Docmode Health Technologies Limited IPO

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The company’s operations and objectives in the field of healthcare education and professional development.

Company Focus and Operations:

  1. Integrated Learning Solutions: The company specializes in providing both online and offline learning solutions to healthcare professionals and learners worldwide. This approach encompasses a broad spectrum of educational needs in the healthcare sector.
  2. Offline Learning Model: This includes organizing conferences and workshops, catering to professionals who benefit from in-person interactions and hands-on learning experiences.
  3. Online Learning Model: The primary focus of this company is on online education. This model enables healthcare professionals to learn at their own pace, without the need for physical classroom presence. It includes various educational materials such as notes, recorded videos, live conferences, and workshops.
  4. Content Development and Review: The online course content is developed and reviewed by an in-house team, as well as by medical institutions, associations, and subject matter experts. This ensures high-quality, relevant, and up-to-date educational material.
  5. Professional Networking Platform: Beyond learning, this company offers a platform for professional networking and cross-industrial learning. This includes panel discussions and courses designed to enhance clinical skills in daily medical practice.

Certifications and Achievements:

  • This company is ISO 27001:2013 certified, emphasizing a strong commitment to information security management.
  • It has also received a ready status from Skill India, indicating recognition for skill development initiatives.

Business Development and Growth Strategy:

  • The Promoters play a pivotal role in business development, strategic planning, marketing, team management, and maintaining industry relationships.
  • The leadership team consists of qualified and experienced professionals, ensuring the company’s growth and adaptability in the market.

Collaborations and Contributions:

  • The company collaborates with International Medical Associations, Key Opinion Leaders (KOLs), Subject Matter Experts (SMEs), and Medical Bodies for certified courses.
  • This collaboration enriches the content and credibility of the courses offered.

Marketing and Engagement Initiatives:

  • This business engages in knowledge marketing to assist medico and pharma companies. This includes providing marketing materials like case studies, quizzes, product monograms, and phonographs to enhance interactions with healthcare professionals.

Services Offered:

  • DocMode LERN: A major service offered is through your platform, It serves as a resource and networking hub for a vast number of healthcare professionals. The platform offers a variety of educational programs, online resources, and opportunities for professional development. It’s notable for its global reach and diverse user base.

In summary, The company positions itself as a key player in the healthcare education sector, leveraging technology to offer comprehensive learning solutions while fostering a global community of healthcare professionals. The combination of experienced leadership, strategic collaborations, and a focus on technology-driven education distinguishes this company in this field.

Objects of the Docmode Health Technologies Limited IPO:

The company proposes to utilize the Net Proceeds from the issue towards the following objects: i. Purchase of IT infrastructure and operating system ii. Meeting incremental working capital requirements; and iii. General corporate purposes.

Docmode Health Technologies Limited IPO Details:

Open Date: Jan 25 2024
Close Date: Jan 30 2024
Total Shares: 849,600
Face Value: ₹ 10 Per Equity Share
Issue Size: 6.71 Cr.
Lot Size: 1600 Shares
Issue Price: ₹ 79 Per Equity Share
Listing At: NSE Emerge
Listing Date: Feb 02 2024

Promoters And Management:

Paulson Paul Thazhathedath, is the Promoter and Managing Director of the Company. He has completed his formal education. He has more than 15 years of experience in the field of mass media and advertisement. He has been on the board of the Company since incorporation. Hans Albert Lewis, is the Promoter and Whole-time Director of the Company. He completed his graduation in mass media, advertising from Wilson College, Mumbai in the year 2004. He has more than 15 years of experience in the field of mass media and advertisement. He has been on the board of the Company since incorporation. Monina Elizabeth Lewis is the Non-Executive Director of the Company. She completed degree of bachelor of science from Mumbai University in 2001. She has been on board of the Company since March 20, 2023. She has over 6 years of experience as an officer coordination and training follow-up employee in a foreign airline company.

Financials of Docmode Health Technologies Limited IPO:

Particulars ( In Lakhs )
Revenue from Operations 710 1,242 3,288 2,360
Other Income 0.4 1 10 6
Total Revenue 710 1,244 3,297 2,367
Purchase of stock-in-trade 373 105 156 206
Changes in inventories -193.8 77 -3 0.4
Employees Benefit Expenses 159 429 556 292
Other Expenses 285 442 2,204 1,590
EBITDA 87 190 384 278
Depreciation & Amortisation 4 2 2 2
Finance cost 19 38 113 84
EBIT 84 188 382 276
OPM (%) 12.27% 15.28% 11.65% 11.73%
PBT 64 150 269 192
Tax 9 58 74 56
PAT 55 92 195 136
NPM (%) 7.79% 7.41% 5.91% 5.75%
No.of Shares 31.42 31.42 31.42 31.42
EPS 1.76 2.93 6.19 4.32

Comparison With Peers:

Note: - There are no listed companies in India that is into the similar line of business of the Company.

Recommendation on Docmode Health Technologies Limited IPO:

Lead Manager of Docmode Health Technologies Limited IPO:

  1. Fedex Securities Limited

Registrar of Docmode Health Technologies Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Docmode Health Technologies Limited 201, Kalpataru Plaza, Rambaug Off Chincholi Bunder Road, Malad Mumbai - 400064 Phone: +919920923338 Email: Website

Discussion on Docmode Health Technologies Limited IPO:

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