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.
Mr. L. Vinay Reddy, is the Chairman and Managing Director of the Company.
|Particulars||For the year/period ended (in Rs. Lacs)|
|Profit After Tax (PAT)||1,260.67||978.96||601.94||393.58||329.07||290.43|
The objects of the Issue are:
1. Setting up of a manufacturing facility to create additional capacity at Bengaluru;
2. Expenses to be incurred for Brand Building;
3. Brand Development expenses for "College Style" brand;
4. Investment in Joint Venture;
5. Setting up of Exclusive Brand Outlets ("EBO’s");
6. Setting up of retail store modules for "shop-in-shop";
7. Up gradation of design studios;
8. General corporate purpose; and
9. Public issue expenses.
»» Issue Open: Mar 8, 2011 - Mar 11, 2011
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 4,550,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 93.28 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 195 - Rs. 205 Per Equity Share
»» Market Lot: 30 Shares
»» Minimum Order Quantity: 30 Shares
»» Listing At: BSE, NSE
CARE has assigned an IPO Grade 3 to Lovable Lingeries Ltd IPO. This means as per CARE, company has 'Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the CARE IPO Grading Document for Lovable Lingeries Ltd.
Check IPO Ratings from other stock analysts.
Lovable Lingeries Ltd IPO, Lovable Lingeries IPO,Lovable Lingeries IPO Bidding, Lovable Lingeries IPO Allotment Status, Lovable Lingeries IPO drhp and Lovable Lingeries IPO listing.
|Number of Times Issue is Subscribed (BSE + NSE)|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved||1,592,500||682,500||1,592,500||3,867,500|
|Day 1 - Mar 8, 2011 17:00 IST||0.0000||0.0000||0.1600||0.0700|
|Day 2 - Mar 9, 2011 17:00 IST||0.1300||0.1000||0.7300||0.3700|
|Day 3 - Mar 10, 2011 17:00 IST||21.8700||3.0200||2.6700||10.6400|
|Day 4 - Mar 11, 2011 18:30 IST||21.8700||99.8700||20.8400||35.2100|
Vote Here ...
We provide detail comparison of stock / commodities brokers. We helped over 75,000 traders/investors to save 60% or more brokerage in last 3 years. Here is the list of popular brokers to help investors like you to find the best broker.
We can help you choosing the right broker. Contact us today...