Upcoming IPO, April 2 -- Gurugram-based pathology and imaging firm Modern Diagnostic & Research Centre Ltd filed its draft red herring prospectus (DRHP) with the markets regulator Securities and Exchanges Board of India (SEBI) on Monday, April 1.

The company started its pathology and imaging operations in 1985 from New Railway Road in Gurugram, and since then, it has catered to more than 1.5 crore customers.

According to the data collected from the official website, the company has 21 centres across the nation, including 17 laboratories and 4 diagnostic centres, where it has conducted more than 20 crore tests.

Modern Diagnostic, through a book-built issue, aims to raise money from the Indian stock market from a fresh issuance of 41,00,...