Indian Emulsifiers IPO vs Quest Laboratories IPO

Comparison between Indian Emulsifiers IPO and Quest Laboratories IPO.

IPO Details

Indian Emulsifiers IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Quest Laboratories IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Indian Emulsifiers IPO is up to ₹40.26 Cr whereas the issue size of the Quest Laboratories IPO is up to ₹40.95 Cr. The final issue price of Indian Emulsifiers IPO is ₹132.00 per share and of Quest Laboratories IPO is ₹97.00 per share.

 Indian Emulsifiers IPOQuest Laboratories IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹125.00 per share₹93.00 per share
Issue Price (Upper)₹132.00 per share₹97.00 per share
Issue Price (Final)₹132.00 per share₹97.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size30,50,000 shares42,21,600 shares
Fresh Issue Size (Amount)up to ₹40.26 Crup to ₹40.95 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total30,50,000 shares42,21,600 shares
Issue Size Total (Amount)up to ₹40.26 Crup to ₹40.95 Cr

IPO Timetable

Indian Emulsifiers IPO opens on May 13, 2024, while Quest Laboratories IPO opens on May 15, 2024. The closing date of Indian Emulsifiers IPO and Quest Laboratories IPO is May 16, 2024, and May 17, 2024, respectively.

 Indian Emulsifiers IPOQuest Laboratories IPO
Anchor Bid DateMay 10, 2024May 14, 2024
Issue OpenMay 13, 2024May 15, 2024
Issue CloseMay 16, 2024May 17, 2024
Basis Of Allotment (Tentative)May 17, 2024May 21, 2024
Initiation of Refunds (Tentative)May 21, 2024May 22, 2024
Credit of Share (Tentative)May 21, 2024May 22, 2024
Listing date (Tentative)May 22, 2024May 23, 2024
Anchor Lockin End date 1Jun 16, 2024Jun 20, 2024
Anchor Lockin End date 2Aug 15, 2024Aug 19, 2024

Financials & KPIs

Indian Emulsifiers IPO P/E ratio is 30.54, as compared to Quest Laboratories IPO P/E ratio of 23.03.

 Indian Emulsifiers IPOQuest Laboratories IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets61.7734.3219.100.60
Total Income48.7041.1817.68
Profit After Tax6.753.890.04-0.00
NET Worth26.3612.048.150.01
Reserves and Surplus17.353.930.04-0.00
Total Borrowing22.4420.3010.690.59
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets58.6946.6534.8018.40
Total Income62.1861.8759.5430.44
Profit After Tax7.755.034.110.66
NET Worth22.7715.029.995.89
Reserves and Surplus11.9813.948.924.81
Total Borrowing4.614.103.133.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)65.2590.36
Promoter Shareholding (Post-Issue)48.1165.82
P/E Ratio30.5423.03
Market Cap₹161.33 Cr.₹158.96 Cr.
ROE25.61%34.03%
ROCE38.03%41.86%
Debt/Equity0.510.20
EPS₹4.32₹4.21
RoNW25.60%34.03%

Shares Offered

In the Indian Emulsifiers IPO Retail Individual Investors (RII) are offered 10,70,000 shares while in Quest Laboratories IPO retail investors are offered 10,70,000 shares. Qualified Institutional Buyers (QIB) are offered 6,10,000 shares in Indian Emulsifiers IPO and 8,31,600 shares in Quest Laboratories IPO.

 Indian Emulsifiers IPOQuest Laboratories IPO
Anchor Investor Reservation9,10,000 shares12,36,000 shares
Market Maker Reservation1,61,000 shares2,28,000 shares
QIB6,10,000 shares8,31,600 shares
NII4,60,000 shares6,55,200 shares
RII10,70,000 shares14,98,800 shares
Employee
Others
Total30,50,000 shares42,21,600 shares

Bids Received (Subscription)

Indian Emulsifiers IPO subscribed 460.07x in total, whereas Quest Laboratories IPO subscribed 85.26x.

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Indian Emulsifiers IPO Vs Quest Laboratories IPO