Modern Diagnostic & Research Centre IPO
Modern Diagnostic & Research Centre is a BSE SME IPO listed on the BSE SME platform, priced at ₹85–₹90 per share. The stock debuted at ₹99.5, delivering a listing gain of 10.6%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹2,88,000.
Modern Diagnostic & Research Centre Limited IPO
- IPO Dates
- Dec 31, 2025 – Jan 2, 2026
- Price band
- ₹85-90 per equity share
- Minimum Investment
- ₹2,88,000
- Issue size
- ₹36.89 Cr
- Lot size
- 1600
- Allotment Date
- Jan 5, 2026
- Listing
- Jan 7, 2026
- Listing At
- BSE SME
IPO timeline
-
Dec 31, 2025
Open Date
Completed
-
Jan 2, 2026
Close Date
Completed
-
Jan 5, 2026
Allotment Date
Completed
-
Jan 7, 2026
Listing Date
Completed
Modern Diagnostic & Research Centre IPO Subscription Details
View Subscription DetailsModern Diagnostic & Research Centre IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Modern Diagnostic & Research Centre IPO Essentials
Modern Diagnostic & Research Centre IPO Details
Modern Diagnostic & Research Centre IPO is priced at ₹85-90 per share with a total issue size of 36.89 crore. The IPO has a lot size of 1600 shares and is listed on BSE SME.
- Issue price
- ₹85-90 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 40,99,200 shares(agg. up to ₹36.89 Cr)
- Total issue size
- 40,99,200 shares
(aggregating up to ₹36.89 crore) - Fresh issue
- 40,99,200 shares
(aggregating up to ₹36.89 crore) - Listing at
- BSE SME
- List price
- 99.5
- Listing date
- Registrar
- MUFG Intime India Pvt.Ltd.
- Lead manager
-
Beeline Capital Advisors Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 3200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 3200 | ₹2,88,000 |
| Individual(max) | 2 | 3200 | ₹2,88,000 |
| sHNI(min) | 3 | 4800 | ₹4,32,000 |
| sHNI(max) | 6 | 9600 | ₹8,64,000 |
| sHNI(min) | 7 | 11200 | ₹10,08,000 |
Modern Diagnostic & Research Centre IPO Reservation
Modern Diagnostic & Research Centre IPO reservation details show category-wise allocation of shares. Out of the total 4099200 shares, approximately 19.09% are reserved for QIB, 14.29% for NII, 33.26% for retail investors, 5.04% for market maker, and 28.34% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1161600 (28.34%) | |
| Market Maker Shares Offered | 206400 (5.04%) | |
| QIB Shares Offered | 782400 (19.09%) | |
| NII (HNI) Shares Offered | 585600 (14.29%) | |
| bHNI > ₹10L | 390400 (9.39%) | 81 |
| sHNI < ₹10L | 195200 (4.85%) | 41 |
| Individual Shares Offered | 1363200 (33.26%) | 426 |
| Total Shares Offered | 4099200 (100%) |
Modern Diagnostic & Research Centre IPO Analytics
Modern Diagnostic & Research Centre IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Modern Diagnostic & Research Centre IPO Subscription Status
Modern Diagnostic & Research Centre IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 376.97x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 7,82,400 |
5,85,600
3,90,400
1,95,200
|
13,63,200 | 27,31,200 |
|
Day 1
31-12-25 05:00 PM
|
4.01 x |
9.42x
11.86x
4.56x
|
5.51 x | 5.92 x |
|
Day 2
01-01-26 05:00 PM
|
8.94 x |
53.57x
64.47x
31.77x
|
33.85 x | 30.94 x |
|
Day 3
02-01-26 05:00 PM
|
193.51 x |
702.43x
863.37x
380.57x
|
342.46 x | 376.97 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 189518 (Approx) | 354.68x | 360.76x | 342.46x |
Modern Diagnostic & Research Centre Valuations
Earnings
- EPS Pre IPO
- ₹8.15/-
- EPS Post IPO
- ₹7.94/-
- P/E Pre IPO
- 11.04
- P/E Post IPO
- 11.33
Returns
- ROE
- 55.21%
- ROCE
- 36.18%
- RoNW
- 43.27%
- PAT Margin
- 11.51%
Fundamentals
- Debt / Equity
- 1.07
- Price / Book
- 4.78
- Market Cap
- 135.89 Cr.
Modern Diagnostic & Research Centre Financials( In Crs.)
| 30-Jun-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 77.86 | 64.57 | 49.49 | 36.54 |
| Revenue | 22.67 | 78.80 | 68.67 | 56.61 |
| Profit After Tax | 3.00 | 8.97 | 5.79 | -5.73 |
| Net Worth | 23.72 | 20.73 | 11.76 | 5.96 |
| Reserves & Surplus | 12.72 | 9.73 | 10.76 | 4.96 |
| Total Borrowing | 30.38 | 22.09 | 20.46 | 15.31 |
Modern Diagnostic & Research Centre Company & Offer Insights
About Modern Diagnostic & Research Centre
Incorporated in 1985, Modern Diagnostic & Research Centre Limited (MDRC) is an Indian diagnostic chain offering diverse services in pathology, radiology, and other related fields.The firm offers credible diagnostic tests, home sample collection services, web-based reporting, and tailored test packages to institutions as well as clients according to their requirements.
The organization has 21 centers (18 labs and 3 diagnostic centers) in 8 states with the provision of diagnostic services in ultrasound, CT scan, MRI scan, X-ray, ECG, PFT, and heart and neurological specialties labs.
Services:
Pathology:MDRC offers a broad range of tests that include high-end molecular, cytogenetics, and focused panels for genetic diseases and neoplasms.
Radiology: The facility provides modern imaging services including MRI, CT scans, ultrasound, and digital X-rays, employing cutting-edge technology such as a 3-Tesla MRI machine and a 128-slice CT scanner. Home Sample Collection: The MDRC has a home blood sample collection facility available in a number of cities, allowing patients to save time as they do not need to come to the centre themselves.
Modern Diagnostic & Research Centre Promoter(s)
Mr. Devendra Singh Yadav, Mrs. Deepali Yadav, Mrs. Asha Yadav, Mr. Jitendra Singh are the company's promoters of Modern Diagnostic & Research Centre.
Modern Diagnostic & Research Centre IPO Issue Objectives
- •
- 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
Contact Information
Contact Details
Modern Diagnostic & Research Centre
9999474297
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 Contact Details
MUFG Intime India Private Limited (Link Intime)
+91-22-4918 6270
Frequently Asked Questions
Click any question to reveal the answer
Modern Diagnostic & Research Centre IPO is a book-built IPO worth ₹36.89 crore. The price band is ₹85–₹90 per share. The IPO opens on Dec 31, 2025 and closes on Jan 2, 2026. It will be listed on BSE SME Platform. MUFG Intime India Pvt. Ltd. is the registrar.
The price band of Modern Diagnostic & Research Centre IPO is ₹85 to ₹90 per share.
The lot size of Modern Diagnostic & Research Centre IPO is 1600 shares.
The minimum investment for Modern Diagnostic & Research Centre IPO is approximately ₹2,88,000 based on the upper price band .
Modern Diagnostic & Research Centre IPO opens on Dec 31, 2025 and closes on Jan 2, 2026.
The allotment date of Modern Diagnostic & Research Centre IPO is Jan 5, 2026.
Modern Diagnostic & Research Centre IPO is expected to be listed on Jan 7, 2026, on BSE SME Platform.
Modern Diagnostic & Research Centre IPO valuation snapshot: P/E 11.33, EPS ₹7.94/-, P/B 4.78, RoNW 43.27%, and market cap 135.89 Cr.
To apply for Modern Diagnostic & Research Centre IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Modern Diagnostic & Research Centre IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Modern Diagnostic & Research Centre IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Modern Diagnostic & Research Centre IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Modern Diagnostic & Research Centre IPO allotment status on IPO Ji for quick and easy access.