Rockingdeals Circular Economy Share Price

Rockingdeals Circular Economy Limited was originally incorporated on July 29, 2002 as a Private Company as Technix Electronics Private Limited with the Registrar of Companies, N.C.T. of Delhi and Haryana. Thereafter, the Company converted from a Private Limited to Public Limited Company and the name was changed to Technix Electronics Limited on July 10, 2023. Again, the name of the Company was changed to Rockingdeals Circular Economy Limited and a Fresh Certificate of Incorporation was issued on August 17, 2023.Established in 2002 and started operations in 2005, the Company specializes in B2B recommerce, offering bulk trading of excess and openbox inventory, alongside refurbished products, fostering sustainability in procurement. The Company have an extensive distribution network covering metros, Tier I, II, III cities, and remote regions, with a special emphasis on Northeast markets. Rockingdeals offers a diverse range of products sourced from leading brands like Livpure, Whirlpool, Puma, and Godrej. They prioritize quality and variety in categories including small home appliances, apparel, and electronics, serving retailers, distributors, and corporations seeking ecofriendly procurement at competitive prices.Since, the Company is primarily a B2B recommerce player, it take aforementioned products in bulk from various dealers of Inalsa, Khaitan etc and supplies these products in bulk to clients such as Jindal Mega Mart, Brand Wala, VLE Bazaar Private Limited, HIC International, PSUAVI, KRAT India, Zazz Technology besides to its sister companies such as (Rockingdeals Private Limited, Rockingdeals (HYD) Private Limited, Harkrishanji Products Private Limited).On November 24, 2023 Company issued and allotted 15,00,000 Equity Shares of Rs 10 per equity share by raising Rs 21 Crore through fresh issue.