Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Modern Diagnostic IPO vs Snehaa Organics IPO

Comparison between Modern Diagnostic IPO and Snehaa Organics IPO.

IPO Details

Modern Diagnostic IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Snehaa Organics IPO is a SME Bookbuilding proposed to list at NSE SME.

 Modern Diagnostic IPOSnehaa Organics IPO
LogoModern Diagnostic IPO LogoSnehaa Organics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Fast Track Finsec Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Nirman Share Brokers Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Modern Diagnostic IPO is up to ₹0.00 Cr whereas the issue size of the Snehaa Organics IPO is up to ₹31.05 Cr. The final issue price of Modern Diagnostic IPO is and of Snehaa Organics IPO is ₹122.00 per share.

 Modern Diagnostic IPOSnehaa Organics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹115.00 per share
Issue Price (Upper)₹122.00 per share
Issue Price (Final)₹122.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1000 shares
Fresh Issue Size41,00,000 shares25,45,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹31.05 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total41,00,000 shares25,45,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹31.05 Cr

IPO Timetable

Modern Diagnostic IPO opens on , while Snehaa Organics IPO opens on Aug 29, 2025. The closing date of Modern Diagnostic IPO and Snehaa Organics IPO is , and Sep 02, 2025, respectively.

 Modern Diagnostic IPOSnehaa Organics IPO
Anchor Bid DateAug 28, 2025
Issue OpenAug 29, 2025
Issue CloseSep 02, 2025
Basis Of Allotment (Tentative)Sep 03, 2025
Initiation of Refunds (Tentative)Sep 04, 2025
Credit of Share (Tentative)Sep 04, 2025
Listing date (Tentative)Sep 05, 2025
Anchor Lockin End date 1Oct 03, 2025
Anchor Lockin End date 2Dec 02, 2025

Financials & KPIs

Modern Diagnostic IPO P/E ratio is , as compared to Snehaa Organics IPO P/E ratio of 12.47.

 Modern Diagnostic IPOSnehaa Organics IPO
Financials

Modern Diagnostic & Research Centre Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets57.7949.4936.5448.7
Total Income40.3368.6756.6160.58
Profit After Tax4.965.79-5.73-1.45
Net Worth16.7111.765.9611.7
Reserves and Surplus15.7110.764.9610.7
Total Borrowing21.1320.4615.3120.4
Amount in ₹ Crore
EBITDA
Promoter Shareholding (Pre-Issue)100.0099.99
Promoter Shareholding (Post-Issue)73.68
P/E Ratio12.47
Market Cap₹124.18 Cr.
ROE65.40%49.66%
ROCE25.58%50.38%
Debt/Equity1.740.61
EPS₹9.78
RoNW49.28%49.66%

Shares Offered

In the Modern Diagnostic IPO Retail Individual Investors (RII) are offered while in Snehaa Organics IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Modern Diagnostic IPO and 1,26,000 shares in Snehaa Organics IPO.

 Modern Diagnostic IPOSnehaa Organics IPO
Anchor Investor Reserveration0 shares
Market Maker Reserveration1,34,000 shares
QIB1,26,000 shares
NII12,09,000 shares
RII12,10,000 shares
Employee0 shares
Others
Total25,45,000 shares

Bids Received (Subscription)

Modern Diagnostic IPO subscribed in total, whereas Snehaa Organics IPO subscribed 27.75x.

 Modern Diagnostic IPOSnehaa Organics IPO
QIB (times)42.19x
NII (times)16.23x
Big NII (times)16.80x
Small NII (times)15.10x
RII (times)37.75x
Employee (times)
Other (times)
Total (times)27.75x