Modern Diagnostic & Research Centre Limited IPO Opens on December 31, 2025
● Total Issue Size – Up To 40,99,200 Equity Shares of ₹ 10 each ● IPO Size - ₹ 36.89 Crore (At Upper Price Band) ● Price Band - ₹ 85 - ₹ 90 Per Share ● Lot Size - 1,600 Equity Shares Mumbai, December 26, 2025 – Modern Diagnostic & Research Centre Limited, (Modern Diagnostic, The Company) service provider in diagnostic and related healthcare tests services in India proposes to open its Initial Public Offering on December 31, 2025, aiming to raise ₹36.89 Crore (At Upper Price Band) by fresh issue of 40,99,200 equity shares, to be listed on the BSE SME platform. The issue size is 40,99,200 equity shares at a face value of ₹ 10 each with a price band of ₹85 - ₹90 Per Share. Equity Share Allocation • QIB Anchor Portion – Not more than 11,61,600 Equity Shares • Qualified Institutional Buyer – Not more than 7,82,400 Equity Shares • Non-Institutional Investors – Not less than 5,85,600 Equity Shares • Individual Investors – Not less than 13,63,200 Equity Shares • Mar...