IPO - Initial Public Offerings

 MDRCLI

  

MODERN DIAGNOSTIC & RESEARCH CENTRE LTD. IPO

31 Dec, 10:00 AM

Issue Open

02 Jan, 05:00 PM

Issue Close

1600

Lot Size

₹ 85.00 – ₹ 90.00

Price Range

IPO Issue Details

Issue size 37.00 Cr
Market Price 90.00
Registrar MUFG Intime India Pvt.Ltd.
Face Value RS.10 /- Per share
Listing at BSE

About

MODERN DIAGNOSTIC & RESEARCH CENTRE LTD. IPO
Incorporated in 1985, Modern Diagnostic & Research Centre Limited (MDRC) is a diagnostic chain in India, offering a comprehensive range of pathology and radiology services. The company provides reliable diagnostic tests, home specimen collection, online reports, and customized test packages for institutional customers and patients based on their specific needs. The company operates 21 centers (17 labs, 4 diagnostic centers) across 8 states, offering diagnostic services like ultrasound, CT, MRI, X-ray, ECG, PFT, and specialized labs for heart and neuro care. Services: Pathology:MDRC provides a wide array of tests, including high-end molecular diagnostics, cytogenetics, and specialized panels for genetic disorders and cancer. Radiology:The centre offers advanced imaging services such as MRI, CT scans, ultrasound, and digital X-rays, utilizing state-of-the-art equipment like a 3-Tesla MRI machine and a 128-slice CT scanner. Home Sample Collection:MDRC offers home blood sample collection services in several cities, providing convenience for patients unable to visit the centre. As on February 28, 2025, the company has total 570 Employees including Consultants and doctors.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 3200 ₹ 2,88,000.00
Retail (Max) 2 3200 ₹ 2,88,000.00
S-HNI (Min) 3 4800 ₹ 4,32,000.00
S-HNI (Max) 8 12800 ₹ 11,52,000.00
B-HNI (Min) 9 14400 ₹ 12,96,000.00

IPO TimeLine

Open Date 31-Dec-2025
Close Date 02-Jan-2026
Basis of Allotment Date 05-Jan-2026
Initiation of Refunds 06-Jan-2026
Credit Shares to Demat A/c 06-Jan-2026
IPO Listing Date 07-Jan-2026