BSE SME Mainboard Fresh Capital Closed
Modern Diagnostic & Research Centre Ltd IPO 2026
₹90
Issue Price
+₹14
GMP Today
40,99,200 (100.00%)
Total Shares Offered
₹104
Est. Listing
📅
Open Date
2025-12-31
📅
Close Date
2026-01-02
🎟️
Allotment
2026-01-05
⚡
UPI Mandate
TBA
📱
Listing Date
2026-01-07
🔗
Script Code
TBA
Grey Market Premium (GMP)
LIVE
Current GMP
+₹14
+15.56% vs Issue Price
Estimated Listing: ₹104
Issue Price: ₹90
· Lot: 1,600 shares
Expected P&L (1 lot):
+₹22,400
on ₹144,000
GMP is unofficial grey market data. It does not guarantee listing price or returns.
Financial Overview
Amount in ₹ Crore
| Metric | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 22.67 | 78.80 | 68.67 |
| Profit After Tax | 3.00 | 8.97 | 5.79 |
| EBITDA | 5.86 | 17.96 | 11.05 |
| Net Worth | 23.72 | 20.73 | 11.76 |
| Total Assets | 77.86 | 64.57 | 49.49 |
| Reserves & Surplus | 12.72 | 9.73 | 10.76 |
| Total Borrowings | 30.38 | 22.09 | 20.46 |
Key Financial Ratios
55.21%
ROE
Return on Equity
36.18%
ROCE
Return on Capital Employed
43.27%
RONW
Return on Net Worth
11.51%
PAT Margin
PAT / Revenue
23.04%
EBITDA Mgn
EBITDA / Revenue
1.07
D/E Ratio
Debt to Equity
4.78
P/BV
Price to Book Value
Issue Details
Total Shares Offered
40,99,200 (100.00%)
Net Offer to Public
38,92,800 shares (agg. up to ₹35 Cr)
Market Maker Reservation
2,06,400 shares (agg. up to ₹2 Cr)
Pre-Issue Shareholding
1,10,00,000 shares%
Post-Issue Shareholding
1,50,99,200 shares%
Issue Price
₹90
Face Value
₹10
Lot Size
1,600 shares
Listing Exchange
BSE SME
Issue Type
Mainboard
Objects of Issue
Funding capital expenditure for purchase of medical Equipments for diagnostic centre and laboratories
Funding Working Capital Requirement
Repayment of certain outstanding borrowings availed by the Company
General Corporate Expenses
Lead Managers
Beeline Capital Advisors Pvt.Ltd
IPO Timeline
Open
2025-12-31
Close
2026-01-02
Allotment
2026-01-05
Listing
2026-01-07
Registrar Details
MUFG Intime India Pvt.Ltd
+91-22-4918 6270
moderndiagnostic.smeipo@in.mpms.mufg.com
Check Allotment Status
Company Information
Website
Email
compliance@mdrcindia.com
Phone
9999474297
Address
Plot No H-64,1st Floor BLK-H, Bali Nagar City landmark near Khetar Pal Hospital, Ramesh Nagar, West Delhi West Delhi, New Delhi, 110015
About Modern Diagnostic & Research Centre Ltd
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.
Competitive Strengths:
- Experienced Promoter and Management Team
- Comprehensive diagnostics provider delivering all-in-one solution at cost-effective prices
- Focus on quality and customer service
- Centralized information technology platform
Quick Facts
GMP Signal
Bullish 🚀
Status
Closed
Issue Price
₹90
Lot Size
1,600 sh
Est. Listing
₹104
Pre-Issue Hold.
1,10,00,000 shares%
Post-Issue Hold.
1,50,99,200 shares%
Registrar
MUFG Intime India Pvt.Ltd
GMP Profit Calculator
Est. Listing
GMP %
1 Lot Investment
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