Docmode Health Technologies Limited IPO

Docmode Health Technologies Limited IPO

  • IPO Date25 Jan, 2024 to 30 Jan, 2024
  • Listing Date02 Feb, 2024
  • Face Value₹10 per share
  • Issue Price79 to ₹79 per share
  • Lot Size1600 Shares
  • Minimum Investment₹1,26,400
  • Listing AtNSE SME
  • Total Issue Size8,49,600 Shares
    (aggregating up to ₹6.71 Cr)
  • Fresh Issue8,49,600 Shares
    (aggregating up to ₹6.71 Cr)
  • Offer for Sale-
  • Issue TypeFixed Price Issue IPO
  • Share holding pre issue22,93,200
  • Shareholding post issue31,42,800
IPO Dates

Closing Date

30 Jan, 2024

Initiation of Refunds

01 Feb, 2024

Listing Date

02 Feb, 2024

25 Jan, 2024

Opening Date

31 Jan, 2024

Basis of Allotment

01 Feb, 2024

Credit of Shares

UPI Mandate Expiry Date:30 Jan, 2024

Docmode Health Technologies Limited Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (Min)116001,26,400
Retail (Max)116001,26,400
HNI (Min)232002,52,800

Docmode Health Technologies Limited Promoter Holding

Paulson Paul Thazhathedath and Hans Albert Lewis are the promoters of the company.

Pre Issue Share HoldingPost Issue Share Holding
65.02%47.44%

Docmode Health Technologies Limited COMPANY INFORMATION

Docmode Health Technologies IPO is a fixed price issue of Rs 6.71 crores. The issue is entirely a fresh issue of 8.5 lakh shares. Docmode Health Technologies IPO bidding opened for subscription on January 25, 2024 and will close on January 30, 2024. The allotment for the Docmode Health Technologies IPO is expected to be finalized on Wednesday, January 31, 2024. Docmode Health Technologies IPO will list on NSE SME with tentative listing date fixed as Friday, February 2, 2024. Docmode Health Technologies IPO price is ₹79 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹126,400. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹252,800. Fedex Securities Pvt Ltd is the book running lead manager of the Docmode Health Technologies IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Docmode Health Technologies IPO is Rikhav Securities. Refer to Docmode Health Technologies IPO RHP for detailed information.

Docmode Health Technologies Limited was founded in 2017 and provides integrated learning solutions for healthcare professionals and learners worldwide through online and offline learning models.

The company's offline learning modules include conferences and workshops, while the online modules include courses developed by the company's content development team or by medical institutions and medical associations (medical professional organizations) and experts/opinion leaders.

The company also provides a platform for interprofessional, cross-sector learning through panel discussions and courses, and users can utilize its performance assessment tools to improve their clinical acumen in daily medical practice.

The company offers a total of 87 certificate programs and is affiliated with over 35 medical associations and universities around the world. The list of services includes:

  • DocMode LERN
  • DocMode SURE
  • DocMode KNOW
  • DocMode CARE
  • DocMode SHOP (previously called STORE)

As at December 31, 2023, the company had a total of 66 employees.

FAQs About Docmode Health Technologies Limited Ipo

Docmode Health Technologies Limited IPO will open on 25 Jan, 2024 and close on 30 Jan, 2024. Investors must apply within this period to participate.

The Docmode Health Technologies Limited IPO price band is set between ₹79.00 and ₹79.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹126400.00.

The Docmode Health Technologies Limited IPO shares are expected to be listed on 02 Feb, 2024, subject to regulatory approvals and final allotment.

You can track your Docmode Health Technologies Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID

The Docmode Health Technologies Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.