IPO

Rocking Deals Circular Economy Limited IPO

NSE SME

Listed On: Nov 30, 2023 at ₹ 300.0

₹ 140000 /1000 Shares

Check Allotment

Rocking Deals Circular Economy Limited IPO Details

22 Nov, 2023

Open Date

24 Nov, 2023

Close Date

28 Nov, 2023

Allotment Date

30 Nov, 2023

Listing Date

Issue Price

₹136-140 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

300.0

Listing Date

2023-11-30

Market Lot

1000 Shares (₹140,000/-)

Lead Manager

Corporate Capitalventures Pvt Ltd

Issue Size

1,500,000 shares(aggregating up to ₹21.00 Cr)

Retail Portion

35%

Subscription

215.51 times

IPO Docs

DRHP RHP

Rocking Deals Circular Economy Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved280,000 / 215,000500,0009,95,000
Day 1 - 22-11-23 06:00 PM0.02 / 14.19 x26.42 x16.35 x
Day 2 - 23-11-23 06:00 PM8.49 / 50.42 x81.94 x54.46 x
Day 3 - 24-11-23 06:00 PM47.38 / 459.11 x204.92 x215.51 x

Rocking Deals Circular Economy Limited Valuations

Earnings Per Share (EPS)

₹4.2/-

P/E Ratio

33.33

RoNW

22.26%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Rocking Deals Circular Economy Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets1,226.601,397.271,863.09
Revenue1,517.531,533.081,069.62
Profit After Tax154.3414.37-1.48

About The Company

Rocking Deals specializes in bulk trading of excess inventory, open boxed inventory, re-commerce products, and refurbished products. The company offers a variety of services that enable other companies to easily dispose of their excess inventory, freeing up valuable space and resources. The process is designed to be seamless and transparent, benefiting both the seller and the buyer. This results in a win-win situation for all parties involved. Rocking Deals has over 18 categories of Stock Keeping Units (SKU), which include electrical appliances (Syska, Havells, LG, Panasonic, Usha, Crompton, Luminous, Phillips, etc.), apparels & footwear (Zara, Nike, Campus, etc.), speakers (Boat, JBL, Gizmore), mobiles and mobile accessories (Lenovo, Boat, Gizmore, etc.), and various other products. These products are obtained from e-commerce vendors of platforms like Snapdeal (Juscorp), affiliates of Flipkart and Amazon, companies like GO Auto, Salora International, Zazz Technology Connect Private Limited, and dealers & distributors like Matrix Housewares, Raj Agency, Sudhi Enterprises, etc.

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Rocking Deals Circular Economy Limited - Promoter(s)

Pre Issue Share Holding: 88.45%

Post Issue Share Holding: 65.00%

Company Promoter(s)

  1. Mr. Aman Preet
  2. Mrs. Kulbir Chopra
  3. Mrs. Avneet Chopra

Rocking Deals Circular Economy Limited IPO - Issue Objectives

  1. To meet the working capital requirements of the company
  2. Brand Positioning, Marketing and Advertisement
  3. General Corporate Purposes.

Rocking Deals Circular Economy Limited IPO - FAQs

Ans. Rocking Deals Circular Economy Limited IPO is a SME IPO. The issue is priced at ₹136-140 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Nov 22, 2023, and closes on Nov 24, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Rocking Deals Circular Economy Limited IPO opens on Nov 22, 2023 and closes on Nov 24, 2023.

Ans. The size of Rocking Deals Circular Economy Limited IPO is 1,500,000 shares(aggregating up to ₹21.00 Cr).

Ans. The IPO price band is set between ₹136-140 per equity share.

Ans. To apply for Rocking Deals Circular Economy Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Rocking Deals Circular Economy Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Rocking Deals Circular Economy Limited IPO is Nov 28, 2023.

Ans. The Rocking Deals Circular Economy Limited IPO will be listed on Nov 30, 2023.

Ans. Follow the steps to check the allotment status for Rocking Deals Circular Economy Limited IPO here.