On Door Concepts Limited IPO (On Door Concepts IPO)

On Door Concepts Limited IPO
Upcoming On Door Concepts IPO | New On Door Concepts IPO

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 products shown to the consumers on company’s website www.ondoor.com and mobile app (Ondoor – Online Grocery Shoppi) are only those products, which are available in the store mapped to their delivery location.

The company deals in the following product categories:

  • Foods: This category includes staples, groceries, fruits & vegetables, snacks & processed foods, dairy & frozen products, beverages and confectionery.
  • Non-Foods (FMCG): This category includes home care products, personal care and toiletries and other over the counter products.
  • General Merchandise: This category includes crockery, utensils, plastic goods, pooja items etc.
On Door Concepts IPO

On Door Concepts IPO – Details

IPO Opening Date23 October 2023
IPO Closing Date27 October 2023
Issue TypeFixed Price Issue IPO
Issue Size14,98,800 Shares Worth ₹31.38 Crore
Fresh Issue: 14,98,800 Shares Worth ₹31.38 Crore
Face Value₹10 per equity share
IPO Price₹208
Market Lot600 Shares
Min Order600 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
Other Shares Offered50%
Retail Shares Offered50%

On Door Concepts IPO – Date Schedule

IPO Open Date23 October 2023
IPO Close Date27 October 2023
Basis of Allotment01 November 2023
Initiation of Refund02 November 2023
Credit of Shares to Demat Account03 November 2023
IPO Listing Date06 November 2023
Cut-off time for UPI mandate confirmation5 PM on Oct 27, 2023

On Door Concepts IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)16001,24,800
Retail (Maximum)16001,24,800
HNI (Minimum)212002,49,600

Competitive Strengths

  • 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.

Company Promoters

  • NSB BPO Solutions Private Limited
  • Mr. Narendra Singh Bapna
  • Mr. Pramod Ramdas Ingle
  • Mrs. Swati Bapna
  • Mrs. Vaishali Ingle

Object Of The Issue

  • Augmenting additional working capital requirements.
  • General Corporate Purposes.
  • Issue Related Expenses.
On Door Concepts IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 2021183.06181.91-5.23
31 March 2022173.33171.75-5.37
31 March 2023180.15176.120.06
Amount in ₹ Crore

Key Performance Indicator

P/E (x)4.56
Market Cap (₹ Cr.)117.49
EPS (Rs)56.77

On Door Concepts IPO Promoter Holding

Pre Issue Share Holding51.92%
Post Issue Share Holding38.14%

On Door Concepts IPO Prospectus

Company Contact Information

On Door Concepts Limited

Phoenix Corporate Park, First Floor,
Opp. Vrindawan Garden,
Hoshangabad Road Bhopal, 462026

Phone: +91 755 3511480
Email: cs@ondoor.com

On Door Concepts IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

On Door Concepts IPO Lead Manager(s)

1. First Overseas Capital Limited

On Door Concepts IPO FAQs

On Door Concepts IPO FAQs
What is On Door Concepts IPO?

On Door Concepts IPO is a SME IPO. The issue is priced at ₹208 per equity share. The IPO is to be listed on NSE SME.
When On Door Concepts IPO will open?

The IPO is to open on  23 October 2023 for Other – 50% and Retail – 50% Investors.
How to On Door Concepts IPO?

You can apply On Door Concepts IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the On Door Concepts IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “On Door Concepts”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the On Door Concepts IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “On Door Concepts”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is On Door Concepts IPO Size?

On Door Concepts IPO size is ₹31.18 crores.
What is On Door Concepts IPO Price Band?

On Door Concepts IPO Price Band is ₹208.
What is On Door Concepts IPO Minimum and Maximum Lot Size?

The minimum bid is 600 Shares with ₹1,24,800 amount while the maximum bid is 600 shares with ₹1,24,800.
What is the On Door Concepts IPO Allotment Date?

On Door Concepts IPO allotment date is  01 November 2023.
What is the On Door Concepts IPO Listing Date?

On Door Concepts IPO listing date is 06 November 2023. The IPO is to list on NSE SME.
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