Docmode Health Technologies IPO vs Megatherm Induction IPO

Comparison between Docmode Health Technologies IPO and Megatherm Induction IPO.

IPO Details

Docmode Health Technologies IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Megatherm Induction IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Docmode Health Technologies IPO is up to ₹6.37 Cr whereas the issue size of the Megatherm Induction IPO is up to ₹51.20 Cr. The final issue price of Docmode Health Technologies IPO is ₹79.00 per share and of Megatherm Induction IPO is ₹108.00 per share.

 Docmode Health Technologies IPOMegatherm Induction IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹100.00 per share
Issue Price (Upper)₹108.00 per share
Issue Price (Final)₹79.00 per share₹108.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size8,06,400 shares47,41,200 shares
Fresh Issue Size (Amount)up to ₹6.37 Crup to ₹51.20 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total8,06,400 shares47,41,200 shares
Issue Size Total (Amount)up to ₹6.37 Crup to ₹51.20 Cr

IPO Timetable

Docmode Health Technologies IPO opens on Jan 25, 2024, while Megatherm Induction IPO opens on Jan 29, 2024. The closing date of Docmode Health Technologies IPO and Megatherm Induction IPO is Jan 30, 2024, and Jan 31, 2024, respectively.

 Docmode Health Technologies IPOMegatherm Induction IPO
Anchor Bid DateJan 25, 2024
Issue OpenJan 25, 2024Jan 29, 2024
Issue CloseJan 30, 2024Jan 31, 2024
Basis Of Allotment (Tentative)Jan 31, 2024Feb 01, 2024
Initiation of Refunds (Tentative)Feb 01, 2024Feb 02, 2024
Credit of Share (Tentative)Feb 01, 2024Feb 02, 2024
Listing date (Tentative)Feb 02, 2024Feb 05, 2024
Anchor Lockin End date 1Mar 02, 2024
Anchor Lockin End date 2May 01, 2024

Financials & KPIs

Docmode Health Technologies IPO P/E ratio is 9.3, as compared to Megatherm Induction IPO P/E ratio of 10.68.

 Docmode Health Technologies IPOMegatherm Induction IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets17.6417.0110.085.67
Total Income23.6732.9712.447.10
Profit After Tax1.361.950.920.55
NET Worth4.843.481.390.47
Reserves and Surplus2.541.181.380.46
Total Borrowing8.118.484.841.06
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets210.40191.98172.63146.45
Total Income147.32266.44188.47109.27
Profit After Tax7.5914.001.103.09
NET Worth58.2250.6336.6235.12
Reserves and Surplus44.3741.3927.3925.99
Total Borrowing44.8042.8240.3943.27
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)65.0298.92
Promoter Shareholding (Post-Issue)47.4472.71
P/E Ratio9.310.68
Market Cap₹24.83 Cr.₹203.48 Cr.
ROE80.03%27.66%
ROCE22.46%27.47%
Debt/Equity2.441.67
EPS₹8.50₹10.11
RoNW56.06%27.66%

Shares Offered

In the Docmode Health Technologies IPO Retail Individual Investors (RII) are offered 4,03,200 shares while in Megatherm Induction IPO retail investors are offered 4,03,200 shares. Qualified Institutional Buyers (QIB) are offered in Docmode Health Technologies IPO and 9,48,000 shares in Megatherm Induction IPO.

 Docmode Health Technologies IPOMegatherm Induction IPO
Anchor Investor Reservation14,22,000 shares
Market Maker Reservation43,200 shares2,50,800 shares
QIB9,48,000 shares
NII4,03,200 shares7,11,600 shares
RII4,03,200 shares16,59,600 shares
Employee
Others
Total8,06,400 shares47,41,200 shares

Bids Received (Subscription)

Docmode Health Technologies IPO subscribed 215.24x in total, whereas Megatherm Induction IPO subscribed 196.11x.

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Docmode Health Technologies IPO Vs Megatherm Induction IPO