Docmode Health Technologies IPO will open for subscription from 25 January 2024. The company aims for an issue size of ₹6.71 Cr through this IPO.
Company Overview
| Full name | Docmode Health Technologies Limited |
| Sector | Others |
| Industry | Educational Institutions |
| Company Website | https://docmode.org/ |
About Company
The company is engaged in the business of offering integrated learning solutions through online and offline learning models to healthcare professionals and learners across the world, spanning the education value chain. Its offline learning model comprises conferences and workshops. The online course content is reviewed and presented by a dedicated in-house content development team or by medical institutions and medical associations (medical professional bodies) and subject matter experts/key opinion leaders.
The company mainly focuses on providing learning solutions through the online model. Its tech-based online learning model allows healthcare professionals and learners to engage in self-paced inclusive and individualized learning experiences without the requirements of a physical classroom present. The online learning model comprises notes, recorded videos, live conferences, workshops, etc. In addition to the learning solutions, the company provides a platform for inter-professional cross-industrial learning via panel discussions and courses as well as taking advantage of performance assessment tools to better their clinical acumen in their daily medical practice.
The Objectives of the Issue
- Purchase of IT infrastructure and operating system.
- Meeting incremental working capital requirements.
- General corporate purposes.
Docmode Health Technologies IPO Timetable
| IPO Opening date | 25 January 2024 |
| IPO Closing | 30 January 2024 |
| Basis of Allotment | 31 January 2024 |
| Initiation Refund | 01 February 2024 |
| Credit to Demat Account | 01 February 2024 |
| Listing Date | 02 February 2024 |
Docmode Health Technologies IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹6.71 Cr – 849,600 shares |
| Fresh Issue | ₹6.71 Cr – 849,600 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer Price | ₹79 per share |
| Lot size | 1600 Shares |
| Market Maker portion | 43,200 shares |
| Shareholding pre-issue | 2,293,200 |
| Shareholding post-issue | 3,142,800 |
| Listing Exchange | NSE SME |
Docmode Health Technologies IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹126,400 |
| Retail (Max) | 1 | 1600 | ₹126,400 |
| HNI (Min) | 2 | 3,200 | ₹252,800 |
Docmode Health Technologies IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 43,200 (5.08%) |
| Other Shares Offered | 403,200 (47.46%) |
| Retail Shares Offered | 403,200 (47.46%) |
| Total Shares Offered | 849,600 (100%) |
Docmode Health Technologies Financial Performance
| FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 | |
| Revenue | 7.10 | 12.42 | 32.88 | 23.60 |
| Expenses | 6.46 | 10.94 | 30.28 | 21.74 |
| Net income | 0.55 | 0.92 | 1.95 | 1.36 |
Docmode Health Technologies Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 3.15 | 5.24 | 9.13 |
| PE ratio | – | – | 8.65 |
| RONW (%) | 118.94 | 66.47 | 56.06 |
| NAV | 2.65 | 7.89 | 16.29 |
| ROCE (%) | 54.97 | 30.15 | 22.46 |
| EBITDA (%) | 12.22 | 15.18 | 11.39 |
| Debt/Equity | 2.27 | 3.49 | 2.44 |
Company Promoters
- Paulson Paul Thazhathedath
- Hans Albert Lewis
Promoter Holding
| Pre Issue Share Holding | 65.02% |
| Post Issue Share Holding | 47.44% |
Docmode Health Technologies IPO Lead Manager(s)
FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email: mb@fedsec.in
Website: www.fedsec.in
Docmode Health Technologies Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Docmode Health Technologies Contact Details
DOCMODE HEALTH TECHNOLOGIES LIMITED
201, Kalpataru Plaza, Rambaug Off Chincholi Bunder Road,
Malad Mumbai, -400064, Maharashtra, India
Phone: 9920923338
E-mail: legal@docmode.com
Website: www.docmode.com
Docmode Health Technologies IPO Allotment Status
Docmode Health IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Final thoughts
Docmode Health Technologies IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
