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 current subscription status of Docmode Health Technologies Limited IPO?

Docmode Health Technologies Limited IPO has received a total subscription of 212.69 times overall.

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

212.69x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

195.01x

High Net-Worth

Retail (RII)

230.38x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 212.69x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	403,200	78,628,800	195.01x
RETAIL	403,200	92,888,000	230.38x
Total	806,400	171,516,800	212.69x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 229.10x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	186	42,851	230.38x
HNIs (10L +)	1	195	195.01x
HNIs (2-10L)	6	1,170	195.01x
Total Applications	193	44,216	229.10x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 (GMP) for Docmode Health Technologies Limited IPO is ₹45 per equity share. Based on the upper price band of ₹79 to ₹79 per equity share, the estimated listing price is ₹124 (+57.0% expected listing 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, the expected profit per application lot is approx ₹72,000 (+57.0% gain). Minimum application cost is approx ₹1,26,400.

What is the issue size and price band for Docmode Health Technologies Limited IPO?

The Docmode Health Technologies Limited IPO aggregate issue size is ₹6.71 Crores with an equity price band set at ₹79 to ₹79 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,26,400.

How can I check Docmode Health Technologies Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 212.69x (Retail: 230.38x, QIB: 0.00x, NII: 195.01x). You can track live multiples directly on our dedicated subscription page.

Where and when will Docmode Health Technologies Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-01-31. Investors can verify status using PAN card or application number.

When is the listing date for Docmode Health Technologies Limited IPO?

Docmode Health Technologies Limited shares are scheduled to list on NSE on 2024-02-02.