Rocking Deals Circular IPO GMP, Listing Dates, IPO Price Band, IPO Lot Size

Rocking Deals Circular IPO is set to launch, with the subscription period commencing on November 22,2023 and closing on November 24,2023. This NSE SME IPO aims to raise ₹21.00 crores, with a 100% fresh issue of 15,00,000 equity shares, each with a face value of ₹10. The price band for the Rocking Deals Circular IPO is fixed at ₹136-₹140 Per share, with a market lot of 1000 shares. The allocation for this IPO is as follows: 50% for retail investors, 50% for high-net-worth individuals (HNI). Rocking Deals Circular IPO Allotment will done on November 28, 2023 and Rocking Deals Circular IPO listing date is November 30, 2023.

 

Rocking Deals Circular Company Profile

Rockingdeals Circular Economy Ltd., established in 2005, operates primarily as a B2B recommerce company. The company specializes in wholesale dealings involving remnants, stock, re-commerce, and remanufactured products. Its product range spans various categories, including small household appliances, clothing, kitchen and home appliances, speakers and cell phone accessories, large appliances, shoes, and more. Noteworthy brands like Samsung, Thomson, MI, LG, Symphonie, ZARA, Nike, Reebok, Campus, Sony, JBL, Boat, Gizmore, One Plus, among others, contribute to the diverse inventory.

As a B2B platform, Rockingdeals CE procures products in bulk from distributors like Inalsa, Khaitan, and others. It then distributes these products in large quantities to clients such as Jindal Mega Mart, Brand Wala, VLE Bazaar Private Limited, HIC International, PSUAVI, KRAT India, Zazz Technology, and sister concerns like Rockingdeals Private Limited, Rockingdeals (HYD) Private Limited, Harkrishanji Products Private Limited. Page 104 of the company’s documentation provides insights into its ten most significant customers and their respective revenue contributions. Rockingdeals CE engages in trading and bidding for the following types of products:

1. Surplus stock
2. Unpackaged/open packaged products
3. Used products
4. Refurbished products
5. Export surpluses
6. Demonstration appliances
7. Electronic scrap

 

Rocking Deals Circular IPO GMP

 

Rocking Deals Circular IPO Objectives

The funds raised through the IPO will be utilized for:

1. To meet the working capital requirements of the company
2. Brand Positioning, Marketing and Advertisement
3. General Corporate Purposes.

 

Rocking Deals Circular IPO Key Details

• Rocking Deals Circular IPO Open Date: November 22, 2023
• Rocking Deals Circular IPO Close Date: November 24, 2023
• Rocking Deals Circular IPO Size: Approximately ₹21.00 Crores, 15,00,000 Equity Shares
• Face Value: ₹10 Per Equity Share
• Rocking Deals Circular IPO Price Band: ₹136-140 Per Equity Share
• Rocking Deals Circular IPO Listing on: NSE SME
• Retail Quota: 50% of the net offer
• NII Quota: 50% of the net offer

 

Rocking Deals Circular IPO Timeline

• Rocking Deals Circular IPO Open Date: November 22, 2023
• Rocking Deals Circular IPO Close Date: November 24, 2023
• Basis of Allotment: November 28, 2023
• Refunds: November 29, 2023
• Credit to Demat Account: November 29, 2023
• Rocking Deals Circular IPO Listing Date: November 30, 2023

 

How to Apply for Rocking Deals Circular IPO

Investors can apply for the Rocking Deals Circular IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the NSE website.

 

Rocking Deals Circular Financial Performance (in Crores)

• Year 2021: Revenue ₹10.7, Expenses ₹10.71, PAT ₹-0.01
• Year 2022: Revenue ₹15.33, Expenses ₹15.19, PAT ₹0.14
• Year 2023: Revenue ₹15.18, Expenses ₹13.63, PAT ₹1.54

 

Rocking Deals Circular Valuation  FY2023

• Earnings Per Share (EPS): ₹4.20 per Equity Share
• Price/Earnings (P/E) Ratio: 33.33
• Return on Net Worth (RoNW): 22.26%
• Net Asset Value (NAV): ₹18.85 per Equity Share

 

Rocking Deals Circular Peer Group

• N/A

 

Rocking Deals Circular Company Promoters

• Mr. Aman Preet
• Mrs. Kulbir Chopra
• Mrs. Avneet Chopra

 

Rocking Deals Circular IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91226263 8200

Email: ipo@bigshareonline.com

Website: http://www.bigshareonline.com

 

Rocking Deals Circular IPO Allotment Status Check

• Check the Rocking Deals Circular IPO allotment status on the Bigshare website.

 

Rocking Deals Circular IPO Lead Managers (Merchant Bankers)

• Corporate Capitalventures Pvt Ltd

 

Rocking Deals Circular Company Address

Shop Kh No 424 Basement Ghitorni,
Gadaipur South West,
Delhi,Delhi-110 030
India
Website: https://www.rockingdeals.in/
Phone: +91 – 83760 36354
Email: compliance@rockingdeals.in

 

Rocking Deals Circular IPO FAQs

 

What is Rocking Deals Circular IPO?

Rocking Deals Circular IPO is an NSE SME IPO. They are going to raise ₹21.00 Crores via IPO. The issue is priced at ₹136-₹140 per equity share. The IPO is to be listed on NSE SME.

 

When Rocking Deals Circular IPO will open?

The IPO is to open on November 22, 2023 for NII, and Retail Investors.

 

What is Rocking Deals Circular IPO Investors Portion?

The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

 

How to Apply the Rocking Deals Circular IPO?

You can apply Rocking Deals Circular IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

 

How to Apply Rocking Deals Circular IPO through Zerodha?

For those using Zerodha, the application process involves logging into the Zerodha Console, selecting the IPO under the Portfolio section, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with Zerodha may be necessary for some applicants. Open Demat Account with Zerodha.

 

How to Apply the Rocking Deals Circular IPO through Alice Blue?

Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.

 

How to Apply for the Rocking Deals Circular IPO through Motilal Oswal?

Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.

 

What is Rocking Deals Circular IPO Size?

Rocking Deals Circular IPO size is ₹21.00 crores.

 

What is Rocking Deals Circular IPO Price Band?

Rocking Deals Circular IPO Price Band is ₹136-₹140 per equity share.

 

What is Rocking Deals Circular IPO Minimum and Maximum Lot Size?

The IPO bid is 1000 shares with ₹140,000.

 

What is Rocking Deals Circular IPO Allotment Date?

Rocking Deals Circular IPO allotment date is November 28, 2023.

 

What is Rocking Deals Circular IPO Listing Date?

Rocking Deals Circular IPO listing date is November 30, 2023. The IPO to list on NSE SME.