On Door Concepts (NSE SME)

Oct 23, 2023 - Oct 27, 2023

Price ₹208 - ₹208
Premium ₹15
Lot size 600
Allotment Oct 30, 2023
Listing Nov 1, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 600 124800 1177
HNI 2 1200 249600 1177

Last updated on 27-Oct-2023 17:00:03

Category Offered Applied Times
NIB 7,06,200 23,16,000 3.28
RETAIL 7,06,200 55,55,400 7.87
Total 14,12,400 78,71,400 5.57
Retail Apps 9,259 © IPO Premium

Incorporated in December 2014, Ondoor Concepts is an e-commerce website catering to the needs of grocery and home essentials. In Jan 2015, the company opened its first store in Bhopal, Madhya Pradesh. As of 31st March 2023, the company has established 55 stores across various cities in Madhya Pradesh out of which 17 stores are owned and operated by the company. The rest of the 38 stores are operated through the franchisee model.

The company deals in the following product categories:

  • Food category includes groceries, fruits & vegetables, beverages dairy products and confectionery
  • Next comes FMCG i.e fast moving consumer goods involving personal care and toiletries and other over-the-counter products.
  • Lastly, general merchandise includes crockery, plastic items, daily necessities etc.

The competitive strength of the company includes:-

  1. E-tailing business including Android and IOS Application, web portal and telephonic orders backed up by backhand logistics to deliver the order at the customer's doorstep.
  2. Ondoor follows the policy of "Everyday Low Price" to give a convenient shopping experience to its target customer base.
  3. Reasonable pricing across all product categories and all product ranges rather than on particular day of the week.

On Door Concepts IPO Details

Issue Size 1,498,800 shares
(aggregating up to ₹31.18 Cr)
Fresh Issue 1,498,800 shares
(aggregating up to ₹31.18 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue 4,149,812
Share holding post issue 5,648,612
Market Maker portion 86,400 shares
Bhh Securities

On Door Concepts IPO Reservation

Investor Category Shares Offered
Retail Shares Offered 50% of the Net issue
Other Shares Offered 50% of the Net issue

Company Financials

Ondoor Concepts Limited Financial Information (Restated)

Ondoor Concepts Limited's revenue increased by 3.93% and profit after tax (PAT) dropped by -101.15% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Mar 2023 Mar 2022 Mar 2021
Assets 9,009.46 7,782.37 6,563.49
Revenue 18,015.02 17,333.09 18,306.01
Profit 6.17 -536.98 -523.44
Net Worth 5,120.78 -6,625.39 -6,088.40
Reserves 4,734.32 -6,827.89 -6,290.91
Amount in ₹ Lakhs

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