On Door Concepts (NSE SME)
October 23, 2023 – October 27, 2023
| Price | ₹208 - ₹208 |
| Premium | ₹15 |
|---|---|
| Lot size | 600 |
| Allotment | Oct 30, 2023 |
| Listing | Nov 1, 2023 |
On Door Concepts Limited
Phoenix Corporate Park, First Floor,
Opp. Vrindawan Garden,
Hoshangabad Road Bhopal, 462026
Phone: +91 755 3511480
Email: cs@ondoor.com
Website: http://www.ondoor.com/
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 | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 600 | 124800 | 1177 |
| HNI | 2 | 1200 | 249600 | 1177 |
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:-
- 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.
- Ondoor follows the policy of "Everyday Low Price" to give a convenient shopping experience to its target customer base.
- 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 |
| Borrowing | |||
| Amount in ₹ Lakhs | |||