Modern Diagnostic & Research Centre – IPO
Modern Diagnostic & Research Centre – IPO Details
| IPO Date | December 31, 2025 to January 2, 2026 |
| Listing Date | January 7, 2026 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 85 to ₹ 90 / Share |
| Lot Size | 1600 Shares |
| Total Issue Size | 40,99,200 shares (Aggregating up to ₹37 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,10,00,000 shares |
| Share holding post issue | 1,50,99,200 shares |
| Market Maker portion |
Modern Diagnostic & Research Centre Timeline (Tentative Schedule)
Modern Diagnostic & Research Centre IPO opens on December 31, 2025, and closes on January 2, 2026.
| IPO Open Date | December 31, 2025 |
| IPO Close Date | January 2, 2026 |
| Basis of Allotment | January 5, 2026 |
| Initiation of Refunds | January 6, 2026 |
| Credit of Shares to Demat | January 6, 2026 |
| Listing Date | January 7, 2026 |
| Cut-off time for UPI mandate confirmation | -- |
Modern Diagnostic & Research Centre IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | Rs.288,000 |
| Retail (Max) | 2 | 3,200 | Rs.288,000 |
| S-HNI (Min) | 3 | 4,800 | Rs.432,000 |
| S-HNI (Max) | 6 | 9,600 | Rs.864,000 |
| B-HNI (Min) | 7 | 11,200 | Rs.1,008,000 |
| HNI (Min) |
Modern Diagnostic & Research Centre IPO Promoter Holding
| Share Holding Pre Issue | 99.99% |
| Share Holding Post Issue | 72.85% |
Modern Diagnostic & Research Centre IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% |
|
| NII (HNI) Shares Offered | Not less than 15% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
Modern Diagnostic & Research Centre IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Modern Diagnostic & Research Centre
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 (17 labs, 4 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.
As on February 28, 2025, the company has total 570 Employees including Consultants and doctors.
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
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 65.40% |
| ROCE | 25.58% |
| Debt/Equity | 1.74 |
| RoNW | 49.28% |
| P/BV | |
| PAT Margin (%) | 8.63% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ||
| P/E (x) |
Objects of the Issue (Modern Diagnostic & Research Centre IPO Objectives)
Modern Diagnostic & Research Centre Contact Details
Modern Diagnostic & Research Centre Ltd Plot No H-64,1st Floor BLK-H, |
Modern Diagnostic & Research Centre IPO Registrar
MUFG Intime India Pvt.Ltd.
|