Quest Laboratories Ltd IPO

Quest Laboratories Limited issues 44,49,600 shares worth INR 43.16cr to fund expansion, cover working capital, and meet general corporate goals.

Important Details

Open Date : May 15, 2024 Close Date : May 17, 2024 Allotment Date: May 21, 2024 Listing Date: May 23, 2024

Important Details

IPO Price: INR 93-97 per share Lot Size: 1200 shares Total Issue Size: INR 43.16 crores

Fundamental Analysis

Quest Laboratories Technologies financial analysis: 1. Yearly revenue growth, Doubled profitability. 2. Consistent expansion of equity & liabilities. 3. Reflects potential growth & reduced debt reliance.

Peer Comparison

Quest Laboratories Limited : Stable with favorable P/E ratio, Robust return on equity. Beta Drugs Limited : High market capitalization, Impressive profitability. Alpa Laboratories Limited : Steady growth, Solid returns. Zenith Drugs Limited : Moderate performance.


Quest Laboratories Limited objective: 1. Finance capital expenditure for expanding manufacturing facilities. 2. Fund working capital needs. 3. Ensure growth and operational stability.

Risks And Challenges

Quest Laboratories Limited risk factors: 1. Potential harm from promoters conviction & ongoing appeal. 2. Regulatory scrutiny impacting operations & Dependency on industry customers. 3. Changes threatening revenue and profitability.