Quest Laboratories
Quest Laboratories Info
Details about the Quest Laboratories IPO. Opening Date of Quest Laboratories is 15 May 24 and Closing Date is 17 May 24 . Face Value of Each share of Quest Laboratories is ₹10 per share. Price band of Quest Laboratories is ₹93 to ₹97. The Lot size of Quest Laboratories is 1,200 shares. Total issue size of Quest Laboratories IPO is ₹43.16 cr. Fresh Issue of Quest Laboratories IPO is 43.16 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Quest Laboratories is 11,937,600. Share Holding Post Issue of Quest Laboratories is 16,387,200.
Business Summary
Quest Laboratories Limited is engaged in the business of manufacturing pharmaceutical formulations across a broad spectrum, including antibiotics, antimalarials, antispasmodics, anti-inflammatories, antiemetics, respiratory medications, diabetes treatments, antidepressants, and more. These formulations fall under the trademark `Quest Laboratories Limited`.
Quest Laboratories Limited produces a variety of products, comprising ethical drugs, generic drugs, and over-the-counter drugs (OTC).
These products are available in various forms such as tablets, liquid orals, oral dry powders, oral powders (ORS), ointments, and external liquids.
This comprehensive approach allows Quest Laboratories Limited to address a wide range of medical needs and preferences among patients.
Quest Laboratories IPO Details
| Open Date | 15 May 24 |
|---|---|
| Close Date | 17 May 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹93 - ₹97 |
| Lot Size | 1,200 Shares |
| Total issue Size | 4,449,600 Shares ₹43.16 cr |
| Fresh Issue | 4,449,600 Shares ₹43.16 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 11,937,600 |
| Share Holding Post Issue | 16,387,200 |
| Market Maker | Rikhav Securities |
| Market Maker Portion | 228,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Quest Laboratories IPO Timeline
The Quest Laboratories Initial Public Offering (IPO) is set to open on 15 May 24 and will end its subscription phase on 17 May 24. You can check your allotment status for Quest Laboratories on 21 May 24. The refund process for your funds will start promptly on 22 May 24. Quest Laboratories IPO credit of shares will be on 22 May 24. The listing date for Quest Laboratories is on 23 May 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Quest Laboratories IPO Reservation
The Quest Laboratories IPO reserves shares for different investor categories. Approximately Not more than 50.00% of the Net offer will be available for QIB, Not Less than 15% of the Net Issue will be available for NII, Not Less than 35% of the Net Issue will be available for Retail,
228,000 Shares will be reserved for subscription by Rikhav Securities
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50.00% of the Net offer |
| NII | Not Less than 15% of the Net Issue |
| Retail | Not Less than 35% of the Net Issue |
Quest Laboratories IPO Lot Size
Bids can be made for minimum of 1200 shares and in multiple of 1200 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 116,400 |
| Retail (Max) | 1 | 1,200 | 116,400 |
| HNI (Min) | 2 | 2,400 | 232,800 |
Quest Laboratories IPO Promoters Holding
Promoters holding details for Quest Laboratories in the current issue is as follows: The share holding of promoters before the issue stands at 90.36%, and after the issue, it has been adjusted to 65.82%.
Promoters of Quest Laboratories are Mr. Anil Kumar Sabarwal, Ms. Tejaswini Sabarwal,
| Share Holding Pre Issue | 90.36% |
|---|---|
| Share Holding Post Issue | 65.82% |
Quest Laboratories Financial Information
Financial performance details for Quest Laboratories over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 5,869.09 | 4,664.72 | 3,479.86 | 1,839.63 |
| Revenue | 6,217.83 | 6,186.6 | 5,954.2 | 3,043.55 |
| Profit After Tax | 774.93 | 502.85 | 410.5 | 65.5 |
Quest Laboratories IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Quest Laboratories are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 23.03 |
| ROCE | 41.86% |
| ROE | 34.03% |
| EPS (Rs) | 4.21 |
Object of the Issue
- • 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
Contact Details for Quest Laboratories
Phone
Office
Plot No. 45, Sector III Pithampur Industrial Area, Pithampur Dhar - 454775
Registrar Details for Quest Laboratories
Bigshare Services Pvt Ltd
Phone
Office
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Shreni Shares Limited