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Rolex Rings Ltd
Rolex Rings Ltd
Registered Office : B/H Glowtech Steel Pvt Ltd,Gondla Road Kotharia,Rajkot Gujarat 360004 Phone :
Fax :
Email : compliance@rolexrings.com
Website : www.rolexrings.com
Initial Public Offering of 8,122,222 equity shares of face value of Rs.10 each ("equity shares") of Rolex Rings Limited (the "company" or the "issuer") for cash at a price of Rs. 900 per equity share including a securities premium of Rs. 890 per equity share (the "offer price") aggregating to Rs. 731 Crores (the "offer"). The offer comprises of a fresh issue of 622,222 equity shares by the company aggregating to Rs. 56 Crores (the "fresh issue") and an offer for sale by Rivendell Pe LLC, (the "selling shareholder"), of 7,500,000 equity shares aggregating to Rs. 675 Crores ("the offer for sale"). The offer shall constitute 29.82% of the post-offer paid-up equity share capital of the Company. The face value the equity shares of Rs.10 each and The price is Rs.900 per share and is the 90 times of the face value.
Opens On
Closes On
28-Jul-2021
30-Jul-2021
Application
Allotment
900.00
0.00
Minimum Application for shares in Nos : 16.0 Further Multiples of : 16.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
56.00
731.10
27.23
900.00
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