Valuation
Market Cap
₹135.89 Cr
P/E Ratio
11.04x
P/B Ratio
4.78x
Modern Diagnostic IPO Dates
Business Overview
Modern Diagnostic is a services provider of diagnostic and related healthcare testing services in India. It offers a one-stop solution for pathology and radiology testing services, including imaging, radiology, and clinical laboratory services. Through its integrated nationwide network, the company provides a complete range of diagnostic facilities in radiology and pathology. Its healthcare tests and services are used for core testing, patient diagnosis and prevention, and the monitoring of diseases and other health conditions. Its customers include individual patients, hospitals, other healthcare providers, and corporate customers.
Lots & IPO Size
Modern Diagnostic IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Ind (Min) | 2 | 3,200 | ₹2,88,000 |
| Ind (Max) | 2 | 3,200 | ₹2,88,000 |
| S-HNI (Min) | 3 | 4,800 | ₹4,32,000 |
| S-HNI (Max) | 6 | 9,600 | ₹8,64,000 |
| B-HNI (Min) | 7 | 11,200 | ₹10,08,000 |
Modern Diagnostic IPO Size
Objects of Issue
- Funding capital expenditure for purchase of medical equipment towards establishment of new diagnostic centre and labs
- Funding Working Capital Requirement
- Repayment of certain outstanding borrowings availed by the Company
- General Corporate Purpose
Modern Diagnostic IPO Live Subscription
Updated as on 02 Jan 2026 | 05:00:00 PM
| Category | Sub (x) | Offered | Bids | Amount(Cr) |
|---|---|---|---|---|
| QIB | 193.51x | 7,82,400 | 15,14,00,000 | 1,362.60 |
| NII | 702.08x | 5,85,600 | 41,11,39,200 | 3,700.25 |
| bHNI | 862.84x | 3,90,400 | 33,68,52,800 | 3,031.68 |
| sHNI | 380.57x | 1,95,200 | 7,42,86,400 | 668.58 |
| Individual | 342.46x | 13,63,200 | 46,68,44,800 | 4,201.60 |
| Total | 376.90x | 27,31,200 | 1,02,93,84,000 | 9,264.46 |
Data is sourced from NSE & BSE and may change. Information is provided on an “AS IS” and “AS AVAILABLE” basis without warranties.
Updated as on 02 Jan 2026 | 05:00:00 PM
Modern Diagnostic IPO Details Live GMP
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 06 Jan | ₹13.5 (15%) | ₹103.50 |
| 05 Jan | ₹12 (13.3%) | ₹102 |
| 04 Jan | ₹16 (17.8%) | ₹106 |
| 03 Jan | ₹16 (17.8%) | ₹106 |
| 02 Jan | ₹16 (17.8%) | ₹106 |
| 01 Jan | ₹14 (15.6%) | ₹104 |
| 31 Dec | ₹10 (11.1%) | ₹100 |
| 30 Dec | ₹9 (10%) | ₹99 |
| 29 Dec | ₹0 (0%) | ₹90 |
| 28 Dec | ₹0 (0%) | ₹90 |
| 27 Dec | ₹0 (0%) | ₹90 |
| 26 Dec | ₹0 (0%) | ₹90 |
| 25 Dec | ₹0 (0%) | ₹90 |
| 24 Dec | ₹0 (0%) | ₹90 |
Modern Diagnostic IPO Peer Comparison
(Rs. in crores)
| Particulars | Modern Daignostic | Vijaya Diagnostic |
|---|---|---|
| Revenue | 77.95 | 681.39 |
| PAT | 8.97 | 143.79 |
| EPS (₹) | 8.15 | 13.92 |
| NAV (₹) | 18.84 | 77.42 |
| RONW | 43.27% | 18.07% |
| EBITDA | 23.04% | 40.10% |
| PAT Mrgn | 11.51% | 21.10% |
| PE Ratio | 11.04 | 72.36 |
- All information pertains to FY 2024-25.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 28, 2025 for Peers
Modern Diagnostic IPO Financial Performance
(Rs. in crores)
| Particulars | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 22.50 | 77.95 | 67.13 | 56.28 |
| PAT | 3.00 | 8.97 | 5.79 | -5.73 |
| Net Worth | 23.72 | 20.73 | 11.76 | 5.96 |
| Borrowings | 30.38 | 22.09 | 20.46 | 15.31 |
| Assets | 77.86 | 64.57 | 49.49 | 36.54 |
| NAV (₹) | 21.57 | 18.84 | 10.69 | 5.42 |
| EPS (₹) | 2.73 | 8.15 | 5.27 | -5.21 |
Key Performance Indicators (KPIs)
EBITDA
23.04%
PAT
11.51%
RoNW
43.27%
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Holding
Promoter
100.00%
Public
0.00%
Management
Registrar & Lead Managers
Registrar
MUFG Intime India
Lead Managers (1)
Company Details
Name: Modern Diagnostic & Research Centre Limited
Address: Plot No H-64,1st Floor BLK-H, Bali
Nagar City landmark near Khetar Pal
Hospital, Ramesh Nagar, West Delhi,
New Delhi, Delhi-110015, India
Number: 9999474297
Email: compliance@mdrcindia.com
Website: www.mdrcindia.com
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How to apply Modern Diagnostic IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Modern Diagnostic IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Modern Diagnostic IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Modern Diagnostic IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
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