09/01/2026
A proud and defining milestone for Modern Diagnostic & Research Centre 👏
On 7th January 2026, Modern Diagnostic & Research Centre Limited marked its official listing on the BSE SME platform, celebrating a successful transition into the public markets in the presence of key stakeholders, partners, and well-wishers.
The listing ceremony commemorated the remarkable success of MDRC’s IPO, which witnessed an overwhelming investor response with a ₹36.89 Cr issue size, a price band of ₹85–₹90 per share, and an exceptional subscription of 376.90 times, reflecting strong market confidence in the company’s vision and fundamentals.
The event brought together the leadership of the company, representatives from BSE India Limited, and Beeline Capital Advisors Pvt. Ltd., who played a pivotal role as the Book Running Lead Manager. The ceremonial gong ringing marked the beginning of a new growth phase for MDRC as a publicly listed healthcare diagnostics company.
This milestone stands as a testament to the trust of our investors, the dedication of our team, and our continued commitment to delivering reliable, high-quality diagnostic services across India. As we step forward, we remain focused on sustainable growth, transparency, and long-term value creation.
