Rockingdeals Circular Economy IPO vs ROX Hi-Tech IPO

Comparision between Rockingdeals Circular Economy IPO and ROX Hi-Tech IPO.

IPO Details

Rockingdeals Circular Economy IPO is a SME Book Built Issue IPO proposed to list at NSE SME while ROX Hi-Tech IPO is a SME Book Built Issue proposed to list at NSE SME.

	Rockingdeals Circular Economy IPO	ROX Hi-Tech IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Corporate Capitalventures Pvt Ltd	Swaraj shares and securities private limited
Registrar	Bigshare Services Pvt Ltd	Purva Sharegistry India Pvt Ltd
Market Maker	Ss Corporate Securities Limited	Share India Securities 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 ROX Hi-Tech IPO is up to ₹54.49 Cr. The final issue price of Rockingdeals Circular Economy IPO is ₹140.00 per share and of ROX Hi-Tech IPO is ₹83.00 per share.

	Rockingdeals Circular Economy IPO	ROX Hi-Tech 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	₹83.00 per share
Issue Price (Final)	₹140.00 per share	₹83.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	15,00,000 shares	60,17,600 shares
Fresh Issue Size (Amount)	up to ₹21.00 Cr	up to ₹49.95 Cr
OFS Issue Size		5,47,200 shares
OFS Issue Size (Amount)		up to ₹4.54 Cr
Issue Size Total	15,00,000 shares	65,64,800 shares
Issue Size Total (Amount)	up to ₹21.00 Cr	up to ₹54.49 Cr

IPO Timetable

Rockingdeals Circular Economy IPO opens on Nov 22, 2023, while ROX Hi-Tech IPO opens on Nov 07, 2023. The closing date of Rockingdeals Circular Economy IPO and ROX Hi-Tech IPO is Nov 24, 2023, and Nov 09, 2023, respectively.

	Rockingdeals Circular Economy IPO	ROX Hi-Tech IPO
Anchor Bid Date	Nov 21, 2023	Nov 06, 2023
Issue Open	Nov 22, 2023	Nov 07, 2023
Issue Close	Nov 24, 2023	Nov 09, 2023
Basis Of Allotment (Tentative)	Nov 28, 2023	Nov 15, 2023
Initiation of Refunds (Tentative)	Nov 29, 2023	Nov 16, 2023
Credit of Share (Tentative)	Nov 29, 2023	Nov 16, 2023
Listing date (Tentative)	Nov 30, 2023	Nov 16, 2023
Anchor Lockin End date 1	Dec 28, 2023	Dec 15, 2023
Anchor Lockin End date 2	Feb 26, 2024	Feb 13, 2024

Financials

Rockingdeals Circular Economy IPO P/E ratio is 33.33, as compared to ROX Hi-Tech IPO P/E ratio of 9.11.

Rockingdeals Circular Economy IPO

ROX Hi-Tech 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

ROX Hi-Tech Limited Financial Information (Restated)

ROX Hi-Tech Limited's revenue increased by 30.12% and profit after tax (PAT) rose by 913.13% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Jul 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,010.87	6,103.26	3,866.72	3,887.58
Revenue	5,001.20	13,398.85	10,297.25	6,547.94
Profit After Tax	675.89	1,532.97	151.31	66.15
Net Worth	3,090.93	2,415.03	882.06	730.75
Reserves and Surplus	1,409.05	1,667.53	134.56	405.75
Total Borrowing	2,838.79	2,258.36	1,794.59	1,135.32
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

88.45%

83.29%

Promoter Shareholding (Post-Issue)

65.00%

P/E Ratio

33.33

9.11

Market Cap

₹79.23 Cr.

₹189.52 Cr.

ROE

25.05%%

63.48%%

ROCE

22.73%%

50.17%%

Debt/Equity

0.94

EPS

₹4.20

₹9.11

RoNW

22.26%%

63.48%%

Shares Offered

In the Rockingdeals Circular Economy IPO retail investors (RII) are offered 5,00,000 shares while in ROX Hi-Tech 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 10,51,200 shares in ROX Hi-Tech IPO.

	Rockingdeals Circular Economy IPO	ROX Hi-Tech IPO
Anchor Investor Reserveration	4,20,000 shares	15,80,800 shares
Market Maker Reserveration	85,000 shares	8,48,000 shares
QIB	2,80,000 shares	10,51,200 shares
NII	2,15,000 shares	8,96,000 shares
RII	5,00,000 shares	21,93,600 shares
Employee	0 shares	0 shares
Others
Total	9,95,000 shares	41,40,800 shares

Bids Received (Subscription)

Rockingdeals Circular Economy IPO subscribed 213.64x in total, whereas ROX Hi-Tech IPO subscribed 214.44x.

	Rockingdeals Circular Economy IPO	ROX Hi-Tech IPO
QIB (times)	47.38x	106.25x
NII (times)	458.60x	366.86x
Big NII (times)
Small NII (times)
RII (times)	201.42x	204.02x
Employee (times)
Other (times)
Total (times)	213.64x	214.44x

Compare with others

Rockingdeals Circular Economy IPO	ROX Hi-Tech IPO
Graphisads IPO	Deepak Chemtex IPO
AMIC Forging IPO	Swashthik Plascon IPO
Net Avenue Technologies IPO	Rockingdeals Circular Economy IPO
Deepak Chemtex IPO	Arrowhead Seperation Engineering IPO
Swashthik Plascon IPO	Kalyani Cast Tech IPO
Arrowhead Seperation Engineering IPO	Sunrest Lifescience IPO
Kalyani Cast Tech IPO	Sheetal Universal IPO
ROX Hi-Tech IPO	Baba Food Processing IPO
Sunrest Lifescience IPO	Micropro Software Solutions IPO
Sheetal Universal IPO	SAR Televenture IPO

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