Quest Laboratories Limited IPO Details Date . Quest Laboratories Limited was incorporated in 1998. Quest Laboratories Limited IPO subscription opens from 15 May 2024 and closes on 17 May 2024. IPO Face value is Rs.10 per share. IPO Issue bid size is between Rs.93 to Rs.97 per share. The lot size is 1200 shares . This is a Book Built Issue IPO.
- Quest Laboratories Limited IPO Offer For Sale is 44,49,600 shares .
- Quest Laboratories Limited Total Issue Size is 4,449,600 shares shares and company wants to aggregate up to ₹ 43.16 Cr).
- Company Share Holding, Pre Issue is 11,937,600 shares.
- Company Share Holding, Post Issue will be 16,387,200 shares.
- This IPO is Listing at NSE SME on 23 May 2024.
Shreni Shares Limited serves as the book running lead manager for the Quest Laboratories IPO, with Bigshare Services Pvt Ltd handling the registrar duties. Rikhav Securities is the appointed market maker for the IPO of Quest Laboratories
Quest Laboratories Limited IPO Timeline :
- Quest Laboratories Limited IPO issue opens on 15 May and closes on 17 May 2024.
- Cut Off Time of UPI Payment is, Friday by 5pm on 17 May 2024.
- IPO Issue Basis of Allotment is on 21 May 2024.
- Who did not get the allotment of shares, Refunds Initiation begins from 22 May 2024.
- Who got the allotment, Shares will be Credited in their Demat Account by 22 May 2024.
- Finally IPO lists on Friday 23 May 2024.This was the IPO timeline of Quest Laboratories Limited
Quest Laboratories Limited IPO Reservations for Investor Categories :
QIB Investors Shares Offered Not more than 50% of the Net Issue.
Retail Investors Offered Not less than 35% of the Net Shares Issue.
NII (HNI) Investors Offered Shares Not less than 15% of the Net Issue.
Quest Laboratories Limited IPO Lot Size Minimum to Maximum allotment for Investors :
- Retail Investor can apply for Minimum, 1 lot which has 1200 shares and investing amount ₹ 116,400.
- Retail Investor Maximum apply for 1 lot, 1200 shares, amount ₹ 116,400.
- HNI Investor Minimum 2 lot, 2400 shares, amount ₹ 232,800.
An Intro About Quest Laboratories Limited :
Established in June 1998, Quest Laboratories Limited is a pharmaceutical firm specializing in the production of a diverse array of medical products, including antibiotics, antimalarials, antispasmodics, anti-inflammatories, antiemetics, respiratory medications, diabetes treatments, and antidepressants.
The company’s operations span across twelve states and two union territories within the domestic market. These regions comprise Uttar Pradesh, Madhya Pradesh, Maharashtra, Delhi, Jharkhand, Assam, Karnataka, Jammu & Kashmir, Rajasthan, West Bengal, Gujarat, Telangana, Haryana, and Bihar.
Quest Laboratories Limited’s manufacturing facility is situated in Dhar, Madhya Pradesh.
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How to apply for Quest Laboratories Limited IPO Subscription ?
There are some simple steps to follow
- First go to your brokers website and login there
- 2nd after login see the IPO section and click there
- 3rd click the Quest Laboratories Limited Service Bid button
- 4th enter and confirm your UPI id here, Fill quantity and price than submit this application form.
- 5th Now visit your UPI app page and approve the amount transaction.
- 6th Now Finally IPO Bidding process is completed. Now you have subscribed for this IPO application