Modern Diagnostic & Research Centre IPO

Incorporated in 1985, Modern Diagnostic & Research Centre Limited (MDRC) is a diagnostic chain in India, offering a comprehensive range of pathology and radiology services. The company provides reliable diagnostic tests, home specimen collection, online reports, and customized test packages for institutional customers and patients based on their specific needs. The company operates 21 centers (18 labs, 3 diagnostic centers) across 8 states, offering diagnostic services like ultrasound, CT, MRI, X-ray, ECG, PFT, and specialized labs for heart and neuro care. Services: Pathology:MDRC provides a wide array of tests, including high-end molecular diagnostics, cytogenetics, and specialized panels for genetic disorders and cancer. Radiology:The centre offers advanced imaging services such as MRI, CT scans, ultrasound, and digital X-rays, utilizing state-of-the-art equipment like a 3-Tesla MRI machine and a 128-slice CT scanner. Home Sample Collection:MDRC offers home blood sample collection services in several cities, providing convenience for patients unable to visit the centre. Competitive Strengths: Experienced Promoter and Management Team Comprehensive diagnostics provider delivering all-in-one solution at cost-effective prices Focus on quality and customer service Centralized information technology platform

Funding capital expenditure for purchase of medical Equipments for diagnostic centre and laboratories Funding Working Capital Requirement Repayment of certain outstanding borrowings availed by the Company General Corporate Expenses