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Showing posts with label Lovable Lingerie. Show all posts
Showing posts with label Lovable Lingerie. Show all posts

Friday, March 11, 2011

Lovable Lingerie IPO subscribed 34.59 times


Gets bids for 13.37 crore shares

The initial public offer (IPO) of women inner-wear manufacturer Lovable Lingerie was subscribed 34.59 times by 17:00 IST on the fourth and the final day of the issue today, 11 March 2011. The IPO received bids for 13.37 crore shares compared with 38.67 lakh shares on offer.

Lovable Lingerie - Final Subscription Figures


Qualified Institutional Buyers (QIBs) 21.87
Non Institutional Investors 99.87
Retail Individual Investors (RIIs) 20.84

Grey Market Premium - Lovable Lingerie


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

Lovable Lingerie Ltd.

195 to 205

37 to 40

Sudar Garments

77

2.50 to 3

Fineotex Chemical

70

2.75 to 3

Thursday, March 10, 2011

Lovable Lingerie - Heavily Oversubscribed in QIB


Qualified Institutional Buyers (QIBs) 21.87
Non Institutional Investors 3.02
Retail Individual Investors (RIIs) 2.67

and would be the same in Retail - most likely to get allotment via lottery

Lovable Lingerie Grey Market Premium


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

Lovable Lingerie Ltd.

195 to 205

37 to 40

Sudar Garments

77

2.50 to 3

Acropetal Technologies

90

20 to 22

Fineotex Chemical

70

2.75 to 3

Wednesday, March 09, 2011

Lovable Lingerie IPO subscribed 28%


Receives bids for 10.65 lakh shares

The initial public offer (IPO) of women inner-wear manufacturer Lovable Lingerie was subscribed 0.28 times by 16:00 IST on the second day of the issue today, 9 March 2011. The IPO received bids for 10.65 lakh shares compared with 38.67 lakh shares on offer.

Grey Market Premiums - Lovable Lingerie


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

Lovable Lingerie Ltd.

195 to 205

42 to 44

Sudar Garments

77

3 to 4

Acropetal Technologies

90

18 to 20

Fineotex Chemical

70

2.75 to 3

Tuesday, March 08, 2011

IPO - Lovable Lingerie


IPO - Lovable Lingerie

Lovable Lingerie IPO


Lovable Lingerie IPO

Lovable Lingerie IPO Review


Promoted by Vinay Reddy, Lovable Lingerie (LLL) is headquartered in Mumbai and was incorporated in 1987. Initially named as Hyno Knit Private Limited, the company was renamed as Lovable Lingerie in 1995 and was converted to public limited company in February 2010. With flagship brands "Lovable" and "Daisy Dee", LLL is one of the leading women Innerwear manufacturers in India, with product basket covering brassieres, panties, camisoles, home wear, shape wear, foundation garments and sleep wear products.

Sunday, March 06, 2011

Lovable Lingerie IPO Analysis


With strong brands in its kitty, presence in both mid-market and premium segments, a wide network of dealers and low debt, lingerie maker Lovable Lingerie is a good, if high risk, bet on the niche textile space.

The company's future plans rely on heavy advertising spends, which will compress margins in the near-term. Capacity additions will fully come onboard only FY-13 onwards.

Thursday, March 03, 2011

Lovable Lingerie sets Rs 195-205 per share IPO price band


IPO opens for bidding on 8 March 2011

Inner-wear manufacturer Lovable Lingerie has fixed a price band of Rs 195-205 per share for its initial public offering (IPO) which opens for bidding on 8 March 2011. The IPO which closes on 11 March 2011 would constitute 27.08% of the post issue paid-up capital of the company. The company plans to raise up to Rs 93.28 crore by offering 45.50 lakh shares through the forthcoming IPO.