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entrepreneur Boopesh Reddy spotted wearing a Rolex 116505

Entrepreneur Boopesh Reddy spotted wearing Rolex

09/06/2023

Description: Rolex Cosmograph Daytona 18k Everose Gold Black Dial Ref. 116505-0008 – Boopesh Reddy Sighting
Brand: Rolex
Ref: 116505
List Price: $37,450
Market Price (estimated): $60,000
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Boopesh Reddy, director of Bengaluru-based real estate and construction firm Bren Corporation Private Limited and the face behind the popular automotive YouTube channel BrenGarage, was recently spotted wearing the Rolex Cosmograph Daytona in 18k Everose gold, reference 116505-0008 — a watch that sits firmly at the intersection of motorsport heritage and precious-metal luxury.

The Rolex Cosmograph Daytona ref. 116505 was introduced in 2012 as Rolex's first in-house-caliber Daytona offered in the proprietary Everose gold alloy, a rose-gold formulation developed by Rolex that resists fading over time thanks to the addition of platinum. The 40mm case houses the calibre 4130, a column-wheel, vertical-clutch chronograph movement with a 72-hour power reserve — widely regarded as one of the finest chronograph ebauches in Swiss watchmaking for its reliability and serviceability. The ref. 116505-0008 specifically features a black dial with black subdials and tachymetre bezel, lending it a purposeful, almost tool-watch aesthetic that contrasts elegantly with the warm Everose case.

Among collectors, the 116505 series occupies a privileged position. Unlike stainless steel Daytonas, which can carry multi-year waitlists at authorized dealers, the Everose variants are no less restricted but attract a buyer profile willing to pay a significant premium for the material upgrade. The black-dial configuration of the 116505-0008 is particularly sought after — it avoids the divisiveness of gem-setting or exotic dial materials while still delivering maximum visual impact. Seasoned collectors regard it as the purest expression of the precious-metal Daytona.

Reddy's horological choice aligns naturally with his public persona. A businessman who has built a construction empire in one of India's fastest-growing cities, he has also cultivated a following around high-performance automobiles. The Daytona — named for the Daytona International Speedway and born from motorsport timing — is arguably the most narratively coherent watch a car enthusiast can wear.

At an official last-known retail price of $37,450 (approximately ₹30,79,000), the Rolex Cosmograph Daytona ref. 116505-0008 is already a significant investment. On the grey market, however, the piece trades at approximately $60,000 — roughly 60% above retail — confirming that Rolex's Everose Daytona remains one of the most liquid and appreciating references in the modern collector market.