Business Standard

On Door Concepts Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

31.18 cr

Price Range (₹)

208

Lot Size

600

Min Investment (₹)

1,24,800.00

Listing Exchange

NSE - SME

Open Date

23-Oct-2023

Close Date

27-Oct-2023

Listing Date

01-Nov-2023

On Door Concepts Ltd News

    The Shares of On Door Concepts Ltd have now been listed.

    On Door Concepts Ltd IPO Details

    Public issue of 14,98,800 (1) equity shares of face value of Rs. 10.00 each of On Door Concepts Limited (The Company or The Issuer) for cash at a price of Rs. 208.00 per equity share (including a share premium of Rs. 198.00 per equity share) (Issue Price) aggregating to Rs. 31.18 crores (The Issue). Of the issue, 86,400 equity shares aggregating to Rs. 1.80 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 14,12,400 (1) equity shares of face value of Rs. 10.00 each at an issue price of Rs. 208.00 per equity share aggregating to Rs. 29.38 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.53% and 25.00%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 208.00 is 20.8 times of the face value.(1)The company in consultation with lead manager to the issue has completed a pre-ipo placement of 2,85,200 equity shares at the issue price of Rs. 259/- per share aggregating to Rs. 7.39 crores. The size of the fresh issue of equity shares has been reduced pursuant to the pre-ipo placement.

    Objective of issue

    Augmenting aditional working capital requirements. General corporate purposes.

    On Door Concepts Ltd Contact Details

    On Door Concepts Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@ondoor.com

    Website - www.ondoor.com