Ondoor Concepts IPO description – Incorporated in 2014, Ondoor Concepts is a fast-upcoming regional omni-channel retailer of groceries and household essentials. The company has the advantage of being one of the early entrants in the supermarket industry to offer the convenience of both the colony stores as well as hyperlocal home delivery through online orders, most of its stores in the respective areas fulfill the online orders from their respective shelves.
Ondoor opened its first store in Bhopal, Madhya Pradesh in January 2015. As of 31 March 2023, the company operates 55 stores in the cities of Madhya Pradesh. The contribution of private labels to its total sales constitutes 16.85%, 15.33%, and 13.35% for FY 2023, FY 2022, and FY 2021, respectively.
Ondoor classified the products under the following categories:
- Foods: This category includes staples, groceries, fruits & vegetables, snacks & processed foods, dairy & frozen products, beverages, and confectionery. This category constituted the majority of its total sales.
- 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.
Promoters of Ondoor Concepts – NSB BPO Solutions Private Limited, Mr. Narendra Singh Bapna, Mr. Pramod Ramdas Ingle, Mrs. Swati Bapna, and Mrs. Vaishali Ingle
Table of Contents
Ondoor Concepts IPO Details
| Ondoor Concepts IPO Dates | 23 – 27 October 2023 |
| Ondoor Concepts Issue Price | INR 208 per share |
| Fresh issue | 14,98,800 shares (INR 31.18 crore) |
| Offer For Sale | Nil |
| Total IPO size | 14,98,800 shares (INR 31.18 crore) |
| Minimum bid (lot size) | 600 shares (INR 124,800) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Ondoor Concepts Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 5M FY 2024 |
| Revenue | 182.65 | 173.14 | 180.15 | 70.26 |
| Expenses | 181.91 | 171.75 | 176.12 | 68.03 |
| Net income | (5.23) | (5.37) | 13.06 | 0.56 |
Ondoor Concepts Offer News
- Ondoor Concepts RHP
- Ondoor Concepts Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Ondoor Concepts Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (27.75) | (28.47) | 56.77 |
| PE ratio | – | – | 4.56 |
| RONW (%) | 8.60 | 8.10 | 25.51 |
| NAV | – | – | 132.50 |
| ROCE (%) | (5.64) | (10.49) | 50.90 |
| EBITDA (%) | 0.63 | 0.91 | 2.24 |
| Debt/Equity | 1.84 | 1.69 | NA |
Ondoor Concepts IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 31 October 2023 | 10 | – | 5,000 |
| 30 October 2023 | 12 | – | 5,000 |
| 28 October 2023 | 12 | – | 5,000 |
| 27 October 2023 | 15 | – | 7,000 |
| 26 October 2023 | 15 | – | 7,000 |
| 25 October 2023 | 18 | – | 7,500 |
| 23 October 2023 | 30 | – | 13,500 |
| 20 October 2023 | 30 | – | 13,500 |
| 19 October 2023 | 28 | – | 13,000 |
| 18 October 2023 | 25 | – | 12,000 |
| 17 October 2023 | 28 | – | 12,000 |
Ondoor Concepts IPO Subscription – Live Updates
| Category | NII | Retail | Total |
|---|---|---|---|
| Shares Offered | 792,600 | 706,200 | 1,498,800 |
| 27 Oct 2023 | 2.92 | 7.87 | 5.25 |
| 26 Oct 2023 | 1.52 | 5.43 | 3.36 |
| 25 Oct 2023 | 1.16 | 4.28 | 2.63 |
| 23 Oct 2023 | 0.33 | 1.48 | 0.87 |
Ondoor Concepts Offer Lead Manager
FIRST OVERSEAS CAPITAL LIMITED
1-2 Bhupen Chambers, Dalal Street, Fountain,
Mumbai – 400 001, Maharashtra, India
Phone: +91 22 4050 9999
Email:Â [email protected]
Website:Â www.focl.in
Ondoor Concepts Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Ondoor Concepts Contact Details
ON DOOR CONCEPTS LIMITED
Phoenix Corporate Park, First Floor, Opp. Vrindavan Garden,
Hoshangabad Road Bhopal, Madhya Pradesh, India, 462026
Phone: +91 755 3511480
E-mail: [email protected]
Website: www.ondoor.com
Ondoor Concepts IPO Allotment Status
Ondoor Concepts IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Ondoor Concepts IPO Dates & Listing Performance
| IPO Opening Date | 23 October 2023 |
| IPO Closing Date | 27 October 2023 |
| Finalization of Basis of Allotment | 30 October 2023 |
| Initiation of refunds | 2 November 2023 |
| Transfer of shares to demat accounts | 3 November 2023 |
| IPO Listing Date | 6 November 2023 |
| Opening Price on NSE SME | INR 214 per share (up 2.88%) |
| Closing Price on NSE SME | INR 203.4 per share (down 2.21%) |
IPO FAQs
What is the Ondoor Concepts offer size?
Ondoor Concepts offer size is INR 31.18 crores.
What is the Ondoor Concepts offer price band?
Ondoor Concepts public offer price is INR 208 per share.
What is the lot size of the Ondoor Concepts IPO?
Ondoor Concepts offer lot size is 600 shares.
What is Ondoor Concepts IPO GMP today?
Ondoor Concepts IPO GMP today is INR 10 per share.
What is the Ondoor Concepts kostak rate today?
Ondoor Concepts kostak rate today is INR NA per application.
What is Ondoor Concepts Subject to Sauda rate today?
Ondoor Concepts Subject to Sauda rate today is INR 5,000 per application.
