Last IPO of 2025: Know GMP, price band and all details of Modern Diagnostic issue
The year 2025 can be marked as a year of deluge of public issues. There will be as many as 104 mainboard IPO listings and close to 270 SME IPO listings this year. Modern Diagnostic IPO is an IPO whose bid will open on Dec 31 but will list on Jan 7, 2026. Therefore, it can be said to be the last IPO of an eventful year.
Kolkata: Modern Diagnostic issue is set to open on Dec 31, making it the last public issue to open in the calendar year of 2025. This is a record-setting year when about 375 mainboard and SME public issues hit Dalal Street. Reports state just the mainboard issues have raised Rs 1.75 lakh from the market. Modern Diagnostic IPO is a book build issue designed to mop up Rs 36.89 crore from the market through issue of 0.41 crore fresh shares.
Modern Diagnostic & Research Centre is diagnostic chain in the country which offers a comprehensive range of pathology and radiology services. It provides an array of diagnostic tests, home collection of specimens, send online reports and prepare customised test packages for institutional customers/patients tailored to their specific needs. The company has a string of 21 centers which consists of 18 labs and three diagnostic centers which are spread across eight states.
Modern Diagnostic IPO GMP
Modern Diagnostic SME IPO on Dec 27 is zero. It has been zero since December 24. With a price band of Rs 90, the GMP signals a listing price of Rs 90 and the listing gain is simply zero. However, it must be remembered that GMP is an unofficial gauge, is volatile and cannot guarantee any listing gain (or loss).
Modern Diagnostic IPO price band, lot size
The Modern Diagnostic IPO price band has been set at Rs 85-90. The lot size for an application is 1,600 for a retail investor. The minimum amount of investment required by a retail investor is Rs 2,88,000 based on the upper price. For HNIs the minimum lot size for investment is three lots or 4,800 shares.
Beeline Capital Advisors is the book running lead manager. MUFG Intime India has been appointed the registrar of the issue and the Market Maker of the company is Spread X Securities.
Modern Diagnostic IPO key dates
Bid opens: Dec 31, 2025
Bid closes: Jan 2, 2026
Allotment: Jan 5
Refund: Jan 6
Credit of shares to demat: Jan 6
Listing: Jan 7
Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, REITs, InvITs and any form of alternative investment instruments and crypto assets.

