Lovable Lingerie IPO Open On March 8

Lovable Lingerie IPO Open On March 8Mumbai-based ladies innerwear producer Lovable Lingerie is getting into capital market which has a public issue of 45.5 lk equity stocks of face value of Rs 10 every on March 8.

The ipo issue would comprise 27.08percent of the post issue paidup capital, that will end on March 11.

The company will utilize the issue cash to setup a production facility to generate additional capability at Bangalore, where it’ll invest Rs 23 cr . Lovable also intends to invest Rs 25 cr in its joint-venture Lovable Lifestyles PVT Ltd, that will market, produce, distribute as well as direct-retail in the super high quality lingerie segment. Lovable will hold 90percent share in the JV with London’s Lifestyle Galleries. It’ll likewise invest extra amount on brand building as well as establishing exclusive brand outlets (EBOs).

Tags;

indian share stock investment tips, stock guide for market

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

How does one buy Shares?

How does one buy Shares? Shares are bought and sold on the stock exchanges ( nse , bse market ) -- the two main ones in India are the NSE ...…

Intraday Trading

Intraday Trading This site provide intra tips  Subscribe For Indra day F&O – Shart term investment  Tips   Every trader is tempted about how Intraday trading can be carried ...…

Balance of Trade

Balance of Trade [ad name="468x15- 5 link"] Balance of Trade (BoT) indicate different in value, in a period of time, between a country’s imports and also exports of ...…

The Equity Market

The Equity Market The Indian Equity Market is more commonly known as the Indian share Market. The Indian stock (share) market has become the third biggest after China ...…

Mutual Funds

Mutual Funds Why  you need a expert or a financial planner to select the funds & timely review them because even a 3% difference in the Portfolio ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics