Rocking Deals Circular Economy Limited is primarily engaged in bulk trading of excess inventory, open boxed inventory, re-commerce products, and refurbished products.
These products range in several categories such as small home appliances, apparel, kitchenware’s 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.
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.
Rocking Deals Circular Economy IPO – Details
| IPO Opening Date | 22 November 2023 |
| IPO Closing Date | 24 November 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 15,00,000 Shares Worth ₹21.00 Crore Fresh Issue: 15,00,000 Shares Worth ₹21.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹136 – ₹140 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Rocking Deals Circular Economy IPO – Date Schedule
| IPO Open Date | 22 November 2023 |
| IPO Close Date | 24 November 2023 |
| Basis of Allotment | 28 November 2023 |
| Initiation of Refund | 29 November 2023 |
| Credit of Shares to Demat Account | 29 November 2023 |
| IPO Listing Date | 30 November 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Nov 24, 2023 |
Rocking Deals Circular Economy IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1000 | 1,40,000 |
| Retail (Maximum) | 1 | 1000 | 1,40,000 |
| HNI (Minimum) | 2 | 2000 | 2,80,000 |
Competitive Strengths
- Widespread Vendor Network.
- Experienced Promoters and Sound Operation Team.
- Long Term Relationship with Clients and Repeat Business.
- Quality Assurance.
Company Promoters
- Mr. Aman Preet
- Mrs. Kulbir Chopra
- Mrs. Avneet Chopra
Object Of The Issue
- Working Capital Requirements.
- Brand Positioning and Marketing & Advertisement.
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 10.69 | 10.67 | -0.014 | 4.11 |
| 31 March 2022 | 15.33 | 15.14 | 0.14 | 4.06 |
| 31 March 2023 | 15.17 | 13.12 | 1.54 | 3.93 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 33.33 |
| Market Cap (₹ Cr.) | 79.23 |
| ROE | 25.05% |
| ROCE | 22.73% |
| EPS (Rs) | 4.2 |
| RoNW | 22.26% |
Rocking Deals Circular Economy IPO Promoter Holding
| Pre Issue Share Holding | 88.45% |
| Post Issue Share Holding | 65.00% |
Rocking Deals Circular Economy IPO Prospectus
Company Contact Information
| Rocking Deals Circular Economy Limited Shop Kh No 424 Basement Ghitorni, Gadaipur South West Delhi-110030 Phone: +91 – 83760 36354 Email: compliance@rockingdeals.in Website: https://www.rockingdeals.in/ |
Rocking Deals Circular Economy IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Rocking Deals Circular Economy IPO Lead Manager(s)
| 1. Corporate Capitalventures Pvt Ltd |
Rocking Deals Circular Economy IPO FAQs
| What is Rocking Deals Circular Economy IPO? Rocking Deals Circular Economy IPO is a SME IPO. The issue is priced at ₹136 – ₹140 per equity share. The IPO is to be listed on NSE SME. |
| When Rocking Deals Circular Economy IPO will open? The IPO is to open on 22 November 2023 for QIB – 35%, NII – 15% and Retail – 35% Investors. |
| How to Rocking Deals Circular Economy IPO? You can apply Rocking Deals Circular Economy 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 the Rocking Deals Circular Economy IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Rocking Deals Circular Economy”. Click on 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 5 Paisa. |
| How to Apply the Rocking Deals Circular Economy IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Rocking Deals Circular Economy”. Click on 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 Edelweiss. |
| What is Rocking Deals Circular Economy IPO Size? Rocking Deals Circular Economy IPO size is ₹21.00 crores. |
| What is Rocking Deals Circular Economy IPO Price Band? Rocking Deals Circular Economy IPO Price Band is ₹136 – ₹140. |
| What is Rocking Deals Circular Economy IPO Minimum and Maximum Lot Size? The minimum bid is 1000 Shares with ₹1,40,000 amount while the maximum bid is 1000 shares with ₹1,40,000. |
| What is the Rocking Deals Circular Economy IPO Allotment Date? Rocking Deals Circular Economy IPO allotment date is 28 November 2023. |
| What is the Rocking Deals Circular Economy IPO Listing Date? Rocking Deals Circular Economy IPO listing date is 30 November 2023. The IPO is to list on NSE SME. |
