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Docmode Health Technologies IPO vs Harshdeep Hortico IPO

Comparison between Docmode Health Technologies IPO and Harshdeep Hortico IPO.

IPO Details

Docmode Health Technologies IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Harshdeep Hortico IPO is a SME Bookbuilding proposed to list at BSE SME.

 Docmode Health Technologies IPOHarshdeep Hortico IPO
LogoDocmode Health Technologies IPO LogoHarshdeep Hortico IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersFedex Securities Pvt.Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerRikhav Securities Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 Harshdeep Hortico IPO is up to ₹18.12 Cr. The final issue price of Docmode Health Technologies IPO is ₹79.00 per share and of Harshdeep Hortico IPO is ₹45.00 per share.

 Docmode Health Technologies IPOHarshdeep Hortico IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹42.00 per share
Issue Price (Upper)₹45.00 per share
Issue Price (Final)₹79.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares3000 shares
Fresh Issue Size8,06,400 shares40,26,000 shares
Fresh Issue Size (Amount)up to ₹6.37 Crup to ₹18.12 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total8,06,400 shares40,26,000 shares
Issue Size Total (Amount)up to ₹6.37 Crup to ₹18.12 Cr

IPO Timetable

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

 Docmode Health Technologies IPOHarshdeep Hortico 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 Harshdeep Hortico IPO P/E ratio of 0.

 Docmode Health Technologies IPOHarshdeep Hortico IPO
Financials

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.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,764.251,700.881,008.36567.26
Total Income2,366.703,297.421,243.76710.46
Profit After Tax136.01194.8292.2055.33
Net Worth483.55347.53138.7146.52
Reserves and Surplus254.23118.21137.7145.52
Total Borrowing811.08847.95483.86105.62
Amount in ₹ Lakhs

Harshdeep Hortico Limited Financial Information (Restated)

Period Ended31 Jul 202331 Mar 2023
Assets3,059.494.89
Total Income1,482.84
Profit After Tax177.24-0.27
Net Worth1,325.824.73
Reserves and Surplus1,318.85-0.27
Total Borrowing636.82
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)65.0297.38
Promoter Shareholding (Post-Issue)47.4471.72
P/E Ratio9.30
Market Cap₹24.83 Cr.₹72.42 Cr.
ROE80.03%
ROCE22.46%
Debt/Equity2.44
EPS₹8.50₹0.00
RoNW56.06%

Shares Offered

In the Docmode Health Technologies IPO Retail Individual Investors (RII) are offered 4,03,200 shares while in Harshdeep Hortico IPO retail investors are offered 4,03,200 shares. Qualified Institutional Buyers (QIB) are offered in Docmode Health Technologies IPO and 8,04,000 shares in Harshdeep Hortico IPO.

 Docmode Health Technologies IPOHarshdeep Hortico IPO
Anchor Investor Reserveration12,06,000 shares
Market Maker Reserveration43,200 shares2,16,000 shares
QIB8,04,000 shares
NII4,03,200 shares6,06,000 shares
RII4,03,200 shares14,10,000 shares
Employee
Others
Total8,06,400 shares40,26,000 shares

Bids Received (Subscription)

Docmode Health Technologies IPO subscribed 215.24x in total, whereas Harshdeep Hortico IPO subscribed 131.69x.

 Docmode Health Technologies IPOHarshdeep Hortico IPO
QIB (times)213.53x
NII (times)194.90x181.95x
Big NII (times)
Small NII (times)
RII (times)230.38x98.25x
Employee (times)
Other (times)
Total (times)215.24x131.69x