ROCKING DEALS CIRCULAR ECONOMY (NSE SME)
November 22, 2023 – November 24, 2023
| Price | ₹136 - ₹140 |
| Premium | ₹90 |
|---|---|
| Lot size | 1000 |
| Allotment | Nov 28, 2023 |
| Listing | Nov 30, 2023 |
Rockingdeals Circular Economy Limited
Shop Kh No 424 Basement
Ghitorni, Gadaipur
South West Delhi-110030
Phone: +91 – 83760 36354
Email: compliance@rockingdeals.in
Website: https://www.rockingdeals.in/
Last updated on 24-Nov-2023 17:00:36
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 280000 | 13266000 | 47.38 |
| NIB | 215000 | 98709000 | 459.11 |
| RETAIL | 500000 | 102459000 | 204.92 |
| Total | 995000 | 214434000 | 215.51 |
| Retail Apps | 102459 | © IPO Premium | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1000 | 140000 | 500 |
| HNI | 2 | 2000 | 280000 | 215 |
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.
Rockingdeals Circular Economy IPO Details
| Issue Size | 1,500,000 shares (aggregating up to ₹21.00 Cr) |
| Fresh Issue | 1,500,000 shares (aggregating up to ₹21.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 4,159,000 |
| Share holding post issue | 5,659,000 |
| Market Maker portion | 85,000 shares Ss Corporate Securities |
Rockingdeals Circular Economy IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Rockingdeals Circular Economy IPO Anchor Investors Details
Rockingdeals Circular Economy IPO raises Rs 5.88 crore from anchor investors. Rockingdeals Circular Economy IPO Anchor bid date is November 21, 2023.
| Bid Date | November 21, 2023 |
| Shares Offered | 420,000 |
| Anchor Portion Size (In Cr.) | 5.88 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 10, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | April 3, 2024 |
Rockingdeals Circular Economy IPO Lead Manager(s)
Corporate Capitalventures Pvt Ltd
Company Financials
Rocking Deals Circular Economy Limited Financial Information (Restated)
Rocking Deals Circular Economy Limited's revenue decreased by -1.01% and profit after tax (PAT) rose by 974.19% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Jun 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 1,437.45 | 1,226.60 | 1,397.27 | 1,863.09 |
| Revenue | 958.15 | 1,517.53 | 1,533.08 | 1,069.62 |
| Profit | 125.15 | 154.34 | 14.37 | -1.48 |
| Net Worth | 818.46 | 693.31 | 538.97 | 539.48 |
| Reserves | 450.58 | 681.05 | 526.71 | 527.21 |
| Borrowing | 372.81 | 393.20 | 406.10 | 411.85 |
| Amount in ₹ Lakhs | ||||