:::LALKAR GROUP::::

Quest Laboratories Ltd

Registered Office: Plot # 45 Sector III,Pithampur, Dhar - 454775, Madhya Pradesh, India.
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		Money Payable On
Opens On	Closes On	Application	Allotment
15-May-24	17-May-24	97.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 1200 Further Multiples of : 1200

	(Rs)	Lead Managers to the Issue
Project Cost	39.38	Shreni Shares Ltd
Project Financed through Current Offer	43.16
Post Issue Equity Share Capital	16.39
Issue Price	97.00

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

No Data Available