
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
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




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 Subscription | 350.49x |
| Retail Individual Investors | 342.462x |
| Qualified Institutional Buyers | 193.507x |
| Non Institutional Investors | 519.376x |
Strengths and Risks
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
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
- Download the INDmoney app and complete your KYC.
- Go to INDstocks → IPO, or just search “IPO”.
- Tap on Modern Diagnostic & Research Centre Ltd IPO from the list of live IPOs.
- View key details like price band, lot size, and dates.
- Tap Apply Now and choose your number of lots.
- Use INDpay UPI for instant mandate tracking.
- Your funds will be blocked until the share allotment is finalized.