MD

Modern Diagnostic SME

SME₹36.89 Cr issue
+10.56%
Listing gain over issue price
Issue size
₹36.89 Cr
1 lot at cut-off
₹1,44,000
Lot size
1,600shares
Allotment
05 Jan 2026
Listing
07 Jan 2026

Listing performance

Issue price
₹90
Listed at
₹99.5
Listing-day close
₹94.99
Latest price
₹51
Listing gain
+10.56%
Return since listing
-43.33%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Allotment
    05 Jan 2026
  2. Refund
    06 Jan 2026
  3. Demat credit
    06 Jan 2026
  4. Listing
    07 Jan 2026

Grey market premium

Unofficial and indicative — not a forecast

₹14

3 observations recorded — too few to plot a trend.

Day-wise premium · 3 observations
DateGMP%SaudaEst. listingGain / lot
07 Jan 2026₹14+15.56%₹17,000₹104₹22,400
06 Jan 2026₹14+15.56%₹17,000₹104₹22,400
05 Jan 2026₹13.5+15.00%₹16,400₹103.5₹21,600

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

Listing date
07 Jan 2026
Face value
₹10 per share
Issue price
₹90 per share
Lot size
1,600 shares
Total issue size
₹36.89 Cr
Market cap at offer price
₹136 Cr
Promoter holding
99.99% → 72.85% pre-issue → post-issue
ISIN
INE1HK501016
Registrar
MUFG Intime India Pvt.Ltd.
Lead managers
Beeline Capital Advisors Pvt.Ltd.
Registered office
Plot No H-64, 1st Floor BLK-H, Bali Nagar City landmark near Khetar Pal Hospital, Ramesh Nagar, West, New Delhi

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB11,61,600
Market maker 2,06,400

Application size

Minimum 1,600 shares per lot, in multiples, at ₹90

ApplicationLotsSharesAmount
Retail (min)11,600₹1,44,000
S-HNI (min)23,200₹2,88,000
S-HNI (max)69,600₹8,64,000
B-HNI (min)711,200₹10,08,000

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
11,61,600
Anchor portion
₹10.45 Cr
at ₹90 per share

Valuation and performance

Valuation at offer price

₹90 per share

MetricPre-issuePost-issue
EPS (₹)8.157.94
P/E (×)11.0411.34
Price to book (×)4.78
Market cap₹136 Cr

Key performance indicators

Latest reported period

Return on net worth
43.27%
ROCE
36.18%
Debt / equity
1.07
PAT margin
11.51%
EBITDA margin
23.04%
NAV per share
₹18.84
Price to book
4.78

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.