About On Door Concepts Limited
On Door Concepts is launching its IPO. The opens for subscription on 23rd October and will close on 27th October.
Disclaimer: This stock will trade with a lot size of 600 shares in the SME segment on listing.
What does On Door Concepts Limited do?
Incorporated in 2014, Ondoor Concepts is a retailer of groceries and household essentials. The products shown to the consumers on their website (www.ondoor.com) and mobile app (Ondoor – Online Grocery Shoppi) are only those products, that are available in the store mapped to their delivery location.
Opening 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.
Their products can be categorized under the following types:
- Foods: This category includes staples, groceries, fruits & vegetables, snacks & processed foods, dairy & frozen products, beverages, and confectionery.
- 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.
Schedule/Timeline of On Door Concepts Ltd IPO
| Issue Period | 23rd October to 27th October 2023 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | 1st November 2023 |
| Initiation of Refunds | 2nd November 2023 |
| Credit of Shares | 3rd November 2023 |
| Date of Listing | 6th November 2023 |
| Mandate end date | 11th November 2023 |
| Anchor Investors Lock-In End Date | 26th November 2023 |
How to apply to the On Door Concepts Limited IPO?
You can apply for the On Door Concepts IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for On Door Concepts Limited IPO?
You can check the allotment status for the On Door Concepts Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.