Issue Price
₹90
Per Share
GMP
+₹14
+15.56% Grey Market
Est. Listing
₹104
Expected Price
Min. Application
₹288,000
2 lots × 1600 shares
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 TeamComprehensive diagnostics provider delivering all-in-one solution at cost-effective pricesFocus on quality and customer serviceCentralized information technology platform
Modern Diagnostic & Research Centre Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 206,400 | — | ₹1.86 Cr | — |
| TOTAL | 4,099,200 | 100.00% | ₹36.89 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹144,000 |
| Retail (Max) | 13 | 20,800 | ₹1,872,000 |
| sNII (Min) | 14 | 22,400 | ₹2,016,000 |
| bNII (Min) | 68 | 108,800 | ₹9,792,000 |
| Particulars | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 22.67 | 78.80 | 68.67 |
| EBITDA | 5.86 | 17.96 | 11.05 |
| Profit After Tax (PAT) | 3.00 | 8.97 | 5.79 |
| 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 |