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Quest Laboratories Ltd

Registered Office : Plot # 45 Sector III,Pithampur,Dhar Madhya Pradesh 454775 Phone : 0729 2292 374
Fax :

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

Opens On

Closes On

15-May-2024

17-May-2024

Money Payable On

Application

Allotment

97.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

39.38

43.16

16.39

97.00

Shreni Shares Ltd

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