Quest Laboratories IPO Details Today : Quest Laboratories IPO is Open on 15 May 2024 and Close on 17 May 2024. Quest Laboratories IPO to Raise 4,449,600 shares (Approx ₹43.16 Cr) via IPO. The Fresh Issue of 4,449,600 shares (Approx ₹43.16 Cr).
Quest Laboratories Limited is engaged in the business of manufacturing of pharmaceutical formulations across a broad spectrum, including antibiotics, antimalarials, antispasmodics, anti-inflammatories, antiemetics, respiratory medications, diabetes treatments, antidepressants, and more.
Our Company also possesses Good Laboratory Practice (GLP) certificate issued by Food & Drug Administration, Bhopal, Madhya Pradesh, indicating its commitment to maintaining high standards of quality and compliance in laboratory operations, particularly within the pharmaceutical sector.
We maintain precision, adhere to protocols, and deliver results in a timely manner, all of which are paramount in pharmaceutical and related industries. Having these resources and capabilities in-house allows our Company to support various aspects of product development, quality control, and regulatory compliance. As a result.
Quest Laboratories IPO Date & Price Band Details
| IPO Open Date | May 15, 2024 |
|---|---|
| IPO Close Date | Mar 17, 2024 |
| IPO Size | 4,449,600 shares (Approx ₹43.16 Cr) |
| Fresh Issue | 4,449,600 shares (Approx ₹43.16 Cr) |
| Lot Size | 1200 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹93 - ₹97 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Quest Laboratories IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹116,400 |
| Retail Maximum | 1 | 1200 | ₹116,400 |
| S-HNI Minimum | 2 | 2400 | ₹232,800 |
Object of the issue
- Funding of capital expenditure towards purchase of plant and machineries for expansion at the existing manufacturing facility.
- Funding working capital requirements of our company.
- General corporate purposes.
Quest Laboratories IPO Allotment & Listing Date (Details)
| IPO Open Date | 15 May 2024 |
|---|---|
| IPO Close Date | 17 May 2024 |
| Basis of Allotment | 21 May 2024 |
| Refunds | 22 May 2024 |
| Credit to Demat Account | 22 May 2024 |
| IPO Listing Date | 23 May 2024 |
Quest Laboratories Financial Reports
| ₹ in Lakhs | |||
|---|---|---|---|
| Year | Revenue | Net Worth | PAT |
| 31 Dec 2023 | ₹6,217.83 | ₹2,277.15 | ₹774.93 |
| 2023 | ₹6,186.60 | ₹1,502.21 | ₹502.85 |
| 2022 | ₹5,954.20 | ₹999.38 | ₹410.50 |
| 2021 | ₹3,043.55 | ₹588.84 | ₹65.50 |
Our Company Promoters-
- Anil Kumar Sabarwal
- Tejaswini Sabarwal
Qualitative Factors
- Multi-product capability
- Revenue from Government institutions
- Product Portfolio
- Research and Development
- Quality assurance
- Experienced Promoter and management team
- Supply Chain Efficiency
Quest Laboratories Comparison Listed Industry Peers Group
| Company Name | Face Value | EPS | P/E Ratio | Ro NW (%) | NAV Per |
|---|---|---|---|---|---|
| Quest Laboratories Limited | 10.00 | 4.66 | [.] | 33.47% | 13.93 |
| Peer Group | |||||
| Beta Drugs Limited | 10.00 | 19.57 | 67.57 | 19.55% | 100.12 |
| Alpa Laboratories Limited | 10.00 | 5.90 | 17.11 | 8.59% | 68.69 |
| Zenith Drugs Limited | 10.00 | 4.29 | 24.51 | 29.88% | 14.37 |
Comparison of accounting ratios with listed Industry peers.
- Quest Laboratories Limited
- Beta Drugs Limited
- Alpa Laboratories Limited
- Zenith Drugs Limited
Quest Laboratories Company Contact Details
Plot No. 45 Sector III Pithampur,
Dhar – 454775, Madhya Pradesh, India.
Tel No: 07292-292374
Email: investors@questlabltd.com
Website: www.questlabltd.com
Quest Laboratories IPO Registrar
Bigshare Services Private Limited
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai – 400 093,
Maharashtra, India
Tel No: 022 – 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Investor Grievance E-mail: investor@bigshareonline.com
Contact Person: Mr. Vinayak Morbale
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