Docmode Health Technologies IPO Details ( Docmode Health Technologies Limited IPO Review )
(25 Jan 2024 – 30 Jan 2024)
Docmode Health Technologies Limited started in 2017 to help healthcare professionals and learners everywhere with easy-to-access learning tools, both online and offline.
Offline, we host conferences and workshops to bring people together for hands-on learning experiences. Online, we offer courses made by our team or by medical experts and institutions. This means you can learn at your own pace, wherever you are.
We’re all about bringing different healthcare sectors together. Our platform hosts discussions and courses where professionals can learn from each other. Plus, our tools help you track your progress and improve your skills for real-world medical situations.
With us, you get access to 87 certificate programs, and we’re partnered with over 35 medical associations and universities globally. Here’s what we offer:
- DocMode LERN
- DocMode SURE
- DocMode KNOW
- DocMode CARE
- DocMode SHOP (formerly STORE)
As of December 31, 2023, we had a team of 66 dedicated employees.
Docmode Health Technologies Limited IPO Competitive Strength
- Technology driven, asset light & scalable business model
- Strong network effects resulting in growth business verticals
- Experience in the education business and professionally qualified human capital
- Diversified and integrated education products, services and content offerings
- Continue offering new course/lecture content
Docmode Health Technologies IPO Financials Performance ( Results )
Docmode Health Technologies Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 567.26 | 710.46 | 55.33 | 3.15 | 46.52 | 2.65 | 45.52 | 105.62 |
| 31-Mar-22 | 1,008.36 | 1,243.76 | 92.20 | 5.24 | 138.71 | 7.89 | 137.71 | 483.86 |
| 31-Mar-23 | 1,700.88 | 3,297.42 | 194.82 | 9.13 | 347.53 | 16.29 | 118.21 | 847.95 |
| 30-Sep-23 | 1,764.25 | 2,366.70 | 136.01 | 5.93 | 483.55 | – | 254.23 | 811.08 |
Objective of Docmode Health Technologies IPO Issue
- Purchase of IT infrastructure and operating system
- Meeting incremental working capital requirements; and
- General corporate purposes.
Docmode Health Technologies IPO Basic Details
| IPO Date | Jan 25, 2024 to Jan 30, 2024 |
| Listing Date | Friday, February 2, 2024 |
| Face Value | ₹10 per share |
| Price | ₹79 per share |
| Lot Size | 1600 Shares |
| Issue Size | 849,600 shares of ₹10 (aggregating up to ₹6.71 Cr) |
| Fresh Issue | 849,600 shares of ₹10 (aggregating up to ₹6.71 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 2,293,200 |
| Share holding post issue | 3,142,800 |
| Company Promoters | Paulson Paul Thazhathedath and Hans Albert Lewis |
Docmode Health Technologies IPO Reservation
| Market Maker Shares Offered | 5.08% of the Net Issue |
| Other Shares Offered | 47.46% of the Net Issue |
| Retail Shares Offered | 47.46% of the Net Issue |
Docmode IPO Timetable
Docmode IPO will open on January 25, 2024 and close on January 30, 2024. You can join Docmode IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 25 January 2024 (Thursday) |
| Closing Date | 30 January 2024 (Tuesday) |
| Basis of Allotment | 31 January 2024 (Wednesday) |
| Initiation of Refunds | 1 February 2024 (Thursday) |
| Credit of Shares to Demat | 1 February 2024 (Thursday) |
| Listing Date | 2 February 2024 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 30 January 2024 |
Docmode Health IPO Lot Size
For retail investors in Docmode Health IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹126,400. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹126,400.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹126,400 |
| Retail (Max) | 1 | 1600 | ₹126,400 |
| S-HNI (Min) | 2 | 3200 | ₹252,800 |
Docmode Health Technologies IPO Promoter Holding
The company’s promoters include Paulson Paul Thazhathedath and Hans Albert Lewis.
| Pre Issue Share Holding | 65.02% |
| Post Issue Share Holding | 47.44% |
Docmode Health Technologies Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 24.83 |
| Earning Per Share (EPS) | ₹9.13 per Equity Share |
| Net Asset Value (NAV) | ₹16.29 per Equity Share |
| P/E Ratio (P/E) (x) | 9.30 |
| Post P/E Ratio (P/E) (x) | 9.13 |
| Return on Net Worth (RoNW) (%) | 22.46 |
| Return on equity (ROE) (%) | 80.03 |
| Return on Capital Employed (ROCE) (%) | 56.06 |
| Debt/Equity Ratio | 2.44 |
Docmode Health Technologies Ltd Peer Comparison
There are no listed companies in India that are comparable in all aspects of business and services that the Company provides. Hence, it is not possible to provide an industry comparison in relation to the Company.
Docmode Health Technologies IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹42 | – | – |
| 31 January 2024 | ₹42 | – | – |
| 30 January 2024 | ₹42 | – | – |
| 29 January 2024 | ₹42 | – | – |
| 28 January 2024 | ₹15 | – | – |
| 27 January 2024 | ₹15 | – | – |
| 26 January 2024 | ₹15 | – | – |
| 25 January 2024 | ₹15 | – | – |
| 24 January 2024 | ₹15 | – | – |
| 23 January 2024 | ₹15 | – | – |
Docmode Health Technologies IPO Detail Video:
link
Docmode Health Technologies IPO Subscription Status (Bidding Detail)
The Docmode Health Technologies IPO on January 30, 2024 at 7:30:00 PM was subscribed 215.24 times, with the retail category being subscribed 230.38 times, the other category being subscribed 194.90 times.
| Category | Subscription |
| Other | 194.90x |
| Retail | 230.38x |
| Total | 215.24x |
Docmode Health Technologies IPO Prospectus
| Docmode Health Technologies IPO DRHP | Download |
| Docmode Health Technologies IPO RHP | Download |
| Docmode Health Technologies IPO Anchor Investors Details PDF | Download |
Docmode Health Technologies IPO Rating
| Our Rating | 3.5/5.0 |
Docmode Health Technologies Company Contact Information
Docmode Health Technologies Limited
Registered Office: 201, Kalpataru Plaza, Rambaug Off Chincholi Bunder Road, Malad Mumbai, -400064, Maharashtra, India
Tel No.: 9920923338
Email: legal@docmode.com
Website: www.docmode.org
Contact Person: Reshma Susan Thomas, Company Secretary & Compliance Officer
Our Promoters: Paulson Paul Thazhathedath and Hans Albert Lewis
Docmode Health Technologies IPO Registrar
Bigshare Services Private Limited
Registered Office: Office No. S6 – 2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Cave Road, Andheri – [East], Mumbai – 400093, Maharashtra, India.
Tel No.: +91 22 6263 8200
Fax No.: +91 22 6263 8299
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Aniket Chindarkar
SEBI Registration No.: INR000001385
Docmode Health Technologies IPO Lead Manager
Fedex Securities Private Limited
Registered Office: B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle – [East], Mumbai – 400 057, Maharashtra, India
Tel No.: +91 81049 85249
E-mail: mb@fedsec.in
Website: www.fedsec.in
Contact Person: Saipan Sanghvi
SEBI Registration Number: INM000010163
Investor Grievance E-Mail: mb@fedsec.in
Docmode Health Technologies IPO FAQs
What is the lot size of Docmode Health Technologies IPO?
The total size of Docmode Health Technologies IPO is ₹6.71 crores and this is a complete fresh Issue.
When will Docmode Health Technologies IPO start?
Docmode Health Technologies IPO will open from 25 January 2024 and IPO will close on 30 January 2024.
What is the open date of Docmode Health Technologies IPO?
Docmode Health Technologies IPO will open date from 25 January 2024.
What is the last date ( close date ) of Docmode Health Technologies IPO?
Docmode Health Technologies IPO will close from 30 January 2024.
What is the price band of Docmode Health Technologies IPO?
Docmode Health Technologies IPO price band is ₹79.
What is the minimum amount required to apply for Docmode Health Technologies IPO?
The minimum investment for retailers to apply for Docmode Health Technologies IPO is ₹126,400 and the maximum investment is ₹126,400.
What is going on gray market premium of Docmode Health Technologies IPO?
View gray market premium of Docmode Health Technologies IPO by Clicking Here
How much is the GMP of Docmode Health Technologies IPO?
Watch Docmode Health Technologies IPO GMP Today: Click Here
What is the allotment date of Docmode Health Technologies IPO?
The allotment date of Docmode Health Technologies IPO is 31 January 2024.
How to check allotment status in Docmode Health Technologies IPO?
To check the allotment status of Docmode Health Technologies IPO, first of all go to the registrar website by clicking here, select your bad Docmode Health Technologies IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Docmode Health Technologies IPO?
The listing date of Docmode Health Technologies IPO is 2 February 2024.
How much will be the listing gain in Docmode Health Technologies IPO?
View listing gain of Docmode Health Technologies IPO by Clicking Here
How much time Docmode Health Technologies IPO is subscribed?
Total 215.24 times subscribed in Docmode Health Technologies IPO out of which 230.38 times subscription was done in retail quota, 194.90 times subscription in other quota.
How to apply for Docmode Health Technologies IPO from Upstox?
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How to apply for Docmode Health Technologies PO from Zerodha?
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How to apply for Docmode Health Technologies IPO from Angle One?
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