Rolex Rings Files IPO Papers With Market Regulator

Rolex Rings, an auto components maker, has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (Sebi) to launch an initial public offering.  Rolex Rings'  market offering will consist of a fresh issue of shares worth Rs 70 crore and an offer for sale of up to 65 lakh shares by Rivendell PE (formerly known as NSR-PE Mauritius), according to the draft red herring prospectus filed with the mark...