Aug 09, 2021 11:20 PM IST
The company's market valuation was at Rs 3,176.90 crore on the BSE. The company's market valuation was at Rs 3,176.90 crore on the BSE.
- Aug 09, 2021 11:05 PM IST
TCG Funds Fund 1 bought 1.26 lakh equity shares in Zeal Aqua at Rs 158 per share on the BSE.
- Aug 09, 2021 01:06 PM IST
Rolex Rings rallied up to Rs 1,264.95, an intraday high, up 40 percent, whereas analysts had expected it to debut with 45-50 percent premium.
- Aug 09, 2021 10:03 AM IST
Rolex Rings IPO: The Rs 731-crore public issue of the automotive components manufacturer had seen overwhelming response from investors as it was oversubscribed by 130.44 times during July 28-30.
- Aug 08, 2021 12:54 PM IST
Rolex Rings IPO: The stock is expected to list at a 45-50 percent premium over the final issue price of Rs 900. Hence, investors stand to make a profit of Rs 6,480-7,200 per lot on an investment of Rs 14,400 per lot of shares.
- Aug 07, 2021 01:55 PM IST
Rolex Rings will debut on both BSE and NSE on August 9.
- Aug 01, 2021 03:00 PM IST
After the finalisation of share allotment, funds will be refunded to ineligible investors on August 5, and equity shares will be credited to the demat accounts of eligible investors on August 6.
- Jul 30, 2021 11:36 AM IST
Investors have put in bids for 74.15 crore equity shares against offer size of 56.85 lakh equity shares, the subscription data available on exchanges showed.
- Jul 29, 2021 11:53 AM IST
Rolex Rings IPO has, so far, received bids for 2.87 crore equity shares against an initial public offering size of 56.85 lakh equity shares
- Jul 28, 2021 12:29 PM IST
Arihant Capital has come out with its report on Rolex Rings. The research firm has recommended to ''Subscribe'' the ipo in its research report as on July 27, 2021.
- Jul 28, 2021 12:23 PM IST
KR Choksey has come out with its report on Rolex Rings. The research firm has recommended to ''Subscribe'' the ipo in its research report as on July 28, 2021.
- Jul 28, 2021 11:27 AM IST
Rolex Rings IPO: At the upper band of IPO price of Rs 900, it is valued at a P/E multiple of 35 (on recalculated EPS excluding the Rs 25 crore deferred tax credit) which is lower than the industry average of 83, said KR Choksey Research.
- Jul 28, 2021 10:50 AM IST
Investors tracking Rolex Rings need to keep an eye on cyclicality in the auto sector
- Jul 28, 2021 08:57 AM IST
Rolex Rings IPO: At higher price band of Rs 900, Rolex Rings is demanding a price-to-earnings (P/E) valuation of 28.2x (to its restated FY21 EPS of Rs 31.9) with a market cap of Rs 2,451 crore, while its peers namely Ramkrishna Forgings and MM Forgings are trading at a P/E of 123.30 and 37.14, respectively
- Jul 27, 2021 08:21 PM IST
Marquee investors participated in the anchor book were Invesco Mutual Fund, Matthews Asia Funds, and HSBC Global Investment Funds.
- Jul 27, 2021 08:20 PM IST
Auto ancillary player Rolex Rings is all set to open its IPO for subscription on 28 July 2021. Ahead of that, Karunya Rao fills us in on all the details to help you decide if you should subscribe to the offer or not.
- Jul 27, 2021 03:45 PM IST
The public issue will be open for subscription between July 28-30.
- Jul 26, 2021 03:24 PM IST
The offer will close on July 30. The price band is fixed at Rs 880-900 per share. At the higher price band, the minimum investment amount would be Rs 14,400 and the maximum would be Rs 1,87,200 for 13 lots. Retail investors are not allowed to invest beyond Rs 2 lakh.
- Jul 26, 2021 12:39 PM IST
The primary market is abuzz in 2021. This week, two companies - Glenmark Life Sciences and Rolex Rings - have launched their maiden public issue. Read on to know which one market experts prefer if you need to choose one of the two
- Jul 26, 2021 09:16 AM IST
Rolex Rings IPO: The issue will open on July 28 and close on July 30. The anchor book, if any, will open for bidding for a day on July 27.
- Jul 24, 2021 09:14 PM IST
Rolex Rings IPO: The IPO comprises a fresh issue of up to Rs 56 crore and an offer for sale of up to 75 lakh equity shares by Rivendell PE LLC. The issue will close on July 30.
- Jul 02, 2021 06:30 PM IST
Indian primary market to see continued action in July & the rest of the year. At least 20 companies have filed papers with SEBI for a public offer in 2021. Watch the video to know which IPOs you should watch out for.
- Jun 01, 2021 03:29 PM IST
Sebi's observation is necessary for any company to launch public issues like IPO, follow on public offer (FPO) and rights issue.
- Mar 21, 2021 11:13 AM IST
So far this year, 16 companies have filed draft papers for their respective initial public offers (IPOs) as these firms are expecting to benefit from an equity market which is flush with liquidity and has seen a sharp increase in new retail investors.