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Modern Diagnostic & Research Centre IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details
Modern Diagnostic & Research Centre Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Modern Diagnostic & Research Centre IPO allotment date is 05 January 2025, Monday, Modern Diagnostic & Research Centre IPO Allotment will be out on 05 January 2025, Monday, and will be live on Registrar Website from the allotment date.
Check MUFG Intime India Private Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Modern Diagnostic & Research Centre IPO from the dropdown list of IPO
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.
The Share Price Band of Modern Diagnostic & Research Centre IPO is set at ₹85 to ₹90 per share per equity share. The Market Capitalisation of the Modern Diagnostic & Research Centre at IPO price of ₹90 per equity share will be ₹ 135.89 Crores. The lot size of the IPO is 1600 shares. Retail investors are required to invest a minimum of ₹ 288,000, 2 lots ( 3200 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is 3 lots ( 4,800 shares), amounting to ₹ 432,000.
BEELINE CAPITAL ADVISORS PRIVATE LIMITED are the book running lead manager of the Modern Diagnostic & Research Centre Ltd. while MUFG Intime India Private Limited is the registrar for the issue. The Market Maker of the company is HEM SECURITIES LIMITED
Modern Diagnostic & Research Centre Limited IPO GMP Today
The Grey Market Premium of Modern Diagnostic & Research Centre IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.
Modern Diagnostic & Research Centre Limited IPO Live Subscription Status Today: Real-Time Update
The subscription period for the Modern Diagnostic & Research Centre IPO opens on 31 December, 2025
Modern Diagnostic & Research Centre Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Modern Diagnostic & Research Centre IPO allotment date is 05 January 2025, Monday, Modern Diagnostic & Research Centre IPO Allotment will be out on 05 January 2025, Monday, and will be live on Registrar Website from the allotment date.
Check MUFG Intime India Private Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Modern Diagnostic & Research Centre IPO from the dropdown list of IPO
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.
Objectives of Modern Diagnostic & Research Centre Limited IPO
Modern Diagnostic & Research Centre to utilise the Net Proceeds towards the following objects:
1. ₹2068.95 Lakh is required for Funding capital expenditure for purchase of medical Equipments for diagnostic centre and laboratories
2. ₹800.00​​​​​​​ Lakh is required for Funding Working Capital Requirement
3. ₹100.00​​​​​​​​​​​​​​ Lakh is required for Repayment of certain outstanding borrowings availed by our Company
4. General Corporate Purpose
Refer to Modern Diagnostic & Research Centre Limited RHP for more details about the Company.
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