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 their stores in the respective areas fulfill the on-line orders from their respective shelves.
They opened their first store in Bhopal, Madhya Pradesh in January 2015. As of March 31, 2023, the company operates 55 stores in the cities of Madhya Pradesh. Out of 55 stores, the company-owned and company-operated (COCO) stores are 17 and the rest are operated through the franchisee model.
On average, Their stores are in the format of colony convenience stores ranging from size of 200 sq. ft. to 3500 sq. ft. depending upon the sales potential in the respective area, availability & layout of retail space of the area, number of online orders to be fulfilled from that store and assortment required for the catchment area of the store. The online orders that get allocated to the store get fulfilled completely by the store inventory. This is controlled by the use of technology that has real-time visibility of the store inventory. The products shown to the consumers on their website and mobile app (Ondoor – Online Grocery Shoppi) are only those products, which are available in the store mapped to their delivery location.
Objects of the Issue:
- Augmenting additional working capital requirements
- General Corporate Purpose
Ondoor Concepts IPO Review
- May Apply
Ondoor Concepts IPO Date & Price Band Details
IPO Open: | October 23, 2023 |
IPO Close: | October 27, 2023 |
IPO Size: | Approx ₹31.18 Crores, 14,98,800 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹208 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 50% of the net offer |
NII Quota: | 50% of the net offer |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
Ondoor Concepts IPO Market Lot
The Ondoor Concepts IPO minimum market lot is 600 shares with a ₹124,800 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 600 | ₹124,800 |
Retail Maximum | 1 | 600 | ₹124,800 |
S-HNI Minimum | 2 | 1200 | ₹249,600 |
Ondoor Concepts IPO Dates
The Ondoor Concepts IPO date is October 23 and the IPO close date is October 27. The IPO allotment date is October 30 and the IPO might list on November 1.
IPO Open Date: | October 23, 2023 |
IPO Close Date: | October 27, 2023 |
Basis of Allotment: | October 30, 2023 |
Refunds: | October 30, 2023 |
Credit to Demat Account: | October 30, 2023 |
IPO Listing Date: | November 1, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Ondoor Concepts IPO Form
How to apply Ondoor Concepts IPO? You can apply Ondoor Concepts IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ondoor Concepts IPO in the Invest section. The other option you can apply Ondoor Concepts IPO via IPO forms download via the NSE website. Check out the Ondoor Concepts forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Ondoor Concepts Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹183.06 | ₹181.91 | ₹5.23 |
2022 | ₹173.33 | ₹171.75 | ₹5.37 |
2023 | ₹180.15 | ₹176.12 | ₹0.06 |
2024 5M | ₹70.26 | ₹68.03 | ₹0.56 |
Ondoor Concepts IPO Valuation – FY2023
Check Ondoor Concepts IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹56.77 per Equity Share |
Price/Earning P/E Ratio: | NA |
Return on Net Worth (RoNW): | 25.51% |
Net Asset Value (NAV): | ₹132.50 per Equity Share |
Peer Group
- Osia Hyper Retail
Company Promoters
- NSB BPO Solutions Private Limited
- Mr. Narendra Singh Bapna
- Mr. Pramod Ramdas Ingle
- Mrs. Swati Bapna
- Mrs. Vaishali Ingle
Ondoor Concepts IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Ondoor Concepts IPO Allotment Status
Check Ondoor Concepts IPO allotment status on Bigshare website URL. Click Here
Ondoor Concepts IPO Lead Managers aka Merchant Bankers
- First Overseas Capital Limited
Company Address
Ondoor Concepts Limited
Phoenix Corporate Park, First Floor,
Opp. Vrindawan Garden,
Hoshangabad Road Bhopal, 462026
Phone: +91 755 3511480
Email: cs@ondoor.com
Website: http://www.ondoor.com/
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