India's richie rich will have to shell out more to be in the IPO leagueWith the spate of recent issues resulting in money getting locked up and funded bets made on the last two offerings resulting in losses, fi...
10 Aug, 2021, 07.05 AM IST
Rolex Rings makes strong debut, lists at 39% premium over issue priceLast heard, the Rs 731-crore IPO which was subscribed fully within minutes of opening, was commanding a premium of Rs 390-Rs 400 in the gre...
09 Aug, 2021, 10.03 AM IST
Rolex Rings IPO: Grey market signals listing pop, but with a cautionKaushlendra Singh Sengar, Founder & CEO, INVEST19 expects Rolex Rings to list at around 50 per cent premium on Monday, considering the "ine...
08 Aug, 2021, 03.06 PM IST
Crowding of IPOs cuts grey market premia; listing candidates lose mostLarger issues like Devyani International is commanding a premium of 70-75 per cent, or Rs 63-65, over its price band of Rs 86-90, whereas K...
05 Aug, 2021, 06.02 PM IST
Strong listing gains for Rolex Rings likely. Here's how to check allotment statusLast heard the unlisted stock was commanding a grey market premium of Rs 530-540 over the IPO price band of Rs 880-900. It suggests a poten...
02 Aug, 2021, 01.26 PM IST
Rolex Rings initial offer subscribed 130 timesThe `731-crore initial public offering of Rolex Rings, an automotive component company, was subscribed 130 times on Friday— the last day of...
31 Jul, 2021, 08.59 AM IST
Rolex Rings IPO subscribed 130 times on Day 3The company and shareholders plan to raise Rs 731 crore from primary markets. The offer comprises fresh issue of Rs 56 crore and offer for ...
30 Jul, 2021, 05.52 PM IST
Rolex Rings IPO subscribed 9.3 times on Day 2The offer comprises fresh issue of Rs 56 crore and offer for sale of 75 lakh shares. Investors can bid in a multiple of 16 shares and multi...
29 Jul, 2021, 05.19 PM IST
Rolex Rings IPO sails through on Day 1Most analysts suggest subscribing to Rolex Rings IPO. However, some say a degree of caution is needed.
28 Jul, 2021, 05.15 PM IST
Rolex Rings’ Rs 731 cr IPO opens. Should you subscribe?The company and shareholders plan to raise Rs 731 crore from primary markets. The offer comprises fresh issue of Rs 56 crore and offer for ...
28 Jul, 2021, 09.11 AM IST
Rolex Rings IPO opens today: Should you subscribe?Given the cyclical nature of the business, past record of loan default, growth prospects, better return ratios, and a focus on reducing deb...
28 Jul, 2021, 06.28 AM IST
Rolex Rings raises Rs 219 crore from anchor investors ahead of IPOThe company has decided to allocate 24,36,666 equity shares to anchor investors at Rs 900 per share, taking the transaction size to Rs 219....
27 Jul, 2021, 11.53 PM IST
Grey market premium hits crazy levels; time to turn cautious?Dealers in the market in unlisted shares said grey market premium for Tatva Chintan Pharma Chem has jumped to Rs 1,140-1,150 over its price...
27 Jul, 2021, 07.49 PM IST
India Inc seeks Rs 20,000 crore more in IPO seasonCompanies usually time their IPO launches based on the market sentiment and investor appetite for these share sales. Bankers said if the mo...
27 Jul, 2021, 07.54 AM IST
Rolex Rings announces price band for Rs 731 crore IPO; issue opens on WednesdayOn the block is a fresh issue of shares aggregating up to Rs 56 crore and an offer for sale of up to 7,500,000 shares.
26 Jul, 2021, 11.42 AM IST
Rolex Rings gets Sebi nod to launch IPOBased at Rajkot in Gujarat, Rolex Rings is among the leading manufacturers of forged and machined components in the country.
01 Jun, 2021, 12.53 PM IST
Rolex Rings files IPO papers with SebiProceeds from the fresh issue would be used towards funding long-term working capital requirements as well as general corporate purposes.
22 Mar, 2021, 09.44 AM IST