Comparison between Piotex Industries IPO and Quest Laboratories IPO.
IPO Details
Piotex Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Quest Laboratories IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Piotex Industries IPO is up to ₹13.74 Cr whereas the issue size of the Quest Laboratories IPO is up to ₹40.95 Cr. The final issue price of Piotex Industries IPO is ₹94.00 per share and of Quest Laboratories IPO is ₹97.00 per share.
IPO Timetable
Piotex Industries IPO opens on May 10, 2024, while Quest Laboratories IPO opens on May 15, 2024. The closing date of Piotex Industries IPO and Quest Laboratories IPO is May 14, 2024, and May 17, 2024, respectively.
| | Piotex Industries IPO | Quest Laboratories IPO |
|---|
| Anchor Bid Date | | May 14, 2024 |
| Issue Open | May 10, 2024 | May 15, 2024 |
| Issue Close | May 14, 2024 | May 17, 2024 |
| Basis Of Allotment (Tentative) | May 15, 2024 | May 21, 2024 |
| Initiation of Refunds (Tentative) | May 16, 2024 | May 22, 2024 |
| Credit of Share (Tentative) | May 16, 2024 | May 22, 2024 |
| Listing date (Tentative) | May 17, 2024 | May 23, 2024 |
| Anchor Lockin End date 1 | | Jun 20, 2024 |
| Anchor Lockin End date 2 | | Aug 19, 2024 |
Financials & KPIs
Piotex Industries IPO P/E ratio is 11.14, as compared to Quest Laboratories IPO P/E ratio of 23.03.
Shares Offered
In the Piotex Industries IPO Retail Individual Investors (RII) are offered 7,30,800 shares while in Quest Laboratories IPO retail investors are offered 7,30,800 shares. Qualified Institutional Buyers (QIB) are offered in Piotex Industries IPO and 8,31,600 shares in Quest Laboratories IPO.
| | Piotex Industries IPO | Quest Laboratories IPO |
|---|
| Anchor Investor Reservation | | 12,36,000 shares |
| Market Maker Reservation | 78,000 shares | 2,28,000 shares |
| QIB | | 8,31,600 shares |
| NII | 7,30,800 shares | 6,55,200 shares |
| RII | 7,30,800 shares | 14,98,800 shares |
| Total | 14,61,600 shares | 42,21,600 shares |
Bids Received (Subscription)
Piotex Industries IPO subscribed 104.27x in total, whereas Quest Laboratories IPO subscribed 60.30x.
