Rocking Deals IPO Details | GMP, Date, Price, Review

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

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