Modern Diagnostic and Research Centre IPO
Modern Diagnostic and Research Centre IPO is a book built issue of ₹40,99,200 crores. The subscription opens on 31 Dec '25 and closes on 02 Jan '26, with the basis of allotment expected to be finalised on 05 Jan '26. The shares are scheduled to list on BSE with a tentative listing date fixed for 07 Jan '26. The price band is set at ₹85 to ₹90 per share with a minimum lot size of 1,600 shares.
Free Demat with Zero AMC*
Modern Diagnostic and Research Centre IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 20,49,600 crores |
| Non-Institutional Investors (NIIs) | 15% | 6,14,880 crores |
| Retail Individual Investors (RIIs) | 35% | 14,34,720 crores |
About Modern Diagnostic and Research Centre Ltd 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
Modern Diagnostic and Research Centre IPO Strengths & Weaknesses
No Data Found
Modern Diagnostic and Research Centre IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹0 per share |
| Total Issue Size | 40,99,200 shares (aggregating up to ₹2,88,000 crores) |
| Fresh Issue | NaN shares (aggregating up to To be announced) |
| Offer for Sale | NaN shares of ₹0 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
Modern Diagnostic and Research Centre IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Modern Diagnostic and Research Centre ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Modern Diagnostic and Research Centre IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Modern Diagnostic and Research Centre Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
