Rolex Rings IPO Subscription Status

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Last updated on July 30th, 2021 at 05:17 pm

Rolex Rings IPO Subscription Status

What is the subscription status for Rolex Rings Limited IPO?

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Subscription Status {no. of times (x)}
Particulars Shares Offered 28th Jul 29th Jul 30th Jul
QIB 16,24,444 0.00 0.23 143.58
NII 12,18,334 1.34 5.85 360.11
Retail 28,42,778 7. 11 15.89 24.49
Total 56,85,556 3.84 9.26 130.44

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Rolex Rings IPO- Should you subscribe

How much is the retail category subscribed?

The retail category is subscribed by 24.49 x on the last day of the offer and the offer is subscribed 130.44x as a whole.

What is the GMP of  Rolex Rings IPO?

The GMP of Rolex Rings IPO was 50% i.e. Rs 450 per share in the grey market.

How much amount is raised from the anchor investors?

Rolex Rings has raised Rs 219 crore from the anchor investors ahead of its IPO.

What to know before investing in Tech IPOs?

Who are the anchor investors of Rolex Rings?

ITPL – Invesco, Matthews Asia, HSBC Global Investment were the marquee investors who participated in the anchor book. Domestic investors included HDFC Trustee Company Ltd, ICICI Prudential, Axis Mutual Fund, Kotak Mahindra Life Insurance, and Nippon Life India Trustee among others.

When will the shares be credited to the Demat account?

Important Dates of Rolex Rings IPO

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Rolex Rings IPO Allotment and Listing
Basis of Allotment 05-Aug-21
Refunds 06-Aug-21
Credit to Demat Account 07-Aug-21
Listing Date 09-Aug-21

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All you want to know about IPO Process

 

CA Priyanka Choudhary Jain

 

Disclaimer: The above content is for general info purpose only and does not constitute professional advice. The author/ website will not be liable for any inaccurate / incomplete information and any reliance you place on the content is strictly at your risk.

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