The wait is finally over as the finalisation of share allotment of Rolex Rings IPO is expected to get completed by today. However, as per Edelweiss APP, the finalisation date is 5 August. The investors who have subscribed this stock can now check the status of allotment on via BSE website or through the website of the registrar. Want to know how to check the Allotment Status? Here is how to do it?   

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The investors can check the allotment status either through the BSE direct online link or through Link Intime India Pvt Ltd, who is the registrar for this public issue. The direct link is https://linkintime.co.in/MIPO/Ipoallotment.html.

See Zee Business Live TV Streaming Below:

https://linkintime.co.in/MIPO/Ipoallotment.html    

Step 2: Again, select IPO Name- 'Rolex Rings Limited'       

Step 3: Here, fill in details such as PAN number, application number or DP ID       

Step 4: Now, click on 'Search' Button. You can now see your Rolex Rings IPO Allotment on the screen.    

Investors must look at the previous financials, Market Guru said. It is unlikely that the stock will be listed at a discount, he added. Investors can apply for listing gains, the Managing Editor said.    

Any further view on the stock will be taken only after the listing, the Singhvi said. But it is recommended for investors who want to take risk, he cautioned.   

  Rolex Rings IPO – Complete Timeline   

The tentative timeline is as follows and as per the information on Edelweiss App: 

  1. The Rolex Rings IPO ended on 30 July   
  2. The allotment of shares is likely to be completed by 5 August   
  3. Initiation of refunds likely to start from 6 August   
  4. Transfer of shares to demat accounts likely on 9 August   
  5. Listing likely on 10 August.   

About - Rolex Rings IPO     

- Symbol - ROLEX   

- Issue Period - 28-Jul-2021 to 30-Jul-2021   

- Issue Type - 100 per cent Book Building   

- Price Range - Rs 880 to Rs 900   

- Face Value - Rs 10