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Modern Diagnostic & Research Centre Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Modern Diagnostic & Research Centre Ltd IPO

Registered Office: Plot #.H-64,1St Flr BLK-H Bali,Nagar City Landmark Ramesh Ngr , New Delhi - 110015 , Delhi , India.
Phone : +91 99994 74297   Fax:
Email :  compliance@mdrcindia.com  
Website :  www.mdrcindia.com
Initial public issue of upto 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)85-(Rs)90 per equity share including a share premium of (Rs)75-(Rs)80 per equity share (the "Issue Price") aggregating to (Rs)34.84- (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)85-(Rs)90 per equity share including a share premium of (Rs)75-(Rs)80 per equity share aggregating to (Rs)1.75-(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)85-(Rs)90 per equity share including a share premium of (Rs)75-(Rs)80 per equity share aggregating to (Rs)33.09-(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)85/- to (Rs)90/- per equity share of face value (Rs)10/- each. The floor price is 8.50 times of the face value and the cap 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-25 02-Jan-26 (Rs)85.00-90.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3200  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Beeline Capital advisors Pvt Ltd
Project Financed through Current Offer 34.84  
Post Issue Equity Share Capital 15.09  
Issue Price (Rs)85.00  
 
Projects
Funding capital expenditure for purchase of medical Equipments for diagnostic centre and laboratoriesRepayment of certain outstanding borrowings availed by the company
Funding working capital requirementGeneral corporate expenses
Promoted By
Devendra Singh Yadav  
Deepali Yadav  
Asha Yadav  
Listing At
BSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd