Docmode Health Technologies Limited IPO : Key Dates

Docmode Health Technologies Limited IPO is set to launch on 25 January, 2023. The company initiated its business operations in the year 2017. It provides integrated learning solutions for healthcare learners and professionals worldwide through both offline and online learning models. The company serves its customers with workshops and conferences held in an offline learning module wherein the learners get in touch with experts and also perform practical approaches. In online mode the learners study through the various modules developed by the company’s core team and various industry experts. It offers 87 program certificates and over 35 medical associations are affiliated with it. The company has an employee base of 66 people. 

Docmode Health Technologies Limited IPO DETAILS

Docmode Health Technologies Limited IPO is set to launch on 25 January, 2023. The subscription timeline extends till 30 January, 2023. The size for the IPO is 6.71 Crore Rs. Shares issued through fresh issue mode are worth Rs 6.71 Crore. No shares are issued through offer for sale mode. The lot size is 1600 shares and the price is 79 Rs per share. The company is going to get listed at NSE SME. The face value per share is Rs.10 and this is a Fixed Price Issue. The registrar for the company is BigShare Services Private Limited.

Tabular Description of Docmode Health Technologies Limited IPO

IPO OPENING DATE	25 January, 2023
CLOSING DATE FOR IPO	30 January, 2023
ISSUE TYPE	Fixed Price Issue
Face Value per share	10 Rs. per share
IPO price band	79 Rs per share
LOT SIZE	1600 shares
MINIMUM ORDER QUANTITY	1600 shares
ISSUE SIZE	6.71 Crore Rs.
OFFER FOR SALE	No shares are issued through offer for sale mode
FRESH ISSUE	6.71 Crore Rs.
LISTING AT	NSE SME
LISTING DATE	30 January, 2023

Docmode Health Technologies Limited IPO : IMPORTANT DATES

IPO OPENING DATE	25 January, 2023
CLOSING DATE FOR IPO	30 January, 2023
IPO ALLOTMENT DATE	31 January, 2023
REFUNDS	1 February, 2023
DEMAT A/C CREDITED ON	1 February, 2023
IPO LISTING DATE	2 February, 2023

Docmode Health Technologies Limited IPO begins for subscription from 25 January 2023. The IPO subscription would continue till 30 January, 2023. The allotment status for the shareholders who applied would come on 31 January, 2023. The refunds for the ones who did not get allotment would be initiated on 1 February, 2023. The DEMAT accounts of shareholders would be credited on 1 February, 2023. The listing of the company would be completed on 2 February, 2023.

Docmode Health Technologies Limited IPO : Lead Managers

The lead managers are :

• Fedex Securities Private Limited

The minimum lot size for the company is decided at 1600 shares. This holding accounts to 126400 Rs.. The maximum lot size is decided at 3200 shares (HNI). This amounts to 252800 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	1600 shares	126400 Rs.
Maximum	3200 shares	252800 Rs.

OBJECTIVES FOR THE IPO

• IPO proceeds would be used for general corporate purposes.
• The company will use the IPO money for further working capital requirements.

COMPANY FINANCIALS

Particularly (in Lakh Rs.)	2020-21	2021-22	2022-23
Asset	567	1008	1700
Revenue	710	1243	3297
PAT	55	92	194

Docmode Health Technologies Limited had an asset base of 567 Lakh Rs in 2021 which increased to 1008 Lakh Rs in 2022 and 1700 Lakh Rs in 2023. The revenue of the firm was 710 Lakh Rs in 2021. In the year 2022 the revenue of the firm increased to 1243 Lakh Rs and in 2023 it was at 3297 Lakh Rs. The profit of the firm was at 55 Lakh Rs in 2021. The profit of the firm increased to 92 Lakh Rs in 2022 and 194 Lakh Rs in 2023.

PROS

• The company serves its customers with workshops and conferences held in an offline learning module wherein the learners get in touch with experts and also perform practical approaches.
• In online mode the learners study through the various modules developed by the company’s core team and various industry experts.
• It offers 87 program certificates and over 35 medical associations are affiliated with it. The company has an employee base of 66 people.

Docmode Health Technologies Limited IPO Application Process with Zerodha

It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :

1. Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
2. Click the Docmode Health Technologies Limited IPO button and press the BID button.
3. Entering the details asked for like UPI ID, Quantity and price.
4. Submit the application form for the IPO.
5. Visiting the application of UPI for approving the transaction.

Now, applying for an IPO online is possible with most of the Discount and online brokers.