The Rolex Rings Initial Public Offering (IPO) concluded in July 2021, marking a significant event in the Indian stock market. This article provides a comprehensive overview of the Rolex Rings IPO, focusing on the allotment date, various methods to check allotment status, and other crucial details surrounding this public offering. We will delve into the IPO's price, grey market premium (GMP), review, and other relevant information to provide a complete picture for investors.
Rolex Rings IPO Date, Price, GMP, Review, Details:
The Rolex Rings IPO opened on July 27th, 2021, and closed on July 29th, 2021. The price band was fixed at ₹880-₹900 per share. The company offered a total of 8,762,640 equity shares, aiming to raise approximately ₹731 crore (approximately $98 million USD at the time). The IPO comprised a fresh issue of equity shares and an offer for sale (OFS) by existing shareholders.
The grey market premium (GMP), an unofficial indicator of market sentiment before listing, fluctuated during the IPO period. While precise GMP figures vary across sources, it generally reflected a positive outlook towards the company's prospects. This positive sentiment was likely fueled by Rolex Rings' strong fundamentals, including its position in the forging industry and its growth trajectory.
Reviews of the Rolex Rings IPO were generally positive, highlighting the company's strong financial performance, established market position, and growth potential. Analysts considered the valuation to be reasonable, given the company's fundamentals and future prospects. However, as with any investment, inherent risks were present, and investors were advised to conduct thorough due diligence before participating.
Rolex Rings IPO Allotment Status Check on Linkintime:
LinkIntime India Private Limited acted as the registrar to the Rolex Rings IPO. This is a crucial detail because LinkIntime's website served as the primary platform for investors to check their allotment status. Investors could access this information by providing their PAN (Permanent Account Number) and application number. The allotment date, as mentioned earlier, was August 3rd, 2021.
The process of checking the allotment status on the LinkIntime website was straightforward, requiring only the aforementioned details. The website provided a clear and concise display of the allotment status, indicating whether an investor had received shares, the number of shares allotted, and other relevant information. This timely and efficient process ensured transparency and facilitated a smooth post-IPO experience for investors.
Rolex Rings IPO Allotment Status Online:
Besides LinkIntime's website, several other online platforms provided information regarding the Rolex Rings IPO allotment status. While these platforms might not have offered a direct check using the application number, they often aggregated information from various sources, providing updates and summaries of the allotment process. These platforms served as valuable supplementary resources for investors seeking confirmation of their allotment status or general information about the IPO.
Rolex Rings IPO allotment, 4 ways to check status:
There were several ways to check the allotment status of the Rolex Rings IPO:
1. LinkIntime Website: This was the most reliable and official method. Direct access via the LinkIntime website ensured accuracy and avoided misinformation.
2. Registered Broker's Platform: Investors who applied for the IPO through their brokers could often check their allotment status through their broker's online trading platform.
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