What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Docmode Health Technologies Limited IPO?

Based on the upper price band of ₹79 and current GMP of ₹45, the estimated listing price is ₹124 (approx. 57.0% gain).

What is the expected profit per lot for Docmode Health Technologies Limited IPO?

With a lot size of 1600 shares and current GMP of ₹45, expected profit per retail application lot is approximately ₹72,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Docmode Health Technologies Limited

ListedSME

Emerging SME Services · NSE

Docmode Health Technologies Limited, established in 2017, provides integrated learning solutions for healthcare professionals worldwide through both online and offline models. Its offline learning includes conferences and workshops, while the online modules feature courses developed in collaboration with medical institutions, associations, and experts. The platform facilitates interprofessional, cross-sector learning through panel discussions and courses, alongside performance assessment tools to enhance clinical acumen. With 87 certificate programs and affiliations with over 35 medical associations and universities, the company offers services such as DocMode LERN, DocMode SURE, DocMode KNOW, DocMode CARE, and DocMode SHOP (formerly STORE). As of December 31, 2023, Docmode Health Technologies employed 66 individuals.

Price Band

₹79

Issue Size

₹6.71 Cr

Lot Size

1600 shares

GMP

₹45

+57.0%

Est. Listing

₹124

at current GMP

Subscribed

212.69x

overall

Open

25 Jan 2024

30 Jan 2024

Allotment

31 Jan 2024

Refund

1 Feb 2024

Demat Credit

2 Feb 2024

Listing

2 Feb 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Docmode Health Technologies Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹45+57.0%

Issue Price (Upper)

₹79

Band: ₹79

Estimated Listing Price

₹124

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,26,400

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹45	57.0%	₹124
30 Oct 2026	+₹45	57.0%	₹124
29 Oct 2026	+₹41	51.3%	₹120

About Docmode Health Technologies Limited Public Issue & Market Profile

Docmode Health Technologies Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹6.71 Crores. The shares are offered at a price band of ₹79 to ₹79 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2024-01-30, the basis of allotment is scheduled to be finalized on 2024-01-31. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Docmode Health Technologies Limited IPO GMP today?

The latest grey market premium for Docmode Health Technologies Limited IPO is ₹45, which indicates an expected listing price of ₹124.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.