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On Door Concepts IPO Dates, Price band, Review & allotment Details 2023

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On Door Concepts is set to launch an IPO which will open on October 23, 2023, and close on October 27, 2023. Through this public offer company wants to raise Rs. 31.18 Crore from the primary market, Company fixed the price band of Rs. 208 with a minimum lot of 600 shares, and list on November 06, according to the preliminary papers filed to the capital market regulator SEBI.

About On Door Concepts Company

On Door Concepts is engaged in the business of regional retailers of groceries and household items. The company operate in two model, first colony stores and second hyperlocal home delivery through online orders. The colony stores are in the format of colony convenience from small to mid-size depending on the sales potential in the area. As of March 2023, the company has more than 50 stores in the state of Madhya Pradesh.

Check out the IPO allotment status on IPO Deliver.

On Door Concepts IPO Object

The company intends to use the IPO Funds for the below-mentioned purposes:

  1. Working capital requirement of the company.
  2. General corporate purposes and offer expenses.

On Door Concepts Strength

  1. On door’s E-tailing business
  2. Franchisee Model
  3. Well-defined target customer base
  4. Focus on reasonable price

On Door Concepts Risk Factor

  1. History of net losses
  2. Required high working capital for the business
  3. Unable to enter into the long term lease arrangement
  4. Inability to manage inventory effectively.
  5. Limited to the specific state only.

On Door Concepts IPO Review & Rating

Issue Size (Rs.) 31.18 crore
Issue Price (Rs.) 208 per share
Minimum Lot Size 600 shares
Market Capitalization (Rs.) N/A
Total Profit (March 2023) (Rs.) 1.3 crore
RoCE (%) 50.90%
Debt/Equity ratio N/A
NAV (Rs.) 132.50 per share
Listing on NSE Emerge (SME)
IPO Deliver Rating Avoid

 

On Door Concepts IPO Dates, Price Band & Details

On Door Concepts IPO will open on October 23, 2023, and close on October 27, 2023. The IPO list on November 06, 2023.  

Type of issue Fixed Price IPO
Issue Size (Rs.) 31.18 Crore
Face Value (Rs.) 10/- per share
IPO Open Date October 23, 2023
IPO Close Date October 27, 2023
IPO Allotment Date November 01, 2023
Refund Date November 02, 2023
Share Credit Date November 03, 2023
Listing Date November 06, 2023

 

On Door Concepts IPO Offer

On Door Concepts IPO total issue size is 14,98,800 shares which comprises below mentioned categories.

Offer Category Shares Offer Amount (Rs.)
Fresh Issue 14,98,800 31.18 Crore
Offer for Sale (OFS)

 

On Door Concepts Financials Review (Lakhs)

The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.

Category (Rs.) March 31, 2023 March 31, 2022 March 31, 2021
Total Revenue 18,014.52 17,333.09 18,306.18
Net Worth 5,120.78 (6,625.38) (6,088.44)
Profit 1,360.17 (536.98) (523.44)
Total Borrowings 117.50

 

On Door Concepts IPO Quantitative Factors

The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.

Category March 31, 2023 March 31, 2022 March 31, 2021
EPS (Rs.) 56.77 (28.47) (27.75)
RoNW (%) 25.51 8.10 8.60
NAV (Rs.) 132.50 (351.21) (322.74)

 

On Door Concepts IPO Peers Comparison (Top 2)

Comparison with the other same segment listed companies in India.

Company Names EPS (Rs.) RoNW (%) NAV (Rs.)
Osia Hyper Retail 0.92 8.41 10.95

 

On Door Concepts Company Promoters

As per the DRHP and RHP, the company has five Promoter.  

Serial No. Name
01. N S Bapna
02. P R Ingle
03. V P Ingle
04. Swati Bapna
05. NSB BPO Solutions Pvt. Ltd.

 

On Door Concepts Pre-offer and Post-Offer Promoters Shareholding

Promoter and promoter group Shareholding Percentage (%)
Pre-Issue 51.92
Post- Issue 38.14

.

On Door Concepts IPO Reservation

On Door Concepts IPO total reservation of 14,98,800 shares, distributed between the below-mentioned categories.

Category No. of Shares
RII- Not more than 50% of the offer size 7,06,200
NII-Not less than 50% of the offer size 7,06,200
Market Makers Reservation 86,400

 

On Door Concepts IPO – Market Lot Size

An individual investor can apply for a minimum of 1 lot of 600 Shares and a maximum of 1 lot of 600 shares. Market lot sizes for retail investors are as follows:

Application Lot Size No. of Shares Amount (Rs.)
Retail Minimum 1 600 1,24,800
Retail Maximum 1 600 1,24,800

 

On Door Concepts IPO – Prospectus

An investor can download/view the On Door Concepts Limited prospectus copy, which was filed by the company to SEBI, details are as follows.

On Door Concepts IPO Prospectus Download/View Links
Draft Red Herring Prospectus (DRHP) Click here
Red Herring Prospectus (RHP) Click here

 

On Door Concepts IPO Registrar

Bigshare Services Private Limited

Tel No.: 022-62638200

E-Mail: ipo@bigshareonline.com

Website: www.bigshareonline.com

On Door Concepts IPO lead manager

First Overseas Capital Limited

Tel No.: +91 224050 9999

E-Mail: mb@focl.in

Website: www.focl.in

On Door Concepts IPO Application (How to Apply for an IPO)

There are primary four options for applying for a On Door Concepts IPO, details are as follows:

Option-1 Apply for IPO through Internet Banking

Step-1. Log into your bank account.

Step-2. In the invest Tab, you will see ASBA, click on it.

Step-3. Choose to apply for IPO and select the ongoing IPO “On Door Concepts Limited

Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.

Step-5. After the above steps, the respective amount will get blocked till the allotment date and after it will get a refund/debited in case of rejection/allotment respectively.

Option-2 Apply for IPO through a Broker firm

Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)

Step-2. Click on the IPO tab and select the ongoing IPO “On Door Concepts Limited

Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.

Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your account or get refunded in case no allotment is made to you.

Option-3 Apply for IPO Offline Mode Bank mode

Step-1. Visit the nearest branch of your bank.

Step-2. Fill out the ASBA form and submit it with KYC details.

Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your bank account or refunded in case no allotment is made to you.

Option – 4 Apply for IPO through Stock Exchanges

NSE Form – Click to download

BSE Form – Click to download

Submit the form with your bank/broker.

On Door Concepts Company Details

On Door Concepts Limited (2014)

Registered Office: Phoenix Corporate Park, First Floor, Opp. Vrindawan Garden, Hoshangabad Road, Bhopal -462026

Tel: +91-7553511480

Email: cs@ondoor.com

Website: www.ondoor.com

Investor Grievances/Compliance Officer: Vaishali Bakliwal

On Door Concepts Subsidiary Companies (Top 2)

Serial No. Name of Companies
01.
02.

 

On Door Concepts Company Board (Top 2)

Serial No. Name of Directors
01. Narendra Singh Bapna
02. Pramod Ramdas Ingle

 

On Door Concepts IPO – Frequently Asked Questions (FAQ’s)

Q-1 What is On Door Concepts IPO?

Ans: On Door Concepts brings its SME IPO of Rs. 31.18 crore, on October 23, 2023, with a price band of Rs. 208 per share.

Q-2 what is On Door Concepts IPO Open date?

Ans: On Door Concepts IPO opening date is October 23, 2023.

Q-3 what is On Door Concepts IPO Close date?

Ans: On Door Concepts IPO closing date is October 27, 2023.

Q-4 What is On Door Concepts IPO Listing date?

Ans: On Door Concepts IPO listing date is November 06, 2023.

Q-5 What is On Door Concepts IPO Minimum investment amount?

Ans: On Door Concepts IPO minimum investment amount is Rs. 1,24,800.

Q-6 What is On Door Concepts IPO offer issue Size?

Ans: On Door Concepts offer an issue size of Rs. 31.18 Crores.

Q-7 What is On Door Concepts IPO Price Band?

Ans: On Door Concepts IPO price band is Rs 208 per share.

Q-8 Is On Door Concepts IPO mainboard IPO or SME IPO?

Ans: On Door Concepts IPO is the SME IPO.

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