Comparison between Alpex Solar IPO and Docmode Health Technologies IPO.
Alpex Solar IPO is a SME Fixed Price IPO proposed to list at NSE SME while Docmode Health Technologies IPO is a SME Fixed Price proposed to list at NSE SME.
| Alpex Solar IPO | Docmode Health Technologies IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Corporate Capitalventures Pvt.Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | SS Corporate Securities Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Alpex Solar IPO is up to ₹70.79 Cr whereas the issue size of the Docmode Health Technologies IPO is up to ₹6.37 Cr. The final issue price of Alpex Solar IPO is ₹115.00 per share and of Docmode Health Technologies IPO is ₹79.00 per share.
| Alpex Solar IPO | Docmode Health Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹109.00 per share | |
| Issue Price (Upper) | ₹115.00 per share | |
| Issue Price (Final) | ₹115.00 per share | ₹79.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1600 shares |
| Fresh Issue Size | 61,56,000 shares | 8,06,400 shares |
| Fresh Issue Size (Amount) | up to ₹70.79 Cr | up to ₹6.37 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 61,56,000 shares | 8,06,400 shares |
| Issue Size Total (Amount) | up to ₹70.79 Cr | up to ₹6.37 Cr |
Alpex Solar IPO opens on Feb 08, 2024, while Docmode Health Technologies IPO opens on Jan 25, 2024. The closing date of Alpex Solar IPO and Docmode Health Technologies IPO is Feb 12, 2024, and Jan 30, 2024, respectively.
| Alpex Solar IPO | Docmode Health Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Feb 07, 2024 | |
| Issue Open | Feb 08, 2024 | Jan 25, 2024 |
| Issue Close | Feb 12, 2024 | Jan 30, 2024 |
| Basis Of Allotment (Tentative) | Feb 13, 2024 | Jan 31, 2024 |
| Initiation of Refunds (Tentative) | Feb 14, 2024 | Feb 01, 2024 |
| Credit of Share (Tentative) | Feb 14, 2024 | Feb 01, 2024 |
| Listing date (Tentative) | Feb 15, 2024 | Feb 02, 2024 |
| Anchor Lockin End date 1 | Mar 14, 2024 | |
| Anchor Lockin End date 2 | May 13, 2024 |
Alpex Solar IPO P/E ratio is 54.66, as compared to Docmode Health Technologies IPO P/E ratio of 9.3.
| Alpex Solar IPO | Docmode Health Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Alpex Solar Limited Financial Information (Restated Consolidated)Alpex Solar Limited's revenue increased by 16.25% and profit after tax (PAT) rose by 1849.43% between the financial year ending with March 31, 2023 and March 31, 2022.
| Docmode Health Technologies Limited Financial Information (Restated Consolidated)Docmode Health Technologies Limited's revenue increased by 165.12% and profit after tax (PAT) rose by 111.3% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 93.53 | 65.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.76 | 47.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 54.66 | 9.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹281.44 Cr. | ₹24.83 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.55% | 80.03% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.81% | 22.46% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.14 | 2.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.10 | ₹8.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.55% | 56.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Alpex Solar IPO Retail Individual Investors (RII) are offered 21,55,200 shares while in Docmode Health Technologies IPO retail investors are offered 21,55,200 shares. Qualified Institutional Buyers (QIB) are offered 12,31,200 shares in Alpex Solar IPO and in Docmode Health Technologies IPO.
| Alpex Solar IPO | Docmode Health Technologies IPO | |
|---|---|---|
| Anchor Investor Reserveration | 18,45,600 shares | |
| Market Maker Reserveration | 3,24,000 shares | 43,200 shares |
| QIB | 12,31,200 shares | |
| NII | 9,24,000 shares | 4,03,200 shares |
| RII | 21,55,200 shares | 4,03,200 shares |
| Employee | ||
| Others | ||
| Total | 61,56,000 shares | 8,06,400 shares |
Alpex Solar IPO subscribed 324.03x in total, whereas Docmode Health Technologies IPO subscribed 215.24x.
| Alpex Solar IPO | Docmode Health Technologies IPO | |
|---|---|---|
| QIB (times) | 141.48x | |
| NII (times) | 502.31x | 194.90x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 351.89x | 230.38x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 324.03x | 215.24x |
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