Comparison between Quest Laboratories IPO and Rulka Electricals IPO.
Quest Laboratories IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rulka Electricals IPO is a SME Bookbuilding proposed to list at NSE SME.
| Quest Laboratories IPO | Rulka Electricals 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. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Rikhav Securities Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Quest Laboratories IPO is up to ₹40.95 Cr whereas the issue size of the Rulka Electricals IPO is up to ₹25.07 Cr. The final issue price of Quest Laboratories IPO is ₹97.00 per share and of Rulka Electricals IPO is ₹235.00 per share.
| Quest Laboratories IPO | Rulka Electricals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹93.00 per share | ₹223.00 per share |
| Issue Price (Upper) | ₹97.00 per share | ₹235.00 per share |
| Issue Price (Final) | ₹97.00 per share | ₹235.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 600 shares |
| Fresh Issue Size | 42,21,600 shares | 7,86,000 shares |
| Fresh Issue Size (Amount) | up to ₹40.95 Cr | up to ₹18.47 Cr |
| OFS Issue Size | 0 shares | 2,80,800 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹6.60 Cr |
| Issue Size Total | 42,21,600 shares | 10,66,800 shares |
| Issue Size Total (Amount) | up to ₹40.95 Cr | up to ₹25.07 Cr |
Quest Laboratories IPO opens on May 15, 2024, while Rulka Electricals IPO opens on May 16, 2024. The closing date of Quest Laboratories IPO and Rulka Electricals IPO is May 17, 2024, and May 21, 2024, respectively.
| Quest Laboratories IPO | Rulka Electricals IPO | |
|---|---|---|
| Anchor Bid Date | May 14, 2024 | May 15, 2024 |
| Issue Open | May 15, 2024 | May 16, 2024 |
| Issue Close | May 17, 2024 | May 21, 2024 |
| Basis Of Allotment (Tentative) | May 21, 2024 | May 22, 2024 |
| Initiation of Refunds (Tentative) | May 22, 2024 | May 23, 2024 |
| Credit of Share (Tentative) | May 22, 2024 | May 23, 2024 |
| Listing date (Tentative) | May 23, 2024 | May 24, 2024 |
| Anchor Lockin End date 1 | Jun 20, 2024 | Jun 21, 2024 |
| Anchor Lockin End date 2 | Aug 19, 2024 | Aug 20, 2024 |
Quest Laboratories IPO P/E ratio is 23.03, as compared to Rulka Electricals IPO P/E ratio of 28.62.
| Quest Laboratories IPO | Rulka Electricals 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.
| Rulka Electricals Limited Financial Information (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.36 | 86.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.82 | 69.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.03 | 28.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹158.96 Cr. | ₹100.07 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 34.03% | 61.25% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 41.86% | 33.67% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.20 | 2.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.21 | ₹8.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.03% | 43.85% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Quest Laboratories IPO Retail Individual Investors (RII) are offered 14,98,800 shares while in Rulka Electricals IPO retail investors are offered 14,98,800 shares. Qualified Institutional Buyers (QIB) are offered 8,31,600 shares in Quest Laboratories IPO and 2,13,600 shares in Rulka Electricals IPO.
| Quest Laboratories IPO | Rulka Electricals IPO | |
|---|---|---|
| Anchor Investor Reserveration | 12,36,000 shares | 3,19,200 shares |
| Market Maker Reserveration | 2,28,000 shares | 56,400 shares |
| QIB | 8,31,600 shares | 2,13,600 shares |
| NII | 6,55,200 shares | 1,60,200 shares |
| RII | 14,98,800 shares | 3,73,800 shares |
| Employee | ||
| Others | ||
| Total | 42,21,600 shares | 10,66,800 shares |
Quest Laboratories IPO subscribed 85.26x in total, whereas Rulka Electricals IPO subscribed 676.83x.
| Quest Laboratories IPO | Rulka Electricals IPO | |
|---|---|---|
| QIB (times) | 57.20x | 204.22x |
| NII (times) | 184.10x | 1,350.15x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 57.63x | 658.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 85.26x | 676.83x |
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