Modern Diagnostic Center IPO Deatils
Modern Diagnostic & Research Centre
Offer Price₹90 Lot Size1,600 Listing Price ₹100 (10.56% ▲) Subscription376.90x Offer Time31 Dec to 2 Jan
Listed
Modern Diagnostic & Research Centre Ipo Deatils : GMP, Subscribe, Date
- 📄 IPO Details
- 📊 IPO Subscribe
- 📅 Important Date
- 📈 Day Wise Gmp
- 🧮 Day Wise Subscribe
- 📦 Ipo Lot Size
- 🏷️ Ipo Reservation
- 🏢 About Company
- 🎯 Objective of Ipo
- 🚀 Financial Report
IPO Details
| IPO Date | 31 Dec, 2025 to 2 Jan, 2026 |
| Listing Date | Jan 7, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹85 to ₹90 |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 40,99,200 shares (agg. up to ₹37 Cr) |
| Reserved for Market Maker | 2,06,400 shares (agg. up to ₹2 Cr) Spread X Securities Pvt. Ltd. |
| Net Offered to Public | 38,92,800 shares (agg. up to ₹35 Cr) |
Subscription
| Anchor | 1.00x |
| QIB | 193.51x |
| NII | 702.08x |
| bNII | 855.83x |
| Individual | 342.46x |
| Total | 376.90x |
Important Date
| IPO Open | Wed, Dec 31, 2025 |
| IPO Close | Fri, Jan 2, 2026 |
| Allotment | Mon, Jan 5, 2026 |
| Refund | Tue, Jan 6, 2026 |
| Credit of Shares | Tue, Jan 6, 2026 |
| Listing | Wed, Jan 7, 2026 |
Day Wise Gmp
| Date | Price | GMP | Sub | Est Price | Profit | Updated |
|---|
| 07-01-2026 | ₹90.00 | ₹16.00 — | 376.90 | ₹106.00 | ₹25600.00 | 23:41 |
| 06-01-2026 | ₹90.00 | ₹16.00 — | 376.90 | ₹106.00 | ₹25600.00 | 00:27 |
| 05-01-2026 | ₹90.00 | ₹16.00 — | 376.90 | ₹106.00 | ₹25600.00 | 00:10 |
| 04-01-2026 | ₹90.00 | ₹16.00 ▲ | 376.90 | ₹106.00 | ₹25600.00 | 00:18 |
| 03-01-2026 | ₹90.00 | ₹13.00 ▲ | 376.00 | ₹103.00 | ₹20800.00 | 00:33 |
| 01-01-2026 | ₹90.00 | ₹10.00 — | 5.60 | ₹100.00 | ₹16000.00 | 00:04 |
Day Wise Subscribe
| Date | Anchor | QIB | NII | Retail | Total |
| 05 Jan | 1x | 193.51x | 702.08x | - | 376.9x |
| 04 Jan | 1x | 193.51x | 702.08x | - | 376.9x |
| 03 Jan | 1x | 193x | 700x | - | 376x |
| 01 Jan | 1x | 5x | 7.96x | 4.63x | 5.6x |
Ipo Lot Size
| Application | Lots | Shares | Amount |
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,88,000 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,88,000 |
| S-HNI (Min) | 3 | 4,800 | ₹4,32,000 |
| S-HNI (Max) | 6 | 9,600 | ₹8,64,000 |
| B-HNI (Min) | 7 | 11,200 | ₹10,08,000 |
Ipo Reservation
| Market Maker Shares Offered | 2,06,400 (5.04%) |
| QIB Shares Offered | 19,44,000 (47.42%) |
| - Anchor Investor Shares Offered | 11,61,600 (28.34%) |
| - QIB (Ex. Anchor) Shares Offered | 7,82,400 (19.09%) |
| NII (HNI) Shares Offered | 5,85,600 (14.29%) |
| - bNII > ₹10L | 3,90,400 (9.52%) |
| - sNII < ₹10L | 1,95,200 (4.76%) |
| Retail Shares Offered | 13,63,200 (33.26%) |
| Total Shares Offered | 40,99,200 (100.00%) |
About Company
| Company Name | Modern Diagnostic & Research Centre Limited (MDRC) |
| Incorporation Year | 1985 |
| Business Overview | Well-established diagnostic chain in India offering pathology and radiology services to patients and institutional clients. |
| Key Services | Pathology tests, radiology services, home specimen collection, online reports, and customized diagnostic packages. |
| Operational Presence | 21 centers comprising 18 laboratories and 3 diagnostic centers across 8 states. |
| Diagnostic Facilities | Ultrasound, CT scan, MRI, X-ray, ECG, PFT, and specialized laboratories for cardiac and neuro care. |
Objective of Ipo
| S. No. | Issue Objects | Estimated Amount (₹ Cr.) |
| 1 | Funding capital expenditure for purchase of medical equipments for diagnostic centre and laboratories | 20.69 |
| 2 | Funding Working Capital Requirement | 8.00 |
| 3 | Repayment of certain outstanding borrowings availed by the Company | 1.00 |
| 4 | General Corporate Expenses | - |
Financial Report
| ROE | 55.21% |
| ROCE | 36.18% |
| Debt/Equity | 1.07 |
| RoNW | 43.27% |
| PAT Margin | 11.51% |
| EBITDA Margin | 23.04% |
| Price to Book Value | 4.78 |
