GMP IPO Watch
Modern Diagnostic IPO
Modern Diagnostic IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Modern Diagnostic IPO Details
Key facts at a glance| IPO Open Date | 30 December 2025 | IPO Close Date | 1 January 2026 |
|---|---|---|---|
| Basis of Allotment | 2 December 2025 | Listing Date | 6 January 2026 |
| Price Band | ₹85 - ₹90 per share | Face Value | ₹10 per share |
| Market Lot Size | 1600 Shares | Min Investment (Retail) | ₹2,88,000 |
| Total Issue Size | ₹90 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | Quia fugiat impedi | ||
Modern Diagnostic IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 30 December 2025 | Confirmed |
| IPO Close Date | 1 January 2026 | Confirmed |
| Basis of Allotment | 2 December 2025 | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 6 January 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Modern Diagnostic IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 3,200 Shares | ₹2,88,000 |
| Retail (Max) | 2 Lots | 3,200 Shares | ₹2,88,000 |
| S-HNI (Min) | 3 Lots | 4,800 Shares | ₹4,32,000 |
| S-HNI (Max) | 6 Lots | 9,600 Shares | ₹8,64,000 |
| B-HNI (Min) | 7 Lots | 11,200 Shares | ₹10,08,000 |
Modern Diagnostic IPO Live GMP & Movement History
Daily unofficial grey market trends₹9.5 +10.6%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 2 Jan 2026 | ₹14 | ₹104.00 | +15.56% |
| 1 Jan 2026 | ₹13 | ₹103.00 | +14.44% |
| 31 Dec 2025 | ₹12 | ₹102.00 | +13.33% |
| 29 Dec 2025 | ₹0 | ₹90.00 | +0.00% |
Modern Diagnostic IPO Subscription Status
Demand breakdown by investor categoryAbout Modern Diagnostic
The Modern Diagnostic & Research Centre Limited IPO is a book-built SME issue that opened for subscription today, December 31, 2025, and will conclude on January 2, 2026. Priced between ₹85 and ₹90 per share, the company aims to raise approximately ₹37 crores through a fresh issue of shares to fund capital expenditures for medical equipment, working capital, and debt repayment. Since its inception in 1985, the company has grown into a significant diagnostic provider with 21 centers across 8 states, offering integrated radiology and pathology services. Financially, the company has demonstrated a strong turnaround, reporting a profit of ₹8.97 crores in FY25 (up 55% from the previous year) on a revenue of ₹78.8 crores, recovering from historical losses in FY23. Early grey market indicators suggest a modest positive sentiment with a GMP of roughly 12% as the issue opens. With a retail quota of 35% and a minimum investment requirement of ₹2,88,000 for two lots, analysts generally view this as a potential long-term play for investors looking for exposure to the growing healthcare diagnostics sector.
Modern Diagnostic IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 31 Dec 2025 |
| IPO Close Date | 02 Jan 2026 |
| Basis of Allotment | 03 Dec 2025 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 07 Jan 2026 |
Note: The timeline for आधुनिक निदान IPO is tentative and subject to change.
Modern Diagnostic Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Modern Diagnostic Company Financial Report
To Be Updated Soon
Modern Diagnostic Company Valuation & Key Performance Indicators
To Be Updated Soon
Modern Diagnostic Peer Group Comparison
To Be Updated Soon
Modern Diagnostic IPO FAQs
Modern Diagnostic IPO opens for subscription on 30 December 2025 and closes on 1 January 2026.
The price band for Modern Diagnostic IPO is set at ₹85.00 to ₹90.00 per share.
The minimum market lot size is 1600 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 3,200 Shares (₹2,88,000).
The latest Grey Market Premium (GMP) for Modern Diagnostic IPO is ₹9.50. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Modern Diagnostic IPO is tentatively scheduled for 2 December 2025, and shares are expected to list on the stock exchanges on 6 January 2026.
Quia fugiat impedi is the official registrar for Modern Diagnostic IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.