On Door Concepts Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 706,200 (47%) | — | ₹1,469 Cr |
| Retail | — | 706,200 (47%) | — | ₹1,469 Cr |
| Market Maker | — | 86,400 (6%) | — | ₹18 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹124,800 |
| Retail (Max) | 13 | 7,800 | ₹1,622,400 |
| S-HNI (Min) | 14 | 8,400 | ₹1,747,200 |
| B-HNI (Min) | 67 | 40,200 | ₹8,361,600 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Revenue | 18,015 | 17,333 | 18,306 |
| Profit After Tax | 1,306 | -537 | -523 |
| Net Worth | 5,121 | -6,625 | -6,088 |
| Total Assets | 9,009 | 7,782 | 6,563 |
| Reserves & Surplus | 4,734 | -6,828 | -6,291 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Augmenting additional working capital requirements –
- General Corporate Purpose –
Company Overview
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.