Check Modern Diagnostic IPO Allotment Status
The Modern Diagnostic & Research Centre Ltd. (MDRC) IPO opened on 31 December 2025 and closed on 2 January 2026, with a price band of ₹ 85–₹ 90 per share and a lot size of 1,600 shares. The IPO is a fresh-issue SME IPO, sized around ₹ 36.89 crore, aiming to raise capital for expanding diagnostic centers and upgrading medical equipment.
Once the IPO subscription closes, investors naturally await the basis of allotment to know whether they’ve been allocated shares. For Modern Diagnostic, the basis of allotment is expected to be finalized on 5 January 2026, with refunds (if any) and credit to Demat accounts to follow shortly.
To check your allotment status online, follow any of these reliable routes:
- Visit the website of the official registrar for MDRC’s IPO, MUFG Intime India Pvt. Ltd., and enter your PAN, application number or Demat ID in their “Public Issues / IPO Allotment” section.
- Alternatively, use the official portal of BSE SME (since MDRC is listing on BSE SME) — go to “Application Status Check,” select “Equity,” choose “Modern Diagnostic & Research Centre Ltd.” and enter your application number or PAN to view allotment results.
- You can also verify via the exchange-level IPO bidding verification module on National Stock Exchange of India (NSE) website (if your application was through NSE), by entering your application details.
Once you check and, if allotted, your shares will reflect in your Demat account around the listing date, which for Modern Diagnostic is scheduled on 7 January 2026.
Tips for investors: Keep handy your PAN, application number or Demat account details. Use the official registrar or exchange websites — avoid third-party unverified portals. If the IPO is over-subscribed, getting an allotment may depend on category quotas (retail, HNI, institutional) or luck via computerized draw.
