Docmode Health Technologies Ltd IPO
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Docmode Health Technologies Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 8.5 L | TBA | ₹ 4.03 L | ₹ 14.91 L | NSE | TBA |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 25 Jan, 24 | 29 Jan, 24 | 1600 | TBA | Fixed Price - SME | 02 Feb, 24 |
Docmode Health Technologies Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Miscellaneous |
| Sub Sector | NA |
| Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 403200 | 0 |
| Retail | 0x | 403200 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 849600 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Docmode Health Technologies Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 40.01 | 32.88 | 12.42 |
| EBITDA | 0.39 | 2.73 | 1.55 |
| PAT | 0.19 | 1.95 | 0.92 |
| Total Assets | 15.68 | 13.67 | 8.30 |
| Share Capital | 3.14 | 2.29 | 0.01 |
| Total Borrowings | 3.27 | 3.56 | 1.99 |
| Operating Activities (Net Cash) | 0.21 | 1.97 | 0.94 |
| Investing Activities (Net Cash) | -7.24 | -0.83 | 0.81 |
| Financing Activities (Net Cash) | 3.27 | 3.56 | 1.99 |
| Net Cashflow | 3.09 | 0.39 | 0.14 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Docmode Health Technologies Ltd
Docmode Health Technologies Limited is in the business of offering integrated learning solutions through online and offline learning model to Health care Professionals. The Company was incorporated as Docmode Health Technologies Private Limited under the provisions of Companies Act, 2013 vide Certificate of Incorporation dated July 17, 2017 bearing Corporate Identity Number U74999MH2017PTC297413 issued by Deputy Registrar of Companies, Central Registration Centre. Subsequently, the Company was converted into a Public Limited Company pursuant to special resolution passed by the shareholders at the Extraordinary General Meeting held on December 15, 2022 and consequent upon conversion to effect the legal status, the name of the Company was changed to Docmode Health Technologies Limited vide a fresh certificate of incorporation dated January 2, 2023 bearing Corporate Identity Number U74999MH2017PLC297413.
India's healthcare delivery system is categorized into two major components - public and private. The government, i.e. public healthcare system, comprises limited secondary and tertiary care institutions in key cities and focuses on providing basic healthcare facilities in the form of primary healthcare centres (PHCs) in rural areas. The private sector provides majority of secondary, tertiary, and quaternary care institutions with major concentration in metros, tier-I and tier-II cities.
Docmode Health Technologies Limited is engaged in the business of offering integrated learning solutions through online platform to Doctors, physicians, surgeon and allied healthcare professionals such as dieticians, physiotherapist, nurses, technicians and paramedics across the world, spanning the education value chain.
Peer Comparison:
- No Listed Industry Peers
Docmode Health Technologies Ltd IPO Key Points
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.
Risk
- The company is dependent on the relationships with healthcare professionals, and its business and financial results could be to an extent impacted if the company is not able to engage such healthcare professionals on a regular basis.
- The company ability to retain the present number of learners and professionals serviced by it and attract new learners and professionals is dependent upon various factors including its reputation and the company ability to maintain a high level of service quality. Any failure by it to retain or attract learners and professionals may impact the business and its revenues.
- The Company is yet to place orders for the purchase of IT infrastructure and operating system. Any delay in placing orders or procurement of such machinery may delay the schedule of implementation.
Strategy
- Brand building strategy that covers a judicial mix of print, video, digital and social media.
- Develop and expand its publishing research articles and content development.
- The Company will focus on healthcare services platform where the patients can interact with doctors for educating and support.
- Create a practice tool like iNutrimon in every speciality.
- 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.
How To Apply for Docmode Health Technologies Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
