Lovable Lingeries IPO

Lovable Lingeries IPO India’s leading women’s innerwear producers Lovable Lingeries Limited announced its initial public offering open Mar 08, 2011 and would continue to be open for subscription until Mar 11, 2011 . “Lovable Lingeries” raise nearly Rs 93 crore -through the initial public offering issue, The price band of the issue is Rs.195 (lower level) to Rs.205 (higher level).

Incorporated in 1987, Firm was licensed the brand name “Lovable” from Lovable World-Trading Company, United states of america in 1995. “LOVABLE” is India’s 1st Premium International-Lingerie Brand\.

Firm’s products include panties, brassieres, homewear,shapewear, slips / camisoles, foundation garments as well as sleepwear products. Lovable and Daisy-Dee are the flagship-brands. Firm is based in Mumbai, Maharashtra and it has 3 production facilities of which 2 are located at Kanakapura road in Bengaluru and another is found in Roorkee, Uttarakhand. Firm’s brand “Lovable” is one of the leading 3 most preferred brand in womens innerwear in India.

Face Value; Rs.10
Tick Size; 1
Minimum Order Qty: 30
Market Lot: 30
Issue Type is Book Building.

IPO Grade for Lovable Lingeries

Care allocated IPO grade ‘3/5’ to the IPO of lovable, this shows that the fundamentals of the issue are average relative to other listed equities.

nsestocktips.in view;  vm.venkatesh view come later……….,,

Conduct details

Address: A – 46, Street No. 2, MIDC, Andheri (East), Mumbai – 400 093, Maharashtra, India
Phone number; 91 22 2838 3581  Fax detail;. 91 22 2838 3582
Email address; corporate@lovableindia.in
Website Url; http://www.lovableindia.in

Book Running Lead Manager for Lovable

Anand Rathi Securities ltd are the Book Running Lead Manager for Lovable.

Be Sociable, Share!
Tags:

Stock Market Basics For Beginners

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 ...…

When Begins Investing

When Begins Investing [ad name="Banner 468 x 60 Text emage"] The quicker one begins investing the better. By investing very early a person allow investment funds a longer period ...…

Initial Public Offer

Initial Public Offer Initial Public Offer. The initial sale of share by a firm for the public. The commonest reason for a firm to start an IPO is ...…

Stock Splits

Stock Splits [ad name="468x15- 5 link"] what is a stock split? A stock split is really a procedure helpful to enhance the number of stocks in order to issue ...…

National Stock Exchange Of India (NSE)

National Stock Exchange Of India (NSE) National Stock Exchange (NSE), found in the 1990s as a demutualised electronic exchange by Indian financial institutions.  Today, NSE is India's biggest exchange and second ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics