On Door Concepts Limited IPO Message Board (Page 2)

0/4

1/4 retail

ALLOTMENT OUT

Allotment is out today

Its might be a dark horse .Its management present in BEW,Vaidya sane ,Ducol

Pura horse Ghar le jao..ye people are Independent director not the company management

Yup ... .most of the people are already holding good positions in their respective biz... so they come as independent ones to advise and give expert guidance... u can see many biggies like anand mahindra holdin independent director in companies...its good only

applied one retail lot here.. consider 5-10% in both side.

No allotment here

Applied to get one confirm lot.
IRM today also closed below issue price. Very poor show.

AVOIDING

On door's technology partner is tekzee which also provides for airtel jio paytm citi bank 99 acres to name a few.
More than 1 lakh downloads and 16000 plus google revs with 4.2 stars.
I know data flow in not convincing but its a legit business.
Average order value and turnaround time seems fine.

Post covid these businesses saw exponential growth and of M&A activities happening.
Company has good order flow in Indore being its base.
Valuations are high and with the money if utilized wisely they can be no 2 or 3 player in Indore and surrounding areas.I am nibbling for some lots hope for the best

I m avoiding it.

what about blue jet ?

Avoid without second thoughts.

Not applying, did not like this issue and the market mood is also not good..

Applied one for fun.

Yess...Alloted.

@KPCT- which broker for HUF account?
I am also looking to create a HUF demat account (already have PAN and Bank account). Zerodha process for HUF is offline and also charging more.

"On Door" kick you "Out of Door"
if list negative. :D

Earlier it was an Avoid candidate, but now it's A BIG AVOID

​@Noobie'  One right question and Demon disappear.

To me this IPO doesn't look impressive.

With brands like reliance retail, dmart, jiomart, etc. it will be hard for it to survive.
Also, post IPO, promoter's holding would reduce to ~39%. So, they hardly own the company. To me this is a risk, esp. when it is SME.

I am not interested in this unless something magical happens with subscription on last day.

comparison of 3 sme IPO - On Door, Shanthala FMCG, Maitreya Medicare

Great work.. It helps. Thank you.

thanks for nice Comparision

Can someone explain to me how is Vallabh Bhansali ok with the IPO price of 208 per share when just a few month back in July he paid 259 per share?? Just want to list at Any cost.... cancelled NCD just for the listing....

Something is cooking up/brewing in this company.... pray for retail investors....

Retail oversubscribed on Day 1.

Doesn't even have anchor investor yet...that too on the day of market mayhem.

What is more left to see in bull market? LOL.

Bad the IPO more the subscription. One day this bubble will burst for sure... every bubble does.