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Modern Diagnostic & Research Centre Limited

Incorporated in 1985, Modern Diagnostic & Research Centre Limited is an India-based diagnostic service provider offering a wide range of pathology and radiology services to patients and institutions. The company delivers reliable diagnostic testing along with home sample collection, online report access, and customized health packages designed to meet individual and institutional requirements. It operates 21 centres, including 17 laboratories and 4 diagnostic centres, spread across 8 states, and provides services such as ultrasound, CT scan, MRI, X-ray, ECG, PFT, and specialized diagnostic facilities for cardiac and neurological care. Its pathology services cover routine tests as well as advanced molecular diagnostics, cytogenetics, and specialized testing for genetic disorders and cancer, while radiology services include MRI, CT scans, ultrasound, and digital X-rays using modern equipment. As of February 28, 2025, the company has a workforce of 570 employees, including doctors and consultants.

₹85 - ₹90376.97x sub
Listed Price99.50
Listing Gain+10.56%
TimelineBookbuilding IPO
Open31 Dec 2025
Close02 Jan 2026
Allotment05 Jan 2026
Listing07 Jan 2026

Quota Reservation Portions

AnchorPortion: 11,61,600 shares
28.34%
QIBPortion: 7,82,400 shares
19.09%
HNIPortion: 5,85,600 shares
14.29%
RetailPortion: 13,63,200 shares
33.26%
Market MakerPortion: 2,06,400 shares
5.04%

Minimum Application Bracket Matrix

Retail2 lots / 3,200 shares
₹2,88,000
sHNI3 lots / 4,800 shares
₹4,32,000
bHNI7 lots / 11,200 shares
₹10,08,000

About the Company

Incorporated in 1985, Modern Diagnostic & Research Centre Limited is an India-based diagnostic service provider offering a wide range of pathology and radiology services to patients and institutions. The company delivers reliable diagnostic testing along with home sample collection, online report access, and customized health packages designed to meet individual and institutional requirements. It operates 21 centres, including 17 laboratories and 4 diagnostic centres, spread across 8 states, and provides services such as ultrasound, CT scan, MRI, X-ray, ECG, PFT, and specialized diagnostic facilities for cardiac and neurological care. Its pathology services cover routine tests as well as advanced molecular diagnostics, cytogenetics, and specialized testing for genetic disorders and cancer, while radiology services include MRI, CT scans, ultrasound, and digital X-rays using modern equipment. As of February 28, 2025, the company has a workforce of 570 employees, including doctors and consultants.

Company Promoters

Mr. Devendra Singh YadavMrs. Deepali YadavMrs. Asha YadavMr. Jitendra Singh