ReferIndia News Modern Diagnostic & Research Centre Plans ₹37 Crore IPO on BSE SME Platform

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Modern Diagnostic & Research Centre Plans ₹37 Crore IPO on BSE SME Platform

Published on: Dec. 26, 2025, 5:28 p.m. | Source: scanx.trade

Modern Diagnostic & Research Centre plans to raise ₹37.00 crore through a BSE SME IPO, offering 40.99 lakh shares at ₹85.00-₹90.00 per share. The issue opens December 31 for retail investors, with proceeds funding medical equipment purchases, working capital, debt repayment, and expansion initiatives. Management expects the capital to enhance testing capabilities and support network expansion across diagnostic centres.

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