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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.

Issue

Opens On

Closes On

28-Jul-2021

30-Jul-2021

Money Payable On

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

Equirus Capital Pvt Ltd

IDBI Capital Markets & Securities Ltd

JM Financial Ltd

Projects
  • Funding Long-term Working Capital Requirements
  • General Corporate Purposes
Promoted By
  • Rupesh Dayashankar Madeka
  • Jiten Dayashankar Madeka
  • Manesh Dayashankar Madeka
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • MUFG Intime India Pvt Ltd