Brooks Laboratories IPO Issue Price fixed

Brooks Laboratories IPO has fixed the Issue Price at Rs.100/- per equity share. Brooks Laboratories Limited is a pharmaceutical contract research and manufacturing services company

The Issue Price has been fixed at the upper end of the price band, which was of Rs.90/- to Rs.100/- per equity share. Brooks intends to use issue proceeds for setting up a new manufacturing unit at JB SEZ Pvt Ltd, Panoli, Gujarat for manufacturing various pharmaceuticals formulations with cost of Rs 51.8 crore

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