On Door Concepts IPO vs Shanthala FMCG Products IPO

Comparision between On Door Concepts IPO and Shanthala FMCG Products IPO.

IPO Details

On Door Concepts IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Shanthala FMCG Products IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	On Door Concepts IPO	Shanthala FMCG Products IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	First Overseas Capital Limited	First Overseas Capital Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Bhh Securities Private Limited	Bhh Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of On Door Concepts IPO is up to ₹31.18 Cr whereas the issue size of the Shanthala FMCG Products IPO is up to ₹16.07 Cr. The final issue price of On Door Concepts IPO is ₹208.00 per share and of Shanthala FMCG Products IPO is ₹91.00 per share.

	On Door Concepts IPO	Shanthala FMCG Products IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹208.00 per share	₹91.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	1200 shares
Fresh Issue Size	14,98,800 shares	17,66,400 shares
Fresh Issue Size (Amount)	up to ₹31.18 Cr	up to ₹16.07 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	14,98,800 shares	17,66,400 shares
Issue Size Total (Amount)	up to ₹31.18 Cr	up to ₹16.07 Cr

IPO Timetable

On Door Concepts IPO opens on Oct 23, 2023, while Shanthala FMCG Products IPO opens on Oct 27, 2023. The closing date of On Door Concepts IPO and Shanthala FMCG Products IPO is Oct 27, 2023, and Oct 31, 2023, respectively.

	On Door Concepts IPO	Shanthala FMCG Products IPO
Anchor Bid Date
Issue Open	Oct 23, 2023	Oct 27, 2023
Issue Close	Oct 27, 2023	Oct 31, 2023
Basis Of Allotment (Tentative)	Oct 31, 2023	Nov 03, 2023
Initiation of Refunds (Tentative)	Nov 01, 2023	Nov 06, 2023
Credit of Share (Tentative)	Nov 01, 2023	Nov 07, 2023
Listing date (Tentative)	Nov 01, 2023	Nov 03, 2023
Anchor Lockin End date 1	Nov 30, 2023	Dec 03, 2023
Anchor Lockin End date 2	Jan 29, 2024	Feb 01, 2024

Financials

On Door Concepts IPO P/E ratio is 4.56, as compared to Shanthala FMCG Products IPO P/E ratio of 25.66.

On Door Concepts IPO

Shanthala FMCG Products IPO

Financial

On Door Concepts Limited Financial Information (Restated)

On Door Concepts Limited's revenue increased by 3.93% and profit after tax (PAT) rose by 343.25% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,009.46	7,782.37	6,563.49
Revenue	18,015.02	17,333.09	18,306.01
Profit After Tax	1,306.18	-536.98	-523.44
Net Worth	5,120.78	-6,625.38	-6,088.40
Reserves and Surplus	4,734.32	-6,827.89	-6,290.91
Total Borrowing
Amount in ₹ Lakhs

Shanthala FMCG Products Limited Financial Information (Restated)

Shanthala FMCG Products Limited's revenue increased by 25.28% and profit after tax (PAT) rose by 292.26% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Aug 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	827.32	657.21	615.79	569.67
Revenue	1,585.58	4,077.25	3,254.57	3,955.67
Profit After Tax	10.15	17.73	4.52	14.41
Net Worth	549.32	143.22	125.49	120.97
Reserves and Surplus	56.15	93.22	75.49	70.97
Total Borrowing
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

51.92%

77.44

Promoter Shareholding (Post-Issue)

38.14%

57.019

P/E Ratio

4.56

25.66

Market Cap

₹117.49 Cr.

₹60.95 Cr.

ROE

25.51%%

12.38%%

ROCE

50.90%%

19%%

Debt/Equity

3.12

EPS

₹56.77

₹3.55

RoNW

25.51%%

12.38%%

Shares Offered

In the On Door Concepts IPO retail investors (RII) are offered 7,06,200 shares while in Shanthala FMCG Products IPO retail investors are offered 7,06,200 shares. Qualified institutional buyers (QIB) are offered 0 shares in On Door Concepts IPO and 0 shares in Shanthala FMCG Products IPO.

	On Door Concepts IPO	Shanthala FMCG Products IPO
Anchor Investor Reserveration
Market Maker Reserveration	86,400 shares	88,800 shares
QIB	0 shares	0 shares
NII	7,06,200 shares	8,38,800 shares
RII	7,06,200 shares	8,38,800 shares
Employee	0 shares	0 shares
Others
Total	14,12,400 shares	16,77,600 shares

Bids Received (Subscription)

On Door Concepts IPO subscribed 5.59x in total, whereas Shanthala FMCG Products IPO subscribed 3.91x.

	On Door Concepts IPO	Shanthala FMCG Products IPO
QIB (times)
NII (times)	3.16x	4.76x
Big NII (times)
Small NII (times)
RII (times)	7.87x	3.05x
Employee (times)
Other (times)
Total (times)	5.59x	3.91x

Compare with others

On Door Concepts IPO	Shanthala FMCG Products IPO
Transteel Seating Technologies IPO	Mish Designs IPO
Benchmark Computer Solutions IPO	KK Shah Hospitals IPO
Maitreya Medicare Limited IPO	Transteel Seating Technologies IPO
Shanthala FMCG Products IPO	Benchmark Computer Solutions IPO
Paragon Fine And Speciality Chemicals IPO	Maitreya Medicare Limited IPO
Arvind and Company Shipping Agencies IPO	Paragon Fine And Speciality Chemicals IPO
WomanCart IPO	On Door Concepts IPO
Vivaa Tradecom IPO	Arvind and Company Shipping Agencies IPO
Karnika Industries IPO	WomanCart IPO
City Crops Agro IPO	Vivaa Tradecom IPO

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