Quest Laboratories IPO Allotment Today: Latest GMP, 4 Steps to Check Status

On Tuesday, May 21, investors can check the Quest Laboratories IPO allotment status on the Bigshare Services Pvt Ltd website. Those that are allotted will be credited to demat accounts, while those that are not will be refunded. On May 23, Quest Laboratories shares will make their NSE SME debut.

Quest Laboratories IPO Allotment Today: Latest GMP, 4 Steps to Check Status
Quest Laboratories IPO Allotment Today: Latest GMP, 4 Steps to Check Status. (Image Src -aliceblueonline.com)

May 21, 2024 The allotment of shares for Quest Laboratories IPO (initial public offering) is set to be finalized today. Investors are eagerly awaiting the results to see if they have been allotted shares. This article provides the latest information on the grey market premium (GMP) and outlines the steps to check the IPO allotment status.

Quest Laboratories IPO Details

Quest Laboratories IPO Details, a leading player in the diagnostics industry, launched its IPO earlier this month. The company aimed to raise ₹500 crore through this public offering. The IPO was met with strong demand, and it was oversubscribed multiple times.

The issue price was set between ₹150 and ₹160 per share. Investors showed keen interest in the company due to its robust growth prospects and strong market position.

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Quest Laboratories Latest IPO GMP Today

Quest Laboratories Latest GMP, The grey market premium (GMP) for Quest Laboratories’ shares is currently around ₹45. This means that the shares are trading at a premium of ₹45 over the issue price in the unofficial market. The GMP indicates positive investor sentiment and strong demand for the shares ahead of their official listing.

Steps to Check Quest Laboratories Allotment Status:

Investors who applied for Quest Laboratories IPO can check their allotment status using the following four steps:

1. **Visit the Registrar’s Website**
– The first step is to visit the website of the IPO registrar. The registrar for Quest Laboratories’ IPO is KFin Technologies. You can access their website at [https://www.kfintech.com](https://www.kfintech.com).

2. **Go to the IPO Allotment Section**
– On the KFin Technologies website, navigate to the IPO allotment status page. This page is specifically designed for checking the allotment status of IPOs managed by KFin Technologies.

3. **Enter Required Details**
– To check your allotment status, you need to provide certain details. These include your PAN (Permanent Account Number), application number, or DP/client ID. Make sure to have these details handy before proceeding.

4. **Submit and View Allotment Status**
– After entering the required details, click on the submit button. The website will display your allotment status. You will be able to see if you have been allotted shares or not.

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Alternative Methods

In addition to the registrar’s website, investors can also check the allotment status on the BSE (Bombay Stock Exchange) website. Here are the steps:

1. Visit the BSE website at [https://www.bseindia.com/investors/appli_check.aspx](https://www.bseindia.com/investors/appli_check.aspx).
2. Select “Equity” and then choose “Quest Laboratories” from the drop-down menu.
3. Enter your application number and PAN.
4. Click on “Search” to view your allotment status.

Company Background

Quest Laboratories is a well-known diagnostics company with a strong presence in the Indian market. The company offers a wide range of diagnostic tests and services, catering to both individual patients and healthcare providers. Founded in 2005, Quest Laboratories has grown rapidly and established itself as a trusted name in the industry.

Future Outlook

The successful completion of the IPO will provide Quest Laboratories IPO with the funds needed to expand its operations. The company plans to use the proceeds to enhance its testing capabilities, invest in new technologies, and expand its network of diagnostic centers.

With the diagnostics industry in India poised for significant growth, Quest Laboratories is well-positioned to capitalize on emerging opportunities. The increasing awareness about health and wellness, coupled with the rising demand for diagnostic services, bodes well for the company’s future prospects.

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Conclusion

The allotment of Quest Laboratories IPO shares will be finalized today. Investors can check their allotment status using the steps outlined above. The strong GMP indicates positive market sentiment and high demand for the shares. As Quest Laboratories embarks on its next phase of growth, the successful IPO will provide the necessary resources to fuel its expansion plans. Investors are hopeful for a profitable listing, reflecting the company’s strong fundamentals and growth potential.

Hi, My name is Saurabh Singh, and I am a finance expert with over 10 years of experience, specializing in personal finance, investment strategies, and financial planning. Known for providing clear, actionable insights, he has contributed to notable publications and helped many achieve their financial goals. Connect with me on [LinkedIn/Twitter] for the latest updates and advice.

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