Modern Diagnostic & Research Centre Limited
BBSE:MDRC60.00
INR
-2.62
(-4.18%)
ISIN
INE1HK501016
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
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81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Devendra Singh Yadav
- Full Time Employees
- 612
- Sector
- Health services
- Industry
- Medical/Nursing services
- Address
- Gurugram India
- IPO Date
- Jan 7, 2026
- Website
- mdrcindia.com
- Similar Companies
- Business
- Modern Diagnostic & Research Centre Limited is an India-based healthcare diagnostic services provider that offers a comprehensive portfolio of clinical pathology and diagnostic radiology services. The company operates through two core business segments: Pathology Services and Radiology and Imaging Services. Its pathology offerings comprise clinical biochemistry; hematology; clinical pathology; immunology; serology; microbiology; histopathology; cytopathology; cytogenetics; and advanced molecular diagnostics, including next-generation sequencing (NGS), non-invasive prenatal testing (NIPT), chromosomal microarray analysis, and liquid chromatography-tandem mass spectrometry (LC-MS/MS). Its radiology and imaging portfolio encompasses 3-Tesla magnetic resonance imaging (MRI); 128-slice dual-energy computed tomography (CT) scans; positron emission tomography-computed tomography (PET-CT); digital radiography (X-ray); 3D and 4D ultrasound and colour Doppler imaging; digital mammography; bone mineral densitometry (DEXA); and specialized physiological diagnostic tests, including electrocardiography (ECG), echocardiography, treadmill stress testing (TMT), electroencephalography (EEG), and electromyography (EMG). In addition, the company provides preventive health check-up packages, corporate wellness solutions, and at-home specimen collection services. Modern Diagnostic & Research Centre Limited serves individual outpatients, corporate organizations, hospitals, and institutional healthcare clients across eight Indian states through an extensive network of diagnostic laboratories and processing centers. In recent developments, the company converted into a public limited entity in December 2024 and completed its initial public offering (IPO) on the BSE SME platform in January 2026, raising approximately INR 36.89 crore in fresh capital. The proceeds are directed toward capital expenditures for procuring advanced medical diagnostic equipment, expanding its laboratory and imaging infrastructure, funding working capital, and accelerating regional network growth. Founded in 1985 as Modern X-Ray and Clinical Lab and incorporated as a corporate entity in 2012, Modern Diagnostic & Research Centre Limited is headquartered in Gurugram, Haryana, India.