Rolex Rings is about to release its IPO on Jul 28, 2021. The issue is closing on  Jul 30, 2021, and is currently having an active grey market. The Rolex Rings IPO GMP is running at a stable rate as per the current situation.

In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.

However, the QIB and the HNI numbers are the key indicators of GMP in the case of Rolex Rings IPO. The company is intended to raise Rs 7310 million by the released issue.

Rolex Rings IPO GMP Rates, Kotak rates & SS

This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, price band along with listing details and more.

DateGMP (in INR)Kostak (in INR)Subject to Sauda (in INR)
 28 July 2021Rs. 460Rs. 400Rs. 5000
 27 July 2021Rs. 450Rs. 450Rs. 5500
 26 July 2021Rs. 550Rs. 450Rs. 5000
 25 July 2021Rs. 500Rs. 350Rs. 3000
 24 July 2021Rs. 500Rs. 350Rs. 3000
 23 July 2021Rs. 400Rs. 350Rs. 3000
22 July 2021Rs. 250Rs. 350Rs. 3000
 21 July 2021Rs. 0Rs. 0Rs. 0
20 July 2021Rs. 0Rs. 0Rs. 0
19 July 2021Rs. 0Rs. 0Rs. 0

Check out Related IPO Links:

Review Rolex Rings IPO
Rolex Rings IPO Allotment
LIVE Subscription – Rolex Rings IPO

Rolex Rings IPO Date / Timetable

Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.

IPO Open DateJul 28, 2021
IPO Close DateJul 30, 2021
Allotment DateAug 4, 2021
Initiation of RefundsAug 5, 2021
Credit of Shares to Demat AccountAug 6, 2021
IPO Listing DateAug 9, 2021

Rolex Rings IPO – Financial Performance

The below-given table will give you the overall idea of the company’s financial performance. Check their net profit and loss statement about Rolex Rings IPO.

Amount (in INR & Million)
30-Sept-2031-Mar-20Mar-1931-Mar-18
Total Assets6,710.266,861.737,822.578,034.97
*Total Revenue3,772.054,180.685,669.136,471.71
Total Expense2,108.956,032.497,706.946,974.85
Profit After Tax253.14529.41590.41728.77

Earnings per Equity Share (in Million)

30-Sept-2031-Mar-20Mar-1931-Mar-18
Basic & Diluted10.5622.0824.6230.39

 

Rolex Rings IPO

FAQs Related to Rolex Rings IPO GMP

Ques – What is the current Rolex Rings IPO GMP Price?

Answer – As on today, the Rolex Rings IPO GMP is Rs. 460.

Ques – What is the current Rolex Rings IPO Kostak Rate?

Answer – The Kostak rate is Rs 400 for Rolex Rings IPO.

Ques – What is today’s Rolex Rings IPO Subject to Sauda Rate?

Answer – As on today, the Rolex Rings IPO Subject to Sauda is Rs 5000.

Ques – Where to Check Rolex Rings IPO Allotment & Listing?

Answer – However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: https://top10stockbroker.com/ipo-allotment-status/

Ques – What is Kostak Price?

Answer – To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded for in the grey market.

Ques – Is GREY market buy or sell shares illegal?

Answer – Grey Market is basically a trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change any time. Hence, it is an unofficial trading and hence, not “illegal”.

 —

Disclaimer:

The Rolex Rings IPO GMP which is mentioned in the table here is only valid for specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing of the issue. He or she can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on IPO Grey market.

It is also requested that please do not subscribe for any IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the Fundamental of the companies.

Leave a Reply

Your email address will not be published. Required fields are marked *

24 + 9 =

Get 100% IPO Allotment Guarantee! Subscribe to IPO