IPO Issue Details
Issue Price / Price Band₹140 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size15,00,000 shares (aggregating up to ₹21.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 22 Nov 2023
Subscription CloseFri, 24 Nov 2023
Anchor AllotmentTue, 21 Nov 2023
Basis of AllotmentTue, 28 Nov 2023
Initiation of RefundsWed, 29 Nov 2023
Credit of Shares to DematWed, 29 Nov 2023
Listing DateThu, 30 Nov 2023
UPI Mandate Deadline2023-11-24
Application & Investment Details
Retail — Min (1 Lots)₹1,40,000 — 1000 shares
Retail — Max (13 Lots)₹1,820,000 (13 Lots)
HNI — Min (2 Lots)₹2,80,000 — 2000 shares
EPS (Pre-IPO)₹4.20
P/E Ratio (Pre-IPO)33.33x
P/E Ratio (Post-IPO)51.28x
Net Offer to Public14,15,000 shares (aggregating up to ₹19.81 Cr)
Reserved for Market Maker85,000 shares (aggregating up to ₹1.19 Cr)
Pre-IPO Promoter Holding41,59,000 shares
Post-IPO Promoter Holding56,59,000 shares
About Rockingdeals Circular Economy Ltd
Incorporated in 2005, Rockingdeals specializes in bulk trading of excess inventory, open-boxed inventory, re-commerce products, and refurbished products.The company offers a variety of services that enable other companies to easily dispose of their excess inventory, freeing up valuable space and resources. The process is designed to be seamless and transparent, benefiting both the seller and the buyer. This results in a win-win situation for all parties involved.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.
Objects of the Issue
Rockingdeals Circular Economy Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To meet the working capital requirements of the company.
2
Brand positioning, marketing, and advertisement.
3
General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding
41,59,000 shares
Post-IPO Promoter Holding
56,59,000 shares