Quest Laboratories Limited IPO
NSE SMEListed On: May 23, 2024 at ₹ 155.1
₹ 116400 /1200 Shares
Check Allotment15 May, 2024
Open Date17 May, 2024
Close Date21 May, 2024
Allotment Date23 May, 2024
Listing DateIssue Price
₹93-97 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
155.1Listing Date
2024-05-23Market Lot
1200 Shares (₹116,400/-)Lead Manager
Shreni Shares LimitedIssue Size
4,449,600 shares(aggregating up to ₹43.16 CrRetail Portion
35%Subscription
85.26 times
The IPO of Quest Laboratories Limited is priced at ₹93-97 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.
Quest Laboratories Limited IPO bid opening date is from May 15, 2024 and the bid closing date was May 17, 2024.
Quest Laboratories Limited IPO allotment result will be available on May 21, 2024. The tentative listing date for Quest Laboratories Limited is May 23, 2024.
The total issue size is 4,449,600 shares(aggregating up to ₹43.16 Cr.
Quest Laboratories Limited IPO Subscription Details
| 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
EPS Pre IPO
₹4.21/-EPS Post IPO
₹6.31/-P/E Pre IPO
23.03P/E Post IPO
15.38ROE
34.03%ROCE
41.86%Debt/Equity
0.20RoNW
34.03%PAT Margin
12.48Price to Book Value
4.59Quest Laboratories Limited Company Financials All values are in ₹ Lakh
| 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 |
About The Company
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)
Pre Issue Share Holding: 90.36%
Post Issue Share Holding: 65.82%
- Mr. Anil Kumar Sabarwal
- Ms. Tejaswini Sabarwal
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;
Other Details
Quest Laboratories Limited
Plot No. 45, Sector III, Pithampur Industrial Area, Pithampur, Dhar - 454775Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Quest Laboratories Limited IPO - FAQs
Ans. Quest Laboratories Limited IPO is a SME IPO. The issue is priced at ₹93-97 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on May 15, 2024, and closes on May 17, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Quest Laboratories Limited IPO opens on May 15, 2024 and closes on May 17, 2024.
Ans. The size of Quest Laboratories Limited IPO is 4,449,600 shares(aggregating up to ₹43.16 Cr.
Ans. The IPO price band is set between ₹93-97 per equity share.
Ans. To apply for Quest Laboratories Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Quest Laboratories Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Quest Laboratories Limited IPO is May 21, 2024.
Ans. The Quest Laboratories Limited IPO will be listed on May 23, 2024.
Ans. Follow the steps to check the allotment status for Quest Laboratories Limited IPO here.
