Rockingdeals Circular Economy IPO Listing: B2B re-commerce company Rockingdeals Circular Economy Ltd on Thursday made a stellar stock market debut, with its shares posting nearly 115 per cent listing gains on the NSE SME. The company’s shares, which listed at Rs 300 per share on the NSE SME on Thursday as against the IPO issue price of 140, rose further during the early trade.
As of 11:19 am, Rockingdeals Circular Economy Ltd’s shares were trading at Rs 312 on the NSE SME, which is 122.85 per cent higher than the issue price of Rs 140 and 4 per cent higher than its opening price of Rs 300.
Rocking Deals Circular IPO, which was opened for public subscription between November 22 and November 24, received a whopping 312.64 times subscription. The SME price for the offer was fixed at Rs 140 a share.
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