Arvind and Company Shipping Agencies IPO vs On Door Concepts IPO

Comparision between Arvind and Company Shipping Agencies IPO and On Door Concepts IPO.

IPO Details

Arvind and Company Shipping Agencies IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while On Door Concepts IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Arvind and Company Shipping Agencies IPO	On Door Concepts 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	Beeline Capital Advisors Pvt Ltd	First Overseas Capital Limited
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Spread X 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 Arvind and Company Shipping Agencies IPO is up to ₹14.74 Cr whereas the issue size of the On Door Concepts IPO is up to ₹31.18 Cr. The final issue price of Arvind and Company Shipping Agencies IPO is ₹45.00 per share and of On Door Concepts IPO is ₹208.00 per share.

	Arvind and Company Shipping Agencies IPO	On Door Concepts IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹45.00 per share	₹208.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	600 shares
Fresh Issue Size	32,76,000 shares	14,98,800 shares
Fresh Issue Size (Amount)	up to ₹14.74 Cr	up to ₹31.18 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,76,000 shares	14,98,800 shares
Issue Size Total (Amount)	up to ₹14.74 Cr	up to ₹31.18 Cr

IPO Timetable

Arvind and Company Shipping Agencies IPO opens on Oct 12, 2023, while On Door Concepts IPO opens on Oct 23, 2023. The closing date of Arvind and Company Shipping Agencies IPO and On Door Concepts IPO is Oct 16, 2023, and Oct 27, 2023, respectively.

	Arvind and Company Shipping Agencies IPO	On Door Concepts IPO
Anchor Bid Date
Issue Open	Oct 12, 2023	Oct 23, 2023
Issue Close	Oct 16, 2023	Oct 27, 2023
Basis Of Allotment (Tentative)	Oct 19, 2023	Oct 31, 2023
Initiation of Refunds (Tentative)	Oct 20, 2023	Nov 01, 2023
Credit of Share (Tentative)	Oct 23, 2023	Nov 01, 2023
Listing date (Tentative)	Oct 25, 2023	Nov 01, 2023
Anchor Lockin End date 1	Nov 18, 2023	Nov 30, 2023
Anchor Lockin End date 2	Jan 17, 2024	Jan 29, 2024

Financials

Arvind and Company Shipping Agencies IPO P/E ratio is 9.74, as compared to On Door Concepts IPO P/E ratio of 4.56.

Arvind and Company Shipping Agencies IPO

On Door Concepts IPO

Financial

Arvind and Company Shipping Agency Limited Financial Information (Restated Standalone)

Arvind and Company Shipping Agency Limited's revenue increased by 153.77% and profit after tax (PAT) rose by 246.15% 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	3,381.18	1,860.94	578.46
Revenue	841.10	331.44	52.51
Profit After Tax	347.12	100.28	23.75
Net Worth	914.05	566.92	467.61
Reserves and Surplus	913.05	565.92	466.61
Total Borrowing	2,232.21	1,221.04	105.84
Amount in ₹ Lakhs

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

Promoter Shareholding (Pre-Issue)

100%

51.92%

Promoter Shareholding (Post-Issue)

73%

38.14%

P/E Ratio

9.74

4.56

Market Cap

₹54.62 Cr.

₹117.49 Cr.

ROE

46.88%%

25.51%%

ROCE

37.44%%

50.90%%

Debt/Equity

2.44

EPS

₹4.62

₹56.77

RoNW

46.88%%

25.51%%

Shares Offered

In the Arvind and Company Shipping Agencies IPO retail investors (RII) are offered 15,54,000 shares while in On Door Concepts IPO retail investors are offered 15,54,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Arvind and Company Shipping Agencies IPO and 0 shares in On Door Concepts IPO.

	Arvind and Company Shipping Agencies IPO	On Door Concepts IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,68,000 shares	86,400 shares
QIB	0 shares	0 shares
NII	15,54,000 shares	7,06,200 shares
RII	15,54,000 shares	7,06,200 shares
Employee	0 shares	0 shares
Others
Total	31,08,000 shares	14,12,400 shares

Bids Received (Subscription)

Arvind and Company Shipping Agencies IPO subscribed 385.03x in total, whereas On Door Concepts IPO subscribed 5.59x.

	Arvind and Company Shipping Agencies IPO	On Door Concepts IPO
QIB (times)
NII (times)	436.05x	3.16x
Big NII (times)
Small NII (times)
RII (times)	321.97x	7.87x
Employee (times)
Other (times)
Total (times)	385.03x	5.59x

Compare with others

Arvind and Company Shipping Agencies IPO	On Door Concepts IPO
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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
WomanCart 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

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