Company History:-
Rolex Rolled Rings started as a partnership in 1977-78 under the name Rolex Industries, and was later converted into a joint stock company under the Companies Act 1951, with the name Rolex Rings Pvt Ltd and a certificate of incorporation dated February 13, 2003.
Business Overview:-
The company produces hot rolled forged and machine bearing rings, as well as automotive components for vehicle segments such as two-wheelers, passenger vehicles, commercial vehicles, off-highway vehicles, electric vehicles, industrial machines, wind turbines, and railways. The Company domestically and internationally to large marquee customers, including some leading bearing manufacturing companies. The Company has 22 forging lines with a combined installed capacity of 1,44,750 M.T.P.A., Machining facility with 528 spindles and a total install capacity of 69 million components per year.
Company Strength:-
- One of the Top 5 Forging Company.
- Strong Manufacturing Capacity
- Good business background History.
- Export in 19 Countries since long time with healthy relation
- Continue financial growth
|
Particulars |
Years (amt in a million) |
||
|
31-03-2021 |
31-03-2020 |
31-03-2019 |
|
|
Total Assets |
7969.24 |
6861.73 |
7822.57 |
|
Total Revenue |
6197.57 |
6753.32 |
9112.54 |
|
Profit After Tax |
869.55 |
529.41 |
590.51 |
|
IPO Opening Date |
28-07-2021 |
|
IPO Closing Date |
30-07-2021 |
|
Face Value |
10 Rs. Per Equity Share |
|
IPO Price |
880 Rs. To 990 Rs. |
|
Market Lot |
16 Shares |
|
Listing At |
BSE, NSE |
|
Issue Size |
731 CR. |
IPO Time Table:-
|
IPO Open Date |
28-07-2021 |
|
IPO Close Date |
30-07-2021 |
|
Allotment Date |
04-08-2021 |
|
Listing Date |
09-08-2021 |
IPO Lot Size:
minimum lot size 1 (16 shares =14400Rs.) & maximum lot size 13 (208 shares = 187200Rs.)
Grey Market Premium:-
Grey market premium as on 27-07-2021 is 450 Rs. per share.
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