Rockingdeals Circular Economy IPO vs Swashthik Plascon IPO

Comparision between Rockingdeals Circular Economy IPO and Swashthik Plascon IPO.

IPO Details

Rockingdeals Circular Economy IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Swashthik Plascon IPO is a SME Book Built Issue proposed to list at BSE SME.

	Rockingdeals Circular Economy IPO	Swashthik Plascon IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Corporate Capitalventures Pvt Ltd	Shreni Shares Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Ss Corporate Securities Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Rockingdeals Circular Economy IPO is up to ₹21.00 Cr whereas the issue size of the Swashthik Plascon IPO is up to ₹40.76 Cr. The final issue price of Rockingdeals Circular Economy IPO is ₹140.00 per share and of Swashthik Plascon IPO is ₹86.00 per share.

	Rockingdeals Circular Economy IPO	Swashthik Plascon IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹136.00 per share	₹80.00 per share
Issue Price (Upper)	₹140.00 per share	₹86.00 per share
Issue Price (Final)	₹140.00 per share	₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	15,00,000 shares	47,39,200 shares
Fresh Issue Size (Amount)	up to ₹21.00 Cr	up to ₹40.76 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	15,00,000 shares	47,39,200 shares
Issue Size Total (Amount)	up to ₹21.00 Cr	up to ₹40.76 Cr

IPO Timetable

Rockingdeals Circular Economy IPO opens on Nov 22, 2023, while Swashthik Plascon IPO opens on Nov 24, 2023. The closing date of Rockingdeals Circular Economy IPO and Swashthik Plascon IPO is Nov 24, 2023, and Nov 29, 2023, respectively.

	Rockingdeals Circular Economy IPO	Swashthik Plascon IPO
Anchor Bid Date	Nov 21, 2023	Nov 23, 2023
Issue Open	Nov 22, 2023	Nov 24, 2023
Issue Close	Nov 24, 2023	Nov 29, 2023
Basis Of Allotment (Tentative)	Nov 28, 2023	Dec 04, 2023
Initiation of Refunds (Tentative)	Nov 29, 2023	Dec 05, 2023
Credit of Share (Tentative)	Nov 29, 2023	Dec 05, 2023
Listing date (Tentative)	Nov 30, 2023	Dec 05, 2023
Anchor Lockin End date 1	Dec 28, 2023	Jan 03, 2024
Anchor Lockin End date 2	Feb 26, 2024	Mar 03, 2024

Financials

Rockingdeals Circular Economy IPO P/E ratio is 33.33, as compared to Swashthik Plascon IPO P/E ratio of 17.23.

Rockingdeals Circular Economy IPO

Swashthik Plascon IPO

Financial

Rocking Deals Circular Economy Limited Financial Information (Restated)

Rocking Deals Circular Economy Limited's revenue decreased by -1.01% and profit after tax (PAT) rose by 974.19% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,437.45	1,226.60	1,397.27	1,863.09
Revenue	958.15	1,517.53	1,533.08	1,069.62
Profit After Tax	125.15	154.34	14.37	-1.48
Net Worth	818.46	693.31	538.97	539.48
Reserves and Surplus	450.58	681.05	526.71	527.21
Total Borrowing	372.81	393.20	406.10	411.85
Amount in ₹ Lakhs

Swashthik Plascon Limited Financial Information (Restated Consolidated)

Period Ended	30 Sep 2023	31 Mar 2023
Assets	11,416.09	11,076.25
Revenue	6,973.65	4,589.10
Profit After Tax	528.48	302.19
Net Worth	2,564.07	2,037.09
Reserves and Surplus	1,281.59	754.61
Total Borrowing	6,231.66	5,879.54
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

88.45%

60.00%

Promoter Shareholding (Post-Issue)

65.00%

43.81%

P/E Ratio

33.33

17.23

Market Cap

₹79.23 Cr.

₹151.05 Cr.

ROE

25.05%%

22.78%%

ROCE

22.73%%

17.30%%

Debt/Equity

2.89

EPS

₹4.20

₹4.99

RoNW

22.26%%

14.95%%

Shares Offered

In the Rockingdeals Circular Economy IPO retail investors (RII) are offered 5,00,000 shares while in Swashthik Plascon IPO retail investors are offered 5,00,000 shares. Qualified institutional buyers (QIB) are offered 2,80,000 shares in Rockingdeals Circular Economy IPO and 9,00,800 shares in Swashthik Plascon IPO.

	Rockingdeals Circular Economy IPO	Swashthik Plascon IPO
Anchor Investor Reserveration	4,20,000 shares	13,48,800 shares
Market Maker Reserveration	85,000 shares	2,38,400 shares
QIB	2,80,000 shares	9,00,800 shares
NII	2,15,000 shares	6,75,200 shares
RII	5,00,000 shares	15,76,000 shares
Employee	0 shares	0 shares
Others
Total	9,95,000 shares	31,52,000 shares

Bids Received (Subscription)

Rockingdeals Circular Economy IPO subscribed 213.64x in total, whereas Swashthik Plascon IPO subscribed 15.43x.

	Rockingdeals Circular Economy IPO	Swashthik Plascon IPO
QIB (times)	47.38x	3.42x
NII (times)	458.60x	35.76x
Big NII (times)
Small NII (times)
RII (times)	201.42x	13.58x
Employee (times)
Other (times)
Total (times)	213.64x	15.43x

Compare with others

Rockingdeals Circular Economy IPO	Swashthik Plascon IPO
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Swashthik Plascon IPO	Deepak Chemtex IPO
Arrowhead Seperation Engineering IPO	Rockingdeals Circular Economy IPO
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Sheetal Universal IPO	Sunrest Lifescience IPO

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