Rocking Deals IPO Details ( Rocking Deals Circular Economy Limited IPO Review )
(22 Nov 2023 – 24 Nov 2023)
Rocking Deals started in 2005 and specializes in trading goods in bulk. They deal with excess inventory, open boxed items, re-commerce, and refurbished products. The company provides services to help other businesses easily get rid of their extra stock, making more space and freeing up resources. The process is made to be smooth and clear, benefiting both the seller and the buyer. This creates a situation where everyone involved wins.
Rocking Deals offers more than 18 categories of products, known as Stock Keeping Units (SKU). These include electrical appliances from brands like Syska, Havells, LG, Panasonic, Usha, Crompton, Luminous, and Phillips. They also have apparels and footwear from Zara, Nike, Campus, speakers from Boat, JBL, Gizmore, and mobiles and accessories from Lenovo, Boat, Gizmore, among others. These products come from various sources such as e-commerce platforms like Snapdeal (Juscorp), affiliates of Flipkart and Amazon, and companies like GO Auto, Salora International, Zazz Technology Connect Private Limited. Additionally, they source from dealers and distributors like Matrix Housewares, Raj Agency, Sudhi Enterprises, and more.
Rocking Deals Circular Economy Limited IPO Competitive Strength
- B2B Partner/Vendor Channel
- Experienced Promoters and Professional Management Team
- Diverse Product Portfolio & Quality Services
Rocking Deals Circular Economy IPO Financials Performance ( Results )
Rocking Deals Circular Economy Limited Financial Information (Restated)
All Amount in ₹ Lakhs
Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | Reserves | Borrowing |
31-Mar-21 | 1,863.09 | 1,069.62 | -1.48 | -0.04 | 539.48 | 527.21 | 411.85 |
31-Mar-22 | 1,397.27 | 1,533.08 | 14.37 | 0.39 | 538.97 | 526.71 | 406.10 |
31-Mar-23 | 1,226.60 | 1,517.53 | 154.34 | 4.20 | 693.31 | 681.05 | 393.20 |
30-Jun-23 | 1,437.45 | 958.15 | 125.15 | 3.40 | 818.46 | 450.58 | 372.81 |
Objective of Rocking Deals IPO Issue
- To meet the working capital requirements of the company
- Brand Positioning, Marketing and Advertisement
- General Corporate Purposes.
Rocking Deals IPO Basic Details
IPO Date | Nov 22, 2023 to Nov 24, 2023 |
Listing Date | Thursday, November 30, 2023 |
Face Value | ₹10 per share |
Price | ₹136 to ₹140 per share |
Lot Size | 1000 Shares |
Issue Size | 1,500,000 shares of ₹10 (aggregating up to ₹21.00 Cr) |
Fresh Issue | 1,500,000 shares of ₹10 (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 |
Company Promoters | Mr. Aman Preet, Mrs. Kulbir Chopra and Mrs. Avneet Chopra |
Rocking Deals Circular Economy IPO Reservation
QIB Shares Offered | 50% of the Net Issue |
NII (HNI) Shares Offered | 15% of the Net Issue |
Retail Shares Offered | 35% of the Net Issue |
Rocking Deals IPO Timetable
Rocking Deals IPO will open on November 22, 2023 and close on November 24, 2023. You can join Rocking Deals IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
Event | Date |
Opening Date | 22 November 2023 (Wednesday) |
Closing Date | 24 November 2023 (Friday) |
Basis of Allotment | 28 November 2023 (Tuesday) |
Initiation of Refunds | 29 November 2023 (Wednesday) |
Credit of Shares to Demat | 29 November 2023 (Wednesday) |
Listing Date | 30 November 2023 (Thursday) |
Deadline for UPI mandate confirmation | 5 PM on 24 November 2023 |
Rocking Deals Circular Economy IPO Lot Size
For retail investors in Rocking Deals Circular Economy IPO, 1000 shares will come in 1 lot or the minimum investment will be ₹140,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹280,000.
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 1000 | ₹140,000 |
Retail (Max) | 1 | 1000 | ₹140,000 |
S-HNI (Min) | 2 | 2000 | ₹280,000 |
Rocking Deals Circular Economy IPO Promoter Holding
The company’s promoters include Mr. Aman Preet, Mrs. Kulbir Chopra and Mrs. Avneet Chopra.
Pre Issue Share Holding | 88.45% |
Post Issue Share Holding | 65.00% |
Rocking Deals Circular Economy Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
KPI | Values |
Market Cap (₹ Cr.) | 79.23 |
Earning Per Share (EPS) | ₹4.2 per Equity Share |
Net Asset Value (NAV) | ₹565.37 per Equity Share |
P/E Ratio (P/E) (x) | 33.33 |
Post P/E Ratio (P/E) (x) | 51.28 |
Return on Net Worth (RoNW) (%) | 22.26 |
Return on equity (ROE) (%) | 25.05 |
Return on Capital Employed (ROCE) (%) | 22.73 |
Debt/Equity Ratio | Coming Soon |
Rocking Deals Circular Economy Ltd Peer Comparison
There are no listed companies in India that are comparable in all aspects of business and services that the Company provides. Hence, it is not possible to provide an industry comparison in relation to the Company.
Rocking Deals Circular Economy IPO GMP Live Update, Kostak Rate day by day
Date | GMP | Kostak | Subject to |
Today | ₹45 | – | – |
20 November 2023 | ₹45 | – | – |
19 November 2023 | ₹45 | – | – |
18 November 2023 | ₹35 | – | – |
17 November 2023 | ₹0 | – | – |
Rocking Deals Circular Economy IPO Detail Video:
Rocking Deals Circular Economy IPO Subscription Status (Bidding Detail)
The Rocking Deals Circular Economy IPO on November 24, 2023 at 7:30:00 PM was subscribed 213.64 times, with the retail category being subscribed 201.42 times, the NII (Non-Institutional Investor) category being subscribed 458.60 times, QIB (Qualified-Institutional Buyers) category being subscribed 47.38 times.
Category | Subscription |
QIB | 47.38x |
NII | 458.60x |
Retail | 201.42x |
Total | 213.64x |
Rocking Deals Circular Economy IPO Prospectus
Rocking Deals Circular Economy IPO DRHP | Download |
Rocking Deals Circular Economy IPO RHP | Download |
Rocking Deals Circular Economy IPO Anchor Investors Details PDF | Download |
Rocking Deals Circular Economy IPO Rating
Our Rating | 2.5/5.0 |
Rocking Deals Circular Economy Company Contact Information
Rocking Deals Circular Economy Limited
![Rocking Deals Circular Economy Limited](https://www.sharemarketexpress.com/wp-content/uploads/2023/11/Rocking-Deals-Circular-Economy-Limited-300x300.jpg)
Registered Office: Shop Kh No 424 Basement Ghitorni Gadaipur South West Delhi-110030.
Corporate Office: 12/3, Milestone, Near Sarai Metro Station, Mathura Road, Faridabad, Haryana 121003.
Tel: +91 – 83760 36354
E-mail: compliance@rockingdeals.in
Website: https://www.rockingdeals.in/
Contact Person: Ms. Deepika Dixit, Company Secretary and Compliance Officer
Our Promoters: Mr. Aman Preet, Mrs. Kulbir Chopra and Mrs. Avneet Chorpa
Rocking Deals Circular Economy IPO Registrar
Bigshare Services Private Limited
Registered Office: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri (East) Mumbai-400093, India.
Tel No.: +91 – 22 – 6263 8200;
Fax No.: +91 – 22 – 6263 8299
E-mail: ipo@bigshareonline.com
Investor Grievances Email Id: investor@bigshareonline.com
Website: www.bigshareonline.com
SEBI Registration No.: INR000001385
Contact Person: Mr. Babu Rapheal C.
Rocking Deals Circular Economy IPO Lead Manager
Corporate Capitalventures Private Limited
Registered Office: B1/E13, First Floor, Mohan Co-operative Industrial Estate,
Mathura Road, New Delhi – 110044,
Tel: +91 11 – 41824066;
Email: smeipo@ccvindia.com
Investor Grievances Email Id: investor@ccvindia.com
Website: www.ccvindia.com
SEBI Registration: INM000012276
Contact Person: Mrs. Harpreet Parashar
Rocking Deals Circular Economy IPO FAQs
What is the lot size of Rocking Deals Circular Economy IPO?
The total size of Rocking Deals Circular Economy IPO is ₹21.00 crores and this is a complete fresh Issue.
When will Rocking Deals Circular Economy IPO start?
Rocking Deals Circular Economy IPO will open from 22 November 2023 and IPO will close on 24 November 2023.
What is the open date of Rocking Deals Circular Economy IPO?
Rocking Deals Circular Economy IPO will open date from 22 November 2023.
What is the last date ( close date ) of Rocking Deals Circular Economy IPO?
Rocking Deals Circular Economy IPO will close from 24 November 2023.
What is the price band of Rocking Deals Circular Economy IPO?
Rocking Deals Circular Economy IPO price band is ₹136 to ₹140. ( Upper Price Band: ₹140, Lower Price Band: ₹136 )
What is the minimum amount required to apply for Rocking Deals IPO?
The minimum investment for retailers to apply for Rocking Deals IPO is ₹140,000 and the maximum investment is ₹140,000.
What is going on gray market premium of Rocking Deals IPO?
View gray market premium of Rocking Deals IPO by Clicking Here
How much is the GMP of Rocking Deals IPO?
Watch Rocking Deals IPO GMP Today: Click Here
What is the allotment date of Rocking Deals Circular Economy IPO?
The allotment date of Rocking Deals Circular Economy IPO is 28 November 2023.
How to check allotment status in Rocking Deals Circular Economy IPO?
To check the allotment status of Rocking Deals Circular Economy IPO, first of all go to the registrar website by clicking here, select your bad Rocking Deals Circular Economy IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Rocking Deals Circular Economy IPO?
The listing date of Rocking Deals Circular Economy IPO is 30 November 2023.
How much will be the listing gain in Rocking Deals Circular Economy IPO?
View listing gain of Rocking Deals Circular Economy IPO by Clicking Here
How much time Rocking Deals Circular Economy IPO is subscribed?
Total 213.64 times subscribed in Rocking Deals Circular Economy IPO out of which 201.42 times subscription was done in retail quota, 458.60 times subscription in NII quota and 47.38 times subscription in QIB quota.
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