Modern Diagnostic & Research Centre IPO

BSE SMELot: 1600

LISTEDSME
Issue Price90
Listing95
Current87
Price Band
85 - ₹90
Lot Size
1,600
Issue Size
₹36.89 Cr
GMP
+14
↑₹1 today
Subscription
376.90x

IPO Schedule

1
Open
31 Dec
2
Close
2 Jan
3
Allotment
-
4
Listing
7 Jan

About Modern Diagnostic & Research Centre

Modern Diagnostic & Research Centre Limited is a healthcare company that provides diagnostic and research services. The company was originally incorporated as a private limited company in 2012 and was converted to a public limited company in 2024. It has a registered office in Delhi and a corporate office in Gurugram. The company's promoters include Mr. Devendra Singh Yadav, Mrs. Deepali Yadav, Mrs. Asha Yadav, and Mr. Jitendra Singh. The company's shares are proposed to be listed on the SME Platform of BSE Limited.

Subscription Status

QIB
193.51x
NII
702.08x
Retail
342.46x
CategoryDay 3
QIB193.51x
NII702.08x
Retail342.46x
Total376.90x

GMP History

DateGMPEst. Listing
1 Jan 2026+₹14104
31 Dec 2025+₹13103

Business Operations

The company provides diagnostic and research services to its customers. It has a team of experienced professionals who provide various diagnostic tests and research services. The company's products and services are used by hospitals and healthcare institutions across India. The company's revenue model includes providing diagnostic services, conducting research studies, and manufacturing medical devices.

Risk Factors

• Competition from established diagnostic chains
• Regulatory requirements in healthcare sector
• Dependence on skilled medical professionals
• Capital intensive business requiring continuous investment
• Economic factors affecting healthcare spending

Promoters & Management

The key management team includes Mr. Devendra Singh Yadav, Mrs. Deepali Yadav, Mrs. Asha Yadav, and Mr. Jitendra Singh as promoters. The company has a board of directors consisting of experienced professionals who have expertise in the healthcare sector. The company's management team has a strong track record of success in providing diagnostic and research services.