What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Rolex Rings Limited IPO allotment date?

The basis of allotment for Rolex Rings Limited IPO is scheduled to be finalized on 4 Aug 2021.

Where can I check Rolex Rings Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 5 Aug 2021.

IPO GreyPremiumLIVE

Grey Market Intelligence

Rolex Rings Limited

ListedMainboard

Industrials · NSE / BSE

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.

Price Band

₹880 – ₹900

Issue Size

₹731 Cr

Lot Size

16 shares

GMP

₹455

+50.6%

Est. Listing

₹1355

at current GMP

Subscribed

—

Open

28 Jul 2021

30 Jul 2021

Allotment

4 Aug 2021

Refund

5 Aug 2021

Demat Credit

6 Aug 2021

Listing

9 Aug 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Rolex Rings Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

4 Aug 2021

Basis finalization

Refunds Initiate

5 Aug 2021

Mandate release

Demat Credit

6 Aug 2021

Shares in demat

Listing Debut

9 Aug 2021

Trading begins

About Rolex Rings Limited Public Issue & Market Profile

Rolex Rings Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹731 Crores. The shares are offered at a price band of ₹880 to ₹900 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2021-07-30, the basis of allotment is scheduled to be finalized on 2021-08-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.