Quest Laboratories IPO vs Vilas Transcore IPO

Comparison between Quest Laboratories IPO and Vilas Transcore IPO.

IPO Details

Quest Laboratories IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vilas Transcore IPO is a SME Bookbuilding proposed to list at NSE SME.

	Quest Laboratories IPO	Vilas Transcore IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Shreni Shares Ltd.	Hem Securities Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Rikhav Securities Ltd.	Hem Finlease Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Quest Laboratories IPO is up to ₹40.95 Cr whereas the issue size of the Vilas Transcore IPO is up to ₹90.46 Cr. The final issue price of Quest Laboratories IPO is ₹97.00 per share and of Vilas Transcore IPO is ₹147.00 per share.

	Quest Laboratories IPO	Vilas Transcore IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹93.00 per share	₹139.00 per share
Issue Price (Upper)	₹97.00 per share	₹147.00 per share
Issue Price (Final)	₹97.00 per share	₹147.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	1200 shares	1000 shares
Fresh Issue Size	42,21,600 shares	61,54,000 shares
Fresh Issue Size (Amount)	up to ₹40.95 Cr	up to ₹90.46 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	42,21,600 shares	61,54,000 shares
Issue Size Total (Amount)	up to ₹40.95 Cr	up to ₹90.46 Cr

IPO Timetable

Quest Laboratories IPO opens on May 15, 2024, while Vilas Transcore IPO opens on May 27, 2024. The closing date of Quest Laboratories IPO and Vilas Transcore IPO is May 17, 2024, and May 29, 2024, respectively.

	Quest Laboratories IPO	Vilas Transcore IPO
Anchor Bid Date	May 14, 2024	May 24, 2024
Issue Open	May 15, 2024	May 27, 2024
Issue Close	May 17, 2024	May 29, 2024
Basis Of Allotment (Tentative)	May 21, 2024	May 30, 2024
Initiation of Refunds (Tentative)	May 22, 2024	May 31, 2024
Credit of Share (Tentative)	May 22, 2024	May 31, 2024
Listing date (Tentative)	May 23, 2024	Jun 03, 2024
Anchor Lockin End date 1	Jun 20, 2024	Jun 29, 2024
Anchor Lockin End date 2	Aug 19, 2024	Aug 28, 2024

Financials & KPIs

Quest Laboratories IPO P/E ratio is 23.03, as compared to Vilas Transcore IPO P/E ratio of 13.12.

Quest Laboratories IPO

Vilas Transcore IPO

Financials

Quest Laboratories Limited Financial Information (Restated)

Quest Laboratories Limited's revenue increased by 3.9% and profit after tax (PAT) rose by 22.5% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,869.09	4,664.72	3,479.86	1,839.63
Total Income	6,217.83	6,186.60	5,954.20	3,043.55
Profit After Tax	774.93	502.85	410.50	65.50
Net Worth	2,277.15	1,502.21	999.38	588.84
Reserves and Surplus	1,198.39	1,394.33	891.50	480.96
Total Borrowing	460.66	409.69	312.54	304.03
Amount in ₹ Lakhs

Vilas Transcore Limited Financial Information (Restated)

Vilas Transcore Limited's revenue increased by 21.09% and profit after tax (PAT) rose by 12.89% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	20,820.50	18,879.83	17,265.64	14,266.28
Total Income	23,829.57	28,478.14	23,518.05	13,485.41
Profit After Tax	1,679.49	2,022.43	1,791.49	523.42
Net Worth	13,725.33	12,045.84	10,023.41	8,231.92
Reserves and Surplus	13,531.38	13,404.08	11,451.23	9,729.31
Total Borrowing	499.95	489.62	346.72	757.83
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

90.36

99.97

Promoter Shareholding (Post-Issue)

65.82

73.01

P/E Ratio

23.03

13.12

Market Cap

₹158.96 Cr.

₹359.86 Cr.

ROE

34.03%

13.03%

ROCE

41.86%

16.10%

Debt/Equity

0.20

0.03

EPS

₹4.21

₹11.20

RoNW

34.03%

12.24%

Shares Offered

In the Quest Laboratories IPO Retail Individual Investors (RII) are offered 14,98,800 shares while in Vilas Transcore IPO retail investors are offered 14,98,800 shares. Qualified Institutional Buyers (QIB) are offered 8,31,600 shares in Quest Laboratories IPO and 12,31,000 shares in Vilas Transcore IPO.

	Quest Laboratories IPO	Vilas Transcore IPO
Anchor Investor Reserveration	12,36,000 shares	18,45,000 shares
Market Maker Reserveration	2,28,000 shares	3,26,000 shares
QIB	8,31,600 shares	12,31,000 shares
NII	6,55,200 shares	9,24,000 shares
RII	14,98,800 shares	21,54,000 shares
Employee
Others
Total	42,21,600 shares	61,54,000 shares

Bids Received (Subscription)

Quest Laboratories IPO subscribed 85.26x in total, whereas Vilas Transcore IPO subscribed 204.77x.

	Quest Laboratories IPO	Vilas Transcore IPO
QIB (times)	57.20x	114.64x
NII (times)	184.10x	449.21x
Big NII (times)
Small NII (times)
RII (times)	57.63x	151.42x
Employee (times)
Other (times)
Total (times)	85.26x	204.77x

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