• NSE
Partner with US Open an Demat Account EIPO Portfolio Tracker Watsapp Play Store App Store

News Details

13/10/2023 17:40

On Door Concepts announces launch of initial public offering

On Door Concepts Ltd. has announced public offering of 1498800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 198.00 per share. The gross proceeds of the issue are expected to be Rs 3,117.50 lakhs.

The company's initial public offer (IPO) will open on 23 October 2023 and is expected to close on 27 October 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 1498800 Equity Shares of the Company at an price of Rs 208.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

On Door Concepts Ltd. anticipates using the proceeds of the issue for .

FIRST OVERSEAS CAPITAL LIMITED as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.