Docmode Health Technologies IPO

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 nameDocmode Health Technologies Limited
IndustryEducational Institutions
Company Website

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 date25 January 2024
IPO Closing30 January 2024
Basis of Allotment31 January 2024
Initiation Refund01 February 2024
Credit to Demat Account01 February 2024
Listing Date02 February 2024
(Cut-off time for UPI mandate confirmation – 5 PM on January 30, 2024)

Docmode Health Technologies IPO details

Issue typeFixed Price Issue IPO
IPO issue size₹6.71 Cr – 849,600 shares
Fresh Issue₹6.71 Cr – 849,600 shares
Offer for saleNil
Face value₹10 per share
Offer Price₹79 per share
Lot size1600 Shares
Market Maker portion43,200 shares
Shareholding pre-issue2,293,200
Shareholding post-issue3,142,800
Listing ExchangeNSE SME

Docmode Health Technologies IPO Lot Size

Retail (Min)11600₹126,400
Retail (Max)11600₹126,400
HNI (Min)23,200₹252,800

Docmode Health Technologies IPO Reservation Details

Investor CategoryShares Offered
Anchor Investor Shares Offered
Market Maker Shares Offered43,200 (5.08%)
Other Shares Offered403,200 (47.46%)
Retail Shares Offered403,200 (47.46%)
Total Shares Offered849,600 (100%)

Docmode Health Technologies Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Net income0.550.921.951.36
(Amount in ₹ Crores)

Docmode Health Technologies Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio8.65
RONW (%)118.9466.4756.06
ROCE (%)54.9730.1522.46
EBITDA (%)12.2215.1811.39

Company Promoters

  • Paulson Paul Thazhathedath
  • Hans Albert Lewis

Promoter Holding

Pre Issue Share Holding65.02%
Post Issue Share Holding47.44%

Docmode Health Technologies IPO Lead Manager(s)

B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249

Docmode Health Technologies Registrar

S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200

Docmode Health Technologies Contact Details

201, Kalpataru Plaza, Rambaug Off Chincholi Bunder Road,
Malad Mumbai, -400064, Maharashtra, India
Phone: 9920923338

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

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