Quest Laboratories Limited IPO
Quest Laboratories Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹93–₹97 per share. The stock debuted at ₹155.1, delivering a listing gain of 59.9%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,16,400.
Quest Laboratories Limited IPO
- IPO Dates
- May 15, 2024 – May 17, 2024
- Price band
- ₹93-97 per equity share
- Minimum Investment
- ₹1,16,400
- Issue size
- ₹43.16 Cr
- Lot size
- 1200
- Allotment Date
- May 21, 2024
- Listing
- May 23, 2024
- Listing At
- NSE SME
IPO timeline
-
May 15, 2024
Open Date
Completed
-
May 17, 2024
Close Date
Completed
-
May 21, 2024
Allotment Date
Completed
-
May 23, 2024
Listing Date
Completed
Quest Laboratories Limited IPO Essentials
Quest Laboratories Limited IPO Details
Quest Laboratories Limited IPO is priced at ₹93-97 per share with a total issue size of 43.16 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹93-97 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,449,600 shares(aggregating up to ₹43.16 Cr
- Total issue size
- 44,49,600 shares
(aggregating up to ₹43.16 crore) - Fresh issue
- 44,49,600 shares
(aggregating up to ₹43.16 crore) - Listing at
- NSE SME
- List price
- 155.1
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Shreni Shares Limited
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,16,400 |
| Retail(max) | 1 | 1200 | ₹1,16,400 |
| NII (min) | 2 | 2,400 | ₹2,32,800 |
Quest Laboratories Limited IPO Reservation
Quest Laboratories Limited IPO reservation details show category-wise allocation of shares. Out of the total 4,449,600 shares, approximately 18.69% are reserved for QIB, 14.72% for NII, 33.68% for retail investors, 5.12% for market maker, and 27.78% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,236,000 (27.78%) | |
| Market Maker Shares Offered | 228,000 (5.12%) | |
| QIB Shares Offered | 831,600 (18.69%) | |
| NII (HNI) Shares Offered | 655,200 (14.72%) | |
| Retail Shares Offered | 1,498,800 (33.68%) | |
| Total Shares Offered | 4,449,600 (100%) |
Quest Laboratories Limited IPO Analytics
Quest Laboratories Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Quest Laboratories Limited IPO Subscription Status
Quest Laboratories Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 831,600 / 655,200 | 1,498,800 | 2,985,600 |
|
Day 1
15-05-24 06:00 PM
|
(0.01 / 0.76) x | 2.17 x | 1.26 x |
|
Day 2
16-05-24 06:00 PM
|
(0.01 / 2.39) x | 6.34 x | 3.71 x |
|
Day 3
17-05-24 06:00 PM
|
(57.20 / 184.10) x | 57.63 x | 85.26 x |
Quest Laboratories Limited Valuations
Earnings
- EPS Pre IPO
- ₹4.21/-
- EPS Post IPO
- ₹6.31/-
- P/E Pre IPO
- 23.03
- P/E Post IPO
- 15.38
Returns
- ROE
- 34.03%
- ROCE
- 41.86%
- RoNW
- 34.03%
- PAT Margin
- 12.48
Fundamentals
- Debt / Equity
- 0.20
- Price / Book
- 4.59
Quest Laboratories Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 4,664.72 | 3,479.86 | 1,839.63 |
| Revenue | 6,186.60 | 5,954.20 | 3,043.55 |
| Profit After Tax | 502.85 | 410.50 | 65.50 |
| Net Worth | 1,502.21 | 999.38 | 588.84 |
| Reserves & Surplus | 1,394.33 | 891.50 | 480.96 |
| Total Borrowing | 409.69 | 312.54 | 304.03 |
Quest Laboratories Limited Company & Offer Insights
About Quest Laboratories Limited
Incorporated in June 1998, Quest Laboratories Limited is a pharmaceutical company that manufactures a wide range of antibiotics, antimalarials, antispasmodics, anti-inflammatories, antiemetics, respiratory drugs, diabetes, antidepressants, and more.
The company caters to the domestic market of twelve (12) states and two (2) union territories. These are Uttar Pradesh, Madhya Pradesh, Maharashtra, Delhi, Jharkhand, Assam, Karnataka, Jammu & Kashmir, Rajasthan, West Bengal, Gujarat, Telangana, Haryana, and Bihar.
The manufacturing unit of the company is situated in Dhar, Madhya Pradesh.
The company is holding WHO Schedule M GMP and GLP accreditations and ISO/IEC 17025:2017 and ISO 9001:2015 accreditations.
As on 31st December 2023, the company will have 83 employees to take care of all the different functions of its manufacturing process from production, quality control, technical and engineering support services, inventory management, administration, account, and other storehouse and packing and dispatch.
Quest Laboratories Limited Promoter(s)
Mr. Anil Kumar Sabarwal, Ms. Tejaswini Sabarwal are the company's promoters of Quest Laboratories Limited.
Quest Laboratories Limited IPO Issue Objectives
- •
- Funding of capital expenditure towards purchase of plant and machinery for expansion at the existing manufacturing facility
- •
- Funding working capital requirements of the company
- •
- General corporate purposes;
Quest Laboratories Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Quest Laboratories Limited | 4.66 | 4.66 | 13.93 | N/A | 33.47 | N/A | Standalone |
| Beta Drugs Limited | 19.57 | 19.57 | 100.12 | 66.43 | 19.55 | 12.98 | Standalone |
| Alpa Laboratories Ltd. | 5.9 | 5.9 | 68.69 | 15.92 | 8.59 | 1.37 | Standalone |
| Zenith Drugs Limited | 4.29 | 4.29 | 14.37 | 14.69 | 29.88 | 4.38 | Consolidated |
Notes:
- The figures for the company are based on Restated Financial Statements for the year ended March 31, 2023 after considering the bonus issue.
- The figures for the Peer Group are based on the Standalone Financial Statements filed for the financial year ended March 31, 2023, except for Zenith Drugs Limited, which is based on Consolidated Financial Statements.
- The P/E Ratio has been computed based on their respective closing market price on May 06, 2024, divided by the Basic EPS as on March 31, 2023.
Contact Information
Contact Details
Quest Laboratories Limited
07292292374
Plot No. 45, Sector III, Pithampur Industrial Area, Pithampur, Dhar - 454775
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Quest Laboratories Limited IPO is a book-built IPO worth ₹43.16 crore. The price band is ₹93–₹97 per share. The IPO opens on May 15, 2024 and closes on May 17, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Quest Laboratories Limited IPO is ₹93 to ₹97 per share.
The lot size of Quest Laboratories Limited IPO is 1200 shares.
The minimum investment for Quest Laboratories Limited IPO is approximately ₹1,16,400 based on the upper price band .
Quest Laboratories Limited IPO opens on May 15, 2024 and closes on May 17, 2024.
The allotment date of Quest Laboratories Limited IPO is May 21, 2024.
Quest Laboratories Limited IPO is expected to be listed on May 23, 2024, on NSE SME Platform.
Quest Laboratories Limited IPO valuation snapshot: P/E 15.38, EPS ₹6.31/-, P/B 4.59, RoNW 34.03%, and market cap N/A.
To apply for Quest Laboratories Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Quest Laboratories Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Quest Laboratories Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Quest Laboratories Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Quest Laboratories Limited IPO allotment status on IPO Ji for quick and easy access.