On Door Concepts Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹15(7.21%)
Premium (ELP)
On Door Concepts Limited's successfully completed its Initial Public Offering and commenced trading on Nov 01, 2023 at the NSE exchange. The company raised 14,98,800 Shares through this public offering, comprising 14,98,800 Shares in fresh capital.
The IPO was priced within the band of ₹208 to ₹208, with minimum application lots of 600 shares. The offering attracted significant investor interest during its subscription period from Oct 23, 2023 to Oct 27, 2023.
Share allotment was finalized on Oct 30, 2023, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in December 2014, Ondoor Concepts is an e-commerce and retail company specializing in grocery and home essentials. The company opened its first store in Bhopal, Madhya Pradesh in January 2015, and as of March 31, 2023, it operates 55 stores across the state, with 17 company-owned and 38 franchisee-operated outlets. Ondoor Concepts offers products across three main categories: food, including groceries, fruits and vegetables, dairy, beverages, and confectionery; FMCG, covering personal care, toiletries, and other over-the-counter products; and general merchandise, such as crockery, plastics, and daily necessities.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Omnichannel E-tailing: Operates via Android & iOS apps, web portal, and telephonic orders, supported by robust logistics for doorstep delivery.
- Everyday Low Price Policy: Ensures consistent affordability, enhancing convenience and trust for the target customer base.
- Broad Product Range at Reasonable Prices: Offers competitive pricing across all categories without relying on limited-time promotions.
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- NSB BPO Solutions Private Limited
- Mr. Narendra Singh Bapna
- Mr. Pramod Ramdas Ingle
- Mrs. Swati Bapna
- Mrs. Vaishali Ingle
On Door Concepts Limited
Bigshare Services Private Limited