Lovable Lingeries IPO Latest News Today

Lovable Lingeries Ltd IPO shares will list on Thursday, March 24, 2011. Issue price of this IPO has been fixed at Rs 205/- per share. IPO was oversubscribed by 35.21 times (20.84 times in retail) on closing day.

IPO Listing Detail

Listing Date: Thursday, March 24, 2011
BSE Scrip Code: 533343
Listing In: B Group of Securities
ISIN: INE597L01014
Issue Price: Rs. 205.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Lovable Lingeries Ltd IPO allotment status is now available online.

Lovable Lingeries IPO was open on Mar 08, 2011 and closed on Mar 11, 2011. IPO was oversubscribed by 35.21 times (20.84 times in retail) on closing day.

Lovable Lingeries Ltd IPO finally subscribed 35.21 times on its closing day. Lovable Lingeries IPO was open on Mar 08, 2011 and closed today on Mar 11, 2011 for subscription. Lovable Lingeries has received bids for 13,61,69,880 shares as against issue size of 38,67,500 shares.

Oversubscription detail

Qualified Institutional Buyers (QIBs): 21.87 Times

Non Institutional Investors: 99.87 Times

Retail Individual Investors (RIIs): 20.84 Times

Total: 35.21 Times

Lovable Lingeries Ltd IPO subscribed 10.64 times on its day 3. Lovable Lingeries IPO was open on Mar 08, 2011 and will close tomorrow on Mar 11, 2011 for subscription. Lovable Lingeries has received bids for 4,11,36,150 shares as against issue size of 38,67,500 shares.

Oversubscription detail for Day 3

Qualified Institutional Buyers (QIBs): 21.87 Times

Non Institutional Investors: 3.02 Times

Retail Individual Investors (RIIs): 2.67 Times

Total: 10.64 Times

Lovable Lingeries Ltd IPO subscribed 0.37 times on its day 2. Lovable Lingeries IPO was open on Mar 08, 2011 and will close on Mar 11, 2011 for subscription. Lovable Lingeries has received bids for 14,37,180 shares as against issue size of 38,67,500 shares.

Oversubscription detail for Day 2

Qualified Institutional Buyers (QIBs): 0.13 Times

Non Institutional Investors: 0.10 Times

Retail Individual Investors (RIIs): 0.73 Times

Total: 0.37 Times

Lovable Lingeries Ltd IPO subscribed 0.07 times on its day 1. Lovable Lingeries IPO opens today on Mar 08, 2011 and will close on Mar 11, 2011 for subscription. Lovable Lingeries has received bids for 2,60,880 shares as against issue size of 38,67,500 shares.

Oversubscription detail for Day 1

Qualified Institutional Buyers (QIBs): 0.00 Times

Non Institutional Investors: 0.00 Times

Retail Individual Investors (RIIs): 0.16 Times

Total: 0.07 Times

Lovable Lingerie fixes it's IPO price band  at Rs 195/- at lower level and Rs 205/- at upper level. The issue of Lovable Lingerie IPO opens on Mar 08, 2011 and closes for subscription on Mar 11, 2011.

Lovable Lingeries Ltd is one of India's leading women's innerwear manufacturers. The company’s premium brands are Lovable, Daisy Dee and College Style. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Lovable Lingeries Ltd is entering in the capital markets with an initial public offering, IPO of 45,50,000 Equity Shares of Rs. 10 each. The price band for the issue has been fixed at Rs 195/- at lower level and Rs 205/- at upper level.

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

The issue opens on Mar 08, 2011 and closes for subscription on Mar 11, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).