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Quest Laboratories Limited IPO

Quest Laboratories Limited IPO

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Listed Price: ₹ 155.10 (+59.90%)

Quest Laboratories Limited's achieved publicly listed status following its IPO debut on 23-05-2024 at the NSE platform. The offering successfully mobilized 44,49,600 Shares, with 44,49,600 Shares allocated to corporate growth initiatives.

Investment participation occurred within the established price band of ₹93 to ₹97, starting from minimum lots of 1200 shares. The subscription window from 15-05-2024 through 17-05-2024 enabled investor participation across market segments.

Share allocation was completed on 21-05-2024, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

Quest Laboratories IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Quest Laboratories IPO Key Performance Indicator
Company Financials ( In Lakhs )

Quest Laboratories IPO About Company

Founded in June 1998, Quest Laboratories Limited is a well-known pharmaceutical company that produces a wide range of medicines, including antibiotics, antimalarials, pain relievers, respiratory treatments, diabetes medications, and antidepressants. The company operates across 12 states and 2 union territories in India, including Uttar Pradesh, Maharashtra, Delhi, Karnataka, and more. Headquartered in Dhar, Madhya Pradesh, Quest Laboratories runs advanced manufacturing facilities that meet strict international quality standards like WHO GMP, GLP, and ISO certifications. With a skilled team of 83 professionals handling production, quality control, engineering, inventory, and administration, the company is dedicated to maintaining top-quality standards and delivering reliable medical solutions.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Quest Laboratories IPO Strength Factors

  1. Wide Product Range: The company offers a variety of medicines for different health needs, making it adaptable to market changes and creating more opportunities for growth.
  2. Trusted by Government Institutions: Working with government institutions shows the company’s strong reputation and reliability, ensuring stable and long-term financial success.
  3. Strong Product Portfolio: Covering multiple medical fields, the company stays competitive, expands its market reach, and remains a key player in the pharmaceutical industry.

Quest Laboratories IPO Risk Factors

  1. Legal Challenges: Ongoing legal cases could affect the company’s business, reputation, and financial health. Negative outcomes, especially those involving the promoter, may lead to disruptions and financial risks.
  2. Promoter’s Legal Issues: The promoter’s legal troubles, including imprisonment and appeals, create uncertainty about the company’s future. Any unfavorable rulings could impact operations and stability.
  3. Quality Control Risks: Issues in manufacturing or product quality could harm the company’s reputation, leading to legal troubles, regulatory fines, and financial setbacks. Maintaining high standards is crucial for market trust and long-term success.

Quest Laboratories IPO Lead Manager(s)

  • Shreni Shares Limited

Quest Laboratories IPO Promoter(s)

  1. Mr. Anil Kumar Sabarwal
  2. Ms. Tejaswini Sabarwal

Quest Laboratories IPO Company Details

Quest Laboratories Limited
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Quest Laboratories IPO Registrar

Bigshare Services Private Limited
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Quest Laboratories IPO FAQs