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ROLEXRINGSEQ / NSE, BSEListed

Rolex Rings Limited

Incorporated in 2003, Rolex Rings is one of India’s top five forging companies, manufacturing hot-rolled forged and machined bearing rings and automotive components for passenger vehicles, 2-wheelers, commercial vehicles, electric vehicles, off-highway vehicles, industrial machinery, wind turbines, and railways. Its products, including alloy steel bearing rings weighing 0.01 kg to 163+ kg, serve domestic and international markets, supplying leading automotive companies and bearing manufacturers such as SRF India, Schaeffler India, and Timken India, with exports to 17 countries including France, Italy, Germany, Thailand, Czech Republic, and the USA. The company operates three manufacturing plants in Rajkot with 22 forging lines and a total installed capacity of 1,44,750 MTPA.

₹880 - ₹900Open
Listed Price1250.00
Listing Gain+38.89%
TimelineBookbuilding IPO
Open28 Jul 2021
Close30 Jul 2021
Allotment04 Aug 2021
Listing09 Aug 2021

Quota Reservation Portions

QIBPortion: 40,61,110 shares
50%
AnchorPortion: 24,36,666 shares
30%
Nii (hni)Portion: 12,18,334 shares
15%
RetailPortion: 28,42,778 shares
35%

Minimum Application Bracket Matrix

Retail1 lots / 16 shares
₹14,400
sHNI14 lots / 224 shares
₹2,01,600
bHNI70 lots / 1,120 shares
₹10,08,000

About the Company

Incorporated in 2003, Rolex Rings is one of India’s top five forging companies, manufacturing hot-rolled forged and machined bearing rings and automotive components for passenger vehicles, 2-wheelers, commercial vehicles, electric vehicles, off-highway vehicles, industrial machinery, wind turbines, and railways. Its products, including alloy steel bearing rings weighing 0.01 kg to 163+ kg, serve domestic and international markets, supplying leading automotive companies and bearing manufacturers such as SRF India, Schaeffler India, and Timken India, with exports to 17 countries including France, Italy, Germany, Thailand, Czech Republic, and the USA. The company operates three manufacturing plants in Rajkot with 22 forging lines and a total installed capacity of 1,44,750 MTPA.

Company Promoters

Rupesh Dayashankar MadekaJiten Dayashankar MadekaManesh Dayashankar MadekaPinakin Dayashankar MadekaBhautik Dayashankar Madeka
Rolex Rings Limited IPO Details | GMP, Allotment & Financials | IPO Trending