Business Standard

Rockingdeals Circular Economy Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

21.00 cr

Price Range (₹)

140

Lot Size

1000

Min Investment (₹)

1,40,000.00

Listing Exchange

NSE - SME

Open Date

22-Nov-2023

Close Date

24-Nov-2023

Listing Date

30-Nov-2023

Rockingdeals Circular Economy Ltd News

    The Shares of Rockingdeals Circular Economy Ltd have now been listed.

    Rockingdeals Circular Economy Ltd IPO Details

    Public issue of 15,00,000 equity shares of face value of Rs. 10 each (Equity Shares) of Rockingdeals Circular Economy Limited (the Company or the Issuer) for cash at a price of Rs. 140 per equity (the Issue Price) aggregating to Rs. 21.00 crores (The Issue) comprising of a fresh issue of 15,00,000 equity shares aggregating to Rs. 21.00 crores (the Fresh Issue) of which 85,000 equity shares aggregating to Rs. 1.19 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 14,15,000 equity shares aggregating to Rs. 19.81 crores (the Net Issue). The issue and the net issue will constitute 26.51% and 25.00% respectively of the post issue paid up equity share capital of the company. The Issue Price:Rs.140 per equity share of face value of Rs.10 each.The Issue Price is 14 times of the face value of the equity shares.

    Objective of issue

    To meet working capital requirement. Brand positioning marketing & advertisement. General corporate purposes.

    Rockingdeals Circular Economy Ltd Contact Details

    Rockingdeals Circular Economy Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - compliance@rockingdeals.in

    Website - www.rockingdeals.in