Hamburger

Manumangalanubhai Manumangalangaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

IPO Synopsis
Modern Diagnostic & Research Centre Ltd
Registered Office: Plot #.H-64,1St Flr BLK-H Bali, Nagar City Landmark Ramesh Ngr, New Delhi - 110015, Delhi
Phone: 1
Email: 1
Website: 1
Initial public issue of up to 40,99,200 equity shares of face value of Rs. 10/- each of Modern Diagnostic & Research Centre Limited ("MDRC" or the "Company" or the "Issuer") for cash at a price of Rs. 90 per equity share including a share premium of Rs. 80 per equity share (the "Issue Price") aggregating to Rs. 36.89 crores ("the Issue"), of which 2,06,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 90 per equity share including a share premium of Rs. 80 per equity share aggregating to Rs. 1.86 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 38,92,800 equity shares of face value of Rs. 10/- each at a price of Rs. 90 per equity share including a share premium of Rs. 80 per equity share aggregating to Rs. 35.04 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.15% and 25.78%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. Price Band: Rs. 90/- per equity share of face value Rs. 10/- each. The floor price is 9.00 times of the face value. Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
31-Dec-2025 02-Jan-2026 90.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 33.02
Project Financed through Current Offer 36.89
Post Issue Equity Share Capital 15.09
Issue Price 90.00
Projects
Funding capital expenditure for purchase of medical Equipments for diagnostic centre and laboratories
Funding working capital requirement
Repayment of certain outstanding borrowings availed by the company
General corporate expenses
Promoted By
Devendra Singh Yadav
Deepali Yadav
Asha Yadav
BSE - SME
Registrar to the Issue
MUFG Intime India Pvt Ltd
Attention Investor
As per CDSL communiqué, kindly update your Email ID, Mobile Number and Income Range in your CDSL Demat Account on or before 31st May 2021. Non-compliant accounts will become inactive after 31st May 2021.  |  Prevent unauthorized transactions in your Demat account by updating your registered mobile number with your Depository Participant. Receive alerts for all debit and other important transactions directly from CDSL.  |  No need to issue cheques while subscribing to an IPO. Simply authorize your bank account in the application form.  |  KYC is a one-time process. Once completed through a SEBI-registered intermediary, you do not need to repeat it with another intermediary.  |  Update your mobile number and email ID with your stock broker to receive transaction alerts directly from the Exchange.