On Door Concepts IPO vs Transteel Seating Technologies IPO

Comparison between On Door Concepts IPO and Transteel Seating Technologies IPO.

IPO Details

On Door Concepts IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Transteel Seating Technologies IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of On Door Concepts IPO is up to ₹29.38 Cr whereas the issue size of the Transteel Seating Technologies IPO is up to ₹44.98 Cr. The final issue price of On Door Concepts IPO is ₹208.00 per share and of Transteel Seating Technologies IPO is ₹70.00 per share.

 On Door Concepts IPOTransteel Seating Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹67.00 per share
Issue Price (Upper)₹70.00 per share
Issue Price (Final)₹208.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares2000 shares
Fresh Issue Size14,12,400 shares60,70,000 shares
Fresh Issue Size (Amount)up to ₹29.38 Crup to ₹42.49 Cr
OFS Issue Size0 shares3,56,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.49 Cr
Issue Size Total14,12,400 shares64,26,000 shares
Issue Size Total (Amount)up to ₹29.38 Crup to ₹44.98 Cr

IPO Timetable

On Door Concepts IPO opens on Oct 23, 2023, while Transteel Seating Technologies IPO opens on Oct 30, 2023. The closing date of On Door Concepts IPO and Transteel Seating Technologies IPO is Oct 27, 2023, and Nov 01, 2023, respectively.

 On Door Concepts IPOTransteel Seating Technologies IPO
Anchor Bid DateOct 27, 2023
Issue OpenOct 23, 2023Oct 30, 2023
Issue CloseOct 27, 2023Nov 01, 2023
Basis Of Allotment (Tentative)Oct 31, 2023Nov 05, 2023
Initiation of Refunds (Tentative)Nov 01, 2023Nov 05, 2023
Credit of Share (Tentative)Nov 01, 2023Nov 05, 2023
Listing date (Tentative)Nov 01, 2023Nov 06, 2023
Anchor Lockin End date 1Dec 05, 2023
Anchor Lockin End date 2Feb 03, 2024

Financials & KPIs

On Door Concepts IPO P/E ratio is 4.56, as compared to Transteel Seating Technologies IPO P/E ratio of 10.29.

 On Door Concepts IPOTransteel Seating Technologies IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets90.0977.8265.63
Total Income180.15173.33183.06
Profit After Tax13.06-5.37-5.23
NET Worth51.21-66.25-60.88
Reserves and Surplus47.34-68.28-62.91
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets100.6283.4736.0925.38
Total Income31.3359.6128.0722.88
Profit After Tax4.189.091.59-0.01
NET Worth28.6124.446.304.71
Reserves and Surplus15.2123.866.064.47
Total Borrowing38.5326.9113.279.89
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)51.9283.75
Promoter Shareholding (Post-Issue)38.1453.83
P/E Ratio4.5610.29
Market Cap₹117.49 Cr.₹141.25 Cr.
ROE25.51%37.21%
ROCE50.90%36.69%
Debt/Equity
EPS₹56.77₹6.80
RoNW25.51%37.21%

Shares Offered

In the On Door Concepts IPO Retail Individual Investors (RII) are offered 7,06,200 shares while in Transteel Seating Technologies IPO retail investors are offered 7,06,200 shares. Qualified Institutional Buyers (QIB) are offered in On Door Concepts IPO and 13,50,000 shares in Transteel Seating Technologies IPO.

 On Door Concepts IPOTransteel Seating Technologies IPO
Anchor Investor Reservation18,60,000 shares
Market Maker Reservation86,400 shares7,14,000 shares
QIB13,50,000 shares
NII7,06,200 shares9,66,000 shares
RII7,06,200 shares22,50,000 shares
Employee
Others
Total14,12,400 shares64,26,000 shares

Bids Received (Subscription)

On Door Concepts IPO subscribed 5.59x in total, whereas Transteel Seating Technologies IPO subscribed 49.21x.

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On Door Concepts IPO Vs Transteel Seating Technologies IPO