Rocking Deals Circular Economy is set to launch an IPO which will open on November 22, 2023, and close on November 24, 2023. Through this public offer the company wants to raise Rs. 21 Crore from the primary market, The Company fixed the price band of Rs. 136-140 with a minimum lot of 1000 shares, and listed on November 30, according to the preliminary papers filed to the capital market regulator SEBI.
About Rocking Deals Circular Economy Company
Rocking Deals Circular Economy (2005) is engaged in the business of bulk trading of excess inventory, re-commerce products, refurbished products, open-boxed inventory, etc.
Product ranges include over 18 categories few of them are: small home appliances, apparel, household items, speakers, mobile accessories, large appliances, known brand items, etc.
Rocking Deals Circular Economy IPO Object
The objects of which the net proceeds from the issue shall be utilized are as follows:
- Advertisement, marketing, and brand positioning
- The working capital requirement of the company
- General corporate expenses.
Rocking Deals Circular Economy Strength
- Widespread Vendor network
- Experienced promoters and a sound operational team
- Long-term relationship with clients and repeat business
- Quality assurance
Rocking Deals Circular Economy Risk Factor
- The majority of revenue comes from Haryana only as compared to other states.
- Inability to expand or effectively manage B2B partners/vendors network.
Rocking Deals Circular Economy IPO Review & Rating
| Issue Size (Rs.) | 21 crore |
| Issue Price (Rs.) | 136-140 per share |
| Minimum Lot Size | 1000 shares |
| Total Profit (March 2023) (Rs.) | 1.54 crore |
| RoCE (%) | 22.73% |
| NAV (Rs.) | 18.85 |
| Listing on | NSE MSE |
| IPO Deliver Rating | Four |
Rocking Deals Circular Economy IPO Dates, Price Band & Details
Rocking Deals Circular Economy IPO will open on November 22, 2023, and close on November 24, 2023. The IPO list on November 30, 2023.
| Type of issue | Book Built Issue IPO |
| Issue Size (Rs.) | 21 crore |
| Face Value (Rs.) | 10/- per share |
| IPO Open Date | November 22, 2023 |
| IPO Close Date | November 24, 2023 |
| IPO Allotment Date | November 28, 2023 |
| Refund Date | November 29, 2023 |
| Share Credit Date | November 29, 2023 |
| Listing Date | November 30, 2023 |
Rocking Deals Circular Economy IPO Offer
Rocking Deals Circular Economy IPO’s total issue size is 15,00,000 shares which comprise the below-mentioned categories.
| Offer Category | Shares Offer | Amount (Rs.) |
| Fresh Issue | 15,00,000 | 21 crore |
| Offer for Sale (OFS) | – | – |
Rocking Deals Circular Economy Financials Review (hundred)
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category (Rs.) | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| Total Revenue | 15,17,532.31 | 15,33,084.56 | 10,69,618,61 |
| Net Worth | 6,93,311.31 | 5,38,972.16 | 5,39,476.66 |
| Profit | 1,54,339.14 | 14,367.98 | (1,482.86) |
| Long Term Borrowings | 3,56,386.30 | 3,37,860.76 | 3,42,994.63 |
Rocking Deals Circular Economy IPO Quantitative Factors
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| EPS (Rs.) | 4.20 | 0.39 | (0.04) |
| RoNW (%) | 22.26 | 2.67 | (0.27) |
| NAV (Rs.) | 18.85 | 14.65 | 14.66 |
Rocking Deals Circular Economy IPO Peer Comparison (Top 2)
There are no listed companies in India that are comparable in all aspects of business.
| Company Names | EPS (Rs.) | RoNW (%) | NAV (Rs.) |
| – | – | – | – |
| – | – | – | – |
Rocking Deals Circular Economy Company Promoters
As per the DRHP and RHP, the company has three Promoters.
| Serial No. | Name |
| 01. | Mr. Aman Preet |
| 02. | Mrs. Kulbir Chopra |
| 03. | Mrs. Avneet Chopra |
Rocking Deals Circular Economy Pre-offer and Post-Offer Promoters Shareholding
| Promoter and promoter group Shareholding | Percentage (%) |
| Pre-Issue | 88.45 |
| Post- Issue | 65 |
Rocking Deals Circular Economy IPO Reservation
Rocking Deals Circular Economy IPO total reservation shares distributed between the below-mentioned categories.
| Category | No. of Shares |
| QIB Share Offered | 50% of the issue size |
| RII Share Offered | 35% of the issue size |
| NII Share Offered | 15% of the issue size |
Rocking Deals Circular Economy IPO – Market Lot Size
An individual investor can apply for a minimum of 1 lot of 1000 Shares and a maximum of 1 lot of 1000 shares. Market lot sizes for retail investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail Minimum | 01 | 1000 | 1,40,000 |
| Retail Maximum | 01 | 1000 | 1,40,000 |
Rocking Deals Circular Economy IPO – Prospectus
An investor can download/view the Rocking Deals Circular Economy prospectus copy, which was filed by the company to SEBI, details are as follows.
| Rocking Deals Circular Economy IPO Prospectus | Download/View Links |
| Draft Red Herring Prospectus (DRHP) | Click here |
| Red Herring Prospectus (RHP) | Click here |
Rocking Deals Circular Economy IPO Registrar
Bigshare Services Private Limited
Tel No.: +91-22-6263 8200
E-Mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
Rocking Deals Circular Economy IPO lead manager
Corporate Capital Venture Limited
Tel No.: +91-4182066
E-Mail: smeipo@ccvindia.com
Website: www.ccvindia.com
Rocking Deals Circular Economy IPO Application (How to Apply for an IPO)
There are primary four options for applying for a Rocking Deals Circular Economy IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Rocking Deals Circular Economy Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked till the allotment date, and after it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Rocking Deals Circular Economy Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your account or refunded in case no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your bank account or refunded in case no allotment is made to you.
Option – 4 Apply for IPO through Stock Exchanges
NSE Form – Click to download
BSE Form – Click to download
Submit the form with your bank/broker.
Rocking Deals Circular Economy Company Details
Rocking Deals Circular Economy Limited (2002)
Registered Office: Shop Kh No. 424, Basement Ghitorni, Gadaipu, South West, Delhi- 110030
Tel: +91-83 760 36354
Email: compliance@rockingdeals.in
Website: www.rockingdeals.in
Investor Grievances/Compliance Officer: Mrs. Dipika Dixit
Rocking Deals Circular Economy Subsidiary Companies (Top 2)
| Serial No. | Name of Companies |
| 01. | – |
| 02. | – |
Rocking Deals Circular Economy Company Board (Top 2)
| Serial No. | Name of Directors |
| 01. | Mr. Aman Preet |
| 02. | Mrs. Kulbir Chopra |
Rocking Deals Circular Economy IPO – Frequently Asked Questions (FAQ’s)
Q-1 What is Rocking Deals Circular Economy IPO?
Ans: Rocking Deals Circular Economy brings its SME IPO of Rs. 21 crores, on November 22, 2023, with a price band of Rs. 136-140 per share.
Q-2 What is Rocking Deals Circular Economy IPO Open date?
Ans: Rocking Deals Circular Economy IPO opening date is November 22, 2023.
Q-3 What is Rocking Deals Circular Economy IPO Close date?
Ans: Rocking Deals Circular Economy IPO closing date is November 24, 2023.
Q-4 What is Rocking Deals Circular Economy IPO Listing date?
Ans: Rocking Deals Circular Economy IPO listing date is November 30, 2023.
Q-5 What is Rocking Deals Circular Economy IPO Minimum investment amount?
Ans: Rocking Deals Circular Economy IPO minimum investment amount is Rs. 1,40,000.
Q-6 What is Rocking Deals Circular Economy IPO offer issue Size?
Ans: Rocking Deals Circular Economy offers an issue size of Rs. 21 Crores.
Q-7 What is Rocking Deals Circular Economy IPO Price Band?
Ans: Rocking Deals Circular Economy IPO price band is Rs. 136-140 per share.
Q-8 Is Rocking Deals Circular Economy IPO mainboard IPO or SME IPO?
Ans: Rocking Deals Circular Economy IPO is the SME IPO.