Modern Diagnostic IPO Analyzed
Key Points
- Company aims to raise ₹36.89 crore through share sale.
- Shares offered between ₹85 and ₹90, lot size 1,600 shares.
- Retail investors need ₹288,000 for two lots of shares.
- IPO opens December 31, 2025, closes January 2, 2026.
- Shares listed on BSE SME platform on January 7, 2026.
- Funds used for equipment, working capital, and debt repayment.
A company called Modern Diagnostic & Research Centre is planning to sell shares to the public for the first time. This is called an IPO, or Initial Public Offering. The sale will start on December 31, 2025, and the company wants to raise money – exactly ₹36.89 crore. They plan to sell 4.1 million new shares to investors.
About Modern Diagnostic
Modern Diagnostic was founded way back in 1985. It’s a place that does tests for your health, like looking at blood and taking pictures of your body with machines. They have a lot of locations all over India – 21 centers in 8 different states. This includes places where they do ‘pathology’ (looking at body parts under a microscope) and ‘radiology’ (using machines like X-rays).
How Much Does It Cost to Buy Shares?
You can buy shares in this company between ₹85 and ₹90 each. To buy two lots, you’d need ₹288,000. That’s a lot of money, so it’s good to know before you start.
What the Company Plans to Do with the Money
The company wants to use the money it gets from selling shares to buy new medical equipment. They also need money for running their business and paying off some debts. They expect to make a lot more money in the future by offering more health tests.
Financial Numbers (FY25)
In the last year (FY25), the company made ₹77.94 crore in sales – that’s 16% more than last year. They made ₹17.96 crore in profit before considering taxes, which is a big jump of 62%.
MUFG Intime India and Beeline Capital Advisors are helping the company with this IPO. The shares will likely be listed on the BSE SME platform on January 7, 2026.
Investing in an IPO is risky, and it’s important to do your research before putting your money in.



