Brooks Laboratories IPO assigned IPO Grade 2 - Indian IPO Blog

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Sunday, August 14, 2011

Brooks Laboratories IPO assigned IPO Grade 2

Credit Rating Agency ICRA has assigned an IPO Grade 2/5 to the IPO of Brooks Laboratories Limited. The grading indicates 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

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.

Check back Indian IPO Blog for updates on Brooks Laboratories Ltd. IPO!

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