Quest Laboratories IPO Details Today, GMP Price, Date, Review

Quest Laboratories IPO Subscription Status, Rate

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

  1. Funding of capital expenditure towards purchase of plant and machineries for expansion at the existing manufacturing facility.
  2.  Funding working capital requirements of our company.
  3.  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-

  1. Anil Kumar Sabarwal
  2. 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

2 thoughts on “Quest Laboratories IPO Details Today, GMP Price, Date, Review”

Leave a Comment

Facebook
Twitter
WhatsApp
Telegram
LinkedIn