The Modern Diagnostic IPO minimum market lot is 3,200 shares with ₹2,88,000 application amount. The Modern Diagnostic IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Modern Diagnostic IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 4.79 | 0.00 | 0.00 |
| RII | 1.76 | 0.00 | 0.00 |
| Total | 1.90 | 0.00 | 0.00 |
Modern Diagnostic IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Modern Diagnostic IPO Review and Rating
- May Apply For Long-term View
Modern Diagnostic IPO Form
How to apply for the Modern Diagnostic IPO? You can apply for Modern Diagnostic IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Modern Diagnostic IPO in the Invest section. The other option is you can apply for Modern Diagnostic IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
