IPO Ideas logoIPO Ideas
GMPSubscriptionOFS
About Us
Menu

IPO market

  • Current IPOsOpen and live issues
  • Closed IPOsPast issues and listing outcomes
  • Upcoming IPOsNew issues and opening dates
  • IPO CalendarKey dates in chronological order
GMPGrey market premium
SubscriptionBid status by category
OFSOffer for Sale

Unlisted Ideas

Invest in Pre-IPO shares

IPO Ideas

Invest in IPO in just 3 clicks

About Us
  1. IPO
  2. /Modern Diagnostic %2526 Research Centre Limited
IPO Ideas

Follow us on

IPO Ideas is 100% Safe and Secure!

Your Trust, Our Priority

Empowering You with Confidence

Welcome to IPO Ideas— your trusted gateway to IPO bidding and smart investing. We're a passionate team dedicated to making equity investing simpler, faster, and more secure for everyone.

Our mission is to empower retail investors with a user-friendly platform that brings clarity, convenience, and control to the IPO process. From secure bidding to live GMP tracking and allotment updates — everything you need is just a few clicks away.

IPOs
  • Current IPOs
  • Upcoming IPOs
  • Closed IPOs
  • IPO Calendar
Tools
  • GMP
  • OFS
  • Subscription
Products
  • IPO Ideas
  • Unlisted Ideas
Company
  • About Us
  • Customer Service
  • Fraud Awareness
Legal
  • Privacy Policy
  • Terms & Conditions
  • Legal & Regulatory

Advertiser Disclosure

G2RS Verified under Exempt Financial Services Advertiser

We offer two types of advertising on our website: display advertisements related to brokers and IPOs, and affiliate links that redirect users to a stock broker's website.

We have partnerships with brokers, and when you become a client of a broker through our affiliate links, we may receive an affiliate commission. We do not work with individual clients after you click on affiliate links.

We do not provide tips, recommendations, or buy/sell calls. All information published on this website is for educational and knowledge sharing purposes only. Our broker reviews are completely unbiased, and the final choice remains yours.

We provide up-to-date information on IPOs, buybacks, NCDs, SGBs, and rights issues. GMP data is displayed strictly for informational and news purposes only. We do not work with or trade through GMP operators.

COPYRIGHT ©2026 IPO Ideas • All rights reserved

Modern Diagnostic & Research Centre IPO logo

Modern Diagnostic & Research Centre IPO

SME • BSE

—
Listed at
99.5
+10.56%

Modern Diagnostic & Research Centre IPO is a SME IPO. Issue size is 37 Cr. Price band is ₹85 to ₹90 per share. Minimum investment is ₹2.88 L. Lot size is 1600 shares. Open from 31 Dec 2025 to 2 Jan 2026. on 31 Dec 2025. Listing on 31 Dec 2025 at BSE. Lead manager: Beeline Capital Advisors Pvt.Ltd.. Key details for GMP, subscription, price, , and listing in one place.

Official documents:RHP
IPO detailsSubscriptionAllotmentListingPriceReviewsNews

Modern Diagnostic & Research Centre IPO overview

Modern Diagnostic & Research Centre IPO Key figures

Price band, lot, minimum application, and issue window at a glance.

Price band
₹85 to ₹90
Lot size
1600 shares / lot
Min investment
₹2,88,000

Modern Diagnostic & Research Centre IPO progress

Subscription, allotment, refund, share credit, and listing milestones.

Listed
  1. Issue opens

    Subscription opens

    31 Dec 2025

  2. Issue closes

    Last day to apply

    2 Jan 2026

  3. Allotment / Refund / Share credit / Listing

    Allotment status out · Refund initiated · Shares in demat · Trading begins

    31 Dec 2025

Modern Diagnostic & Research Centre IPO lot size

CategoryLotsSharesAmountProfit @ listing
Retail (Min)23,200₹2,88,000+₹30,400
S-HNI (Min)34,800₹4,32,000+₹45,600
S-HNI (UPI)34,800₹4,32,000+₹45,600
S-HNI (Max)69,600₹8,64,000+₹91,200
B-HNI (Min)711,200₹10,08,000+₹1,06,400

Profit based on the official listing price for each investor category.

Cut‑off within the price band is set after book‑building when applicable. SME issues often require at least two lots; mainboard retail typically bids one lot at cut‑off.

About Modern Diagnostic & Research Centre IPO

From the company / RHP narrative.

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

Modern Diagnostic & Research Centre IPO Issue Objective

How the issuer plans to use IPO proceeds.

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

Download the app

Follow the latest IPO & unlisted research on iOS and Android.

Google PlayApp Store

Documents & links

Prospectus, draft filings, and company site open in a new tab.

RHPDHRPCompany website

Issue details

Key details about the issue, including the face value, lot size, and minimum investment.

Issue Type
BB
Face Value
10
Lead Managers
  • Beeline Capital Advisors Pvt.Ltd.
Min Quantity
3,200
Company Promoters(4)
  • Mr. Devendra Singh Yadav
  • Mrs. Deepali Yadav
  • Mrs. Asha Yadav
  • Mr. Jitendra Singh
Website
http://www.mdrcindia.com/
Email
compliance@mdrcindia.com
Phone
9999474297
Address
Plot No H-64,1st Floor BLK-H, Bali Nagar City landmark near Khetar Pal Hospital, Ramesh Nagar, West Delhi West Delhi, New Delhi, 110015

Registrar details

Details about the registrar of the issue.

Registrar Name
MUFG Intime India Private Limited (Link Intime)
Email
ipo.helpdesk@in.mpms.mufg.com
Phone
2249186270
Address
Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai - 400083
Website
https://in.mpms.mufg.com/home.html

Financial performance

Figures from the IPO financial table (₹ Cr). Switch metric to compare years.

Modern Diagnostic & Research Centre IPO

Loading chart…

Modern Diagnostic & Research Centre IPO Ratings & reviews

Community ratings and reviews — not financial advice.

No ratings yet — be the first to share your experience.

Allocation breakdown

Reserved portion of the issue by investor category (break data).

Loading chart…
  • Market maker
    4.8%
  • QIB
    45.1%
  • NII
    1.8%
  • Retail
    31.7%

Modern Diagnostic & Research Centre IPO FAQs

A quick overview of key terms, dates, and how to track this IPO.

What is Modern Diagnostic & Research Centre IPO?

Modern Diagnostic & Research Centre IPO is a public issue where the company offers its shares to investors through the stock , allowing retail, HNI, and institutional participation.

What is the IPO price band of Modern Diagnostic & Research Centre IPO?

The IPO price band of Modern Diagnostic & Research Centre IPO is ₹₹85 to ₹90 per share, as mentioned in the issue details.

What is the minimum investment required for Modern Diagnostic & Research Centre IPO?

The minimum investment in Modern Diagnostic & Research Centre IPO is ₹2,88,000, based on the applicable lot size for retail investors.

What is the lot size of Modern Diagnostic & Research Centre IPO?

The lot size of Modern Diagnostic & Research Centre IPO is 1600 shares per lot, and applications must be made in multiples of this lot size.

What are the opening and closing dates of Modern Diagnostic & Research Centre IPO?

Modern Diagnostic & Research Centre IPO opens on 31 Dec 2025 and closes on 2 Jan 2026, as per the announced schedule.

What is Modern Diagnostic & Research Centre IPO subscription status?

Modern Diagnostic & Research Centre IPO subscription status shows the level of demand across retail, HNI, and institutional investor categories during the issue period.

What is Modern Diagnostic & Research Centre IPO GMP today?

Modern Diagnostic & Research Centre IPO GMP (Grey Market Premium) today is around ₹TBA, reflecting current grey market activity before listing.

Is Modern Diagnostic & Research Centre IPO GMP positive or negative?

Modern Diagnostic & Research Centre IPO GMP is currently subject to change, based on prevailing grey market trends. GMP may change over time.

What does Modern Diagnostic & Research Centre IPO GMP indicate for listing?

A positive Modern Diagnostic & Research Centre IPO GMP may indicate market interest ahead of listing, while actual listing performance depends on subscription response and market conditions.

When is Modern Diagnostic & Research Centre IPO listing date?

The expected listing date of Modern Diagnostic & Research Centre IPO is 31 Dec 2025, subject to completion of the process.

Where can I check Modern Diagnostic & Research Centre IPO allotment status?

Modern Diagnostic & Research Centre IPO status can be checked online once the process is completed using application or PAN details.

Can Modern Diagnostic & Research Centre IPO subscription and GMP change before listing?

Yes, Modern Diagnostic & Research Centre IPO subscription figures and GMP may change during the issue period and before listing based on market activity.