Docmode Health Technologies Limited IPO
NSE SMEListed On: Feb 2, 2024 at ₹ 190.25
₹ 126400 /1600 Shares
Check Allotment25 Jan, 2024
Open Date30 Jan, 2024
Close Date31 Jan, 2024
Allotment Date02 Feb, 2024
Listing DateIssue Price
₹79 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
190.25Listing Date
2024-02-02Market Lot
1600 Shares (₹126,400/-)Lead Manager
Fedex Securities Pvt LtdIssue Size
849,600 shares(aggregating up to ₹6.71 Cr)Retail Portion
50%Subscription
timesDocmode Health Technologies Limited IPO Details
Docmode Health Technologies Limited IPO is an SME IPO, priced at ₹79 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 8,49,600 equity shares, aggregating up to ₹6.71 crores..
The IPO bidding window is open from Jan 25, 2024 to Jan 30, 2024. The allotment is expected to be finalized on Jan 31, 2024, and the tentative listing date is Feb 2, 2024.
The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹1,26,400. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,52,800.
Fedex Securities Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Rikhav Securities Limited will act as the market maker for this issue.
Docmode Health Technologies Limited IPO Subscription Details
| As on | QIB / NII | Retail | |
|---|---|---|---|
| Shares Offered / Reserved | 403,200 | 403,200 | N/A |
| Day 1 - 25-01-24 06:00 PM | 0.60 x | 4.95 x | N/A x |
| Day 2 - 29-01-24 06:00 PM | 8.27 x | 42.04 x | N/A x |
| Day 3 - 30-01-24 06:00 PM | 195.01 x | 230.38 x | N/A x |
Docmode Health Technologies Limited Valuations
EPS Pre IPO
₹8.5/-EPS Post IPO
₹8.66/-P/E Pre IPO
9.3P/E Post IPO
9.13ROE
80.03%ROCE
22.46%Debt/Equity
2.44RoNW
56.06%Price to Book Value
4.85Docmode Health Technologies Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 1,700.88 | 1,008.36 | 567.26 |
| Revenue | 3,297.42 | 1,243.76 | 710.46 |
| Profit After Tax | 194.82 | 92.20 | 55.33 |
| Net Worth | 347.53 | 138.71 | 46.52 |
| Reserves & Surplus | 118.21 | 137.71 | 45.52 |
| Total Borrowing | 847.95 | 483.86 | 105.62 |
About The Company
Docmode Health Technologies Limited was established in 2017 and offers an integrated learning solution for healthcare professionals and learners around the world through online and offline learning models.
The offline modules include conferences and workshops, while the online modules include courses developed by the company's content development team or by medical institutions and medical associations (medical professional organizations) and experts/opinion leaders.
The company offers interprofessional, cross-sector learning opportunities through panel discussions and courses and allows users to use its performance assessment tools for enhanced clinical acumen in daily medical practice.
The company offers 87 certificate programs and has ties with over 35 medical associations and universities worldwide. Some of the services include:
DocMode LERN
DocMode SURE
DocMode KNOW
DocMode CARE
DocMode SHOP (formerly known as STORE)
The total number of employees at December 31, 2023, for the company is 66.
Docmode Health Technologies Limited - Promoter(s)
Pre Issue Share Holding: 65.02%
Post Issue Share Holding: 47.44%
- Paulson Paul Thazhathedath
- Hans Albert Lewis
Docmode Health Technologies Limited IPO - Issue Objectives
- Purchase of IT infrastructure and operating system
- Meeting incremental working capital requirements
- General corporate purposes.
Other Details
Docmode Health Technologies Limited
201, Kalpataru Plaza, Rambaug Off Chincholi Bunder Road, Malad Mumbai - 400064Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Docmode Health Technologies Limited IPO - FAQs
Ans. Docmode Health Technologies Limited IPO is a SME IPO. The issue is priced at ₹79 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Jan 25, 2024, and closes on Jan 30, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Docmode Health Technologies Limited IPO opens on Jan 25, 2024 and closes on Jan 30, 2024.
Ans. The size of Docmode Health Technologies Limited IPO is 849,600 shares(aggregating up to ₹6.71 Cr).
Ans. The IPO price band is set between ₹79 per equity share.
Ans. To apply for Docmode Health Technologies Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Docmode Health Technologies Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Docmode Health Technologies Limited IPO is Jan 31, 2024.
Ans. The Docmode Health Technologies Limited IPO will be listed on Feb 2, 2024.
Ans. Follow the steps to check the allotment status for Docmode Health Technologies Limited IPO here.
