Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Docmode Health Technologies IPO is going to open soon. So I will give you complete information about Docmode Health Technologies IPO here on IPO India.
On this article I will inform you about Docmode Health Technologies IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.
About Docmode Health Technologies Limited
Docmode Health Technologies Limited, established in 2017, specializes in delivering comprehensive education solutions to healthcare professionals and learners globally through both online and offline educational models.
The company’s offline learning components include conferences and workshops, while the online modules feature courses designed by the company’s content development team, medical institutions, medical associations and renowned experts in the field.
In addition to offering a diverse range of learning resources, the company provides interprofessional and cross-sector learning opportunities through panel discussions and courses. Users can leverage the platform’s performance assessment tools to enhance their clinical skills in daily clinical practice.
With affiliations spanning over 35 medical associations and universities worldwide, the company has a portfolio of 87 certification programs. Its services include DocMode LERN, DocMode SURE, DocMode KNOW, DocMode CARE and DocMode SHOP (formerly known as STORE). As of December 31, 2023, the Company’s workforce comprised a total of 66 employees.
Docmode Health Technologies IPO GMP
| Exp. Premium (GMP) | ₹[_] per Share |
About Docmode Health Technologies IPO
Here is some information about Docmode Health Technologies IPO which will help you in making a decision to invest in Docmode Health Technologies IPO. It appears to be a book-built offer with a total value of ₹6.71 crore, including entirely a fresh issue of 8.5 lakh shares.
Summary of the key details
- Issue Size: Rs 6.71 crores
- Offer for Sale: 8.5 Lakhs shares
- Subscription Period: January 25, 2024 to January 30, 2024
- Allotment Date: Janaury 31, 2024
- Listing Date: February 02, 2024
Price Range of Docmode Health Technologies IPO
- ₹79 per share
Lot Size of Docmode Health Technologies IPO
- Minimum Lot: 1600 Shares.
- Minimum Investment for Retail Investors: ₹126,400
Minimum Lot Size Investments for Docmode Health Technologies IPO
- HNI: 2 lots (3200 shares), amounting to ₹252,800.
This information provides potential investors with the details they need to participate in the Docmode Health Technologies IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
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Docmode Health Technologies IPO
| Open Date | January 25, 2024 |
| Close Date | January 30, 2024 |
| Allotment Date | January 31, 2024 |
| Listing Date | February 02, 2024 |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹79 Per Equity Share |
| Issue Size | 849,600 shares (Aggregating up to ₹6.71 Cr) |
| Market Lot (Min. Amount) | Retail: 1600 Shares (₹126,400/-) |
| Listing at Group(s) | NSE SME |
| Lead Manager | Fedex Securities Pvt Ltd |
| Register | Bigshare Services Pvt Ltd |
| Retail Portion | 50% |
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Valuations of Docmode Health Technologies IPO
| Earnings Per Share (EPS Pre IPO) | ₹8.5/- |
| Earnings Per Share (EPS Post IPO) | ₹8.66/- |
| P/E Ratio Pre IPO | 9.3 |
| P/E Ratio Post IPO | 9.13 |
| RoNW | 22.46% |
| Net Asset Value (NAV) -as on 31.03.23 | ₹N/A |
Docmode Health Technologies Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 2023 | 1,764.25 | 2,366.70 | 136.01 | 483.55 | 254.23 | 811.08 |
| 31 Mar 2023 | 1,700.88 | 3,297.42 | 194.82 | 347.53 | 118.21 | 847.95 |
| 31 Mar 2022 | 1,008.36 | 1,243.76 | 92.20 | 138.71 | 137.71 | 483.86 |
| 31 Mar 2021 | 567.26 | 710.46 | 55.33 | 46.52 | 45.52 | 105.62 |
Promoter(s)
| Pre Issue Share Holding | 65.02% |
| Post Issue Share Holding | 47.44% |
Company Promotor(s):-
- Paulson Paul Thazhathedath
- Hans Albert Lewis
If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 80.03% |
| ROCE | 22.46% |
| Debt/ Equity | 2.44 |
| RoNW | 56.06% |
| P/BV | 4.85 |
Issue Objective(s)
- Purchase of IT infrastructure and operating system
- Meeting incremental working capital requirement
- General corporate purposes
Docmode Health Technologies IPO Registrar
| Name | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | https://ipo.bigshareonline.com/ipo_status.html |
Docmode Health Technologies IPO Review
Update Soon
Conclusion
In conclusion, Docmode Health Technologies IPO presents an interesting investment opportunity in the healthcare education sector. Founded in 2017, the company has made significant strides in delivering comprehensive educational solutions to healthcare professionals globally. With a diverse portfolio of 87 certification programs and affiliations with more than 35 medical associations and universities worldwide, Docmode Health Technologies is positioned for growth and innovation.
The IPO with an issue size of ₹6.71 crore and a price range of ₹79 per share will open on January 25, 2024 and close on January 30, 2024. The company’s financial ratios, such as a pre-IPO P/E ratio of 9.3 and strong RoNW of 22.46%, indicate a solid foundation. However, investors should exercise due diligence and carefully evaluate the risks associated with IPO investments. The allotment date is scheduled for January 31, 2024, with listing on February 02, 2024. As always, potential investors are encouraged to do their research or consult a financial professional before making any investment decisions.
In Short, Docmode Health Technologies IPO is an attractive prospect that fits the growing demand for healthcare education. As the IPO opens its doors, investors have the opportunity to participate in the company’s journey and contribute to its future success.
Docmode Health Technologies IPO FAQs
When Docmode Health Technologies IPO is coming?
The Docmode Health Technologies IPO opens on January 25, 2024 and closes on January 30, 2024.
What is the lot size of Docmode Health Technologies IPO?
Docmode Health Technologies IPO lot size is 1600 Shares, and the minimum amount required is ₹126,400.
When Docmode Health Technologies IPO Allotment?
The finalization of Basis of Allotment for Docmode Health Technologies IPO will be done on Wednesday, January 31, 2024, and the allotted shares will be credited to your demat account by Thursday, February 1, 2024