Modern Diagnostic & Research Centre Limited is entering the public markets through SME IPO with an issue size of ₹37.00 crore. The issue consists of a fresh issue of equity shares. The shares are proposed to be listed on BSE & SME.
The IPO subscription window opens on December 31, 2025 and will remain open until January 2, 2026. The company plans to list its shares on January 7, 2026. Being an SME IPO, the issue may appeal to investors familiar with lower liquidity listings.
Modern Diagnostic & Research Centre Limited IPO Timeline
IPO Listing Snapshot
This snapshot provides a quick view of the IPO status, pricing levels, and indicative performance.
| IPO Status | Issue Price | Listing Price | Listing Gain |
|---|---|---|---|
| Listed | ₹90 | ₹100 | ▲ 10.56% |
IPO Quick Facts
This section covers the main IPO details of Modern Diagnostic & Research Centre Limited that investors generally review before applying.
IPO Details at a Glance
| Company Name | Modern Diagnostic & Research Centre Limited |
|---|---|
| IPO Segment | SME |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Price | ₹85 – ₹90 Per Share |
| Lot Size | 1,600 Shares |
| Face Value | ₹10 Per Share |
| Exchange | BSE & SME |
Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 206,400 | 5.04% |
| Qualified Institutional Buyers (QIB) | 1,944,000 | 47.42% |
| — Anchor Investor | 1,161,600 | 28.34% |
| — QIB (Ex Anchor) | 782,400 | 19.09% |
| NII (HNI) | 585,600 | 14.29% |
| — bNII > ₹10L | 393,600 | 9.60% |
| — sNII < ₹10L | 192,000 | 4.68% |
| Retail | 1,363,200 | 33.26% |
| Total Shares Offered | 4,099,200 | 100.00% |
Modern Diagnostic & Research Centre Limited IPO Important Dates
The following table highlights the key dates for the Modern Diagnostic & Research Centre Limited IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 31 Dec 2025 |
|---|---|
| IPO Closing Date | 02 Jan 2026 |
| Allotment Finalization | 05 Jan 2026 |
| Initiation of Refunds | 06 Jan 2026 |
| Credit of Shares | 06 Jan 2026 |
| IPO Listing Date | 07 Jan 2026 |
Modern Diagnostic & Research Centre Limited IPO Size
| Total IPO Size | ₹37.00 Crore |
|---|---|
| Fresh Issue | ₹37.00 Crore |
Modern Diagnostic & Research Centre Limited IPO Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the Modern Diagnostic & Research Centre Limited IPO, calculated using the cut-off price. The price band for this IPO ranges from ₹85 to ₹90 per share.
Note: Retail investors generally apply at the cut-off price, which is ₹90 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹90 | ₹288,000 |
| Retail (Max) | 2 | 3,200 | ₹90 | ₹288,000 |
| S-HNI (Min) | 3 | 4,800 | ₹90 | ₹432,000 |
| S-HNI (Max) | 6 | 9,600 | ₹90 | ₹864,000 |
| B-HNI | 7 | 11,200 | ₹90 | ₹1,008,000 |
Modern Diagnostic & Research Centre IPO Promoter Holding
| Promoter(s) | Mr. Devendra Singh Yadav, Mrs. Deepali Yadav, Mrs. Asha Yadav, and Mr. Jitendra Singh |
|---|---|
| Pre-Issue Holding | 99.99% |
| Post-Issue Holding | 72.85% |
Modern Diagnostic & Research Centre Limited IPO FAQs
The Modern Diagnostic & Research Centre Limited IPO is a SME Bookbuilding IPO with a total issue size of ₹37.00 crore.
The IPO will open for subscription on Wed, 31 Dec 2025 and will close on Fri, 02 Jan 2026.
The shares are being offered at a price band of ₹85 to ₹90 per equity share.
Investors can apply for the IPO with a minimum lot size of 1,600 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹288,000.
The shares of Modern Diagnostic & Research Centre Limited are expected to be listed on BSE & SME on Wed, 07 Jan 2026.
Each equity share in the IPO has a face value of ₹10.
The IPO consists of a Fresh Issue, where shares are being offered by existing shareholders.
How to Apply for Modern Diagnostic & Research Centre Limited IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
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