Quest Laboratories Limited IPO

Price
₹93 - ₹97
Lot
1200
Subs.
N/A
Expected Listing Earning

Exp. Premium(GMP):
N/A(N/A%)
IPO Details

Open Date: 15-May-2024
Close Date: 17-May-2024
Allotment Date: 21-May-2024
Listing Date: 23-May-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹93-97 Per Equity Share
Issue Size: Total Issue Size 4,449,600 shares (aggregating up to ₹43.16 Cr) : Fresh Issue 4,449,600 shares (aggregating up to ₹43.16 Cr)
Market Lot (Min Amount): Retail - ₹116,400 : HNI - ₹232,800
Valuations

Earning Per Share(EPS)4.21/-
P/E Ratio23.03
RoNW34.03%
Net Asset Value (NAV) - Post Issue:13.93/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Dec,20235,869.096,217.83774.93
31 Mar,20234,664.726,186.60502.85
31 Mar,20223,479.865,954.20410.50
31 Mar,20211,839.633,043.5565.50
Promoter(s)

Pre Issue Share Holding90.36%
Post Issue Share Holding65.82%
Company Promoter(s)
1. Mr. Anil Kumar Sabarwal
2. Ms. Tejaswini Sabarwal
Issue Objective(s)

The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

  1. Funding of capital expenditure towards purchase of plant and machinery for expansion at the existing manufacturing facility;
  2. Funding working capital requirements of the company;
  3. General corporate purposes;
About Company

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.

Disclaimer

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