Rockingdeals Circular Economy Ltd - IPO

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