Rolex Rings Ltd IPO

Gujrat-based Rolex Rings Ltd incorporated in 2003, is one of the top five Indian forging companies and a key manufacturer of bearing rings in India.

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Rolex Rings Ltd IPO Details

Check out the issue details for Rolex Rings Ltd IPO as disclosed in SEBI.

IPO Price

₹ 900

Price Band

₹ 880 - 900

Issue Size

731.00 Cr.

Issue Type

Book Built

Open

2021-07-28

Close

2021-07-30

Listing price

₹ 1250

Listing Gain

38.89%

Listing Date

2021-08-09

CMP

₹ 191.5

Current Return

-78.72%

Company Financials

You can get the following financial statements of Rolex Rings Ltd as of now.

The valuation of Rolex Rings IPO company based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 900
Total Shares 2.66 Cr
Market Cap 2394 Cr
EPS (TTM) Rs 32.68 
PE Ratio 27x
Industry PE 77x

 

Rolex Rings IPO issue size is 731 Cr. 

Issue Amount
Fresh Issue 56 Cr
Offer For Sale 675 Cr

 

An Individual can apply for a minimum 1 lot of 16 shares and a maximum of 13 lots of 208 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 16 Rs 14,400
 Maximum 13 208 Rs 1,87,200

 

Rolex Rings IPO is subscribed 130.44 times till 30th July. It is Oversubscribed as of now. The category-wise subscription is as follows:

Category % Offered Subscription 
Qualified Institutional Maximum 50% 143.58 Times
Non-Institutional Minimum 15% 360.11 Times
Retail Individual Minimum 35% 24.49 Times
Total 100% 130.44 Times

Once you have subscribed to an IPO, you have to wait for its allotment to your account. Find below the dates of allotment of Rolex Rings IPO:

Schedule Date
Basis of Allotment 04 August 2021
Refunds 05 August 2021
Credit to Demat Account 06 August 2021
IPO Listing Date 09 August 2021

 

When the allotment is out, you can check it from the registrar's website. Find the Rolex Rings IPO allotment status here.

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Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 1010.23 1178.95 1221.76 1154.8 1143.5
Total Expenditure 781.32 918.24 959.79 914.18 913.25
Operating Profit 228.92 260.72 261.97 240.63 230.25
Other Income 11.42 19.3 15.06 28.46 50.25
Interest 20.43 9.83 2.7 2.38 1.44
Depreciation 25.55 26.92 32.63 40.42 37.13
Exceptional Items 0 0 -32 -18.6 -51.64
Profit Before Tax 194.36 243.27 209.7 207.69 190.29
Provision for Tax 62.48 45.17 53.66 33.69 49.19
Net Profit 131.88 198.09 156.04 174 141.1
Adjusted EPS (Rs.) 0.48 0.73 0.57 0.64 0.52

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 27.23 27.23 27.23 27.23 27.23
Total Reserves 517.57 715.77 870.95 1044.87 1186.34
Borrowings 20.46 0 0 0 0
Other N/C liabilities 82.09 65.63 61.42 41.89 55.24
Current liabilities 337.64 204.62 161.3 168.21 102.33
Total Liabilities 985 1013.25 1120.91 1282.21 1371.15
Assets
Net Block 379.66 390.8 466.41 444.41 446.96
Capital WIP 45.99 45.84 4.13 34.39 38.58
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 18.08 21.16 10.88 16.13 18.88
Other N/C Assets 3.5 10.86 14.52 7.51 18.64
Current Assets 537.77 544.6 624.98 779.77 848.09
Total Assets 985 1013.25 1120.91 1282.21 1371.15
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Other Income 15.61 14.36 17.42 2.87 19.84
Profit Before Tax 68 59.09 63.03 0.17 79.28
Tax 18.84 14.75 15.28 0.32 19.14
Profit After Tax 49.16 44.34 47.75 -0.15 60.14
Adjusted EPS (Rs) 1.81 1.63 1.75 -0.01 2.21

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2026 52.24 5.13
Mar 2026 52.24 5.48
Dec 2025 53.37 5.02
Sep 2025 53.35 0
Jun 2025 53.35 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 194.36 243.27 209.7 207.69 190.29
Adjustment 43.14 35.86 27.71 43.59 68.77
Changes in Assets & Liabilities -143.75 -1.99 48.3 29.33 -21.35
Tax Paid -34.88 -63.66 -64.27 -53.37 -48.12
Operating Cash Flow 58.88 213.47 221.44 227.24 189.59
Investing Cash Flow -67.78 -44.14 -158.07 -191.05 -52.61
Financing Cash Flow 8.04 -151.42 -66.15 -6.18 -116.55
Net Cash Flow -0.86 17.91 -2.78 30.01 20.43
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