On Door Concepts Limited
listed
₹1.25LMin. investment
On Door Concepts Limited IPO Details
Issue size
₹31.18Cr
IPO type
SME
Price range
₹208 – ₹208
Listing date
1 Nov 2023
Lot size
600 shares
RHP/DRHP
Read
Price range₹208 – ₹208
IPO type
SME
Lot size600 shares
Issue size₹31.18Cr
RHP/DRHP
Read
On Door Concepts Limited Timeline
- Bid start23 Oct 2023
- Bid end27 Oct 2023
- Allotment25 Oct 2023
- Release of funds2 Nov 2023
- Demat transfer1 Nov 2023
- Listing1 Nov 2023
About On Door Concepts Limited IPO :
Incorporated in December 2014, On door concepts is a fast-upcoming regional omni-channel retailer of groceries and household essentials. 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.
Ondoor has a full stack of online business, which starts from android and iOS applications (Ondoor – Online Grocery Shoppi), web portal (www.ondoor.com), a telephone ordering system and a complete backend logistics to retrieve, pack and deliver the order at the customers’ doorstep.
The company’s business strategy and approach is to bring modern trade benefits to the rural and small-town customers & Omni-channel and convenient purchase experience to urban consumers.
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 and rest are operated through the franchisee. The rest of the 38 stores are operated through the franchisee model.
On Door Concepts Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives:
- Augmenting additional working capital requirements
- General Corporate Purpose
Here are key details about the On Door Concepts Limited IPO :
| Company Name | On Door Concepts Limited | Company Type | Private | |
|---|---|---|---|---|
| IPO Type | SME |
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On Door Concepts Limited Contact Details
Company NameOn Door Concepts Limited
How to apply for On Door Concepts Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.