Docmode Health Technologies Limited 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.
Docmode Health Technologies IPO – Details
| IPO Opening Date | 25 January 2024 |
| IPO Closing Date | 30 January 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 8,49,600 Shares Worth ₹6.71 Crore Fresh Issue: 8,49,600 Shares Worth ₹6.71 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹79 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Docmode Health Technologies IPO – Date Schedule
| IPO Open Date | 25 January 2024 |
| IPO Close Date | 30 January 2024 |
| Basis of Allotment | 31 January 2024 |
| Initiation of Refund | 01 February 2024 |
| Credit of Shares to Demat Account | 01 February 2024 |
| IPO Listing Date | 02 February 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on 30 January 2024 |
Docmode Health Technologies IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | 1,26,400 |
| Retail (Maximum) | 1 | 1200 | 1,26,400 |
| HNI (Minimum) | 2 | 3200 | 2,52,800 |
Competitive Strengths
- 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.
Company Promoters
- Paulson Paul Thazhathedath
- Hans Albert Lewis
Object Of The Issue
- Purchase of IT infrastructure and operating system;
- Meeting incremental working capital requirements; and
- General corporate purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 7.10 | 6.46 | 0.55 | 1.05 |
| 31 March 2022 | 12.43 | 10.93 | 0.92 | 4.83 |
| 31 March 2023 | 32.97 | 30.28 | 1.94 | 8.47 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 80.03% |
| ROCE | 22.46% |
| Debt/Equity | 2.44 |
| RoNW | 56.06% |
| P/BV | 0 |
Docmode Health Technologies IPO Promoter Holding
| Pre Issue Share Holding | 65.02% |
| Post Issue Share Holding | 47.44% |
Docmode Health Technologies IPO Prospectus
Company Contact Information
| Docmode Health Technologies Limited 201, Kalpataru Plaza, Rambaug Off Chincholi Bunder Road, Malad Mumbai – 400064 Phone: +919920923338 Email: legal@docmode.com Website: https://docmode.org/ |
Docmode Health Technologies IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Docmode Health Technologies IPO Lead Manager(s)
| 1. Fedex Securities Pvt Ltd |
Docmode Health Technologies IPO FAQs
| What is Docmode Health Technologies IPO? Docmode Health Technologies IPO is a SME IPO. The issue is priced at ₹79 per equity share. The IPO is to be listed on NSE SME. |
| When Docmode Health Technologies IPO will open? The IPO is to open on 25 January 2024 for NII – 50% and Retail – 50% Investors. |
| How to Docmode Health Technologies IPO? You can apply Docmode Health Technologies IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Docmode Health Technologies IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Docmode Health Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Docmode Health Technologies IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Docmode Health Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Docmode Health Technologies IPO Size? Docmode Health Technologies IPO size is ₹6.71 crores. |
| What is Docmode Health Technologies IPO Price Band? Docmode Health Technologies IPO Price Band is ₹79. |
| What is Docmode Health Technologies IPO Minimum and Maximum Lot Size (Retail)? The minimum bid is 1600 Shares with ₹1,26,400 amount while the maximum bid is 1600 shares with ₹1,26,400. |
| What is the Docmode Health Technologies IPO Allotment Date? Docmode Health Technologies IPO allotment date is 31 January 2024. |
| What is the Docmode Health Technologies IPO Listing Date? Docmode Health Technologies IPO listing date is 02 February 2024. The IPO is to be listed on NSE SME. |
