Brooks Labs IPO Latest News Today

Brooks Labs IPO shares will list on Monday, September 05, 2011. Issue price of this IPO has been fixed at Rs 100/- per share. IPO was oversubscribed by 1.60 times (3.36 times in retail) on closing day.

Brooks Labs IPO Listing Date

Listing Date: Monday, September 05, 2011
BSE Scrip Code: 533543
NSE Symbol: BROOKS
Listing In: 'B' Group of Securities
ISIN: INE650L01011
Issue Price: Rs. 100.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Brooks Labs IPO allotment status is now available online.

Brooks Labs IPO was open on Aug 16, 2011 and closed on Aug 18, 2011. IPO was oversubscribed by 1.60 times (3.36 times in retail) on closing day.

Brooks Laboratories IPO finally subscribed 1.60 times on its closing day. Brooks Laboratories IPO was open on August 16, 2011 and closed today on August 18, 2011 for subscription. Brooks Laboratories has received bids for 1,11,99,420 shares as against issue size of 70,00,000 shares.

Subscription Detail for Day 3 (Closing Day)

Qualified Institutional Buyers (QIBs): 0.00 Times
Non Institutional Investors: 2.82 Times
Retail Individual Investors (RIIs): 3.36 Times

Total: 1.60 Times

Brooks Laboratories IPO subscribed 0.26 times on its day 2. Brooks Laboratories IPO opens today on August 16, 2011 and will close on August 18, 2011 for subscription. Brooks Laboratories has received bids for 18,40,020 shares as against issue size of 70,00,000 shares.

Subscription Detail for Day 2

Qualified Institutional Buyers (QIBs): 0.00 Times
Non Institutional Investors: 0.33 Times
Retail Individual Investors (RIIs): 0.61 Times

Total: 0.26 Times

Brooks Laboratories is entering in the capital markets with an initial public offering, IPO of 63 crores. The price band for the issue has been fixed at Rs 90/- at lower level and Rs 100/- at upper level.

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.

The issue opens on Aug 16, 2011 and closes for subscription on Aug 18, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).