Rolex Rings IPO allotment date today. Here’s how to check application status

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Rolex Rings IPO allotment date: After getting subscribed over 130 times of its offer, the Rolex Rings IPO (Initial Public Offering) is expected to finalise share allotment today. So, those who bid for the public issue must be waiting anxiously for share allotment as grey market is highly bullish about the forging company’s IPO. Rolex Rings IPO GMP today is ₹435, which is around 50 per cent of the Rolex Rings issue price of ₹880 to ₹900. So, those who have bid for the issue are advised to check their Rolex Rings IPO status online once the share allotment is finalised. Bidders can check their application status online by logging in at the official BSE website — bseindia.com/investors/appli_check.aspx or at the direct Link Intime link — linkintime.co.in/MIPO/Ipoallotment.html. Link Intime is official registrar of the Rolex Rings IPO.

Rolex Rings IPO allotment status check at BSE

To check one’s application status online at the BSE website, bidders are advised to login at the direct BSE link — bseindia.com/investors/appli_check.aspx. After logging in, they need to follow some simple steps to know their share allotment status.

Here is step by step guide:

1] Login at the direct BSE link — bseindia.com/investors/appli_check.aspx;

2] Enter Rolex Rings IPO name in the issue name;

3] Enter your Rolex Rings IPO application number;

4] Enter PAN details;

5] Click at ‘I’m not a robot’; and

6] Click at ‘Submit’ button.

Your Rolex Rings IPO application status will become available on the computer monitor or on the Smartphone screen.

Rolex Rings IPO allotment status check at Link Intime

Rolex Rings IPO applicants who want to check their application status online via Link Intime website, they are advised to login at direct link — linkintime.co.in/MIPO/Ipoallotment.html and follow the step by step guide given below:

1] Login at the direct Link Intime India web link — linkintime.co.in/MIPO/Ipoallotment.html (due to sudden rise in traffic on the website, the site may not get opened. Bidders are advised to login after some time if they fail to login in first attempt);

2] Select IPO name Rolex Rings;

3] Enter PAN number, application number or DP ID;

4] Click on the ‘Search’ button.

Your Rolex Rings share allotment status will become available on your computer monitor or on the Smartphone screen.

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Rolex Rings IPO allotment: Rolex Rings IPO (Initial Public Offering) ended on July 28 after a massive subscription of 87.06 times. Those who have applied for this IPO should know that they can check their allotment status online on BSE website and through Link Intime India Pvt Ltd, the registrar of the IPO. All they have to do is follow some easy steps on these websites to know if they have been allotted shares or not?

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As per Upstox, Rolex Rings IPO allotment of shares will begin on August 4, while Initiation of refunds will start on August 5. Rolex Rings IPO allotment date has been put as August 6 and the listing date is August 9.

How to Check Rolex Rings IPO Allotment Status on BSE

Step 1: Go to direct link : bseindia.com/investors/appli_check.aspx on BSE official website. This will take you directly to the website, where you need to fill in required details in order to know the subscription status

Step 2: Next, In the dropdown menu, select ‘Equity’ for issue type

Step 3: Below, select the name of the IPO, which is ‘Rolex Rings Limited’ in this case

Step 4: Now, you will be asked to verify application number & PAN number

Step 5: Hit search button and you should be able to see your IPO allotment on the screen

How to Check Rolex Rings IPO Allotment on Link Intime

Step1: Go to https://linkintime.co.in/MIPO/Ipoallotment.html

Step 2: Select IPO Name- ‘Rolex Rings Limited’

Step 3: Fill in details such as PAN number, application number or DP ID

Step 4: Click on ‘Search’ Button. You can now see your Rolex Rings IPO Allotment on the screen.

Glenmark Life Sciences IPO Allotment Today: How to Check Status Via BSE, KFin Tech, GMP

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Glenmark Life Sciences, a wholly-owned subsidiary of Glenmark Pharmaceuticals, is all set to hit the market this week. After the bumper listing of Tatva Chintan Pharma Chem stocks last week, investors are eagerly waiting for the listing of another pharma stock likely scheduled for August 6. The allotment status of Glenmark Life Sciences initial public offering (IPO) likely to be finalised on Tuesday. Once the share allotment is finalised, the funds will be refunded to the ineligible investors on August 4. The equity shares will be credited to the demat accounts of eligible investors on August 5. The Rs 1,513.6-crore public issue received an overwhelming response from the investors as it was subscribed 44.17 times. The quota reserved for the institutional investors was booked 36.97 times while the non-institutional investors put a bid 122.54 times. The retail portion was subscribed 14.63 times. Glenmark Life Sciences IPO received more than 39 lakh applications, the second-highest ever after Reliance Power IPO in 2008.

Glenmark Life Sciences IPO comprises a fresh issue of Rs 1,060 crore and an offer for sale of 63 lakh equity shares by promoter Glenmark Pharmaceuticals. The price band for the offer was fixed at Rs 695-720 per equity share. “Based on FY-2021 PE of 22x and EV/EBITDA of 12.9x at the upper price band of the IPO price, valuations are slightly better than the peer companies. Similarly, the company has one of the best ROCE of 32.7%. Company has a healthy balance sheet and will be Net Debt free after the IPO. We expect the upcoming expansion plan in Ankleshwar & Dahej will be the next growth driver for the company," said Yash Gupta, equity eesearch associate, Angel Broking Ltd.

How to Check Glenmark Life Sciences IPO allotment status via BSE

  1. Go to the official BSE website. Via the URL (https://www.bseindia.com/investors/appli_check.aspx).

  2. It will take you to a page called ‘Status of Issue Application’. There you need to select the ‘Equity’ option.

  3. Select ‘Glenmark Life Sciences Limited’ from the drop-down menu that is besides the issue name.

  4. Input your application number and the Permanent Account Number (PAN). Then you just click the ‘I am not a robot’ to verify yourself and click ‘Search’. This will show you the status of the application.

How to Check Glenmark Life Sciences Limited share allotment status via the Registrar’s Website (KFin Technologies Private Limited)

  1. Go to the web portal of KFin Technologies Private Limited -https://ris.kfintech.com/ipostatus/ipos.aspx

  2. Select the IPO in dropbox where the name will be populated. This option will open only after the allotment is finalised

  3. You have to select either one of the three modes: application number, client ID or PAN ID

  4. In application type, select between ASBA and non-ASBA

  5. Then you need to enter the details of the mode you selected in Step 2

  6. For security purposes, fill the captcha accurately and hit submit

However, the grey market premium premium of saw a dip in the last few days. Market analysts pointed out that a poor sentiment in the pharma sector could be reason behind the dip of Glenmark Life Sciences shares in the unofficial market. Currently, the share is trading at a premium of Rs 91 in the grey market, over the issue size of Rs 695-720. The shares were trading at around Rs 820 apiece, a 12 per cent premium over IPO price, according to the people who deal in shares of unlisted companies.

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