Quest Laboratories IPO Subscription Details

Bookbuilding IPO | ₹43 Cr | Listed at NSE SME | Wed, May 15, 2024 - Fri, May 17, 2024

Basis of Allotment - Quest Laboratories IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)8,31,60012,36,00020,67,6006,55,20014,98,80042,21,600
Allotment price (Rs.)979797979797
No.of applications314356,91375,06282,010
No.of shares applied4,74,14,40012,36,0004,86,50,40012,11,79,6009,00,74,40025,99,04,400
Amount collected (Rs.cr.)459.92 11.99 471.91 1,175.44 873.72 2,521.07
No.of times subscribed57.021.0023.53184.9560.1061.57
No.of shares allotted8,31,60012,36,00020,67,6006,55,20014,98,80042,21,600
Amount (Rs.cr.)8.07 11.99 20.06 6.36 14.54 40.95
No.of allottees314354271,2491,711

IPO Shares Offered

Quest Laboratories IPO is a public issue of 0.42 Cr equity shares. The issue offers 0.15 Cr shares to retail investors, 0.21 Cr shares to qualified institutional buyers, and 0.07 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,28,0002.21 5.12%
QIB 20,67,60020.06 46.47%
    Anchor 12,36,000 11.99 27.78%
    QIB (Ex Anchor) 8,31,600 8.07 18.69%
NII* 6,55,2006.36 14.72%
Retail14,98,80014.54 33.68%
Total44,49,60043.16 100%

Quest Laboratories IPO Anchor Investor Allocation

A total of 12,36,000 shares at a price of Rs 97 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMay 14, 2024
Anchor investor price₹97.00
Anchor investors as % of QIBs59.78%
No. of shares locked-in for 30 days6,18,000
No. of shares locked-in for 90 days6,18,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 CRAFT EMERGING MARKET FUND PCC-CITADEL CAPITAL FUND CRAFT EMERGING MARKET FUND PCC 3,87,600 3.76 31.36 8.71
2 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 1,27,200 1.23 10.29 2.86
3 PERSISTENT GROWTH FUND PERSISTENT 6,18,000 5.99 50.00 13.89
4 TGISME FUND TGISME 1,03,200 1.00 8.35 2.32
12,36,00011.9910027.78

IPO Subscription FAQs

The Quest Laboratories IPO is subscribed 85.26 times by May 17, 2024 18:19.

Quest Laboratories IPO Subscription

Investor Category Subscription (times)
Qualified Institutional57.2
Non Institutional184.1
Retail Individual57.63
Total Subscription85.26

Retail category of Quest Laboratories IPO subscribed 57.63 times as of date May 17, 2024 18:19. The public issue closes on Fri, May 17, 2024 for bidding.

An investor can apply in Quest Laboratories IPO online via bank (using ASBA) or the broker (using UPI). The Quest Laboratories IPO shares are offered online only.

The Quest Laboratories IPO is subscribed 85.26 times by May 17, 2024 18:19.

The Quest Laboratories IPO allotment status is expected on or around Tuesday, May 21, 2024. Visit Quest Laboratories IPO allotment status to check.

The Quest Laboratories IPO listing date is May 23, 2024. The equity share of Quest Laboratories IPO will list on NSE SME.

Visit Quest Laboratories IPO subscription status page for real-time bidding information about Quest Laboratories IPO.

Quest Laboratories IPO Timetable

IPO opens OnWednesday, May 15, 2024
IPO Closes OnFriday, May 17, 2024
Finalisation of Basis of AllotmentTuesday, May 21, 2024
Initiation of RefundsWednesday, May 22, 2024
Credit of Shares to Demat AccountWednesday, May 22, 2024
IPO Listing DateThursday, May 23, 2024
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