India, Jan. 27 -- Image credit- shutterstock

Gurugram-based Modern Diagnostic & Research Centre, a leading diagnostic chain, has successfully concluded its Initial Public Offering (IPO), raising Rs 36.89 crore, which received an exceptional response from investors across categories.

The issue was oversubscribed by a staggering 350.49 times at the close of the oversubscription period, which shows the market's confidence in the company's growth strategy and business model.

The IPO, which was open for subscription from Wednesday, December 31, 2025, closed on January 2, 2026, had its allotment of shares completed on Monday, January 5, 2026. The allotment status for the same was made available on the BSE website or on the registrar's websit...