Modern Diagnostic & Research Centre Ltd

Modern Diagnostic & Research Centre Ltd IPO

Modern Diagnostic & Research Centre Ltd IPO Price Range is ₹85 - ₹90, with a minimum investment of ₹2,88,000 for 3200 shares per lot.

Subscription Rate

350.49x

as on 02 Jan 2026, 08:13PM IST

Minimum Investment

₹2,88,000

/ 3200 shares

IPO Status

Closed

Price Band

₹85 - ₹90

Bidding Dates

Dec 31, 2025 - Jan 2, 2026

Issue Size

₹36.89 Cr

Lot Size

1600 shares

Min Investment

₹2,88,000

Listing Exchange

BSE

Modern Diagnostic & Research Centre Ltd IPO Application Timeline

passed
Open Date31 Dec 2025
passed
Close Date2 Jan 2026
passed
Allotment Date5 Jan 2026
passed
Listing Date7 Jan 2026

IPO Subscription Status

as on 02 Jan 2026, 08:13PM IST

IPO subscribed over

🚀 350.49x

This IPO has been subscribed by 342.462x in the retail category and 193.507x in the QIB category.

Subscription Rate

Total Subscription350.49x
Retail Individual Investors342.462x
Qualified Institutional Buyers193.507x
Non Institutional Investors519.376x

Strengths and Risks

Strengths

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.


Risks

Risks

  • Any interruptions at its laboratories and diagnostic centres may affect the companys ability to process diagnostic tests, which in turn may adversely affect its business, results of operations and financial condition.

  • The companys business and prospects may be adversely affected if the company is unable to maintain and grow its brand name and brand image.

  • Majority of the companys operations are concentrated in state of Haryana and any adverse developments affecting Haryana could have an adverse effect on its business, results of operations and financial condition.

  • The company has certain outstanding litigation against us, an adverse outcome of which may adversely affect its business, reputation and results of operations.

  • There may be significant dependence on key diagnostic equipment and core technology infrastructure, the failures of which could result in serious service disruptions.

  • The companys heavy reliance on pathology services as the primary revenue driver presents significant risks that could negatively impact its operations, financial performance, and long-term growth prospects.

  • Failures to attract and retain skilled healthcare professionals and experienced technical staff may lead to compromised diagnostic service quality and negatively impact patient care delivery.

  • The company has experienced negative cash flows in the past. Any such negative cash flows in the future could affect its business,results of operations and prospects.

  • Our Restated Financial Statements are prepared and signed by the Peer Review Auditor who is not Statutory Auditor of our Company as required under the provisions of ICDR.

  • Our Company has incurred losses in last two financial years as per Restated Financial Statements, which may impact our financial performance.

How to Apply for Modern Diagnostic & Research Centre Ltd IPO on INDmoney

  1. Download the INDmoney app and complete your KYC.
  2. Go to INDstocks → IPO, or just search “IPO”.
  3. Tap on Modern Diagnostic & Research Centre Ltd IPO from the list of live IPOs.
  4. View key details like price band, lot size, and dates.
  5. Tap Apply Now and choose your number of lots.
  6. Use INDpay UPI for instant mandate tracking.
  7. Your funds will be blocked until the share allotment is finalized.

About Modern Diagnostic & Research Centre Ltd

The Company is a services provider in diagnostic and related healthcare tests services in India. It offers a one-stop solution for pathology and radiology testing services such as imaging (including radiology), pathology/clinical laboratory. Through its integrated, nationwide network, the company offers a complete range of diagnostic facilities in radiology and pathology. The Company provides healthcare tests and services for use in core testing, patients diagnosis and prevention, monitoring of disease and other health conditions. Its customers include individual patients, hospitals and other healthcare providers and corporate customers.

Frequently Asked Questions of Modern Diagnostic & Research Centre Ltd IPO

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

The size of the Modern Diagnostic & Research Centre Ltd IPO is ₹36.89 Cr.

What is the allotment date of the Modern Diagnostic & Research Centre Ltd IPO?

Modern Diagnostic & Research Centre Ltd IPO allotment date is Jan 5, 2026 (tentative).

What are the open and close dates of the Modern Diagnostic & Research Centre Ltd IPO?

The Modern Diagnostic & Research Centre Ltd IPO will open on Dec 31, 2025 and close on Jan 2, 2026

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

The lot size for the Modern Diagnostic & Research Centre Ltd IPO is 1600.

When will my Modern Diagnostic & Research Centre Ltd IPO order be placed?

Your Modern Diagnostic & Research Centre Ltd IPO order will be placed on Dec 31, 2025

Can we invest in Modern Diagnostic & Research Centre Ltd IPO?

Yes, once Modern Diagnostic & Research Centre Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Modern Diagnostic & Research Centre Ltd IPO?

The potential listing gains on the Modern Diagnostic & Research Centre Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Modern Diagnostic & Research Centre Ltd IPO?

'Pre-apply' for Modern Diagnostic & Research Centre Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.