The Rocking Deals IPO started on November 22, 2023, and ended on November 24, 2023. Shares were allocated on November 28, 2023, and refund processes began on November 29, 2023. On November 29, 2023, the shares were credited to investors demat accounts. Rocking Deals was officially listed on the stock exchange on November 30, 2023.
During the IPO, Rocking Deals offered shares at a price range of ₹136 to ₹140 per share, and the lot size was 1000 shares. The total issue size was ₹21.00 crores, with ₹21.00 crores from new shares. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Rocking Deals IPO Subscription Update Video
Rocking Deals IPO Subscription Status
The Rocking Deals IPO on November 24, 2023 was subscribed 213.64 times, with the retail category being subscribed 201.42 times, the NII (Non-Institutional Investor) category being subscribed 458.60 times, the QIB (Qualified-Institutional Buyers) category being subscribed 47.38 times.
| Category | Subscription |
| QIB | 47.38x |
| NII | 458.60x |
| Retail | 201.42x |
| Total | 213.64x |
Rocking Deals IPO Basic Details
| Company Name | Rocking Deals Circular Economy Limited |
| Domain of Company | Trading Goods in Bulk |
| Rocking Deals IPO Open Date | November 22, 2023 |
| Rocking Deals IPO Close Date | November 24, 2023 |
| Rocking Deals IPO Allotment Date | November 28, 2023 |
| Rocking Deals IPO Listing Date | November 30, 2023 |
| Face Value | ₹10 per share |
| Price | ₹136 to ₹140 per share |
| Lot Size | 1000 Shares |
| Issue Size | 1,500,000 shares of ₹10 (aggregating up to ₹21.00 Cr) |
| Fresh Issue | 1,500,000 shares of ₹10 (aggregating up to ₹21.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Aman Preet, Mrs. Kulbir Chopra and Mrs. Avneet Chopra |
About Rocking Deals Circular Economy Limited
Rocking Deals, established in 2005, specializes in buying and selling bulk quantities of excess inventory, open-boxed items, re-commerce goods, and refurbished products. We provide services that make it easy for companies to get rid of their extra inventory, creating more space and resources for them. Our process is simple and transparent, benefiting both sellers and buyers. It’s a win-win situation for everyone involved.
At Rocking Deals, we have over 18 categories of products, known as Stock Keeping Units (SKUs). These categories include electrical appliances (Syska, Havells, LG, Panasonic, Usha, Crompton, Luminous, Phillips, etc.), apparel & footwear (Zara, Nike, Campus, etc.), speakers (Boat, JBL, Gizmore), mobiles and mobile accessories (Lenovo, Boat, Gizmore, etc.), and various other items.
We source our products from e-commerce vendors on platforms like Snapdeal (Juscorp), affiliates of Flipkart and Amazon, as well as companies like GO Auto, Salora International, Zazz Technology Connect Private Limited. Additionally, we work with dealers and distributors such as Matrix Housewares, Raj Agency, Sudhi Enterprises, and others.
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Rocking Deals Circular Economy IPO FAQs
What is the start and end date of Rocking Deals Circular Economy IPO Subscription?
The Rocking Deals Circular Economy IPO started on November 22, 2023, and ended on November 24, 2023.
When does Rocking Deals IPO Subscription open?
The Rocking Deals IPO open on November 22, 2023.
When does Rocking Deals IPO Subscription close?
The Rocking Deals IPO Close on November 24, 2023.
What is the allotment date of Rocking Deals IPO?
The allotment date for Rocking Deals IPO is November 28, 2023.
When is the initial refund date of Rocking Deals IPO?
The initial Refund date for Rocking Deals IPO is November 29, 2023.
When were the shares credited to investors demat accounts for the Rocking Deals IPO?
The shares for the Rocking Deals IPO were credited to investors demat accounts on November 29, 2023.
When will Rocking Deals IPO be listed on the stock market?
Rocking Deals IPO stock market will be listed on November 30, 2023 at 10 am.
What was the price range of the Rocking Deals IPO shares?
The Rocking Deals IPO shares were offered at a price range of ₹136 to ₹140 per share.
What was the lot size for the Rocking Deals IPO shares?
The lot size for the Rocking Deals IPO shares was 1000 shares.
What was the total issue size of the Rocking Deals IPO?
The total issue size of the Rocking Deals IPO was ₹21.00 crores.
How were the shares allocated among different types of investors for the Rocking Deals IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Rocking Deals IPO listed?
The Rocking Deals IPO was listed on the NSE SME.
What is the Rocking Deals IPO Subscription Status?
Rocking Deals IPO is subscribed 213.64 Times.
