closing DateJuly 30, 2021
Issue TypeBook Built Issue IPO
Issue Size731 Crore
Face Value₹10 per equity share
IPO Price[880] To [900] Per Equity Share
Market Lot16 Shares
Min Order Quantity16 Shares
Listing AtBSE SME
Total Share Issue81,22,222 Equity Share
RegisterLinkInTime India Private Limited

Rolex Rings IPO – Timetable

IPO Open DateJul 28, 2021
IPO Close DateJul 30, 2021
Basis of Allotment DateAug 04, 2021
Initiation of RefundsAug 05, 2021
Credit of Shares to Demat AccountAug 06, 2021
IPO Listing DateAug 09, 2021

Rolex Rings IPO Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Minimum11614,400
Maximum132081,87,200

Company Contact Information

Rolex Rings Limited
B/h. Glowtech Steel Private Limited
Gondal Road, Kotharia, Rajkot, 360 004

Phone: 0281 6699677/577
Email: compliance@rolexrings.com
Websitehttp://www.rolexrings.com/

Rolex Rings IPO FAQs

What is Rolex Rings IPO?

Rolex Rings IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at [.] to [.] per equity share. The minimum order quantity is .

The IPO opens on Jul 28, 2021, and closes on Jul 30, 2021.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Rolex Rings IPO will open?

The Rolex Rings IPO opens on Jul 28, 2021 and closes on Jul 30, 2021.
What is the lot size of Rolex Rings IPO?

Rolex Rings IPO lot size and the minimum order quantity is 16 Equity Shares at this time.
How to apply for Rolex Rings IPO?

You can apply in Rolex Rings IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Rolex Rings IPO listing date?

The Rolex Rings IPO listing date is announced. The listing of Rolex Rings IPO listing is [09 AUG 2021].

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