Modern Diagnostic IPO
Healthcare (Diagnostics) - Listed on 07 January 2026
Modern Diagnostic IPO listing summary
Modern Diagnostic (Healthcare (Diagnostics)) closed its IPO window in 2026 and listed on NSE and BSE on 07 January 2026 at an upper band issue price of Rs 90, opening at Rs 99.5 for a listing gain of +10.6% and closing day one at Rs 94.99 (+5.5% on closing basis). The IPO was subscribed 376.83x overall - QIB 193.51x, HNI/NII 702.40x, Retail 342.18x. The total issue size was Rs 36.89 Cr (Fresh Issue Rs 36.89 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Modern Diagnostic IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 12 | +13.33% |
| Day 2 | Rs 15 | +16.67% |
| Day 3 | Rs 15 | +16.67% |
| Day 4 | Rs 9 | +10.00% |
| Day 5 | Rs 11 | +12.22% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Modern Diagnostic IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Modern Diagnostic IPO - FAQs
What was the listing gain of Modern Diagnostic IPO?
Modern Diagnostic IPO listed at +10.6% versus the upper issue price of Rs 90 on 07 January 2026.
How many times was Modern Diagnostic IPO subscribed?
Modern Diagnostic IPO was subscribed 376.83x overall. QIB portion was subscribed 193.51x, HNI / NII 702.40x and Retail 342.18x.
What was the IPO GMP for Modern Diagnostic?
IPO GMP started at Rs 12 on Day 1 and moved to Rs 11 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.