Lovable Lingeries Ltd IPO Message Board (Page 24)

MY MESSAGE OF GOOD BUGET WAS REMOVED FROM THE POST ON28/2/2011 VERY BAD

Moderator is deleting messages related to SBI BOnds...common moderator...dont be a spoil sport.

BJ,

Its 7.5-8 rupees/share.

Gane.

23. Sreedhar

If you had lost Rs.75k, then lodge complaint with cyber police. Take a print-out of all corespondence with that stragner- e-mail, public forum etc.

I think you have made fund transfer or paid through cheque / Demand Draft. A good criminal lawyer would be able to help you to recover money if you pay him 20% - 30% in case you are able to recover.

If the lawyer is able to recover, you can pay some percentage- that you agree with them. If not, no payment. This you can talk before-hand. Even you can book a case with civil court if you want to avoid police.

If you don't have time, authorise somebody to act on your behalf by giving them authorisation letter.

It is not difficult to prove that you have paid him money & he has cheated. However, if you had paid them to play in unofficial grey market, law may not help you to recover your money. Then, you need to bribe police & police will give aeroplane treatment to the culprit in one fine night.

@ 16.Durai Raaj, Tirupur.,

Who are you man?

What's your need to post in my name?

Dear friends this is the second time that some one is spamming the forum in my name so Please note the difference in the Names the letter 'a' guys

And also note that i won't be in this forum for next 3 months...

So don't believe in those spamming messages...

Dear Simpleton,
Thanks for your enlightening message.Thanks to you I could learn a few things about ethics & also learn about why we should not post our mail IDs.One of the great members of chittorgarh defaulted me to the tune of 75 K but I did not default to the other side I bore the loss.By building personal communication channels I lost a whopping 75 K through chittorgarh site.
Go back one year back & see when I started posting messages how many posts were there daily.Preaching is easy following is difficult.
Now it seems you are demanding why I posted the message,I was travelling so could not log into mail.I have Nokia express music phone,so I can view chittorgarh site but not g mail.Since market was up around 400 points & Jain Irrigation was at 190 & Educomp around 470,I could not hold back my curuiosity & hence wanted to find out from Gane & Ken whether they had done the trade.Hope my boss you have received satisfactory response .

You have said you have never posted then what made you so irritated.

State Bank of India received subscriptions for Rs 8,580 crore for a bond sale, or more than 8.5 times the minimum on offer, two sources with direct knowledge told Reuters on Tuesday.

The state-run bank aimed to raise Rs 1,000 crore, with a greenshoe option for an equal amount. However, the bank said in its prospectus it had the option to retain up to Rs 10,000 crore if subscriptions from retail investors were more.

The bank, which along with its associates controls about a quarter of all loans in India, is raising the money to meet its assets growth. Demand for loans in India expanded 23.9% on year as of Feb. 11.

Retail investors put in bids for Rs 4,572 crore, compared with the minimum Rs 500 crore offered, said the sources who could not be identified as they were not authorised to speak to media.

For rich, or high net worth, individuals, the subscription was Rs 508 crore and for qualified institutional buyers it was Rs 3,501 crore, compared with the minimum offer of Rs 250 crore each, they said.

"These are provisional figures as there are some more applications left," said one source.

(Reuters) - State Bank of India (SBI.BO), the country's largest lender, received subscriptions for 85.8 billion rupees ($1.9 billion) for a bond sale, or more than 8.5 times the minimum on offer, two sources with direct knowledge told Reuters on Tuesday.

The state-run bank aimed to raise 10 billion rupees, with a greenshoe option for an equal amount. However, the bank said in its prospectus it had the option to retain up to 100 billion rupees if subscriptions from retail investors were more.

The bank, which along with its associates controls about a quarter of all loans in India, is raising the money to meet its assets growth. Demand for loans in India expanded 23.9 percent on year as of Feb. 11.

Retail investors put in bids for 45.72 billion rupees, compared with the minimum 5 billion rupees offered, said the sources who could not be identified as they were not authorised to speak to media.

For rich, or high net worth, individuals, the subscription was 5.08 billion rupees and for qualified institutional buyers it was 35.01 billion rupees, compared with the minimum offer of 2.5 billion rupees each, they said.

"These are provisional figures as there are some more applications left," said one source.

The bank had offered 10-year bonds at 9.75 percent for retail investors, and 9.3 percent for non-retail applicants. The bonds carry a call option in the fifth year.

It also offered 15-year bonds at 9.95 percent to retail investors and 9.45 percent to non-retail investors. The bonds have call option in the tenth year.

State Bank's previous public bond issue in October, worth 5 billion rupees, was subscribed 20 times, with the bank retaining 10 billion rupees.

Dear Sreedhar,

You have no idea how relevant my question is. Unlike others, I have nothing personal against anyone. I mean never post on this forum anyway.

In your excitement you missed my point completely. And I wonder what got you so worked up? I think my question was plain simple and polite.

Looks like these two people asked the query on this board. But you, for reasons best known to you, chose some other medium to respond to them. So why not ask about their well-being there only? I'm sure people like Gane, Ken Shah, when they ask questions, they speak for everyone, so you can post here and everyone can benefit. But you chose otherwise.

"Another query by Kenshah has been removed by Chittorgarh becos in that he has asked which stocks to short on budget day & he had given his mail ID."
Do you know why C-garh did that or any other board administrator over the world would do that?
For two reasons;
1) Anything that will put your email address on to a publicly accessible web page will, in all likelihood, cause you to start getting more and more and more and more spam. Why? Because one technique that spammers use is to visit all the web pages that they can, and collect anything that looks like an email address to add to their mailing list. So refrain from asking to post and posting personal details at public forums anyway.
2) To stop precisely the kind of action you have done. People tend to use a public forum like their private property to advertise their personal details and build their personal communication channels. It's gross disrespect to the forum whose infrastructure they use and other boarders like Mr BJ, who regularly visit here and contribute.
And this Sir Sreedhar, is precisely the point of raising my question. Believe me, I'm not implying you have any such intention. I just wanted to highlight a key ethic while using public forums.

My question to you sounded irrelevant, but how about your message? No one had a clue what you said, why you said, hence the query by Mr. BJ.

I appreciate that you have been gentleman enough to respond. No offences once again, I appreciate the pain you undertake and do this social service.

Regards!

shreedherji please dont refrain ur self from this board and let us take gain from ur valuable knowledge.sj go away totaly from this board.now only few persons remain in this board cause them i regularly visit this board including gane,ajayindian ,kk sir , chemcho sir,gem,ravi banglore.if u all leave board one by one there will only remain guy like me who dont have vast knowlege like u all.

Dear Simpleton,
Below is the query by Gane regarding which stocks to short.
Another query by Kenshah has been removed by Chittorgarh becos in that he has asked which stocks to short on budget day & he had given his mail ID.
Everyone knows who I am,I am not running a brokerage business so that I can add clients by boasting neither am I running a PMS service ,so there is no need to self boast.I have always said many of my friends lost money in Dec08 due to ignorance about markets & hence wanted to share my opinion.
As I wanted to know whether they have implemented the strategy I posted the message out of curiosity.

I have stopped posting my trading strategy's on Chittorgarh precisely due to this reason,the major reason being people like u crop up every now & then & pose irrelevant questions & bring headache to me by making me respond to your questions & waste my time by making me go into history & search for previous posts.





452. Gane Feb 26, 2011 4:35:02 PM IST | Reply | Like | Report Abuse

Gane's - Stock Comments, IPO Comments, Public Profile

Sreedhar,

Any scrip names for Monday which we can short?

Thanks.
Gane.

Any rates for SBI Bonds???

KKN,

Durai has exams in May and he told that he wants to prepare for it. So he will be back only after that.

Gane.

sreedharji,
As budget is out, do you have any specific stock(s) in mind?

Dear Durai,
Why are you away from this forum? Without you here some youthful buzz is missing. Come back soon.

Hello Boarders,
Look at 'Page Industries Limited', the owner of Jockey brand.

IPO of Jockey came in March 2007

Issue Price: Rs. 360 Per Equity Share

Current price: 1589.50 as per http://www.google.com/finance?q=BOM%3A532827

Which means around 500% return along with awesome dividend almost every quarter…

------

Lovable Lingeries Ltd is not as popular as Jockey and it only deals in female segment. But it has excellent brand value in the niche luxury segment.

Though I didn’t get chance to look at the balance sheet yet, the IPO look interesting to me.

Priya

Thanks Sreedhar. Lets see what the price is. I hope it is not another Cantabil.

Gane.

Dear Gane,
Lovable Lingeries have got a great brand Daisy Dee.Its an interesting one.Yesterday I read their money making plans in moneycontrol.See this article.

Mumbai-based Lovable Lingerie has raised Rs 20 crore through a pre-IPO placement of 10 lakh equity shares with SCI Growth Investments II at a price of Rs 200 per share, including a premium of Rs 190 per share. The pre-IPO placement constitutes 5.95% of the fully diluted equity stake in the company post its initial public offering of 45,50,000 equity shares of Rs 10 each at a price to be determined by the book building process. SCI together with the promoter and promoter group hold the entire pre issue capital of the company.

Anand Rathi Advisors Limited is the book running lead manager to the proposed issue.

Credit Analysis & Research Limited (CARE) has assigned a grade 3 for the proposed issue of the company. The factors for the aforesaid grading are the promoter’s significant experience in the industry, established and wide distribution network, globally successful brand, strong financial profile characterised by comfortable gearing levels, healthy interest-coverage ratio and improvement in margins in FY10.

The money raised from the above along with the proposed Issue proceeds would also be used for setting up of a manufacturing facility to create additional capacity at Bengaluru; brand building; brand development for the Company’s “College Style” brand; investment in a joint venture; setting up of Exclusive Brand Outlets (“EBO’s”); setting up of retail store modules for “shop-in-shop”; upgradation of design studios and for general corporate purpose.

The company’s brands Lovable, Daisy Dee and College Style are retailed through 103 distributors in India.

So we can expect the price to be around 200 Cr making it a 90 Cr Issue.

excelent ipo another page inddustries

Our Company, incorporated in the year 1987, is one of India’s leading women’s innerwear manufacturers. Our products include brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. On December 26, 1995, our Company was licensed the brand “Lovable” from Lovable World Trading Company, USA. Subsequently, by an agreement dated December 23, 2000, our Company acquired the brand “Lovable” from Lovable World Trading Company, USA on an exclusive basis for the territories of India, Nepal, Sikkim and Bhutan. The innerwear products manufactured under the brand “Lovable” cater to the premium segment market in India.