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.

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 Cr.

Issue Type

Book Built

Open

2021-07-28

Close

2021-07-30

Listingprice

₹ 1250

ListingGain

38.89%

Listing Date

2021-08-09

CMP

₹ 104.82

Current Return

-88.35%

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.

Check allotment status

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

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 616.33 1010.23 1178.95 1221.76 1154.8
Total Expenditure 507.46 781.32 918.24 959.79 914.18
Operating Profit 108.87 228.92 260.72 261.97 240.63
Other Income 3.43 11.42 19.3 15.06 28.46
Interest 11.7 20.43 9.83 2.7 2.38
Depreciation 25.41 25.55 26.92 32.63 40.42
Exceptional Items 0 0 0 -32 -18.6
Profit Before Tax 75.19 194.36 243.27 209.7 207.69
Provision for Tax -11.77 62.48 45.17 53.66 33.69
Net Profit 86.96 131.88 198.09 156.04 174
Adjusted EPS (Rs.) 0.36 0.48 0.73 0.57 0.64

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 23.98 27.23 27.23 27.23 27.23
Total Reserves 332.75 517.57 715.77 870.95 1044.87
Borrowings 32.35 20.46 0 0 0
Other N/C liabilities 53.51 82.09 65.63 61.42 41.89
Current liabilities 348.19 337.64 204.62 161.3 168.21
Total Liabilities 790.78 985 1013.25 1120.91 1282.21
Assets
Net Block 372.39 379.66 390.8 466.41 444.41
Capital WIP 1.15 45.99 45.84 4.13 34.39
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 30.73 18.08 21.16 10.88 16.13
Other N/C Assets 13.51 3.5 10.86 14.52 7.51
Current Assets 373 537.77 544.6 624.98 779.77
Total Assets 790.78 985 1013.25 1120.91 1282.21
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Other Income 9.46 3.85 9.88 15.61 14.36
Profit Before Tax 65.14 26.63 49.33 68 59.09
Tax 15.88 6.44 -5.31 18.84 14.75
Profit After Tax 49.26 20.19 54.64 49.16 44.34
Adjusted EPS (Rs) 1.81 0.74 2.01 1.81 0.16

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2025 53.35 0
Jun 2025 53.35 0
Mar 2025 53.35 0
Dec 2024 53.35 0
Sep 2024 53.35 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 75.19 194.36 243.27 209.7 207.69
Adjustment 32.58 43.14 35.86 27.71 24.99
Changes in Assets & Liabilities -42.71 -143.75 -1.99 48.3 47.93
Tax Paid -5.84 -34.88 -63.66 -64.27 -53.37
Operating Cash Flow 59.21 58.88 213.47 221.44 227.24
Investing Cash Flow -36.31 -67.78 -44.14 -158.07 -191.05
Financing Cash Flow -19.54 8.04 -151.42 -66.15 -6.18
Net Cash Flow 3.37 -0.86 17.91 -2.78 30.01
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