Modern Diagnostic IPO Subscribed 5.60x on Day 1

Modern Diagnostic IPO subscription started on Wednesday, December 31, 2025, and will close on January 2, 2026, as per the schedule. The price band is set at ₹85 to ₹90 per share with a face value of ₹10.

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Modern Diagnostic IPO Subscription Status

Modern Diagnostic IPO was subscribed over 5.60x on its First day till 05.00 PM on 31st December 2025. 

  • Modern Diagnostic IPO subscription QIB investors’ portion is 4.01x times, while NII subscribed 7.96x times, and RII investors subscribed 5.51x times.
  • The company has received bids for 1,53,05,600 shares against 27,31,200 shares on offer on the First day. 
  • Modern Diagnostic IPO was subscribed over 5.60x times on day 1.

About the Modern Diagnostic IPO

Modern Diagnostic & Research Centre Limited, founded in 1985, is one of the leading diagnostic and healthcare-related services providers in India. The company offers a complete range of diagnostic facilities in radiology and pathology. Modern Diagnostic is involved in providing healthcare tests and services for diagnosis for individual patients, hospitals, healthcare providers, and corporate clients. 

The company offers many diagnostic services in radiology and pathology, such as ultrasound and colour doppler, CT scan, MRI, digital X-ray, mammography, heart lab, neuro lab, laboratory tests, ECG, CBCT, OPG, PFT, and more. They also provide services like home sample collection, where they visit the patients to take the blood sample who are unable to visit the centre. Moreover, the company currently runs 21 centers, 17 labs, and 4 diagnostic centers across 8 states.

Modern Diagnostic IPO GMP

Modern Diagnostic IPO GMP was ₹12 as of Wednesday, 31st December. That indicates the IPO is trading at ₹102 with a ₹12 premium in the grey market against the issue price of ₹90.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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