247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Rolex Rings Limited IPO (Rolex Rings IPO) Details

Rolex Rings Limited is an Automobile - Forging And Casting based company, located in Rajkot, Rolex Rings Limited IPO size was 731.00 Cr. and was issued at 900.00 per share. The share of Rolex Rings Limited were listed at 1166.55 per share and are currently trading at 1797.45 per share.

Type :
Sub Sector : Manufacturer And Global Supplier Of Hot Rolled Forged And Machined
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
619.76 Cr.

PAT :
86.96 Cr.

Pricing Report

Issue Price :
900.00

Listing Price :
1166.55

Current Market Price :
1797.45

Issue Price vs CMP :
897.45 (99.72%)

listing Price vs CMP :
630.9 (54.08%)

Performance Report (CAGR* wise)

CAGR : 22.17
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Rolex Rings

Company Information
Rolex Rings Limited is one of the top five forging companies in India (Source: ICRA Report) and a global supplier of hot-rolled forged and machined bearing rings and automotive components. These components serve various vehicle segments, including two-wheelers, passenger vehicles, commercial vehicles, off-highway vehicles, and electric vehicles, as well as industries such as industrial machinery, wind turbines, and railways.
The company supplies both domestically and internationally to large marquee customers, including leading bearing manufacturing companies, tier-I suppliers to global auto companies, and some automobile OEMs. According to the ICRA Report, major players in the Indian bearing industry, such as SKF India Limited, Schaeffler India Limited, Timken India Limited, NEI, and NRB, account for 81% of the market share. The company is also one of the
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Object of Issue
  • Funding long-term working capital requirements
  • General Corporate Purposes

Rolex Rings MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Aug, 2021
IPO Size :
731.00 Cr.
IPO Subscription :
130.44 X     
PE Multiple :
28.18
Merchant Banker :
Idbi Capital Market Services Limited
IPO Registrar:
Link Intime India Private Limited

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Peer Companies Of This Sector

FAQs

Rolex Rings operates in Automobile - Forging And Casting and Manufacturer And Global Supplier Of Hot Rolled Forged And Machined. The Issue is listed on MainBoard in Aug, 2021. Rolex Rings IPO size was 731.00 Cr. with Issue price of 900.00 .

Merchant Banker(s) of Rolex Rings IPO: Idbi Capital Market Services Limited , Equirus Capital Private Limited , Jm Financial Limited

Rolex Rings IPO subscription was 130.44 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Rolex Rings IPO listed at a listing price of 1166.55 against the offer price of 900.00.

The current market price of Rolex Rings is 1797.45.

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