Quest Laboratories Limited IPO

NSE SME

Listed On: May 23, 2024 at ₹ 155.1

₹ 116400 /1200 Shares

Check Allotment

Quest Laboratories Limited IPO Details

15 May, 2024

Open Date

17 May, 2024

Close Date

21 May, 2024

Allotment Date

23 May, 2024

Listing Date

Issue Price

₹93-97 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

155.1

Listing Date

2024-05-23

Market Lot

1200 Shares (₹116,400/-)

Lead Manager

Shreni Shares Limited

Issue Size

4,449,600 shares(aggregating up to ₹43.16 Cr

Retail Portion

35%

Subscription

85.26 times

IPO Docs

DRHP RHP

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

Total No. of Applications: 71,975 (Approx)

Quest Laboratories Limited Valuations

EPS Pre IPO

₹4.21/-

EPS Post IPO

₹6.31/-

P/E Pre IPO

23.03

P/E Post IPO

15.38

RoNW

34.03%

Quest 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

About The Company

Quest Laboratories Limited is a pharmaceutical company manufacturing a range of antibiotics, antimalarials, antispasmodics, anti-inflammatories, antiemetics, respiratory medications, diabetes treatments, antidepressants, and more.

The company operates in the domestic market across twelve (12) states and two (2) union territories. These include 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 located in Dhar, Madhya Pradesh.

The company holds WHO Schedule M GMP and GLP certifications, as well as ISO/IEC 17025:2017 and ISO 9001:2015 certifications.

By December 31st, 2023, the company employs 83 individuals to lookafter various aspects of its manufacturing operations, including production, quality control, technical and engineering support services, inventory management, administration, accounting, and other functions such as storage, packing, and dispatch.

Quest Laboratories Limited - Promoter(s)

Pre Issue Share Holding: 90.36%

Post Issue Share Holding: 65.82%

Company Promoter(s)

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

Company Contact Details

Quest Laboratories Limited

Plot No. 45, Sector III, Pithampur Industrial Area, Pithampur, Dhar - 454775

Phone: 07292292374

Email: investors@questlabltd.com

Website: https://www.questlabltd.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

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.