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Quest Laboratories IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in Dhar and caters to Pharmaceutical sector. Shreni Shares is the merchant banker of Quest Laboratories IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 1st March 2024.
Quest Laboratories IPO open date is 13th May 2024 and close date is 17th May 2024. IPO Allotment Date is 21st May 2024 and Listing date is 23rd May 2024.
IPO
Size:
₹ 43.16 Cr.
Avg IPO Size (Sector Based)
: ₹
21.21 cr.
Sector: Pharmaceutical
SME
IPO so far:
37
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Dhar
SME
IPO so far:
2
Revenue (annualised):
₹
82.89
cr. 
PE
Ratio:
15.38x
Average Sector PE Ratio: 20.29x
Quest Laboratories IPO size is ₹ 43.16 Cr. with IPO price of ₹ 97.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the Quest Laboratories IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Quest Laboratories IPO.
Quest Laboratories IPO anchor investors are the below investors. The number of anchor investors in this IPO is 4.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Craft Emerging Market | 387,600.00 | ₹ 97.00 | ₹ 37,597,200.00 |
| Rajasthan Global Securities | 127,200.00 | ₹ 97.00 | ₹ 12,338,400.00 |
| TGISME Fund | 103,200.00 | ₹ 97.00 | ₹ 10,010,400.00 |
| Persistent Growth Fund- | 618,000.00 | ₹ 97.00 | ₹ 59,946,000.00 |
Quest Laboratories IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Quest Laboratories IPO, based in Dhar, operates in the Pharmaceutical sector with a focus on pharmaceutical company manufacturing a range of antibiotics. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Quest Laboratories IPO size is ₹ 43.16 Cr. with fresh issue size of ₹ 43.16 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Quest Laboratories IPO is expected to be 21st May 2024, after the finalization of basis of allotment. Investors can check Quest Laboratories IPO allotment status on the registrars website, Bigshare Services Private Limited. Quest Laboratories IPO refund dates are 22nd May 2024.
Quest Laboratories IPO is expected to be listed on 23rd May 2024.
The upper price band for the Quest Laboratories IPO is set at ₹ 97.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Quest Laboratories IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Quest Laboratories IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 17th May 2024. After submission, funds are blocked until the basis of allotment of Quest Laboratories IPO is finalised.
The merchant banker for Quest Laboratories IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Quest Laboratories IPO RHP for further details.
The registrar for Quest Laboratories IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Quest Laboratories IPO through their official website or helpline.
Quest Laboratories IPO was subscribed 85.26 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 43.16 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.21 Cr.
Sector: Pharmaceutical
SME
IPO so far:
37
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Dhar
SME
IPO so far:
2
Revenue (annualised):
₹ 82.77 cr.
PE
Ratio:
15.38x
Average Sector PE Ratio: 20.29x
Quest Laboratories IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Quest Laboratories Financial Review Page
Merchant Banker(s) of Quest Laboratories IPO: Shreni Shares Limited
Quest Laboratories IPO subscription was 85.26 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Quest Laboratories IPO listed at a listing price of 147.35 against the offer price of 97.00.
The current market price of Quest Laboratories is 109.80.
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