Brooks Laboratories Ltd IPO Message Board (Page 10)

Hi SkDash,
I am just learning about market things. And I do not know how to evaluate the IPO's. Thats why asking comments from experts and proceeding further.

Once I get base knowledge then I give my comments on the IPO's

BROOKS LABORATORIES LIMITED - NSE Bid Details                        
Updated as on 17 Aug 2011 at 1700 hrs                        
Sr.No.      Category      No.of shares offered/reserved      No. of shares bid for      No. of times of total meant for the category
1      Qualified Institutional Buyers (QIBs)       3500000      0      0.00
1(a)      Foreign Institutional Investors (FIIs)            0      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            0      
1(c)      Mutual Funds            0      
1(d)      Others            0      
2      Non Institutional Investors      1050000      249960      0.24
2(a)      Corporates            0      
2(b)      Individuals (Other than RIIs)            249960      
2(c)      Others            0      
3      Retail Individual Investors (RIIs)      2450000      955980      0.39
3(a)      Cut Off            673980      
3(b)      Price Bids             282000      
      Total      7000000      1205940      0.17

30. SkDash

Junk IPOs do not deserve any analysis / discussion.

Play number game. Your money could double or loose 10% - 20% of your capital in case you exit at first opportunity.

BROOKS LABORATORIES LIMITED - NSE Bid Details                        
Updated as on 17 Aug 2011 at 1500 hrs                        
Sr.No.      Category      No.of shares offered/reserved      No. of shares bid for      No. of times of total meant for the category
1      Qualified Institutional Buyers (QIBs)       3500000      0      0.00
1(a)      Foreign Institutional Investors (FIIs)            0      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            0      
1(c)      Mutual Funds            0      
1(d)      Others            0      
2      Non Institutional Investors      1050000      0      0.00
2(a)      Corporates            0      
2(b)      Individuals (Other than RIIs)            0      
2(c)      Others            0      
3      Retail Individual Investors (RIIs)      2450000      790800      0.32
3(a)      Cut Off            579300      
3(b)      Price Bids             211500      
      Total      7000000      790800      0.11

Ravi-for small IPO , i m not doing any analysis and watching the sub fig on the last day, just before the cut off time of 2.00 PM. If it will be within 2-3 times range, i will apply expecting to manage max 20% loss on opening bell (Refer blog 20).

But for Rushil-i missed to capture 70% gain on listing day and 100% gain thereafter and got out with 20% gain. At that time u were not here and i missed yr advice

26. SkDash

Why you want analysis?

Apply 10k, 20k 50k as per your risk appetite. Let us make strategy on listing day.

Tihar/GOVT./Death is a great leveler.Govt has put the anti curruption fighters alongwith currupts and terrorists in Tihar jail ( may be in different rooms/sections).

Dont know why u people are so worried to know and decide 'whether to apply in Brooks or not'.

Is anybody giving commission on application on 1st day or 2nd day ?

Is it on First Come First Serve basis ?

Kuber/S Gupta/ Sampath/Money Transfer- why u guys are not posting ur comments ?

Sridhar,
Why are u silent? Have u gone to support Anna Hazare? I wish I cud.Rgds

JAGO SONE WALO !
JOIN , JOIN, JOIN !!!
DON'T MISS THE HOTTEST 'ISSUE' OF THE YEAR - ANNA HAZARE .

Dear Shreedhar Sir,

Please give your view on Brooks Lab IPO immediately.

Thanks

Muthoot Finance NCD 1,000 crore SIZE open on August 23, 2011,closes on September 5, 2011,min app 5 NCDs (Rs. 5,000) 12.25% P.A. FOR 36 M

Dear Sreedhar Sir,

Could you please tell us your view on this Brooks Lab IPO?

Thank you,
Sampath

High risk investors (Apetite to bear 10%-20% loss) can go for this issue. I will look at the subscription fig on the last day and if it is within the range of 1-2 times overall, i will go for some small amount. If it will cross 3 times- i will avoid since putting huge money may lead to more allotment to me if some thing is cooked behind the screen.

This is not worth of keeping in portfolio for long because of high valuation/small co etc. Small pharma co are trading within PE of 5-6 whereas The price band fixed is within the PE of 13-14 times.

Only point of applying is of small issue size which may give some gain due to operators presence.

This is pathetic and highly priced IPO. Capital market rating is 20/100.

*************

The company recorded 17% growth in net sales to Rs 52.54 crore in FY 2011. OPM inclined by 130 basis points to 17.6%, resulting in operating profit to increase by 26% to Rs 9.27 crore. Finally, there was 35% growth at PAT level to Rs 6.99 crore. There was no major increase in sales the past two years (sales in FY 2009 were Rs 44.93 crore) as it decided to concentrate on products/companies offering more margin.

At the issue price of 90-100, the EPS for FY 2011 (on post-IPO equity) works out to Rs 4.1-4.3 and PE 22-23 times. This is high for a small formulation contract manufacturer. The sector (Pharma-Indian-Formulations) TTM P/E is 9.3

what we should do with brooks labatory?

Brooks - GMP - Ahmedabad - 2600 Per 2 Lacs

Don't apply in this IPO, pricing are so aggressively. Insted of giving application on the listing day buy with strict stoploss. You can get enough gain if operates playing game in such small cap IPO.

gold price to reach RS30K / ten gr. by end of August

next week nifty target 4900-4800-4750