Rocking Deals IPO description – Rocking Deals Circular Economy is primarily a B2B re-commerce player that started operations in 2005. The company is primarily engaged in bulk trading of excess inventory, open-boxed inventory, re-commerce products, and refurbished products.
The company’s products range in several categories such as small home appliances, apparel, kitchenware and household, speaker & mobile accessories, large appliances, footwear etc. The 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.
The B2B segment constitutes a significant portion of the revenue, contributing 97.43% in FY 2022-23, 96.84% in FY 2021-22, and 99.94% in FY 2020-21. The clients include Jindal Mega Mart, Brand Wala, VLE Bazaar Private Limited, HIC International, PSUAVI, KRAT India, Zazz Technology etc.
As of 30 June 2023, 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 e-commerce 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.
Promoters of Rocking Deals Circular Economy – Mr. Aman Preet, Mrs. Kulbir Chopra, and Mrs. Avneet Chorpa
Table of Contents
Rocking Deals IPO Details
| Rocking Deals IPO Dates | 22 – 24 November 2023 |
| Rocking Deals Circular IPO Price | INR 136 – 140 per share |
| Fresh issue | 15,00,000 shares (INR 20.4 – 21 crore) |
| Offer For Sale | Nil |
| Total IPO size | 15,00,000 shares (INR 20.4 – 21 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 140,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Rocking Deals Circular Economy Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | Q1 FY 2024 |
| Revenue | 10.56 | 14.83 | 15.01 | 9.58 |
| Expenses | 10.67 | 15.15 | 13.13 | 7.89 |
| Net income | (0.01) | 0.14 | 1.54 | 1.25 |
Rocking Deals Offer News
- Rocking Deals RHP
- Rocking Deals Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Rocking Deals Circular Economy Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (0.04) | 0.39 | 4.20 |
| PE ratio | – | – | 32.38 – 33.33 |
| RONW (%) | (0.27) | 2.67 | 22.26 |
| NAV | 14.66 | 14.65 | 18.85 |
| ROCE (%) | 4.02 | 5.77 | 22.73 |
| EBITDA (%) | 5.90 | 2.06 | 17.10 |
| Debt/Equity | 0.76 | 0.75 | 0.57 |
Rocking Deals IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 29 November 2023 | 50 | – | 41,000 |
| 28 November 2023 | 50 | – | 41,000 |
| 27 November 2023 | 50 | – | 41,000 |
| 25 November 2023 | 50 | – | 41,000 |
| 24 November 2023 | 53 | – | 43,500 |
| 23 November 2023 | 50 | – | 42,000 |
| 22 November 2023 | 42 | – | 34,000 |
| 21 November 2023 | 35 | – | 30,000 |
| 20 November 2023 | 15 | – | – |
Rocking Deals IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 280,000 | 300,000 | 500,000 | 1,080,000 |
| 24 Nov 2023 | 47.38 | 329.03 | 204.82 | 198.51 |
| 23 Nov 2023 | 8.49 | 17.80 | 65.25 | 35.51 |
| 22 Nov 2023 | 0.02 | 6.75 | 15.73 | 9.16 |
Rocking Deals IPO Allotment Status
Rocking Deals IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Rocking Deals IPO Dates & Listing Performance
| IPO Opening Date | 22 November 2023 |
| IPO Closing Date | 24 November 2023 |
| Finalization of Basis of Allotment | 28 November 2023 |
| Initiation of refunds | 29 November 2023 |
| Transfer of shares to demat accounts | 29 November 2023 |
| IPO Listing Date | 30 November 2023 |
| Opening Price on NSE SME | INR 300 per share (up 114.29%) |
| Closing Price on NSE SME | INR 315 per share (up 125%) |
Rocking Deals Offer Lead Manager
CORPORATE CAPITALVENTURES PRIVATE LIMITED
B1/E13, First Floor, Mohan Co-operative Industrial Estate,
Mathura Road, New Delhi – 110044
Phone: +91 11 – 41824066
Email:Â [email protected]
Website:Â www.ccvindia.com
Rocking Deals Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Rocking Deals IPO Contact Details
ROCKINGDEALS CIRCULAR ECONOMY LIMITED
12/3, Milestone, Near Sarai Metro Station,
Mathura Road, Faridabad, Haryana 121003
Phone: +91 – 83760 36354
E-mail: [email protected]
Website: www.rockingdeals.in
IPO FAQs
What is the Rocking Deals Circular Economy IPO offer size?
Rocking Deals offer size is INR 20.40 – 21.00 crores.
What is the Rocking Deals offer price band?
Rocking Deals public offer price is INR 136 – 140 per share.
What is the lot size of the Rocking Deals IPO?
Rocking Deals offer lot size is 1,000 shares.
What is Rocking Deals IPO GMP today?
Rocking Deals IPO GMP today is INR 50 per share.
What is the Rocking Deals kostak rate today?
Rocking Deals kostak rate today is NA per application.
What is Rocking Deals Subject to Sauda rate today?
Rocking Deals Subject to Sauda rate today is INR 41,000 per application.
