Docmode Health Technologies Ltd. has announced public offering of 849600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 69.00 per share. The gross proceeds of the issue are expected to be Rs 671.18 lakhs.
The company's initial public offer (IPO) will open on 25 January 2024 and is expected to close on 30 January 2024, subject to customary closing conditions.
The IPO includes a fresh Issue of 849600 Equity Shares of the Company at an price of Rs 79.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.
Docmode Health Technologies Ltd. anticipates using the proceeds of the issue for .
Fedex Securities Private Limited as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.