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Quest Laboratories IPO Gains Momentum, 3.41x Subscribed on Day 2

Quest Laboratories Limited IPO saw continued interest on Day 2, subscribed 3.41 times, showing strong market acceptance and confidence in the company's future in the laboratory sector.
Quest Laboratories IPO Gains Momentum, 3.41x Subscribed on Day 2
Quest Laboratories IPO Gains Momentum, 3.41x Subscribed on Day 2

Quest Laboratories Limited IPO continued to draw attention on Day 2, achieving a subscription rate of 3.41 times. This steady interest underscores the market’s positive reception and investor confidence in the company’s capabilities and future prospects in the laboratory sector.

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How To Check Quest Laboratories Limited IPO Subscription Status? 

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Quest Laboratories Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Quest Laboratories IPO Allotment Status

The allotment date for the Quest Laboratories IPO is set for May 21, 2024, with shares priced at a range of ₹93 to ₹97 per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples.

Quest Laboratories IPO Subscription Status

Quest Laboratories Limited IPO saw a modest start on Day 1, with the issue being subscribed 1.11 times. This shows a slightly higher demand than the shares available, reflecting initial investor interest in the company’s public offering

Quest Laboratories Limited IPO Listing Date 

Quest Laboratories Limited IPO is expected to be listed on the NSE SME on May 23, 2024.

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