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Air Force officer arrested for allegedly raping colleague in Tamil Nadu

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Rolex Rings IPO opens with a bang, fully subscribed on Day 1

Rolex Rings is among the leading manufacturers of forged and machined components in India.

Gujarat-based Rolex Rings, which is among the top five forging companies in India, is going to launch its IPO on Wednesday. Here are all the details:

  • IPO date: July 28 to 30
  • Listing date: August 9
  • Price band Rs 880-900/share
  • Lot size: 16 shares
  • Lot price: Rs 14,400 (cut-off)
  • Issue size: Rs 730 crore
  • GMP: Rs 450 (50% on upper band)

ALSO WATCH: Glenmark Life IPO opens today; Here is the grey market premium and issue details

Rolex Rings is among the leading manufacturers of forged and machined components in India. It is an ace development partner manufacturing high-quality, world-class, customized automotive components as well as bearing rings for a huge base of clientele spread across the globe. 

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