Brooks Laboratories Ltd IPO (Brooks Labs IPO) Detail

Aug 16, 2011 - Aug 18, 2011

Incorporated in 2002, Brooks Laboratories Ltd is in the business of Pharmaceutical Contract Research & Manufacturing. Company manufactures wide range of products catering to critical care segment in Parental Section like Beta Lactam, Cephalosporin & General Dry powder Injectables, Ampoules and Liquid vials, Dry Syrups and Tablets etc.

Brooks Labs has manufacturing unit at Baddi, Himachal Pradesh. Company has a world class team to develop new molecules in injectables and clavulanic acid based products supported by sophisticated infrastructure for Research & Development. Brooks Labs is WHO-GMP and ISO 9000-2008 certified company.

The Indian pharmaceuticals industry is significantly developed in terms of infrastructure, technology and product range in recent years. The country now ranks among the top four worldwide accounting for 8% to 10% of world’s production by volume and 1.5% to 2% by value.

Company Financials

ParticularsFor the year/period ended (in Rs. Lacs)
Total Income5319.94545.34383.22854.22381.3
Profit After Tax (PAT)688.82519.57296.06358.01112.49

Objects of the Issue

The objects of the Issue are:

1. To set up our new manufacturing unit at JB SEZ Pvt Ltd, Panoli, Gujarat for manufacturing of various pharmaceuticals formulations.
2. To meet Long Term Working Capital requirement.
3. To meet General Corporate Purpose and
4. To meet Issue Expenses and Listing of Shares on Stock Exchanges.

Brooks Labs IPO Details

Brooks Labs IPO Date Aug 16, 2011 to Aug 18, 2011
Brooks Labs IPO Face Value ₹10 per share
Brooks Labs IPO Price ₹90 to ₹100 per share
Brooks Labs IPO Lot Size 60 Shares
Issue Size6,300,000 shares of ₹10
(aggregating up to ₹63.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Company Promoters

The promoters of the company are:
1 Mr. Atul Ranchal
2 Mr. Rajesh Mahajan

Brooks Labs IPO Lot Size

The Brooks Labs IPO lot size is 60 shares. A retail-individual investor can apply for up to 33 lots (1980 shares or ₹198,000).

Application Lots Shares Amount
Retail (Min) 1 60 ₹6,000
Retail (Max) 33 1980 ₹198,000

Brooks Laboratories IPO Grading

ICRA has assigned an IPO Grade 2 to Brooks Laboratories IPO. This means as per ICRA, company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Brooks Laboratories IPO Report

Brooks Labs IPO Subscription Status (Bidding Detail)

The Brooks Labs IPO is subscribed 1.60 times on Aug 18, 2011 5:00:00 PM. The public issue subscribed 3.36 times in the retail category, 0.00 times in the QIB category, and 2.82 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Brooks Labs IPO Prospectus

Brooks Labs IPO Rating

Rating:Rated 3.6 stars
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Brooks Labs IPO Listing Date

Listing Date Monday, September 5, 2011
BSE Script Code 533543
Listing In B Group of Securities
ISIN INE650L01011
IPO Price ₹100 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Brooks Laboratories Ltd
G-101, Ivory Tower,
Sector 70, Mohali,
Punjab - 160055, India
Phone: + (91 172) 509 7355

Brooks Labs IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Brooks Labs IPO Review

Brooks Labs IPO Recommendation Summary

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Brooks Labs IPO FAQs

Brooks Labs IPO is a main-board IPO of 6,300,000 equity shares of the face value of ₹10 aggregating up to ₹63.00 Crores. The issue is priced at ₹90 to ₹100 per share. The minimum order quantity is 60 Shares.

The IPO opens on Aug 16, 2011, and closes on Aug 18, 2011.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Brooks Labs IPO opens on Aug 16, 2011 and closes on Aug 18, 2011.

Brooks Labs IPO lot size is 60 Shares and the minimum order quantity is .

You can apply in Brooks Labs IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Brooks Labs IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Brooks Labs IPO allotment status.

The Brooks Labs IPO listing date is on Monday, September 5, 2011.
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Brooks Labs IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



213. Deepak Dudi |   Link |Oct 12, 2011 4:57:01 PM
Jackpot thx sir for giving me knowledge about IPO i have not applied for any other IPO any sugession.and RDB i have stop loss on 18 will it go 2 or 3 rs up in few days...
212. Jackpoat |   Link |Oct 10, 2011 10:07:04 PM
Top Contributor Top Contributor (200+ Posts)
Mr Deepak Dudi, fair value of share RS 10(May seen within 3 months).So dont invest in it for 6 months.Try to recover your losses fron another ipo.Never take long position on low grade ipo.Close your position on listing day.close your RDB position on wednesday.If wed it is trading positive then you may wait and close position part by part.Buy Brooks lab on market opening ASAP because it will go upper circut few days.Invested in it till it is upper circuit 5%(Short Term).Then Close your position when it breaks upper circuit.Because there after it may go to lower circuit every careful .
In ipo trading if ipo breaks 20% lower then issue price,reach days low then close your open position and initiate new short position(2 times of your long position).Trade with strict STOPLOSS.
you are applied any recent ipo?
211. gundu anna |   Link |Oct 6, 2011 9:09:44 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Start buying brooks now
210. Jinnie |   Link |Sep 7, 2011 9:50:04 AM
sk dashji

thankyou for your reply. i have replied to you sir.
209. Raghu bhai |   Link |Sep 7, 2011 3:47:57 AM
Read 197&122
208. Sid KD |   Link |Sep 6, 2011 9:05:18 PM
Didn't applied again safe....
207. SkDash |   Link |Sep 6, 2011 2:55:50 PM
IPO Mentor IPO Mentor (800+ Posts, 100+ Likes)
KKN- Lessons will come and will never end, but why are you missing shopping opp. Also due to yr absence, mkt is sleeping flat. Ok, we will wait till that day, when u ll b free
206. KK Natarajan |   Link |Sep 6, 2011 2:19:51 PM
IPO Mentor IPO Mentor (500+ Posts)
Dear SkDash,
I was not doing trading for the past 20 days or so due to commitments. I now feel like a student who has missed a lot of lessons and needs to update. I will do that and be back to active trading after about 2 weeks by which time I will be totally free.
205. Ravi, Bangalore |   Link |Sep 6, 2011 12:11:28 PM
Top Contributor Top Contributor (300+ Posts)
202. CLD

100 is Low Price - not Open Price at first minute; 120 was yesterday's Open Price. I was watching my lap-tap closely at first two minutes.

If no strategy works, then how did you made 30k profit. I made just over 10k. If you don't have stratefy, then even making Rs.100 profit is very difficult!
204. SkDash |   Link |Sep 6, 2011 9:36:59 AM
IPO Mentor IPO Mentor (800+ Posts, 100+ Likes)
Brooks down 11%. Now hell is the limit, i think
203. chaitu s |   Link |Sep 6, 2011 9:05:51 AM
seems this chapter is closed ...likely to hover in this range & may go further down
202. SkDash |   Link |Sep 6, 2011 8:33:41 AM
IPO Mentor IPO Mentor (800+ Posts, 100+ Likes)

I thought you wee out for shopping from Brooks gain :)


Welcome to Chittorgarh
201. KK Natarajan |   Link |Sep 6, 2011 6:03:12 AM
IPO Mentor IPO Mentor (500+ Posts)
Hi Guys,

I am back.

It seems I missed the Brooks Laboratories party, where many people have made easy money. Had I been around I would have at least shorted when it breached the issue price on its way down. Congratulations for friends like Sreedhar, Ravi Bangalore and SkDash who have made money.

The other thing I noticed today was a message from Ritesh who is a respectable boarder in MMB. Welcome Ritesh. Hope you continue to post messages here.
200. V patel |   Link |Sep 5, 2011 10:38:41 PM
sreedhar bhai ko salaam for his prediction abt brooks lab i will always follow him. we are all here to earn money and exchange our knowledge so keep it on.sreedhar bhai ne l&t mein bola tha withdraw kar ne ko maine phir bhai nahi kiya and finally loss abt 3000 . agar kis issue main koi apne thought rakhta hai aur phir us reason hame loss hota hai to hame usko blame nahi karna chahiye bcos no one is 100% right
199. CLD |   Link |Sep 5, 2011 10:27:25 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Ravi, Bangalore

Brooks opened at 110 at BSE & 100 at NSE. where u got 120 opening price. I have been trding in IPOs on first day for a long tine & found that no stretegy works. It all depends on operators as to how they want to trap innocent traders. It seems that brokers also may be involved in it otherwise how the IPOs move + & - 30/40 % since they also get benefitted by earning brokerages & may be they are themselves hand in glove with operators. Anyhow I made around 30 K in brooks trade today.
198. CHD |   Link |Sep 5, 2011 9:23:56 PM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
197. Raghu bhai |   Link |Sep 5, 2011 8:52:52 PM
Read 118
i already discribe this is only one side moment
196. Durai Raj,Tirupur |   Link |Sep 5, 2011 7:26:18 PM
Top Contributor Top Contributor (300+ Posts)
@198.Ravi, Bangalore,

So there are more possibilities for the stock to go up tomorrow...
195. Ravi, Bangalore |   Link |Sep 5, 2011 7:05:56 PM
Top Contributor Top Contributor (300+ Posts)
Brooks (62) Fair Value 49 - S P Tulsian
194. Ravi, Bangalore |   Link |Sep 5, 2011 5:46:47 PM
Top Contributor Top Contributor (300+ Posts)
193. SkDash

I told you about Universal Law because I don't update till 11:00 a.m.

I take a maximum risk of Rs.1000 per trade & make maxium four trading attemps if stops-out. I shorted 200 shares & covered at closing. My target of beow 45 did not reach. Now, I don't trade for one weak in this scrip.