The public offer of Docmode Health Technologies received a bumper response from investors with an overall subscription of 215 times. Post the successful IPO, the company is likely to finalise the IPO allotment today. Investors can check the status of Docmode Health Technologies IPO allotment by logging in to the official website of the registrar, which is Bigshare Services in this case.

Follow the step by step process mentioned below to check the status of allotment.

Step 1: Visit the IPO Allotment Status page on Bigshare Services website (https://ipo.bigshareonline.com/IPO_Status.html)

Step 2: Select IPO from the dropdown

Step 3: Put Application number and enter captcha and ‘Submit’.

Read more: Gabriel Pet Straps IPO: Check issue size, price band and other details

Docmode Health Technologies GMP

In the unlisted market, shares of Docmode Health Technologies are commanding a premium of Rs 28, compared with an issue price of Rs 79. If the trends sustain, the stock is expected to fetch listing gains of 35%, when it debuts on the NSE SME platform on February 2.

The company is engaged in the business of offering integrated learning solutions through an online platform to doctors, physicians, surgeons and allied healthcare professionals such as dieticians, physiotherapist, nurses, technicians and paramedics across the world, spanning the education value chain.

Its online courses content is reviewed and presented by a dedicated in-house content development team or by medical institutions and medical associations (medical professional bodies) and subject matter experts/key opinion leaders who are focused to effectively transfer knowledge, as well as communicate and network with each other through our learning and professional networking platform.

Read more: delaPlex IPO allotment: Check status, issue timeline, GMP, other details

For the period ended September 2023, the company clocked revenues of Rs 22.36 crore and net profit of Rs 1.36 crore.

The net proceeds from the public offer will be used for purchase of IT infrastructure, operating system and services, working capital requirements and general corporate purposes.

(You can now subscribe to our ETMarkets WhatsApp channel)

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

(You can now subscribe to our ETMarkets WhatsApp channel)

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice, Budget 2024 News Budget 2024 Live Updates on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price


Source link