Upcoming IPO, Sept. 13 -- Diagnostic and healthcare test services provider Modern Diagnostic & Research Centre Limited has received BSE's approval to file its draft papers with the markets regulator, the Securities and Exchange Board of India (Sebi), to raise funds via an initial public offering, the company informed on Friday, September 12.

The company provides healthcare test services in areas such as anatomical pathology, clinical pathology, forensic pathology, and molecular pathology, along with radiology, which includes diagnostic and interventional radiology services such as X-ray, computed tomography (CT scan), magnetic resonance imaging (MRI), ultrasound, colour doppler, CBCT, mammography, and BMD.

The diagnostic service provide...