ROCKING DEALS CIRCULAR ECONOMY (NSE SME)

Nov 22, 2023 - Nov 24, 2023

Price ₹136 - ₹140
Premium ₹90
Lot size 1000
Allotment Nov 28, 2023
Listing Nov 30, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 1000 140000 500
HNI 2 2000 280000 215

Last updated on 24-Nov-2023 17:00:36

CategoryOfferedAppliedTimes
QIB2800001326600047.38
NIB21500098709000459.11
RETAIL500000102459000204.92
Total995000214434000215.51
Retail Apps102459© IPO Premium
About

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
Lead Manager(s)
Strength
Weakness
Registrar

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Email: ipo@bigshareonline.com
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