IPO Issue Details
Issue Price / Price Band₹100 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size60 Shares per Lot
Total Issue Size63,00,000 shares (aggregating up to ₹63.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 16 Aug 2011
Subscription CloseThu, 18 Aug 2011
Anchor AllotmentMon, 15 Aug 2011
Basis of AllotmentWed, 24 Aug 2011
Initiation of RefundsThu, 25 Aug 2011
Credit of Shares to DematThu, 25 Aug 2011
Listing DateMon, 05 Sep 2011
UPI Mandate Deadline2011-08-18
Application & Investment Details
Retail — Min (1 Lots)₹6,000 — 60 shares
Retail — Max (13 Lots)₹78,000 (13 Lots)
HNI — Min (34 Lots)₹2,04,000 — 2,040 shares
Pre-IPO Promoter Holding98,86,422 shares
Post-IPO Promoter Holding1,61,86,422 shares
About Brooks Laboratories Ltd.
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.
Objects of the Issue
Brooks Laboratories Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To set up our new manufacturing unit at JB SEZ Pvt Ltd, Panoli, Gujarat for manufacturing of various pharmaceuticals formulations.
2
2 To meet Long Term Working Capital requirement
3
3 To meet General Corporate Purpose: and
4
4 To meet Issue Expenses and Listing of Shares on Stock Exchanges
Shareholding & Lock-in
Pre-IPO Promoter Holding
98,86,422 shares
Post-IPO Promoter Holding
1,61,86,422 shares