Modern Diagnostic SME IPO GMP Today
The Modern Diagnostic SME IPO closed on 2 January 2026. Modern Diagnostic SME IPO GMP is Rs 14.00 today. Listing price estimate is Rs 104.00 (issue price Rs 90.00). Listing gain estimate: 15.56%.
Issue Price
Rs 90.00
GMP Today
Rs 14.00
GMP %
+15.56%
Listing Price
Rs 104.00
Listing Gain / Lot
Rs 44,800.00
Listing Date
7 Jan 2026
Modern Diagnostic SME IPO GMP Day Wise
GMP for Modern Diagnostic SME started at Rs 0 on 24 December 2025 and stood at Rs 12 on 5 January 2026. The sharpest single-day jump was from Rs 0 on 29 Dec 2025 to Rs 10 on 30 Dec 2025. The upward move through the subscription window usually reflects building demand across investor categories rather than a one-day spike.
| Date | Issue Price | GMP | Listing Price | Estimated Profit |
|---|---|---|---|---|
| 5 Jan 2026Today | Rs 90.00 | Rs 12.00 | Rs 102.00 (+13.33%) | Rs 38,400.00 |
| 4 Jan 2026 | Rs 90.00 | Rs 16.00 | Rs 106.00 (+17.78%) | Rs 51,200.00 |
| 3 Jan 2026 | Rs 90.00 | Rs 16.00 | Rs 106.00 (+17.78%) | Rs 51,200.00 |
| 2 Jan 2026 | Rs 90.00 | Rs 16.00 | Rs 106.00 (+17.78%) | Rs 51,200.00 |
| 1 Jan 2026 | Rs 90.00 | Rs 14.00 | Rs 104.00 (+15.56%) | Rs 44,800.00 |
| 31 Dec 2025 | Rs 90.00 | Rs 13.00 | Rs 103.00 (+14.44%) | Rs 41,600.00 |
| 30 Dec 2025 | Rs 90.00 | Rs 10.00 | Rs 100.00 (+11.11%) | Rs 32,000.00 |
| 29 Dec 2025 | Rs 90.00 | Rs 0.00 | Rs 90.00 (+0.00%) | Rs 0.00 |
| 28 Dec 2025 | Rs 90.00 | Rs 0.00 | Rs 90.00 (+0.00%) | Rs 0.00 |
| 27 Dec 2025 | Rs 90.00 | Rs 0.00 | Rs 90.00 (+0.00%) | Rs 0.00 |
| 26 Dec 2025 | Rs 90.00 | Rs 0.00 | Rs 90.00 (+0.00%) | Rs 0.00 |
| 25 Dec 2025 | Rs 90.00 | Rs 0.00 | Rs 90.00 (+0.00%) | Rs 0.00 |
| 24 Dec 2025 | Rs 90.00 | Rs 0.00 | Rs 90.00 (+0.00%) | Rs 0.00 |
Modern Diagnostic SME IPO Listing Price
Based on today's GMP, Modern Diagnostic SME IPO listing price estimate is Rs 104.00 per share (issue price Rs 90.00 + GMP Rs 14.00).
Actual listing price will be known on 7 January 2026 when the stock lists on NSE/BSE.
Modern Diagnostic SME IPO Listing Gain
Lot size: 1600 shares (min. 2 lots for SME)
GMP today: Rs 14.00
Estimated listing gain per lot: Rs 14.00 × 3200 = Rs 44,800.00
GMP at roughly 15.6% suggests solid informal demand. The grey market expects the stock to list noticeably above the issue price.
GMP has moved up over the tracked period. Steady increases through the subscription window are usually a stronger signal than a single-day spike.
GMP is unofficial. Listing gain can differ on listing day.
Modern Diagnostic SME IPO Subscription Status
GMP and subscription numbers often move together. When institutional and HNI demand is strong, grey market participants usually price in a higher premium. Current overall subscription for Modern Diagnostic SME is 376.97x. Compare this with the GMP trend to see if demand aligns. The GMP move around 30 Dec 2025 may reflect how the market reacted once the subscription window activity picked up after 31 Dec 2025.
See live figures on the Modern Diagnostic SME IPO Subscription Status page.
Modern Diagnostic SME IPO Details
| Field | Value |
|---|---|
| Price Band | ₹85.0 - ₹90.0 |
| Issue Size | ₹35.04 Cr |
| Lot Size | 1600 shares |
| IPO Type | BSE SME |
| Open Date | 31 Dec 2025 |
| Close Date | 2 Jan 2026 |
| Listing Date | 7 Jan 2026 |
| Subscription | 376.97x |
Modern Diagnostic SME IPO full details (financials, peers, review).
About Modern Diagnostic SME
Modern Diagnostic & Research Centre Limited (MDRC), established in 1985, is a prominent diagnostic services network in India. The company provides a comprehensive range of pathology and radiology solutions, including high-end molecular diagnostics, 3-Tesla MRI, and 128-slice CT scans. Operating 21 centers across 8 states, MDRC leverages a hub-and-spoke model and a centralized IT platform to offer digital reports and home sample collection. It serves a diverse clientele of individual patients, hospitals, and institutional customers.
Modern Diagnostic SME IPO GMP FAQs
What is the current GMP for Modern Diagnostic SME?
The current GMP for Modern Diagnostic SME is Rs 14 as of 21 June 2026, 10:47 PM IST. This is a premium of 15.56% over the issue price of Rs 90.
What is the estimated listing price based on current GMP?
The estimated listing price is Rs 104 per share, calculated as issue price (Rs 90) plus GMP (Rs 14). Actual listing price will be confirmed on 7 January 2026.
Will Modern Diagnostic SME IPO list at the GMP price?
Modern Diagnostic SME IPO may list around Rs 104 based on current GMP of Rs 14, but there is no guarantee it will list exactly at the grey market price. GMP is unofficial. The actual listing price on 7 January 2026 depends on market sentiment, subscription demand, and broader index levels on listing day. When subscription is strong and GMP holds steady after the IPO closes, listing price often comes close to the GMP estimate. Sharp GMP drops after subscription close have led to listings below the grey market price in the past.
What is the estimated profit per lot based on GMP?
At GMP of Rs 14 and lot size of 1600 shares (minimum 2 lots for SME), estimated grey market profit is Rs 44,800 (2 lots x 1600 shares x Rs 14). This is unofficial and not guaranteed.
What is GMP (Grey Market Premium)?
GMP is the premium at which IPO shares trade in the unofficial grey market before listing on NSE or BSE. It reflects informal demand and sentiment, not an exchange-set price.
How is GMP calculated?
Estimated listing price = issue price + GMP. GMP percentage = (GMP / issue price) x 100. Estimated profit per lot = GMP x lot size x minimum lots (2 for SME, 1 for mainboard).
Is GMP reliable for IPO investment decisions?
GMP is a sentiment indicator. Use it with subscription data, financials, valuation, and market conditions. It does not guarantee listing price or listing day gains.
Can GMP change before listing?
Yes. GMP can change between the close date (2 January 2026) and listing date (7 January 2026) based on market mood, news, and broader index movement.
What happens if GMP is negative?
Negative GMP suggests weak informal demand and possible listing below issue price. Actual listing may still differ.
How does GMP affect IPO subscription?
Rising GMP can attract more applications in the final hours of subscription. High GMP with weak fundamentals has still led to poor listings, so read subscription category-wise before applying.
Where can I track Modern Diagnostic SME subscription and allotment?
Check Modern Diagnostic SME IPO subscription status on IPOwiz for live category-wise bids. Allotment status can be checked from the allotment date on the IPOwiz allotment page.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. GMP verified before publish.