Posts Tagged ‘Brooks Laboratories’

Brooks Laboratories Creates Dubious history: Deliveries are higher than IPO size yet shortage auction does not happen.

  WHODUNIT? Shares of Brooks Laboratories Limited listed on Monday the 5th of September at the BSE and NSE. I believe nobody was aware that a dubious history was being created on that day. The company had tapped the capital markets with its IPO to raise Rs 63 crs in a price band of Rs […]

Brooks Laboratories IPO: Listing day: A Corrigendum

Company creates dubious History with more than 100% delivery on day one I wish to make a correction in the issue size. The issue was for Rs 63 crs and the price band was Rs 90 – 100, which in terms of number of shares was 70 lacs at the lower end and 63 lacs […]

Brooks Laboratories: Listing Day Shares open well but as expected CRASH

  Close almost 40% down Shares of Brooks Laboratories Limited listed on the BSE and NSE on Monday the 5th of September which in India is also celebrated as “Teacher’s Day”. There was a glittering and well attended listing ceremony at the BSE which was used by family members as a photo opportunity moment. This […]

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