On Door Concepts Limited IPO Review & Recommendations
Get Real-Time Updates on stock market trends and news
Get updates on stock market, Stock related news, Algo Trading, learn profitable strategies.
Join WhatsApp ChannelOn Door Concepts Limited IPO
On Door Concepts Limited IPO Review
Ondoor is quickly emerging as a local one-stop shop for groceries and household necessities. Being among the pioneers in the supermarket business, they provide the ease of shopping at neighborhood stores or getting items delivered right to your doorstep through online orders. Their stores efficiently fulfill online orders using their local shelves.
Basically, on door concepts limited ipo stores come in the form of neighborhood convenience stores, sized from 200 sq. ft. to 3500 sq. ft. This size depends on how many people in the area shop, the available retail space, the store's layout, the number of online orders, and the range of products needed. When you place an online order, the store handles it entirely using its own stock. Technology keeps an eye on the inventory in real time to make sure everything runs smoothly. on door concepts private limited think that training their team makes their work and service better. It also makes their employees happy to stay with us and creates a strong company vibe. Their in-house training covers things like how to take care of customers, set fair prices, run their stores and online deliveries, and deal with any problems customers might have, like returning or exchanging products.
On Door Concepts Limited Products and Services
One Door Concepts Limited Products and services are Foods, they sell a lot of things that people need every day: basics, groceries, fruits and veggies, snacks, frozen and dairy items, drinks, and sweets. These things make up most of what they sell, their store has all the stuff you use every day: essentials, groceries, fresh fruits and veggies, snacks, frozen and dairy goodies, drinks, and sweet treats. That's pretty much what most people buy from us, they also have general stuff like dishes, kitchen tools, plastic things, and items for religious ceremonies.
They're aiming to grow their stores in the western, northern, and central parts of India, and they're looking to reach some areas in the south too in the next few years. They're doing this by focusing on clusters of locations. When they find a good place to set up shop in a location take a close look at it and figure out if it makes sense to open a new store there.
Financial Overview
The company didn't make money in 2021 and 2022, but it still shows losses on the books. They got some extra money from selling shares, which made their balance sheet look better. Looking at how much they're expected to earn in 2024, it seems like they're asking for a lot of money for their shares. The bosses say things will get better in the future now that they don't owe any money. If you know a lot about this stuff or have extra cash, you might want to invest for the long haul.
0 comments