Modern Diagnostic & Research Centre Limited, founded by Mr. Devendra Singh Yadav, originated as 'Modern X-Ray and Clinical Lab' in 1985 as a proprietorship firm. It transitioned into 'Modern Diagnostic & Research Centre' in 1992 and further evolved into a private limited company in 2012. The business of M/s. Modern Diagnostics & Research Centre was acquired through a Business Transfer Agreement in 2013, and by December 2014, it became a public limited company under the name 'Modern Diagnostic & Research Centre Limited'.
The company specializes in providing diagnostic and healthcare testing services in India, offering a comprehensive range of services in pathology and radiology. Its operations are facilitated through a network of 21 centers across 8 states, which include 17 laboratories and 4 diagnostic centers. The service portfolio encompasses Ultrasound, CT scan, MRI, Digital X-ray, Mammography, Heart and Neuro lab tests, ECG, CBCT, PFT, and other advanced laboratory procedures, utilizing sophisticated and computerized instruments.
Modern Diagnostic & Research Centre has integrated advanced technology into its operations by implementing a PACS (Picture Archiving and Communication System). The system enables digital storage, remote access, and streamlined management of medical images to enhance workflow efficiency and accelerate diagnostic reporting, ensuring secure patient data storage alongside improved accessibility for accurate and timely healthcare decisions.
The company is currently planning an initial public offering (IPO) of 41,00,000 fresh equity shares, each valued at Rs. 10. Traders and investors should note the company's established presence in the diagnostic healthcare industry, its growing infrastructure, utilization of advanced technologies, wide-ranging service portfolio, and its strategic focus on IT integration as key drivers for potential market growth.
