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.  

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

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.  

See Zee Business Live TV Streaming Below:

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.