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Open
8 Mar 2011
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Close
11 Mar 2011
3
Allotment
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Listing
Thu, Mar 24, 2011
Price Band
₹195 to ₹205
Issue Size
45,50,000 shares (agg. up to ₹93 Cr)
Lot Size
30 Shares
Listing Date
Thu, Mar 24, 2011
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 30.10x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Cantabil Retail India Ltd. | Mainboard | ₹105.00 Cr | ₹135 | null | ₹105.00 | -22.22% | ₹255.87 (+0.35%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of manufacturing facility to create additional capacity at Bengaluru | 22.85 |
| 2 | Expenses to be incurred for Brand Building | 18.00 |
| 3 | Brand Development expenses for our “College Style” brand | 6.00 |
| 4 | Investment in Joint Venture | 25.00 |
| 5 | Setting up of Exclusive Brand Outlets (“EBO’s”) | 14.12 |
| 6 | Setting up of retail store modules for “shop-in-shop” | 3.61 |
| 7 | Up gradation of design studios | 7.60 |
| 8 | General corporate purpose | 23.96 |
| Total | 121.14 |
About Lovable Lingerie IPO
Incorporated in 1987, Lovable Lingeries Ltd is one of India's leading women's innerwear manufacturers. Company was licensed the brand "Lovable" from Lovable World Trading Company, USA in 1995. "LOVABLE" is India's First Premium International Lingerie Brand.Company's products include brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. "Lovable" and "Daisy Dee" are the flagship brands. Company is headquartered in Mumbai, Maharashtra and has three manufacturing facilities of which two are situated at Kanakapura road in Bengaluru and one is situated in Roorkee, Uttarakhand. Company's brand "Lovable" is amongst the top three most preferred brand in women’s innerwear in India.+ Read More
Contact Details
Lovable Lingerie Ltd. AddressA-46, Street No.2MIDC, Andheri (East)Mumbai, Maharashtra, 400093+91 22 2838 3581corporate@lovableindia.inVisit Website