Sensex
83,184.80 profit arw 236.57 (0.29%)
Nifty
25,415.80 profit arw 38.25 (0.15%)
Nasdaq
17,573.30 profit arw -54.76 (-0.31%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
IPO

IPO Details


Quest Laboratories Ltd
Registered Office: Plot # 45 Sector III, Pithampur, Dhar - 454775, Madhya Pradesh
Phone: 0729 2292 374
Email: investors@questlabltd.com
Website: www.questlabltd.com
Initial public offer of 44,49,600 equity shares of face value of Rs. 10/- each (the Equity Shares) of Quest Laboratories Limited (The Company or Quest or The Issuer) for cash at a price of Rs. 97/- per equity share including a share premium of Rs. 87/- per equity share (the Issue Price) aggregating to Rs. 43.16 crores (The Issue), of which 2,28,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 97/- per equity share including a share premium of Rs. 87/- per equity share aggregating to Rs. 2.21 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., net issue of 42,21,600 equity shares of face value of Rs. 10/- each at a price of Rs. 97/- per equity share including a share premium of Rs. 87/- per equity share aggregating to Rs. 40.95 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 27.15% and 25.76% respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The issue price is 9.7 times the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
15-May-2024 17-May-2024 ₹ 97.00 ₹ 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
(₹)Cr. Lead Managers to the Issue
Project Cost 39.38 Shreni Shares Ltd
Project Financed through Current Offer 43.16
Post Issue Equity Share Capital 16.39
Issue Price ₹97.00
Projects
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
Promoted By
Anil Kumar Sabarwal
Tejaswini Sabarwal
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

17,573.30 -54.76 (-0.31%)

HANG SENG

18013.16 353.14(2.00%)