Modern Diagnostic IPO vs Oremet Alloys IPO

Comparison between Modern Diagnostic IPO and Oremet Alloys IPO.

IPO Details

Modern Diagnostic IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Oremet Alloys IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Modern Diagnostic IPO is up to ₹35.04 Cr whereas the issue size of the Oremet Alloys IPO is up to ₹0.00 Cr. The final issue price of Modern Diagnostic IPO is ₹90.00 per share and of Oremet Alloys IPO is .

 Modern Diagnostic IPOOremet Alloys IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹85.00 per share
Issue Price (Upper)₹90.00 per share
Issue Price (Final)₹90.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1600 shares
Fresh Issue Size38,92,800 shares44,26,800 shares
Fresh Issue Size (Amount)up to ₹35.04 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total38,92,800 shares44,26,800 shares
Issue Size Total (Amount)up to ₹35.04 Crup to ₹0.00 Cr

IPO Timetable

Modern Diagnostic IPO opens on Dec 31, 2025, while Oremet Alloys IPO opens on . The closing date of Modern Diagnostic IPO and Oremet Alloys IPO is Jan 02, 2026, and , respectively.

Financials & KPIs

Modern Diagnostic IPO P/E ratio is 11.04, as compared to Oremet Alloys IPO P/E ratio of .

 Modern Diagnostic IPOOremet Alloys IPO
Financials

Company Financials (Restated)

Modern Diagnostic & Research Centre Ltd.'s revenue increased by 15% and profit after tax (PAT) rose by 55% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets77.8664.5749.4936.54
Total Income22.6778.8068.6756.61
Profit After Tax3.008.975.79-5.73
EBITDA5.8617.9611.05-0.99
NET Worth23.7220.7311.765.96
Reserves and Surplus12.729.7310.764.96
Total Borrowing30.3822.0920.4615.31
Amount in ₹ Crore

Company Financials (Restated)

Oremet Alloys & Castings Ltd.'s revenue decreased by 22% and profit after tax (PAT) rose by 52% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets54.0755.4835.32
Total Income198.62254.38178.73
Profit After Tax14.169.342.88
EBITDA15.777.121.22
NET Worth27.3713.213.87
Reserves and Surplus15.4011.503.86
Total Borrowing4.7712.389.54
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99100
Promoter Shareholding (Post-Issue)72.85
P/E Ratio11.04
Market Cap₹135.89 Cr.
ROE55.2169.81
ROCE36.1861.50
Debt/Equity1.070.17
EPS₹8.15
RoNW43.2769.81

Shares Offered

In the Modern Diagnostic IPO Retail Individual Investors (RII) are offered 13,63,200 shares while in Oremet Alloys IPO retail investors are offered 13,63,200 shares. Qualified Institutional Buyers (QIB) are offered 7,82,400 shares in Modern Diagnostic IPO and in Oremet Alloys IPO.

 Modern Diagnostic IPOOremet Alloys IPO
Anchor Investor Reservation11,61,600 shares
Market Maker Reservation2,06,400 shares
QIB7,82,400 shares
NII5,85,600 shares
RII13,63,200 shares
Employee0 shares
Others
Total38,92,800 shares

Bids Received (Subscription)

Modern Diagnostic IPO subscribed 376.90x in total, whereas Oremet Alloys IPO subscribed .

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Modern Diagnostic IPO Vs Oremet Alloys IPO