Docmode Health Technologies IPO vs Megatherm Induction IPO

Comparision between Docmode Health Technologies IPO and Megatherm Induction IPO.

IPO Details

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

	Docmode Health Technologies IPO	Megatherm Induction IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Fedex Securities Pvt Ltd	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Rikhav Securities Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Docmode Health Technologies IPO is up to ₹6.71 Cr whereas the issue size of the Megatherm Induction IPO is up to ₹53.91 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 IPO	Megatherm 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)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	8,49,600 shares	49,92,000 shares
Fresh Issue Size (Amount)	up to ₹6.71 Cr	up to ₹53.91 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	8,49,600 shares	49,92,000 shares
Issue Size Total (Amount)	up to ₹6.71 Cr	up to ₹53.91 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 IPO	Megatherm Induction IPO
Anchor Bid Date		Jan 25, 2024
Issue Open	Jan 25, 2024	Jan 29, 2024
Issue Close	Jan 30, 2024	Jan 31, 2024
Basis Of Allotment (Tentative)	Jan 31, 2024	Feb 01, 2024
Initiation of Refunds (Tentative)	Feb 01, 2024	Feb 02, 2024
Credit of Share (Tentative)	Feb 01, 2024	Feb 02, 2024
Listing date (Tentative)	Feb 02, 2024	Feb 05, 2024
Anchor Lockin End date 1	Mar 01, 2024	Mar 02, 2024
Anchor Lockin End date 2	Apr 30, 2024	May 01, 2024

Financials

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 IPO

Megatherm Induction IPO

Financial

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 Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,764.25	1,700.88	1,008.36	567.26
Revenue	2,366.70	3,297.42	1,243.76	710.46
Profit After Tax	136.01	194.82	92.20	55.33
Net Worth	483.55	347.53	138.71	46.52
Reserves and Surplus	254.23	118.21	137.71	45.52
Total Borrowing	811.08	847.95	483.86	105.62
Amount in ₹ Lakhs

Megatherm Induction Limited Financial Information (Restated)

Megatherm Induction Limited's revenue increased by 41.37% and profit after tax (PAT) rose by 1171.94% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	21,040.28	19,197.87	17,262.76	14,645.06
Revenue	14,732.31	26,643.84	18,846.92	10,927.03
Profit After Tax	759.34	1,400.41	110.10	309.12
Net Worth	5,821.98	5,062.64	3,662.23	3,512.13
Reserves and Surplus	4,437.11	4,139.39	2,738.98	2,598.88
Total Borrowing	4,480.46	4,282.04	4,038.80	4,327.04
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

65.02%

98.92%

Promoter Shareholding (Post-Issue)

47.44%

72.71%

P/E Ratio

9.3

10.68

Market Cap

₹24.83 Cr.

₹203.48 Cr.

ROE

80.03%%

27.66%%

ROCE

22.46%%

27.47%%

Debt/Equity

2.44

1.67

EPS

₹8.50

₹10.11

RoNW

56.06%%

27.66%%

Shares Offered

In the Docmode Health Technologies IPO retail 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 0 shares in Docmode Health Technologies IPO and 9,48,000 shares in Megatherm Induction IPO.

	Docmode Health Technologies IPO	Megatherm Induction IPO
Anchor Investor Reserveration		14,22,000 shares
Market Maker Reserveration	43,200 shares	2,50,800 shares
QIB	0 shares	9,48,000 shares
NII	4,03,200 shares	7,11,600 shares
RII	4,03,200 shares	16,59,600 shares
Employee	0 shares	0 shares
Others
Total	8,06,400 shares	33,19,200 shares

Bids Received (Subscription)

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

	Docmode Health Technologies IPO	Megatherm Induction IPO
QIB (times)		105.14x
NII (times)	194.90x	307.04x
Big NII (times)
Small NII (times)
RII (times)	230.38x	200.51x
Employee (times)
Other (times)
Total (times)	215.24x	196.11x

Compare with others

Docmode Health Technologies IPO	Megatherm Induction IPO
WTI Cabs IPO	Italian Edibles IPO
Alpex Solar IPO	Gabriel Pet Straps IPO
Italian Edibles IPO	Mayank Cattle Food IPO
Gabriel Pet Straps IPO	Docmode Health Technologies IPO
Mayank Cattle Food IPO	Harshdeep Hortico IPO
Harshdeep Hortico IPO	DelaPlex IPO
Megatherm Induction IPO	Baweja Studios IPO
DelaPlex IPO	Fonebook IPO
Baweja Studios IPO	Brisk Technovision IPO
Fonebook IPO	Qualitek Labs IPO

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