Rolex Rings IPO Listing Date – likely on 10 August, allotment on 5 August; Retail investors subscribe 11.74 time on NSE, 12.76 on BSE – Check Allotment here

The Initial Public Offering (IPO) of Rolex Rings Limited ended on 30 July (Friday). The IPO received strong response from all class of investors - the Retail Individual Investors (RIIs), non-institutional investors and Qualified Institutional Buyers (QIBs). Here is the latest update over the three-day period.  

Rolex Rings IPO shares have been subscribed 82.03 times over the three-day period. The RIIs have subscribed the issue 11.74 times at over 33. 36 million share bids on 2.84 million shares offered. The non-institutional investors have subscribed the shares 294.18 times.  

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Meanwhile, the QIBs, have subscribe 45.92 times by the end of the three-day issue period which means that 7,45,87,040 bids were placed for 16,24,444 shares available for this segment. The information has been sourced from NSE. 

Meanwhile, on the BSE, this issue was subscribed by 12.76 by the RIIs. The total subscription was 48.41 time by all class of investors.

Those who have subscribed this issue can check the allotment status by doing this: 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 

Rolex Rings IPO - Check the allotment status on the website of BSE  

Step 1: Visit the link: bseindia.com/investors/appli_check.aspx on BSE official website.      

Step 2:  In the dropdown menu select 'Equity' for issue type      

Step 3: Now, select the name of the IPO, which is 'Rolex Rings Limited' in this case      

Step 4: Here, you will be asked to verify application number & PAN number      

Step 5: Hit search button and you are good to go. You can see your IPO allotment on the screen      

Steps to check Rolex Rings IPO allotment via Link Intime   

Step1: Visit Link Intime India Private Limited IPO allotment link: 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.   

Rolex Rings IPO – Complete Timeline - The tentative timeline is as follows and as per the information on Edelweiss App:   

•             The Rolex Rings IPO ends on 30 July   

•             The allotment of shares is likely to be completed by 5 August   

•             Initiation of refunds likely to start from 6 August   

•             Transfer of shares to demat accounts likely on 9 August   

•             Listing likely on 10 August.