
Emerging SME Services · NSE
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.
Price Band
₹208
Issue Size
₹31.18 Cr
Lot Size
600 shares
GMP
+7.2%
Est. Listing
₹223
at current GMP
Subscribed
5.57x
overall
Open
23 Oct 2023
Close
27 Oct 2023
Allotment
30 Oct 2023
Refund
31 Oct 2023
Demat Credit
1 Nov 2023
Listing
1 Nov 2023
Designated Registrar: Bigshare Services Private Limited
Allotment Date
30 Oct 2023
Basis finalization
Refunds Initiate
31 Oct 2023
Mandate release
Demat Credit
1 Nov 2023
Shares in demat
Listing Debut
1 Nov 2023
Trading begins
On Door Concepts Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹31.18 Crores. The shares are offered at a price band of ₹208 to ₹208 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,24,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-11-01, while un-allotted funds or UPI block mandates will be released on 2023-10-31.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.