Modern Diagnostic IPO Date, Review, Price, Allotment Details IPO
Modern Diagnostic IPO Summary
IPO Open Date: 31 Dec 2025
IPO Close Date: 02 Jan 2026
Price Band: ₹85 to ₹90 Per Share
Issue Size: Approx ₹37 Crores
Listing Exchange: BSE SME
Website: https://www.mdrcindia.com/
Modern Diagnostic IPO Overview
Modern Diagnostic IPO open date is December 31, 2025 and the IPO will close on January 2, 2026. Modern Diagnostic IPO is a Book Build Issue. The company to raise around ₹37 crores via IPO that comprises fresh issue of ₹37 crores and offer for sale up to [.] equity shares with face value of ₹10 each.
Modern Diagnostic IPO price band is ₹85 to ₹90 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Modern Diagnostic IPO to list on BSE on January 7, 2026. The allotment of Modern Diagnostic IPO date is January 5, 2026.
The company reported revenue of ₹68.67 crores in 2024 against ₹56.61 crores in 2023. The company reported profit of ₹5.79 crores in 2024 against loss of ₹5.73 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Modern Diagnostic IPO Details
| Company Name | Modern Diagnostic & Research Centre Limited |
| IPO Open Date | 31 Dec 2025 |
| IPO Close Date | 02 Jan 2026 |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹85 to ₹90 Per Share |
| Issue Size | Approx ₹37 Crores |
| Fresh Issue | Approx ₹37 Crores |
| Offer for Sale | - |
| Issue Type | Book Build Issue |
| Listing On | BSE SME |
Modern Diagnostic IPO Market Lot
The Modern Diagnostic IPO minimum market lot is 3,200 shares with ₹2,88,000 application amount.
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | ₹2,88,000 |
| Retail Maximum | 2 | 3,200 | ₹2,88,000 |
| S-HNI Minimum | 3 | 4,800 | ₹4,32,000 |
| S-HNI Maximum | 6 | 9,600 | ₹8,64,000 |
| B-HNI Minimum | 7 | 11,200 | ₹10,08,000 |
Modern Diagnostic IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investor | 11,61,600 Shares | 28.34% |
| QIB (Ex. Anchor) | 7,82,400 Shares | 19.09% |
| NII / HNI | 5,85,600 Shares | 14.29% |
| Retail | 13,63,200 Shares | 33.26% |
Anchor Bidding Date: 30 Dec 2025
30 Days Lock-in: 04 Feb 2026
90 Days Lock-in: 06 Apr 2026
Modern Diagnostic IPO Dates & Allotment
The Modern Diagnostic IPO date is December 31 and the close date is January 2. The Modern Diagnostic IPO allotment will be finalized on January 5 and the IPO listing on January 7.
| IPO Opening Date | 31 Dec 2025 |
| IPO Closing Date | 02 Jan 2026 |
| Bidding Cutoff Time | 5 PM |
| Basis of Allotment | 05 Jan 2026 |
| Refunds Initiation | 06 Jan 2026 |
| Credit to Demat | 06 Jan 2026 |
| IPO Listing Date | 07 Jan 2026 |
Modern Diagnostic IPO Objects of the Issue & Utilization of Proceeds
| Description | Amount |
|---|---|
| Funding capital expenditure for purchase of medical Equipments for diagnostic centre and laboratories | ₹20.69 |
| Funding Working Capital Requirement | ₹11.60 |
| Repayment of certain outstanding borrowings availed by the Company | ₹4.50 |
| General Corporate Purpose | ₹- |
Modern Diagnostic & Research Centre Limited Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹56.61 | ₹62.55 | ₹-5.73 | ₹36.54 |
| 2024 | ₹68.67 | ₹61.81 | ₹5.79 | ₹49.49 |
| 2025 | ₹78.80 | ₹66.08 | ₹8.97 | ₹64.57 |
| June 2025 | ₹22.67 | ₹18.40 | ₹3.00 | ₹77.86 |
Modern Diagnostic IPO Valuation
Check Modern Diagnostic IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Parameter | Value |
|---|---|
| Earnings Per Share (EPS) | ₹8.15 (Basic) |
| P/E Ratio | N/A |
| Return on Equity (ROE) | 55.21% |
| Return on Capital Employed (ROCE) | 36.18% |
| Return on Net Worth (RoNW) | 43.27% |
| Net Asset Value (NAV) | ₹18.84 |
| EBITDA Margin | 23.04% |
| PAT Margin | 11.51% |
| Debt to Equity Ratio | 1.07 |
Modern Diagnostic IPO Peer Group Comparison
| Company | EPS | P/E | RoNW % | NAV | Total Income |
|---|---|---|---|---|---|
| Vijaya Diagnostic Centre Limited | 13.92 | 72.36 | 18.07% | 77.42 | – Cr. |
Modern Diagnostic IPO Promoters & Holding Pattern
The promoters of the company are Mr. Devendra Singh Yadav, Mrs. Deepali Yadav, Mrs. Asha Yadav, and Mr. Jitendra Singh.
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,10,00,000 | 99.99% |
| Promoter Holding Post Issue | 1,50,99,200 | 72.85% |
Modern Diagnostic IPO Lead Managers (Merchant Bankers)
- Beeline Capital Advisors Pvt. Ltd.
About Modern Diagnostic & Research Centre Limited
Modern Diagnostic & Research Centre Limited (MDRC) is an Indian diagnostic chain that provides a comprehensive range of pathology and radiology services across 8 states, including in Jaipur.
Modern Diagnostic & Research Centre Limited Address
New Delhi, Delhi-110015, IndiaPhone: 9999474297
Email: [email protected]
Modern Diagnostic IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html