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News Details

17/11/2023 14:42

Rocking Deals Circul announces launch of initial public offering

Rocking Deals Circular Economy Ltd. has announced public offering of 1500000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 130.00 per share. The gross proceeds of the issue are expected to be Rs 2,100.00 lakhs.

The company's initial public offer (IPO) will open on 22 November 2023 and is expected to close on 24 November 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 136.00-140.00 per share.

The IPO includes a fresh Issue of 1500000 Equity Shares of the Company at an price of Rs 140.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Rocking Deals Circular Economy Ltd. anticipates using the proceeds of the issue for .

Corporate Capitalventures Pvt. Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.