The company, Rockingdeals Circular Economy Ltd is primarily a B2-B re-commerce player which started its operations in 2005. The company is primarily engaged in bulk trading of excess inventory, open-boxed inventory, re-commerce products, and refurbished products, which has been further detailed in this section. These products range in several categories such as small home appliances, apparel, kitchenware and household, speaker & mobile accessories, large appliances, footwear, etc. These products are generally of various well-known brands such as Samsung, Thomson, MI, LG, symphony, ZARA, Nike, Reebok, Campus, Sony, JBL, Boat, Gizmore, One Plus, etc.
As they are more of a B2B platform, Rockingdeals CE takes the aforementioned products in bulk from various dealers of Inalsa, Khaitan etc and supplies these products in bulk to clients such as Jindal Mega Mart, Brand Wala, VLE Bazaar Private Limited, HIC International, PSUAVI, KRAT India, Zazz Technology besides to its sister companies such as (Rockingdeals Private Limited, Rockingdeals (HYD) Private Limited, Harkrishanji Products Private Limited).
As of date, the company has over 18 categories of Stock Keeping Units (SKU) i.e., electrical appliances (Syska, Havells, LG, Panasonic, Usha, Crompton, Luminous, Phillips, etc.), apparel & footwear (Zara, Nike, Campus etc), speaker (Boat, JBL, Gizmore), mobile and mobile accessories (Lenovo, Boat, Gizmore etc) and various other products which the company procures from ecommerce vendors of platforms like Snapdeal (Juscorp), affiliates of Flipkart and Amazon etc; companies like GO Auto, Salora International, Zazz Technology Connect Private Limited; and dealers & distributors like Matrix Housewares, Raj Agency, Sudhi Enterprises etc.
Objects of the Issue:
- To meet the working capital requirements of the company.
- Brand Positioning, Marketing and Advertisement.
- General corporate purpose.
Rocking Deals IPO Review
- Avoid (Risky)
Rocking Deals IPO Date & Price Band Details
|IPO Open:||November 22, 2023|
|IPO Close:||November 24, 2023|
|IPO Size:||Approx ₹21 Crores, 1,500,000 Equity Shares|
|Face Value:||₹10 Per Equity Share|
|IPO Price Band:||₹136 to ₹140 Per Equity Share|
|IPO Listing on:||NSE SME|
|Retail Quota:||35% of the net offer|
|QIB Quota:||50% of the net offer|
|NII Quota:||15% of the net offer|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors in IPO:||Click Here|
Rocking Deals IPO Market Lot
The Rocking Deals IPO minimum market lot is 1000 shares with a ₹140,000 application amount.
Rocking Deals IPO Dates
The Rocking Deals IPO date is November 22 and the IPO close date is November 24. The IPO allotment date is November 28 and the IPO might list on November 30.
|IPO Open Date:||November 22, 2023|
|IPO Close Date:||November 24, 2023|
|Basis of Allotment:||November 28, 2023|
|Refunds:||November 29, 2023|
|Credit to Demat Account:||November 29, 2023|
|IPO Listing Date:||November 30, 2023|
Rocking Deals IPO Form
How to apply Rocking Deals IPO? You can apply Rocking Deals IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rocking Deals IPO in the Invest section. The other option you can apply Rocking Deals IPO via IPO forms download via the NSE website. Check out the Rocking Deals forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Rocking Deals Company Financial Report
|₹ in Crores|
Rocking Deals IPO Valuation – FY2023
Check Rocking Deals IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹4.20 per Equity Share|
|Price/Earning P/E Ratio:||32.38|
|Return on Net Worth (RoNW):||22.26%|
|Net Asset Value (NAV):||₹439.93 per Equity Share|
- Mr. Aman Preet
- Mrs. Kulbir Chopra
- Mrs. Avneet Chopra
Rocking Deals IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6273 8200
Email: [email protected]
Rocking Deals IPO Allotment Status
Check Rocking Deals IPO allotment status on Bigshare website URL. Click Here
Rocking Deals IPO Lead Managers aka Merchant Bankers
- Corporate Capitalventures Pvt Ltd
Rocking Deals Circular Economy Limited
Shop Kh No 424 Basement
South West Delhi-110030
Phone: +91 – 83760 36354
Email: [email protected]