IPO

Modern Diagnostic & Research Centre Ltd. IPO

Modern Diagnostic & Research Centre Ltd., established in 2012, operates in the Hospitals & Medical Services sector. The company's IPO opened on December 31, 2025 and closed on January 2, 2026, with an ... Read more

Min Investment
₹ 1,44,000 / 1600 shares
Price Range
₹85 - ₹ 90
Bidding Dates
31 Dec '25 - 2 Jan '26
Total Issue Value
36.89 Cr
Lot Size
1,600
Total Issue Size
36.89 Cr
Listing At
NSE SME

IPO Timeline

  • 31 Dec 2025
    Bidding Starts
  • 2 Jan 2026
    Bidding Ends
  • 5 Jan 2026
    Allotment Finalization
  • 7 Jan 2026
    Listing

About Modern Diagnostic & Research Centre Ltd.

We are a services provider in diagnostic and related healthcare tests services in India. We offer a one-stop solution for pathology and radiology testing services such as imaging (including radiology), pathology/clinical laboratory. Through our integrated, nationwide network, we offer a complete ... Read more

Parent organisation
Founded
Modern Diagnostic & Research Centre Ltd.
2012

Modern Diagnostic & Research Centre Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 11,61,600 (28.34%)
Market Makers 2,06,400 (5.04%)
Non Institutional Investors 5,85,600 (14.29%)
Qualified Institutional Buyers (QIBs) 7,82,400 (19.09%)
Retail Individual Investors (RIIs) 13,63,200 (33.26%)

Modern Diagnostic & Research Centre Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 78.80 Cr 8.97 Cr 9.73 Cr
31 Mar 2024 68.67 Cr 5.79 Cr 10.76 Cr
31 Mar 2023 56.61 Cr -5.73 Cr 4.96 Cr

Modern Diagnostic & Research Centre Ltd. Background

Our Company was originally incorporated as “Modern Diagnostic & Research Centre Private Limited” as a private limited company, under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated April 16, 2012 issued by Registrar of Companies, National Capital ...

Our Company has acquired the business of M/s. Modern Diagnostic & Research Centre, a proprietorship firm of Mr. Devendra Singh Yadav carrying on the business of Diagnostic Centre with varied fields of medical applications since 1985, pursuant to Agreement for Transfer of Business executed on April 1, 2013 between M/s. Modern Diagnostic & Research Centre and our Company.

Our Company was converted from a private limited company to public limited company pursuant to special resolution passed in the Extra-Ordinary General Meeting of the company held on November 16, 2024 and consequently the name of our Company was changed to “Modern Diagnostic & Research Centre Limited” pursuant to fresh certificate of incorporation dated December 18, 2024 issued to our Company by the Registrar of Companies, Central Processing Centre having Corporate Identification Number U85110DL2012PLC234368.

Read more

Major Events And Milestones
  • 2013
    Incorporation of the Company in the name and style of “Modern Diagnostic & Research Centre Private Limited”
  • 2014
    Acquisition of Business of M/s Modern Diagnostics & Research Centre, Proprietorship Concern through Business Transfer Agreement. Proprietorship Concern was engaged in the business of Diagnostic Centre.
  • 2025
    Converted into Public Limited Company in the name and style of “Modern Diagnostic & Research Centre Limited”  
Modern Diagnostic & Research Centre Ltd. Object of Issues

1. Funding capital expenditure for purchase of medical equipment towards establishment of new diagnostic centre and labs
2. Funding Working Capital Requirement
3. Repayment of certain outstanding borrowings availed by our Company
4. General Corporate Purpose

Modern Diagnostic & Research Centre Ltd. IPO Listing Details
Listing Date
7 Jan 2026
ISIN
INE1HK501016
Final Issue Price
₹ 90
Industry Overview

Diagnostic process is crucial for identifying and managing various health conditions and ensuring effective medical treatment and patient care, thus facilitating faster recovery of patient. Diagnostic companies provide service to clients in both B2B which includes hospitals, nursing homes, ... Read more

Modern Diagnostic & Research Centre Ltd. Contact Details
Address: Plot No H-64,1st Floor BLK-H, Bali Nagar City, landmark near Khetar Pal Hospital, Ramesh Nagar, West Delhi, New Delhi Delhi - 110015
Phone no:9999474297
9999474297
|
Modern Diagnostic & Research Centre Ltd. IPO Registrar
MUFG Intime India Pvt. Ltd.
C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg, Vikhroli (West), Mumbai Maharashtra - 400083
8108114949
Modern Diagnostic & Research Centre Ltd. IPO Lead Manager(s)
Beeline Capital Advisors Pvt. Ltd.
B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath Rangoli Road, Thaltej, Ahmedabad Gujarat - 380054
48407357

FAQs

When does Modern Diagnostic & Research Centre Ltd. IPO opens and closes?

Modern Diagnostic & Research Centre Ltd. IPO opens from 31st December to 2nd January 2026.

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

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

What is the price range of Modern Diagnostic & Research Centre Ltd. IPO?

The price range of Modern Diagnostic & Research Centre Ltd. IPO is at ₹85 to ₹90 per share.

What is the minimum investment and lot size required for the Modern Diagnostic & Research Centre Ltd. IPO?

The minimum investment required is ₹1,44,000 and minimum lot size is 1600 shares.

When is Modern Diagnostic & Research Centre Ltd. IPO listing date?

The Modern Diagnostic & Research Centre Ltd. IPO will be listed on 7th January 2026.

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

1. Funding capital expenditure for purchase of medical equipment towards establishment of new diagnostic centre and labs
2. Funding Working Capital Requirement
3. Repayment of certain outstanding borrowings availed by our Company
4. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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