Rockingdeals Circular Economy Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 700,000 (47%) | — | ₹980 Cr |
| NII (HNI) | — | 215,000 (14%) | — | ₹301 Cr |
| Retail | — | 500,000 (33%) | — | ₹700 Cr |
| Market Maker | — | 85,000 (6%) | — | ₹12 Cr |
| Σ Total | — | 1,500,000 (100%) | — | ₹21,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹140,000 |
| Retail (Max) | 13 | 13,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,380,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 958 | 1,518 | 1,533 |
| Profit After Tax | 125 | 154 | 14 |
| Net Worth | 818 | 693 | 539 |
| Total Assets | 1,437 | 1,227 | 1,397 |
| Reserves & Surplus | 451 | 681 | 527 |
| Total Borrowing | 373 | 393 | 406 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet the working capital requirements of the company. –
- Brand positioning, marketing, and advertisement. –
- General corporate purposes. –
Company Overview
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.