Rocking Deals Circular Economy Limited
listed
₹1.36LMin. investment
Rocking Deals Circular Economy Limited IPO Details
Issue size
₹21Cr
IPO type
SME
Price range
₹136 – ₹140
Lot size
1000 shares
RHP/DRHP
Read
Price range₹136 – ₹140
IPO type
SME
Lot size1000 shares
Issue size₹21Cr
RHP/DRHP
Read
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About Rocking Deals Circular Economy Limited
Incorporated in 2005, Rocking Deals Circular Economy Limited is primarily a B2-B re-commerce player & the company is engaged in bulk trading of excess inventory, open boxed inventory, re-commerce products and refurbished products, which has been further detailed in this section. These products range in several categories such as small home appliances, apparel, kitchenware and household, speaker & mobile accessories, large appliances, footwear etc. These 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.
As on date the company has over 18 categories of Stock Keeping Units (SKU) i.e., electrical appliances (Syska, Havells, LG, Panasonic, Usha, Crompton, Luminous, Phillips etc.), apparels & 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 ecommerce 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. They deal in bulk quantities, to procure the goods from our various vendors and mostly sell these products in bulk quantities itself.
Rocking Deals Circular Economy Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives
- To meet the working capital requirements of the company
- Brand Positioning, Marketing and Advertisement
- General Corporate Purposes
Here are key details about the Rocking Deals Circular Economy Limited IPO:
| Company Name | Rocking Deals Circular Economy Limited Limited | Rocking Deals Circular Economy Limited IPO Opening Date | November 22, 2023 | |
|---|---|---|---|---|
| Company Incorporated In | 2005Rocking Deals Circular Economy Limited IPO Price band | ₹136 to ₹140 per share |
Frequently asked questions
How to invest in the Rocking Deals Circular Economy Limited ?
Investors can apply for the Rocking Deals Circular Economy Limited through their Demat account via the stock exchange or through their broker.
What is the issue size of Rocking Deals Circular Economy Limited ?
The issue size of the Rocking Deals Circular Economy Limited is 21 Cr.
What is 'pre-apply' for Rocking Deals Circular Economy Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Rocking Deals Circular Economy Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.