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 Promoters:

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

Company Financials:

ParticularsFor the year/period ended (in Rs. Lacs)
31-Mar-1131-Mar-1031-Mar-0931-Mar-0831-Mar-07
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

IPO Opening DateAug 16, 2011
IPO Closing DateAug 18, 2011
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹90 to ₹100 per equity share
Market Lot60 Shares
Min Order Quantity60 Shares
Listing AtBSE, NSE
Issue Size6,300,000 Eq Shares of ₹10
(aggregating up to ₹63.00 Cr)

Brooks Labs IPO Lot Size

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

ApplicationLotsSharesAmount (Cut-off)
Minimum160₹6,000
Maximum331980₹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 1.60x times on Aug 18, 2011 17:00. The public issue subscribed 3.36x in the retail category, 0.00x in the QIB category, and 2.82x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

0.00x

NII

2.82x

RII

3.36x

Total

1.60x

Brooks Labs IPO Prospectus

Brooks Labs IPO Rating

106
3.6
Rating:Rated 3.6 stars

Vote Here ...

Brooks Labs IPO Listing Date

Listing DateMonday, September 5, 2011
BSE Script Code533543
NSE SymbolBROOKS
Listing InB Group of Securities
ISININE650L01011
IPO Price₹100 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹100.00
₹110.00
₹57.75
₹131.10
₹60.20
30,346,758
NSE
₹100.00
₹100.00
₹58.15
₹131.60
₹61.50
44,305,878

Brooks Labs IPO Reviews / Ratings

Company Contact Information

Brooks Laboratories Ltd
G-101, Ivory Tower,
Sector 70, Mohali,
Punjab - 160055, India

Phone: + (91 172) 509 7355
Email: cs@brookslabs.net
Website: http://www.brookslabs.net

Brooks Labs IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: brooks.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Brooks Labs IPO FAQs

  1. What is Brooks Labs IPO?

    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 equity 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.

  2. When Brooks Labs IPO will open?

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

  3. What is the lot size of Brooks Labs IPO?

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

  4. How to apply for Brooks Labs IPO?

    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.

  5. When Brooks Labs IPO allotment?

    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.

  6. When is Brooks Labs IPO listing date?

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

Brooks Labs IPO Message Board

Ranked Members  Ranked Members

Loading...
213. Deepak Dudi |Oct 12, 2011 16:57
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 |Oct 10, 2011 22:07
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 day.be 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 |Oct 6, 2011 21:09
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Start buying brooks now
210. Jinnie |Sep 7, 2011 09:50
sk dashji

thankyou for your reply. i have replied to you sir.
209. Raghu bhai |Sep 7, 2011 03:47
Read 197&122
208. Sid KD |Sep 6, 2011 21:05
Didn't applied again safe....
207. SkDash |Sep 6, 2011 14:55
IPO Mentor IPO Mentor (600+ Posts)
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 |Sep 6, 2011 14:19
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 |Sep 6, 2011 12:11
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 |Sep 6, 2011 09:36
IPO Mentor IPO Mentor (600+ Posts)
Brooks down 11%. Now hell is the limit, i think
203. chaitu s |Sep 6, 2011 09:05
seems this chapter is closed ...likely to hover in this range & may go further down
202. SkDash |Sep 6, 2011 08:33
IPO Mentor IPO Mentor (600+ Posts)
KKN Sir

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

Ritesh

Welcome to Chittorgarh
201. KK Natarajan |Sep 6, 2011 06:03
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 |Sep 5, 2011 22:38
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 |Sep 5, 2011 22:27
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 |Sep 5, 2011 21:23
IPO Guru IPO Guru (1100+ Posts, 400+ Likes)
GOVT OF THE THUGS , BY THE THUGS , FOR THE THUGS - AND THEY CALL IT LARGEST FUNCTIONING DEMOCRACY IN THE WORLD !!!
197. Raghu bhai |Sep 5, 2011 20:52
Read 118
i already discribe this is only one side moment
196. Durai Raj,Tirupur |Sep 5, 2011 19:26
Top Contributor Top Contributor (300+ Posts)
@198.Ravi, Bangalore,

So there are more possibilities for the stock to go up tomorrow...
195. Ravi, Bangalore |Sep 5, 2011 19:05
Top Contributor Top Contributor (300+ Posts)
Brooks (62) Fair Value 49 - S P Tulsian

http://www.moneycontrol.com/news/stocks-views/tulsian%60s-viewbrooks-labs_582846.html
194. Ravi, Bangalore |Sep 5, 2011 17:46
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.







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App