Rockingdeals Circular Economy Limited
- IPO Date22 Nov, 2023 to 24 Nov, 2023
- Listing Date30 Nov, 2023
- Face Value₹10 per share
- Issue Price₹136 to ₹140 per share
- Lot Size1000 Shares
- Minimum Investment₹1,40,000
- Listing AtNSE SME
- Total Issue Size15,00,000 Shares
(aggregating up to ₹21.00 Cr) - Fresh Issue15,00,000 Shares
(aggregating up to ₹21.00 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue41,59,000
- Shareholding post issue56,59,003
IPO Dates
Closing Date
24 Nov, 2023
Initiation of Refunds
29 Nov, 2023
Listing Date
30 Nov, 2023
22 Nov, 2023
Opening Date
28 Nov, 2023
Basis of Allotment
29 Nov, 2023
Credit of Shares
Rockingdeals Circular Economy Limited Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| HNI (Min) | 2 | 2000 | ₹2,80,000 |
| Retail (Min) | 1 | 1000 | ₹1,40,000 |
| Retail (Max) | 1 | 1000 | ₹1,40,000 |
Rockingdeals Circular Economy Limited Promoter Holding
The promoters of the company are Mr. Aman Preet, Mrs. Kulbir Chopra and Mrs. Avneet Chopra.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 88.45% | 65% |
Key Performance Indicator
Rockingdeals Circular Economy IPO Market Cap is Rs 79.23 Cr and P/E (x) is 33.33.
| KPI | Values |
|---|---|
| ROE | 25.05% |
| ROCE | 22.73% |
| RoNW | 22.26% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 33.33 | 4.2 |
| P/E (x) | 33.33 | 4.2 |
Rockingdeals Circular Economy Limited COMPANY INFORMATION
Rockingdeals Circular Economy IPO is a book built issue of Rs 21.00 crores. The issue is entirely a fresh issue of 15 lakh shares. Rockingdeals Circular Economy IPO opens for subscription on November 22, 2023 and closes on November 24, 2023. The allotment for the Rockingdeals Circular Economy IPO is expected to be finalized on Tuesday, November 28, 2023. Rockingdeals Circular Economy IPO will list on NSE SME with tentative listing date fixed as Thursday, November 30, 2023. Rockingdeals Circular Economy IPO price band is set at ₹136 to ₹140 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹140,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹280,000. Corporate Capitalventures Pvt Ltd is the book running lead manager of the Rockingdeals Circular Economy IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Rockingdeals Circular Economy IPO is Ss Corporate Securities. Refer to Rockingdeals Circular Economy IPO RHP for detailed information.
Incorporated in 2005, Rockingdeals 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.
FAQs About Rockingdeals Circular Economy Limited
Rockingdeals Circular Economy Limited will open on 22 Nov, 2023 and close on 24 Nov, 2023. Investors must apply within this period to participate.
The Rockingdeals Circular Economy Limited price band is set between ₹136.00 and ₹140.00 per share. The minimum lot size is 1000, requiring an investment of at least ₹140000.00.
The Rockingdeals Circular Economy Limited shares are expected to be listed on 30 Nov, 2023, subject to regulatory approvals and final allotment.
You can track your Rockingdeals Circular Economy Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Rockingdeals Circular Economy Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.