On Door Concepts IPO vs WomanCart IPO

Comparision between On Door Concepts IPO and WomanCart IPO.

IPO Details

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

	On Door Concepts IPO	WomanCart 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	Narnolia Financial Services Ltd
Registrar	Bigshare Services Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Bhh Securities Private Limited	Nikunj Stock Brokers 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 WomanCart IPO is up to ₹9.56 Cr. The final issue price of On Door Concepts IPO is ₹208.00 per share and of WomanCart IPO is ₹86.00 per share.

	On Door Concepts IPO	WomanCart IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹208.00 per share	₹86.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	1600 shares
Fresh Issue Size	14,98,800 shares	11,12,000 shares
Fresh Issue Size (Amount)	up to ₹31.18 Cr	up to ₹9.56 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	14,98,800 shares	11,12,000 shares
Issue Size Total (Amount)	up to ₹31.18 Cr	up to ₹9.56 Cr

IPO Timetable

On Door Concepts IPO opens on Oct 23, 2023, while WomanCart IPO opens on Oct 16, 2023. The closing date of On Door Concepts IPO and WomanCart IPO is Oct 27, 2023, and Oct 18, 2023, respectively.

	On Door Concepts IPO	WomanCart IPO
Anchor Bid Date
Issue Open	Oct 23, 2023	Oct 16, 2023
Issue Close	Oct 27, 2023	Oct 18, 2023
Basis Of Allotment (Tentative)	Oct 31, 2023	Oct 23, 2023
Initiation of Refunds (Tentative)	Nov 01, 2023	Oct 25, 2023
Credit of Share (Tentative)	Nov 01, 2023	Oct 26, 2023
Listing date (Tentative)	Nov 01, 2023	Oct 27, 2023
Anchor Lockin End date 1	Nov 30, 2023	Nov 22, 2023
Anchor Lockin End date 2	Jan 29, 2024	Jan 21, 2024

Financials

On Door Concepts IPO P/E ratio is 4.56, as compared to WomanCart IPO P/E ratio of 50.67.

On Door Concepts IPO

WomanCart 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

WomenCart Limited Financial Information (Restated Standalone)

WomenCart Limited's revenue decreased by -12.57% and profit after tax (PAT) rose by 15.62% between the financial year ending with August 31, 2023 and March 31, 2023.

Period Ended	31 Aug 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	879.25	515.09	385.41	134.96
Revenue	764.99	874.95	425.67	135.15
Profit After Tax	54.35	47.01	20.74	-17.94
Net Worth	561.08	311.13	264.12	16.38
Reserves and Surplus	251.48	200.33	153.32	-18.62
Total Borrowing	169.99	122.15	79.11	92.28
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

51.92%

78.01%

Promoter Shareholding (Post-Issue)

38.14%

57.40%

P/E Ratio

4.56

50.67

Market Cap

₹117.49 Cr.

₹36.19 Cr.

ROE

25.51%%

15.11%%

ROCE

50.90%%

17.97%%

Debt/Equity

0.1

EPS

₹56.77

₹1.70

RoNW

25.51%%

15.11%%

Shares Offered

In the On Door Concepts IPO retail investors (RII) are offered 7,06,200 shares while in WomanCart 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 WomanCart IPO.

	On Door Concepts IPO	WomanCart IPO
Anchor Investor Reserveration
Market Maker Reserveration	86,400 shares	56,000 shares
QIB	0 shares	0 shares
NII	7,06,200 shares	5,28,000 shares
RII	7,06,200 shares	5,28,000 shares
Employee	0 shares	0 shares
Others
Total	14,12,400 shares	10,56,000 shares

Bids Received (Subscription)

On Door Concepts IPO subscribed 5.59x in total, whereas WomanCart IPO subscribed 67.48x.

	On Door Concepts IPO	WomanCart IPO
QIB (times)
NII (times)	3.16x	56.30x
Big NII (times)
Small NII (times)
RII (times)	7.87x	71.94x
Employee (times)
Other (times)
Total (times)	5.59x	67.48x

Compare with others

On Door Concepts IPO	WomanCart IPO
Transteel Seating Technologies IPO	Maitreya Medicare Limited IPO
Benchmark Computer Solutions IPO	Shanthala FMCG Products IPO
Maitreya Medicare Limited IPO	Paragon Fine And Speciality Chemicals IPO
Shanthala FMCG Products IPO	On Door Concepts IPO
Paragon Fine And Speciality Chemicals IPO	Arvind and Company Shipping Agencies IPO
Arvind and Company Shipping Agencies IPO	Vivaa Tradecom IPO
WomanCart IPO	Karnika Industries IPO
Vivaa Tradecom IPO	City Crops Agro IPO
Karnika Industries IPO	Canarys Automations IPO
City Crops Agro IPO	Oneclick Logistics India IPO

Comments

Add a public comment...