Rolex Rings Limited IPO
Rolex Rings Limited was a mainboard IPO in the Auto Components & Equipments sector, offered at ₹88–₹90 per share to raise ₹731 crore. It listed on 9 Aug 2021 at ₹125 and closed its first day at ₹117, a listing gain of +29.7% versus the ₹90 issue price. It now trades around ₹163 (+80.6% versus the issue price).
Frequently asked questions
- What were the Rolex Rings Limited IPO listing gains?
- Rolex Rings Limited listed on 9 Aug 2021 at ₹125, closing its first day at ₹117 — a listing gain of +29.7% versus the ₹90 issue price.
- What was the price band and lot size of the Rolex Rings Limited IPO?
- The price band was ₹88–₹90 per share, with a minimum lot of 16 shares (₹1,440 at the upper band).
- Who were the registrar and lead manager for the Rolex Rings Limited IPO?
- Link Intime India Pvt Ltd was the registrar, and Equirus was the book-running lead manager.