The Rocking Deals IPO date has been confirmed. The IPO will begin on November 22 and end on November 24. Rocking Deals is an NSE SME IPO that will raise 21 crores through the IPO. The price band for the Rocking Deals IPO is set at 136 to 140, with a market lot of 1000 shares.
Rockingdeals Circular Economy Ltd is predominantly a B2-B re-commerce player that began operations in 2005. The company’s primary business is bulk trading of excess inventory, open-boxed inventory, re-commerce products, and refurbished products, as discussed more in this section. Small home appliances, clothes, cookware and housekeeping, speaker & mobile accessories, major appliances, footwear, and so on are examples of these products. These items are typically from well-known companies such as Samsung, Thomson, MI, LG, Symphony, ZARA, Nike,
Reebok, Campus, Sony, JBL, Boat, Gizmore, One Plus, and so on. As a B2B platform, Rockingdeals CE purchases the aforementioned products in bulk from various Inalsa, Khaitan, and other dealers and distributes them to clients such as Jindal Mega Mart, Brand Wala, VLE Bazaar Private Limited, HIC International, PSUAVI, KRAT India, and Zazz Technology, as well as its sister companies (Rockingdeals Private Limited, Rockingdeals (HYD) Private Limited, and Harkrishanji Products Private Limited).
As of today, the company has over 18 categories of Stock Keeping Units (SKU), which include electrical appliances (Syska, Havells, LG, Panasonic, Usha, Crompton, Luminous, Phillips, etc.), apparel & footwear (Zara, Nike, Campus, etc.), speakers (Boat, JBL, Gizmore), mobile and mobile accessories (Lenovo, Boat, Gizmore, etc.), and various other products that the company purchases from ecommerce vendors
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 |
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
- To be updated soon
Rocking Deals IPO Market Lot
The Rocking Deals IPO minimum market lot is 1000 shares with a ₹140,000 application amount.
| 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
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 for the Rocking Deals IPO using your bank account’s ASBA. Simply go in to your online bank account and apply through your bank account by selecting the Rocking Deals IPO in the Invest section. The alternative option is to apply for the Rocking Deals IPO using the IPO forms available on the NSE website.
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
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 |
Peer Group
- NA
Company Promoters
- 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]
Website: http://www.bigshareonline.com
Company Address
Rocking Deals Circular Economy Limited
Shop Kh No 424 Basement
Ghitorni, Gadaipur
South West Delhi-110030
Phone: +91 – 83760 36354
Email: [email protected]
Website: https://www.rockingdeals.in
Rocking Deals IPO Lead Managers aka Merchant Bankers
- Corporate Capitalventures Pvt Ltd
Rocking Deals IPO FAQs
Q1. What is the Rocking Deals Circular Economy IPO offer size?
Ans. Rocking Deals offer size is INR 20.40 – 21.00 crores.
Q2. What is the Rocking Deals offer price band?
Ans. Rocking Deals public offer price is INR 136 – 140 per share.
Q3. What is the Rocking Deals kostak rate today?
Ans. Rocking Deals kostak rate today is NA per application.
Q4. What is Rocking Deals Subject to Sauda rate today?
Ans. Rocking Deals Subject to Sauda rate today is INR NA per application.
Q5. What is the lot size of the Rocking Deals IPO?
Ans. Rocking Deals offer lot size is 1,000 shares.
Q6. What is Rocking Deals IPO GMP today?
Ans. Rocking Deals IPO GMP today is INR 15 per share.
