IPO Issue Details
Issue Price / Price Band₹79 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size8,49,600 shares (aggregating up to ₹6.71 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 25 Jan 2024
Subscription CloseTue, 30 Jan 2024
Anchor AllotmentWed, 24 Jan 2024
Basis of AllotmentWed, 31 Jan 2024
Initiation of RefundsThu, 01 Feb 2024
Credit of Shares to DematThu, 01 Feb 2024
Listing DateFri, 02 Feb 2024
UPI Mandate Deadline2024-01-30
Application & Investment Details
Retail — Min (1 Lots)₹1,26,400 — 1,600 shares
Retail — Max (13 Lots)₹1,643,200 (13 Lots)
HNI — Min (2 Lots)₹2,52,800 — 3,200 shares
EPS (Pre-IPO)₹8.50
EPS (Post-IPO)₹8.66
P/E Ratio (Pre-IPO)9.3x
P/E Ratio (Post-IPO)9.13x
Net Offer to Public8,06,400 shares (aggregating up to ₹6.37 Cr)
Reserved for Market Maker43,200 shares (aggregating up to ₹0.3413 Cr)
Pre-IPO Promoter Holding22,93,200 shares
Post-IPO Promoter Holding31,42,800 shares
About Docmode Health Technologies Ltd
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 LERNDocMode SUREDocMode KNOWDocMode CAREDocMode SHOP (previously called STORE)As at December 31, 2023, the company had a total of 66 employees.
Objects of the Issue
Docmode Health Technologies Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Purchase of IT infrastructure and operating system
2
Meeting incremental working capital requirements; and
3
General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding
22,93,200 shares
Post-IPO Promoter Holding
31,42,800 shares