ListedMainboardROLEX
Rolex Rings Limited
Rolex Rings Limited is a mainboard IPO raising ₹731 Cr at ₹880 – ₹900 a share. It listed on 9 Aug 2021 and trades at ₹163 today, +81.0% against its issue price of ₹900, after adjusting for bonus issues or splits: one share allotted at the IPO is now 10 shares. It was subscribed 130× in total.
₹900
Issue price
₹163
Price now
+81.0%
Since issue price
9 Aug 2021
Listed on
130×Subscribed (final) · all exchanges
130.4 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹880 – ₹900
Cut-off price₹900
Issue size₹731 Cr
Shares per lot16
Minimum application₹14,400
Minimum quantity16
Face value₹10
Listing exchanges—
ISININE645S01016
Bidding hours10:00 – 17:00 IST
Bidding window28 Jul 2021 – 30 Jul 2021
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.