Modern Diagnostic & Research Centre Limited IPO
BBSMEBSEListed
Listed at
99.5
+10.56%
Modern Diagnostic & Research Centre Limited IPO is a SME book building 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. Allotment on 31 Dec 2025. Listing on 31 Dec 2025 at BSE. Managed by Beeline Capital Advisors Pvt.Ltd. Registrar: MUFG Intime India Private Limited (Link Intime). Key details for GMP, subscription, price, allotment, and listing in one place.
Modern Diagnostic & Research Centre Limited IPO overview
Modern Diagnostic & Research Centre Limited 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
Issue open – close
31 Dec 2025 → 2 Jan 2026
Modern Diagnostic & Research Centre Limited IPO important dates
Issue Opens
31 Dec 2025
Issue Closes
2 Jan 2026
Allotment
31 Dec 2025
Listing
31 Dec 2025
Modern Diagnostic & Research Centre Limited IPO lot size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,88,000 |
| S-HNI (Min) | 3 | 4,800 | ₹4,32,000 |
| S-HNI (UPI) | 3 | 4,800 | ₹4,32,000 |
| S-HNI (Max) | 6 | 9,600 | ₹8,64,000 |
| B-HNI (Min) | 7 | 11,200 | ₹10,08,000 |
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.
Quick Profit Calculator for Modern Diagnostic & Research Centre Limited IPO
Pre-filled: Issue Price = ₹90, Lot Size = 1,600 shares, Listing Price = ₹99.5
| Category | Lots | Investment | At listing | Profit |
|---|---|---|---|---|
| Retail (Min) | 2 | ₹2,88,000 | ₹100 | +₹30,400 |
| S-HNI (Min) | 3 | ₹4,32,000 | ₹100 | +₹45,600 |
| S-HNI (UPI) | 3 | ₹4,32,000 | ₹100 | +₹45,600 |
| S-HNI (Max) | 6 | ₹8,64,000 | ₹100 | +₹91,200 |
| B-HNI (Min) | 7 | ₹10,08,000 | ₹100 | +₹1,06,400 |
Profit based on the official listing price for each investor category.
About Modern Diagnostic & Research Centre Limited 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 Limited 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
Modern Diagnostic & Research Centre Limited IPO FAQs
A quick overview of key terms, dates, and how to track this IPO.
What is Modern Diagnostic & Research Centre Limited IPO?
Modern Diagnostic & Research Centre Limited IPO is a public issue where the company offers its shares to investors through the stock exchange, allowing retail, HNI, and institutional participation.
What is the IPO price band of Modern Diagnostic & Research Centre Limited IPO?
The IPO price band of Modern Diagnostic & Research Centre Limited IPO is ₹₹85 to ₹90 per share, as mentioned in the issue details.
What is the minimum investment required for Modern Diagnostic & Research Centre Limited IPO?
The minimum investment in Modern Diagnostic & Research Centre Limited IPO is ₹2,88,000, based on the applicable lot size for retail investors.
What is the lot size of Modern Diagnostic & Research Centre Limited IPO?
The lot size of Modern Diagnostic & Research Centre Limited 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 Limited IPO?
Modern Diagnostic & Research Centre Limited IPO opens on 31 Dec 2025 and closes on 2 Jan 2026, as per the announced schedule.
What is Modern Diagnostic & Research Centre Limited IPO subscription status?
Modern Diagnostic & Research Centre Limited 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 Limited IPO GMP today?
Modern Diagnostic & Research Centre Limited IPO GMP (Grey Market Premium) today is around ₹TBA, reflecting current grey market activity before listing.
Is Modern Diagnostic & Research Centre Limited IPO GMP positive or negative?
Modern Diagnostic & Research Centre Limited IPO GMP is currently subject to change, based on prevailing grey market trends. GMP may change over time.
What does Modern Diagnostic & Research Centre Limited IPO GMP indicate for listing?
A positive Modern Diagnostic & Research Centre Limited 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 Limited IPO listing date?
The expected listing date of Modern Diagnostic & Research Centre Limited IPO is 31 Dec 2025, subject to completion of the allotment process.
Where can I check Modern Diagnostic & Research Centre Limited IPO allotment status?
Modern Diagnostic & Research Centre Limited IPO allotment status can be checked online once the allotment process is completed using application or PAN details.
Can Modern Diagnostic & Research Centre Limited IPO subscription and GMP change before listing?
Yes, Modern Diagnostic & Research Centre Limited IPO subscription figures and GMP may change during the issue period and before listing based on market activity.
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