Quest Laboratories Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,067,600 (46%) | — | ₹2,006 Cr |
| NII (HNI) | — | 655,200 (15%) | — | ₹636 Cr |
| Retail | — | 1,498,800 (34%) | — | ₹1,454 Cr |
| Market Maker | — | 228,000 (5%) | — | ₹22 Cr |
| Σ Total | — | 4,449,600 (100%) | — | ₹43,161 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹116,400 |
| Retail (Max) | 13 | 15,600 | ₹1,513,200 |
| S-HNI (Min) | 14 | 16,800 | ₹1,629,600 |
| B-HNI (Min) | 67 | 80,400 | ₹7,798,800 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 6,218 | 6,187 | 5,954 |
| Profit After Tax | 6,218 | 6,218 | 411 |
| Net Worth | 2,277 | 1,502 | 999 |
| Total Assets | 5,869 | 4,665 | 3,480 |
| Reserves & Surplus | 1,198 | 892 | 892 |
| Total Borrowing | 461 | 410 | 313 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects 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; –
- Funding working capital requirements of the company; –
Company Overview
Incorporated in June 1998, Quest Laboratories Limited is a pharmaceutical company manufacturing a range of antibiotics, antimalarials, antispasmodics, anti-inflammatories, antiemetics, respiratory medications, diabetes treatments, antidepressants, and more.
The company operates in the domestic market across twelve (12) states and two (2) union territories. These include Uttar Pradesh, Madhya Pradesh, Maharashtra, Delhi, Jharkhand, Assam, Karnataka, Jammu & Kashmir, Rajasthan, West Bengal, Gujarat, Telangana, Haryana, and Bihar.
The manufacturing unit of the company is located in Dhar, Madhya Pradesh.
The company holds WHO Schedule M GMP and GLP certifications, as well as ISO/IEC 17025:2017 and ISO 9001:2015 certifications.
By December 31st, 2023, the company employs 83 individuals to lookafter various aspects of its manufacturing operations, including production, quality control, technical and engineering support services, inventory management, administration, accounting, and other functions such as storage, packing, and dispatch.