The Rocking Deals IPO GMP, Review, Price, Allotment IPO date has been confirmed to have started on November 22, 2023 and ended on November 24, 2023. Read the post to learn about Rocking Deals IPO GMP.
The Rocking Deals IPO date has been verified. The IPO will start on November 22 and finish on November 24. Rocking Deals is an NSE SME IPO that aims to raise Rs 21 crore. The price band for the Rocking Deals IPO is set at 136 to 140, with a market lot of 1000 shares.
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Key Details Of Rocking Deals IPO
Bidding Dates
November 22 – 24
Price Range
₹136 to ₹140 per share
Face Value
₹10 per share
GMP
₹90
Rocking Deals GMP
The Rocking Deals Limited IPO GMP is ₹ [90]
Rocking Deals IPO Overview
The Rockingdeals Circular Economy IPO is a recently launched book- built offering for Rs21.00 crores, with 15 lakh shares. Bidding for the IPO commenced on November 22, 2023, and concluded on November 24, 2023. The allotment for the Rockingdeals Circular Economy IPO was finalized on Tuesday, November 28, 2023. Subsequently, the shares were listed on NSE SME on November 30, 2023.
The price range for Rockingdeals Circular Economy IPO has been established at ₹ 136 to ₹ 140 per share. The Rocking Deals Limited IPO GMP is ₹ [90]. Retail investors are needed to apply for a minimum of 1000 shares, which translates to an investment of ₹ 140,000. On the other hand, High Net Worth Individuals( HNIs) need to invest in 2 lots, originally to 2,000 shares, with a total amount of ₹ 280,000.
Rocking Deals 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 |
Rocking Deals IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹140,000 |
| Retail Maximum | 1 | 1000 | ₹140,000 |
| S-HNI Minimum | 2 | 2000 | ₹280,000 |
Rocking Deals IPO Dates
| 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 Company Financial Report
| Year (₹ in Crores) | Revenue | Expense | PAT |
| 2021 | ₹10.70 | ₹10.67 | ₹0.01 |
| 2022 | ₹15.33 | ₹15.15 | ₹0.14 |
| 2023 | ₹15.18 | ₹13.13 | ₹1.54 |
| 2023 2M | ₹9.58 | ₹7.89 | ₹1.25 |
Rocking Deals IPO Valuation – FY2023
| 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 |
Company Profile
Established in 2005, Rockingdeals specializes in the noncommercial trading of surplus inventory, open- boxed particulars,re-commerce products, and refurbished goods. The company offers services that let other businesses fluently dispose of surplus inventory, freeing up precious space and resources. This fast and transparent procedure benefits both sellers and buyers, resulting in a mutually salutary outcome for all parties concerned. Rocking Deals provides a wide range of Stock Keeping Units( SKU) in 18 different categories. These categories include electrical appliances from famed brands similar as Syska, inventory, open-boxed items, re-commerce products, and refurbished goods. The company provides services that facilitate the easy disposal of excess inventory for other businesses, allowing them to free up valuable space and resources. This streamlined and transparent process benefits both the sellers and buyers, creating a mutually advantageous situation for all parties involved. Rocking Deals offers an extensive selection of Stock Keeping Units (SKU) across 18 different categories. These categories include electrical appliances from renowned brands such as Syska,
Havells, LG, Panasonic, Usha, Crompton, Luminous, and Phillips, as well as apparel and footwear from popular names like Zara, Nike, and Campus. The firm also offers speakers from estimable companies similar as Boat, JBL, and Gizmore, as well as mobile phones and accessories from Lenovo, Boat, Gizmore, and others.
Registrar Info
| Name | KFIN TECHNOLOGIES LIMITED |
| Phone number | +91-22-6273 8200 |
| Email ID | [email protected] |
| Website | http://www.bigshareonline.com |
Contact Details
| Name | Rocking Deals LIMITED |
| Phone number | +91 – 83760 36354 |
| Email ID | [email protected] |
| Website | https://www.rockingdeals.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Rocking Deals FAQs
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What is the lot size of the Shanti Spintex IPO?
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What is Shanti Spintex IPO GMP today?
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What is Shanti Spintex IPO GMP today?
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