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
Listing date
30 Nov 2023
Lot size
1000 shares
RHP/DRHP
Read
Price range₹136 – ₹140
IPO type
SME
Lot size1000 shares
Issue size₹21Cr
RHP/DRHP
Read
Rocking Deals Circular Economy Limited Timeline
- Bid start22 Nov 2023
- Bid end24 Nov 2023
- Allotment24 Nov 2023
- Release of funds29 Nov 2023
- Demat transfer28 Nov 2023
- Listing30 Nov 2023
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 |
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Rocking Deals Circular Economy Limited Contact Details
Company NameRocking Deals Circular Economy Limited
How to apply for Rocking Deals Circular Economy Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.