Rocking Deals Circular Economy Limited
LISTEDSME IPO · IPO Guide
Issue Price
₹136 – ₹140
Listed On
30 Nov 2023
Listing Price
₹300 (+114.29%)
Current Price LIVE
₹300
(+114.29%)
Lot Size Calculator
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,40,000 |
| Retail (Max) | 2 | 2,000 | ₹2,80,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,20,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 8,000 | ₹11,20,000 |
As per financials, ROX Hi-Tech Limited has shown good results, RoNW is 63.48% and P/E is respectively 125.28, 12.36 and 9.35. as per FY22, FY23 and annualised FY24 earnings. So, issue looks fairly priced. But, sudden rise in net profit is big concern. Company is in business of customer-centric IT solutions, which is highly fragmented and competitive segment. So we are giving rating to this SME IPO. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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Disclaimer
No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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