Rolex Rings Limited which is tapping the capital markets with its fresh issue of Rs 56 crs and an offer for sale of 75 lac shares completed allocation to anchor investors. The company allotted 24,36,666 shares to 15 anchor investors comprising of 26 entities. The price band is Rs 880-900. The issue is open from Wednesday the 28th of July to Friday the 30th of July.

The highest allocation was made to Kotak Mutual Fund who was allotted 11.30% of the anchor book. This was followed by allotment of 2,44,432 shares or 10.03% to HDFC Mutual Fund, SBI Mutual Fund and ICICI Prudential Mutual Fund.

The top four anchor investors were allotted 51.52% of the anchor portion.

The full details of the anchor allocation and allotment is given below: –