374.47xsubscribed
Modern Diagnostic & Research Centre
374.47xsubscribed
Hospital & Healthcare Services
listed
374.47xsubscribed
₹2.72LMin. investment
Modern Diagnostic & Research Centre IPO Details
Sector
Hospital & Healthcare Services
Issue size
₹37Cr
IPO type
SME
Market cap
₹135.89CrLower than sector avg
Price range
₹85.00 – ₹90.00
Listing exchange
BSE
RevenueApr 2024 - Mar 2025
₹77.94CrLower than sector avg
Listing date
7 Jan 2026
Lot size
1600 shares
Draft Red Herring Prospectus
Read
Growth rate3Y CAGR
17.69%
SectorHospital & Healthcare Services
Price range₹85.00 – ₹90.00
IPO type
SME
Lot size1600 shares
Issue size₹37Cr
Draft Red Herring Prospectus
Read
Market cap
₹135.89CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹77.94CrLower than sector avg
Growth rate3Y CAGR
17.69%
Modern Diagnostic & Research Centre Subscription Status
As on 31-Dec-25, 5:30 PM
Modern Diagnostic & Research Centre Timeline
- Pre-apply30 Dec 2025
- Bid start31 Dec 2025
- Bid end2 Jan 2026
- Allotment5 Jan 2026
- Release of funds6 Jan 2026
- Demat transfer6 Jan 2026
- Listing7 Jan 2026
About Modern Diagnostic & Research Centre
Modern Diagnostic & Research Centre is a service provider in diagnostic and related healthcare tests in India. The company delivers diagnostic services that include core testing, disease diagnosis, prevention, and monitoring for individual patients, hospitals, healthcare providers, and corporate clients. The company offers services through pathology and clinical laboratories, as well as imaging services like ultrasound, colour Doppler, CT scan, MRI scan, digital X-ray, mammography, ECG, PFT, and other specialised diagnostic tests. Currently, it operates 21 centres, which consist of 18 laboratories and three diagnostic centres across 8 states with advanced tech like 3T MRI, 128-slice CT, NGS, and PACS for digital imaging. It also provides additional services, such as online access to test reports, home sample collection, and customised test packages for both individual and institutional clients.
As of June 30, 2025, Pathology made up 80.70% of revenue from operations, while radiology made up 19.30%. Domestic revenue was mainly from Haryana, which contributed 65.80%. India accounted for 96.70% of the revenue, and the remainder came from various countries such as Kenya, Nepal, Ethiopia, Uganda, and Dubai. In FY25, it conducted 3.24 crore tests for 13.69 lakh patients, with B2C revenues forming 48.66% and B2B 51.34%.
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Objectives of Modern Diagnostic And Research Centre IPO
Capital expenditure
55.80%
Working capital
21.60%
General corporate purposes
19.90%
Repayment of borrowings
2.70%
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Modern Diagnostic & Research Centre Contact Details
Company NameModern Diagnostic & Research Centre
How to apply for Modern Diagnostic & Research Centre?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.
Latest News on Modern Diagnostic And Research Centre IPO
Modern Diagnostic And Research Centre IPO FAQs
How to invest in the Modern Diagnostic & Research Centre ?
Investors can apply for the Modern Diagnostic & Research Centre through their Demat account via the stock exchange or through their broker.
What is the issue size of Modern Diagnostic & Research Centre ?
The issue size of the Modern Diagnostic & Research Centre is 37 Cr.
What is 'pre-apply' for Modern Diagnostic & Research Centre ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Modern Diagnostic & Research Centre shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
What are the open and close dates of the Modern Diagnostic & Research Centre ?
Modern Diagnostic & Research Centre will be open between 2025-12-31 and 2026-01-02.
What is the allotment date for the Modern Diagnostic & Research Centre ?
Modern Diagnostic & Research Centre allotment date is 2026-01-06. For Modern Diagnostic & Research Centre allotment status check, you can visit the website of the registrar of the IPO.
Who is the registrar of Modern Diagnostic & Research Centre ?
For Modern Diagnostic & Research Centre, the IPO registrar is MUFG Intime India Pvt.Ltd.. You can check Modern Diagnostic & Research Centre allotment status on the website of the registrar.
Where is the Modern Diagnostic & Research Centre getting listed?
The shares are proposed to be listed on the BSE and NSE.
When will Modern Diagnostic & Research Centre shares be credited to your demat account?
The Modern Diagnostic & Research Centre shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
What is the lot size and minimum order quantity of the Modern Diagnostic & Research Centre ?
The Modern Diagnostic & Research Centre lot size is 1600 and minimum order quantity is 3200.
What is the price band for the Modern Diagnostic & Research Centre ?
Modern Diagnostic & Research Centre has set the price band for its IPO at 90 per equity share with a face value of 10.




