Docmode Health Technologies Limited IPO

Price
₹79
Lot
1600
Subs.
215.24
Expected Listing Earning

Exp. Premium(GMP):
15.00(18.99%)
IPO Details

Open Date: 25-Jan-2024
Close Date: 30-Jan-2024
Allotment Date: 31-Jan-2024
Listing Date: 02-Feb-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹79 Per Equity Share
Issue Size: Total Issue Size 849,600 shares (aggregating up to ₹6.71 Cr) : Fresh Issue 849,600 shares (aggregating up to ₹6.71 Cr)
Market Lot (Min Amount): Retail - ₹126,400 : HNI - ₹252,800
Subscription Details Updated at End of the Day

As on

QIB / Nll

Rll

Total

Shares Offered/Reserved403,200403,200806,400
Day 1 - 25-01-24 
05:00 PM
0.60x4.95x2.78x
Day 2 - 29-01-24 
05:00 PM
8.27x42.04x25.19x
Day 3 - 30-01-24 
05:00 PM
194.90x230.38x215.24x
Total No. of Application:58,055 (Approx.)
Retail Subscription on the basis of Apps:230.38x
Valuations

Earning Per Share(EPS)8.5/-
P/E Ratio9.3
RoNW56.06%
Net Asset Value (NAV) - Post Issue:16.29/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Sep,20231,764.252,366.70136.01
31 Mar,20231,700.883,297.42194.82
31 Mar,20221,008.361,243.7692.20
31 Mar,2021567.26710.4655.33
Promoter(s)

Pre Issue Share Holding65.02%
Post Issue Share Holding47.44%
Company Promoter(s)
1. Paulson Paul Thazhathedath
2. Hans Albert Lewis
Issue Objective(s)

The company proposes to utilize the Net Proceeds from the issue towards the following objects:

  1. Purchase of IT infrastructure and operating system
  2. Meeting incremental working capital requirements; and
  3. General corporate purposes.
About Company

Docmode Health Technologies Limited was founded in 2017 and provides integrated learning solutions for healthcare professionals and learners worldwide through online and offline learning models.

The company's offline learning 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 also provides a platform for interprofessional, cross-sector learning through panel discussions and courses, and users can utilize its performance assessment tools to improve their clinical acumen in daily medical practice.

The company offers a total of 87 certificate programs and is affiliated with over 35 medical associations and universities around the world. The list of services includes:

  • DocMode LERN
  • DocMode SURE
  • DocMode KNOW
  • DocMode CARE
  • DocMode SHOP (previously called STORE)

As at December 31, 2023, the company had a total of 66 employees.

Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

If you are agree with app tems and condition to use the app. 

Thank you.