IPO

Docmode Health Technologies Limited IPO

NSE SME

Listed On: Feb 2, 2024 at ₹ 190.25

₹ 252800 /3200 Shares
*Min Investment

Check Allotment

25 Jan, 2024

Open Date

30 Jan, 2024

Close Date

31 Jan, 2024

Allotment Date

02 Feb, 2024

Listing Date
Docmode Health Technologies Limited IPO Issue Details
  • Issue Price ₹79 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 8,49,600 shares(aggregating up to ₹6.71 crore)
  • Fresh Share 8,49,600 shares(aggregating up to ₹6.71 crore)
  • Listing at NSE SME
  • List Price 190.25
  • Listing Date 2024-02-02
  • Lead Manager Fedex Securities Pvt Ltd
  • Registrar Bigshare Services Pvt Ltd
Market Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)11600₹1,26,400
Retail(max)11600₹1,26,400
NII (min) 23,200₹2,52,800
Docmode Health Technologies Limited IPO Reservation

Docmode Health Technologies Limited IPO offers total 849,600 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,403,200 (47.46%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares OfferedNA (NA%)
Market Maker Shares Offered43,200 (5.08%)
Retail Shares Offered403,200 (47.46%)
Total Shares Offered849,600 (100%)
Docmode Health Technologies Limited IPO Documents
Docmode 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.

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Docmode Health Technologies Limited IPO Subscription Analysis And Details
Retail
230.38x
Total
212.69x
As onQIB / NIIRetailTotal
Shares Offered / Reserved403,200403,200806,400
Day 1 25-01-24 06:00 PM
0.60 x4.95 x2.78 x
Day 2 29-01-24 06:00 PM
8.27 x42.04 x25.19 x
Day 3 30-01-24 06:00 PM
195.01 x230.38 x212.69 x

Total No of Applications
58,050
Docmode Health Technologies Limited Valuations
EPS Pre IPO ₹8.5/-
EPS Post IPO ₹8.66/-
P/E Pre IPO 9.3
P/E Post IPO 9.13
ROE 80.03%
ROCE 22.46%
Debt/Equity 2.44
RoNW 56.06%
Price to Book Value 4.85
Docmode Health Technologies Limited Company Financials
In Lakhs
In Lakh
31-Mar-2331-Mar-2231-Mar-21
Assets1,700.881,008.36567.26
Revenue3,297.421,243.76710.46
Profit After Tax194.8292.2055.33
Net Worth347.53138.7146.52
Reserves & Surplus118.21137.7145.52
Total Borrowing847.95483.86105.62
About Docmode Health Technologies Limited 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.

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Docmode Health Technologies Limited - Promoter(s)

Paulson Paul Thazhathedath

Hans Albert Lewis

Pre Issue Share Holding : 65.02%

Post Issue Share Holding : 47.44%

Docmode Health Technologies Limited IPO - Issue Objectives
1

Purchase of IT infrastructure and operating system

2

Meeting incremental working capital requirements

3

General corporate purposes.

Contact Details

Docmode Health Technologies Limited

201, Kalpataru Plaza, Rambaug Off Chincholi Bunder Road, Malad Mumbai - 400064

+919920923338

legal@docmode.com

https://docmode.org/

Registrar Contact Details