Quest Laboratories Ltd
Price Range
₹93 - ₹97
Min. Quantity
1,200
Closes on
17 May 2024
Min. investment
₹1,16,400/1,200 Shares
Quest Laboratories Ltd IPO Timeline
Quest Laboratories Ltd was originally incorporated under the name 'Quest Laboratories Private Limited' vide Certificate of Incorporation dated June 01, 1998, issued by the Registrar of Companies Madhya Pradesh, Gwalior. Thereafter, the status of the Company changed to Public Limited and the name of Company was changed to 'Quest Laboratories Limited' vide fresh Certificate of Incorporation issued on January 23, 2024, by Registrar of Companies, Centralised Processing Centre.
| Event | Date |
|---|---|
| Quest Laboratories Ltd IPO Opening Date | 15 May 2024 |
| Quest Laboratories Ltd IPO Closing Date | 17 May 2024 |
| Basis of Allotment | 21 May 2024 |
| Initiation of Refunds | 22 May 2024 |
| Credit of Shares to Demat | 22 May 2024 |
| Quest Laboratories Ltd IPO Listing Date | 23 May 2024 |
Quest Laboratories Ltd IPO Details
| Quest Laboratories Ltd IPO Date | 15 May 2024 to 17 May 2024 |
| Quest Laboratories Ltd IPO Face Value | ₹10 per share |
| Quest Laboratories Ltd IPO Price | ₹93 to ₹97 per share |
| Quest Laboratories Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹43.16 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹43.16 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Anil Kumar Sabarwal, Tejaswini Sabarwal |
Quest Laboratories Ltd IPO Lot Size
The Quest Laboratories Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,16,400).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,16,400 |
| Maximum | 1 | 1,200 | ₹1,16,400 |
- Strengths
- Risks
- Opportunities
- Multi-product capability.
- Revenue from Government institutions.
- Product Portfolio.
- Research and Development.
- Quality assurance.
- Experienced Promoter and management team.
- Supply Chain Efficiency.
Company Financials
Quest Laboratories Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 59.29 | 82.79 | 10.09 |
| 03-2023 | 46.94 | 61.87 | 5.04 |
| 03-2022 | 34.8 | 59.54 | 4.11 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of capital expenditure towards purchase of plant and machinery for expansion at the existing mfg facility
- Funding working capital requirements of the company
- General corporate purposes
Quest Laboratories Ltd IPO Promoter Holding
| Pre Issue Share Holding | 85.17% |
| Post Issue Share Holding | 62.04% |
Quest Laboratories Ltd IPO Subscription Status (Bidding Detail)
The Quest Laboratories Ltd IPO is subscribed 57.2621 times on 17 May 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 57.2621 |
Quest Laboratories Ltd IPO Prospectus
Quest Laboratories Ltd IPO Listing Date
| Listing Date | 23 May 2024 |
| BSE Script | 92906 |
| NSE Symbol | QUESTLAB |
| Listing In | NSE - SME |
| ISIN | INE0TNW01017 |
| IPO Price | ₹97 |
| Face Value | ₹10 |
Company Contact Information
Plot # 45 Sector IIIPithampur,Dhar-454775
Phone: 0729 2292 374
Email: investors@questlabltd.com
Website: www.questlabltd.com
Quest Laboratories Ltd IPO Registrar
Quest Laboratories Ltd IPO Lead Manager(s)
- Shreni Shares Ltd
FAQ
What is the issue size of Quest Laboratories Ltd IPO?
I have pre-applied for Quest Laboratories Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.