Modern Diagnostic & Research Centre Ltd

The Promoter, Mr. Devendra Singh Yadav started its operations of Diagnostic Centre in the name and style of 'Modern X-Ray and Clinical Lab' as Proprietorship firm in year 1985, which was later designated as 'Modern Diagnostic & Research Centre' in 1992. Modern Diagnostic & Research Centre Limited was erstwhile incorporated as 'Modern Diagnostic & Research Centre Private Limited' as a private company, vide Certificate of Incorporation dated April 16, 2012 issued by Registrar of Companies, Delhi . Thereafter, the Company acquired the business of M/s. Modern Diagnostics & Research Centre, a Proprietorship Concern through Business Transfer Agreement in 2013. Subsequently, its status got converted from private limited into public limited and the name of the Company was changed to 'Modern Diagnostic & Research Centre Limited' pursuant to fresh certificate of incorporation dated December 18, 2024 issued by Registrar of Companies, Central Processing Centre. Initially, the Firm was engaged in the business of Diagnostic Centre. Today, Company is a services provider in diagnostic and related healthcare tests services in India. It offer a one-stop solution for pathology and radiology testing services such as imaging (including radiology), pathology/clinical laboratory. Through an integrated, nationwide network, it offer a complete diagnostic facilities in radiology and pathology. Company's strength lies in providing a comprehensive, one-stop solution for diagnostic services at affordable prices. Presently, the Company runs 21 centres which includes 18 laboratories and 3 diagnostics centres in 8 states. Its healthcare tests and services include Ultrasound and colour doppler, CT scan, MRI, Digital X-ray, Mammography, Heart lab, Neuro lab and laboratory, ECG, CBCT, OPG, PFT etc. It perform these tests and services in the clinical laboratories using sophisticated and computerized instruments. As far as concerned, Company has implemented a PACS (Picture Archiving and Communication System) for efficient data storage, retrieval, and management of medical images. This advanced system allows to store diagnostic images such as X-rays, CT scans, MRIs, and ultrasounds in a digital format, eliminating the need for physical film. Additionally, PACS enables seamless remote access to medical images and reports via the internet. This allows radiologists and healthcare professionals to analyze and interpret diagnostic images from any location, improving workflow efficiency and ensuring faster reporting. With this system, patient data remains securely stored while providing quick and convenient access for accurate diagnosis and timely medical decisions. Company launched the IPO comprising a fresh issue of 40,99,200 Equity Shares of Rs 10, aggregating to Rs 36.89 crores on January 2, 2026.