Modern Diagnostic & Research Centre IPO Allotment

SME

Why was my application for the Modern Diagnostic & Research Centre IPO rejected?

The reason you didn't get the Modern Diagnostic & Research Centre IPO could be:

  • IPO became oversubscribed and the allotment process was completed through a lottery.
  • The IPO application was rejected due to a mismatch or incomplete information.
  • The issue price was higher than the bid price. (Always apply on the cut-off price).

What is the expected listing price of the Modern Diagnostic & Research Centre IPO?

The anticipated listing price for the Modern Diagnostic & Research Centre IPO is influenced by various factors, such as market demand, the company's business model, the overall market conditions, and the state of the economy. While the Grey Market Premium for the Modern Diagnostic & Research Centre IPO can offer a clue, it is difficult to predict the final listing price with certainty.