{"id":1727,"date":"2021-07-26T15:14:33","date_gmt":"2021-07-26T09:44:33","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=1727"},"modified":"2023-01-11T08:22:41","modified_gmt":"2023-01-11T02:52:41","slug":"rolex-rings-ipo-to-open-on-july-28","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/rolex-rings-ipo-to-open-on-july-28\/","title":{"rendered":"Rolex Rings IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1727\" class=\"elementor elementor-1727\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-27ad2c6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"27ad2c6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-983b23e\" data-id=\"983b23e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c10d86f elementor-widget elementor-widget-text-editor\" data-id=\"c10d86f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Gujarat-based Rolex Rings is set to open its initial public offering on July 28 and the auto components maker has fixed the price band for the initial share sale at \u20b9880-900 apiece.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Rolex plans to raise Rs 731 crore by issuing fresh shares of \u20b956 crore and an offer for sale (OFS) of about 75 lakh equity shares by Rivendell PE, which holds 41% stake in the comapny.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">The company&#8217;s promoters include Rupesh Dayashankar Madeka, Manesh Dayashankar Madeka, Pinakin Dayashankar Madeka, Bhautik Dayashankar Madeka and Jiten Dayashankar Madeka having a shareholding of 48.8% at the time of filing red herring prospectus.<\/span><\/p><p><span style=\"font-weight: 400;\">According to its draft prospectus, the funds raised via the IPO will be utilised for the purpose of funding its long-term working capital requirements and for general corporate purposes. The company plans to use Rs 45 crore from the net Proceeds towards funding the day-to-day operations.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7ce4804 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7ce4804\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8389807\" data-id=\"8389807\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e393b63 elementor-widget elementor-widget-heading\" data-id=\"e393b63\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Overview<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fc17bd3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fc17bd3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-46593eb\" data-id=\"46593eb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2716d73 elementor-widget elementor-widget-text-editor\" data-id=\"2716d73\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Rolex has three manufacturing units in Rajkot, Gujarat, with annual achievable capacity of 144,750 MTPA in forging and 69 million parts per annum in machining. It is one of the top five forging companies in India with respect to installed capacity, and it manufactures and supplies hot rolled forged and machined bearing rings, and automotive components for various vehicle segments.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">The segments include two-wheelers, passenger vehicles, commercial vehicles, off-highway vehicles, electric vehicles), industrial machinery, wind turbines and railways, amongst other segments across domestic and international markets.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">For fiscal 2021, 2020 and 2019, revenue from operations from international markets as a percentage of total revenue from operations stood at 56.12%, 53.82%, and 56.27%, respectively. The company\u2019s revenue from various products can be attributable to the following sources:<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e740069 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e740069\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6698e6a\" data-id=\"6698e6a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2a41b95 elementor-widget elementor-widget-image\" data-id=\"2a41b95\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"115\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/source-of-revenue-1024x115.jpg\" class=\"attachment-large size-large wp-image-1744\" alt=\"\" srcset=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/source-of-revenue-1024x115.jpg 1024w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/source-of-revenue-300x34.jpg 300w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/source-of-revenue-768x86.jpg 768w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/source-of-revenue-450x51.jpg 450w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/source-of-revenue-780x88.jpg 780w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/source-of-revenue.jpg 1077w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f1834cf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f1834cf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0aee2be\" data-id=\"0aee2be\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-478e1d7 elementor-widget elementor-widget-heading\" data-id=\"478e1d7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Rolex Rings' Global Footprint<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ed25b74 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ed25b74\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-daa97ce\" data-id=\"daa97ce\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-be078f1 elementor-widget elementor-widget-image\" data-id=\"be078f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"929\" height=\"509\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/Global-footprint.jpg\" class=\"attachment-large size-large wp-image-1734\" alt=\"\" srcset=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/Global-footprint.jpg 929w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/Global-footprint-300x164.jpg 300w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/Global-footprint-768x421.jpg 768w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/Global-footprint-450x247.jpg 450w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/Global-footprint-780x427.jpg 780w\" sizes=\"(max-width: 929px) 100vw, 929px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2c19c88 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2c19c88\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-dacc229\" data-id=\"dacc229\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-050c1de elementor-widget elementor-widget-heading\" data-id=\"050c1de\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Financial Performance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-781deb9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"781deb9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a3a877b\" data-id=\"a3a877b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5a3f610 elementor-widget elementor-widget-text-editor\" data-id=\"5a3f610\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Rolex Rings reported a 64.24% increase in profit after tax at Rs 86.95 crore, from Rs 52.94 crore in the previous fiscal. Its revenues from operations stood at Rs 616.36 crore in FY21, as against Rs 666 crore in the year-ago period. The profit and loss account for the past three years is given below<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ed88a4e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ed88a4e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d2ede1f\" data-id=\"d2ede1f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a3de293 elementor-widget elementor-widget-image\" data-id=\"a3de293\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"905\" height=\"676\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/rolex.jpg\" class=\"attachment-large size-large wp-image-1745\" alt=\"\" srcset=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/rolex.jpg 905w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/rolex-300x224.jpg 300w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/rolex-768x574.jpg 768w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/rolex-280x210.jpg 280w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/rolex-450x336.jpg 450w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2021\/07\/rolex-780x583.jpg 780w\" sizes=\"(max-width: 905px) 100vw, 905px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7f4b950 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7f4b950\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1c755f5\" data-id=\"1c755f5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3de7ccb elementor-widget elementor-widget-heading\" data-id=\"3de7ccb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company's Strength<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-91ef896 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"91ef896\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fcc220a\" data-id=\"fcc220a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4f4bf84 elementor-widget elementor-widget-text-editor\" data-id=\"4f4bf84\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><span style=\"font-weight: 400;\">Comprehensive product portfolio\u00a0 <\/span><\/li><li><span style=\"font-weight: 400;\">Manufacturing capabilities offering scale, flexibility and location advantage <\/span><\/li><li><span style=\"font-weight: 400;\">Long standing customer relationships and diversified revenue base across geographies<\/span><\/li><li><span style=\"font-weight: 400;\">Experienced Promoters and management team with strong domain expertise <\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dfc026d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dfc026d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-25ed296\" data-id=\"25ed296\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bef2248 elementor-widget elementor-widget-heading\" data-id=\"bef2248\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>IPO Details<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4f99fda elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4f99fda\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-df34d45\" data-id=\"df34d45\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9ee0961 elementor-widget elementor-widget-text-editor\" data-id=\"9ee0961\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><b>IPO Opening Date<\/b><\/td><td><span style=\"font-weight: 400;\">July 28, 2021<\/span><\/td><\/tr><tr><td><b>IPO Closing Date<\/b><\/td><td><span style=\"font-weight: 400;\">July 30, 2021<\/span><\/td><\/tr><tr><td><b>Issue Type<\/b><\/td><td><span style=\"font-weight: 400;\">Book Built Issue IPO<\/span><\/td><\/tr><tr><td><b>Face Value<\/b><\/td><td><span style=\"font-weight: 400;\">Rs 10 per equity share<\/span><\/td><\/tr><tr><td><b>IPO Price<\/b><\/td><td><span style=\"font-weight: 400;\">Rs 880 to Rs 900 per equity share<\/span><\/td><\/tr><tr><td><b>Market Lot<\/b><\/td><td><span style=\"font-weight: 400;\">16 Shares<\/span><\/td><\/tr><tr><td><b>Min Order Quantity<\/b><\/td><td><span style=\"font-weight: 400;\">16 Shares<\/span><\/td><\/tr><tr><td><b>Listing Exchanges<\/b><\/td><td><span style=\"font-weight: 400;\">NSE, BSE<\/span><\/td><\/tr><tr><td><b>Expected Date of Listing<\/b><\/td><td><span style=\"font-weight: 400;\">August 9, 2021<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-88a64be elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"88a64be\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cf41acb\" data-id=\"cf41acb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7603fa6 elementor-widget elementor-widget-heading\" data-id=\"7603fa6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IPO Lot Size<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-52fd67d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"52fd67d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ffb6c7b\" data-id=\"ffb6c7b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3841752 elementor-widget elementor-widget-text-editor\" data-id=\"3841752\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><b>Application<\/b><\/p><\/td><td><p><b>Lots<\/b><\/p><\/td><td><p><b>Shares<\/b><\/p><\/td><td><p><b>Amount (Cut-off)<\/b><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400;\">Minimum<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">1<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">16<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">Rs 14,400<\/span><\/p><\/td><\/tr><tr><td><p><span style=\"font-weight: 400;\">Maximum<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">13<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">208<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">Rs 187,200<\/span><\/p><\/td><\/tr><\/tbody><\/table><p><br \/><br \/><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5f4a250 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5f4a250\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-090e18b\" data-id=\"090e18b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b4a0d9c elementor-align-center elementor-widget elementor-widget-button\" data-id=\"b4a0d9c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/ipo.ftconline.in:8084\/IPOWEB\/Index\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply for Rolex Rings IPO<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Gujarat-based Rolex Rings is set to open its initial public offering on July 28 and the auto components&hellip;","protected":false},"author":5,"featured_media":1822,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[55],"class_list":{"0":"post-1727","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"tag-upcoming-ipo","9":"cs-entry","10":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rolex Rings IPO - Flattrade Kosh<\/title>\n<meta name=\"description\" content=\"Gujarat-based Rolex Rings is set to open 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