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, India.
Website :  www.mdrcindia.com
Initial public issue of upto 40,99,200 equity shares of face value of (₹) 10/- each of Modern Diagnostic & Research Centre Limited ("MDRC" or the "Company" or the "Issuer") for cash at a price of (₹) 85-(₹) 90 per equity share including a share premium of (₹) 75-(₹) 80 per equity share (the "Issue Price") aggregating to (₹) 34.84- (₹) 36.89 crores ("the Issue"), of which 2,06,400 equity shares of face value of (₹) 10/- each for cash at a price of (₹) 85-(₹) 90 per equity share including a share premium of (₹) 75-(₹)80 per equity share aggregating to (₹) 1.75-(₹) 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 (₹) 10/- each at a price of (₹) 85-(₹) 90 per equity share including a share premium of (₹) 75-(₹) 80 per equity share aggregating to (₹) 33.09-(₹) 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 (₹) 10/- each. Price Band: (₹) 85/- to (₹) 90/- per equity share of face value (₹) 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
85.00-90.00
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
34.84
 
Post Issue
15.09
 
Issue Price
85.00
 
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
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
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