Rolex Rings IPO GMP History
Rolex Rings IPO has been listed on August 9, 2021 at a listing price of ₹1250, against the issue price of ₹900 — a gain of ₹350 (+38.89%). The GMP peaked at ₹530 on 31 July 2021 and reached a low of ₹350 on 23 July 2021. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Rolex Rings IPO raised ₹731 Cr. through its IPO at a price band of ₹880 to ₹900 per share, with a lot size of 16 shares. The IPO was open for subscription from 28 Jul 2021 to 30 Jul 2021.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 7:18 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 31 Jul 2021 | ₹ 530 | ▲ | 59% | — | — |
| 30 Jul 2021 | ₹ 520 | ▲ | 58% | — | — |
| 29 Jul 2021 | ₹ 480 | ▲ | 53% | — | — |
| 28 Jul 2021 | ₹ 450 | — | 50% | — | — |
| 27 Jul 2021 | ₹ 450 | — | 50% | — | — |
| 26 Jul 2021 | ₹ 450 | ▲ | 50% | — | — |
| 24 Jul 2021 | ₹ 380 | ▲ | 42% | — | — |
| 23 Jul 2021 | ₹ 350 | — | 39% | — | — |
Rolex Rings IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 28 Jul 2021
- Close 30 Jul 2021
- Allotment 04 Aug 2021
- Refund/credit 05 Aug 2021
- Listing 09 Aug 2021
Rolex Rings IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹900 |
|---|---|
| GMP-based estimate (pre-listing) | ₹1430 (+58.9%) |
| Listing gain / loss | +₹350 per share |
| Listing date | 09 Aug, 2021 |
| Actual listing price | ₹1250 (+38.89%) |
Is Rolex Rings IPO GMP reliable?
Grey market premium for Rolex Rings IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Rolex Rings IPO full review for a fundamentals-based assessment before making any grey market trades.
Rolex Rings IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Rolex Rings IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Rolex Rings IPO
Rolex Rings Limited was formed in 2003 by converting a partnership firm into a company. It makes hot rolled forged and machined bearing rings and automotive components.
Its products go into passenger vehicles, two-wheelers, commercial vehicles, electric vehicles, off-highway vehicles, industrial machinery, wind turbines and railways. Bearing rings range from 0.01 kg to over 163 kg. Customers include SRF India, Schaeffler India and Timken India.
In fiscal 2020 it exported to 17 countries, including France, Italy, Germany, Thailand, the Czech Republic and the USA. It has 3 plants in Rajkot with 22 forging lines and an installed capacity of 1,44,750 MTPA.
The IPO was Rs 731 crore, with Rs 56.00 crore of fresh issue and Rs 675.00 crore of offer for sale, mainly by investor Rivendell PE LLC. Rs 45.00 crore was planned for long-term working capital.
Frequently asked
What is the GMP of Rolex Rings IPO?
The current Grey Market Premium (GMP) of Rolex Rings IPO is ₹ 530.
What is the Kostak Price of Rolex Rings IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Rolex Rings IPO is not available.
What is the Subject to Sauda Price of Rolex Rings IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Rolex Rings IPO?
Rolex Rings IPO listed on August 9, 2021 at ₹1250, against the issue price of ₹900 — a gain of +38.89%.
How did the GMP of Rolex Rings IPO trend before listing?
The GMP of Rolex Rings IPO was rising in its final days before listing. The GMP peaked at ₹530 on 31 July 2021. View the day-wise table above for the complete GMP history.
Explore Rolex Rings IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
