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July 26, 2021
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IPO Alert: Rolex Rings Limited

Rolex Rings is one of the top five forging companies in India and a manufacturer and global supplier of hot rolled forged and machined bearing rings, and automotive components for segments of vehicles including commercial vehicles, off-highway vehicles, industrial machinery, wind turbines and railways, amongst other segments.

Bid/Offer Opens On Wednesday, 28-Jul-21
Bid/Offer Closes On Friday, 30-Jul-21
Price Band Rs. 880 - Rs. 900 per equity share
Lot Size 16 Shares

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The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment 4-Aug-21
Initiation of Refunds 5-Aug-21
Credit of Shares to Demat Acct 6-Aug-21
IPO Shares Listing Date 9-Aug-21
UPI mandate expiry date 13-Aug-21

How to Check Allotment Status

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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