Rockingdeals Circular Economy Limited IPO Message Board (Page 2)

Hi @Everyone,

I am new in this forum.

I have some Money which i want to use for IPO and also get maximum Interest rate without fixed Deposit.

And also Easy to apply from that bank as ASBA as I usually do from Kotak Bank.

which Bank usually provide above Benefits ?

As per my opinion Kotak is best, you can do FD and link it with your saving account. Thus you can use FD funds to apply in IPO. The FD breaks only if there is less balance in saving account once you get allotment. 🙏

What is the status of allotment.

Seeing huge demand in subscription it seems double candidate...
Expecting allotment today 😇

Dear Members, today is the allotment day right if yes what are the chances of allotment and GMP...

Due to limitations of funds, I have not applied for. Subscription figures are really wonderful. A very good listing is expected. All the best to the applicants.

Sub2 ~ 60000

Baba Foods Processing Quarterly result on 27.11.2023. Expected to move faster after qtr results.

Some members suggestions to take interest in Main IPOs and expensive valuation, very cold response in the form, the investors have rocked this SME. Don't know how many members applied. But 201 times subscription is great. I remember one Gujarsti dialog :

**TODI NAAKHO TABLA, FODI NAAKHO PETI ANE GATHIYA KHHAAV**

NOT applied. No funds. Was no intention to apply.
Best wishes to members who applied.

Totally agree...some display of conviction. The BRLM has a decent track record so will most likely do well.

Keep minting!

The total number of shares reserved for HNIs is 215,000 or 215 lots. Can a single HNI application be for more than 215 lots ?

Same was seen in Kahan Packaging...only while going through BoA I got to know HNIs can apply more that what is reserved for them ... but that was a fixed price ipo...not sure about BB

Yes...you surely can. Standard practice in Main Board IPO's for HNI quota before introduction of SHNI/BHNI etc.

Keep minting!

Skipped this block unblock game.. applied FF in mainboard IPOs

Dilip Davda said avoid means apply FF :)

@PKRAJ sir...you have rightly explain..What a great subscribtion.. That's too when 4 main ipo's are also closing today with this sme .. Surprise to see the capacity & craze of the investors.. Perfect example of unlimited money with the investing community..
Neither I left with the money to apply here.. & nor intended to apply.. even if were have fund in hand.. Best of luck to those who apply in this much much busy investing week.. May God reward to all for their best efforts 🎄

Rockingdeals Circular Economy IPO,
6 Retail apps

Rockingdeals Circular Economy IPO,
0 allotment

This seems like an interesting company focussing on refurbished products and re-commerce.

Dealing mostly in B2B offline sales.. may be good .. but again trend seems that people buy online.

They are selling through shopclues and snapdeal.. Who buys from them anyway?

Although loks like they are trying to partner with Amazon and through ow d2c portal.

Another interesting pointer is their LLP for e-waste recycling company (owning 50% in it).. although that company hasn't started its' operation yet. This could be a great future bet.. However one should know there are already several companies in that areas (unlisted) who already have runnig operations.

PE = 50+ .. very expensive and greedy promoter. It's not like they own any brand.. it's mostly discounts that they provide because they buy used products and sell it to third parties.

Skipping this one. Secondary market giving ample opportunities. Seeing lot of Tracxn there. :)

Somehow, I believe this would give a below gmp listing.

Latest GMP please ?

55

Applied in 3 retail application along with all main line IPO.

Great subscription figures from Retailer Investors. Here it is about 101x. Very good. It shows that Investors have no problem of funds.
Expensive and avoid by members in view of good IPOs in main line. Allotment not easy.
Members are not interested to post more in this SME.
One can try luck.

Applied
One 4 lots application and 4 retail applications

I m planning to go for 20 lots or 21 lots (total 6 applications )

Will decide on last date

Plz advise anybody intrested

I will modify my plan accordingly

@M Gupta NII may not be more than 150× . You will get allotment sureshot in six applications of 20-21 lots.

Trueinfo

Already more than 50 times a day before closing

It will surely close in the range of 300-400 times