Lovable Lingeries Ltd IPO (Lovable Lingeries IPO) Detail

Mar 8, 2011 - Mar 11, 2011

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.

Company Promoters:

Mr. L. Vinay Reddy, is the Chairman and Managing Director of the Company.

Company Financials:

ParticularsFor the year/period ended (in Rs. Lacs)
31-Dec-1031-Mar-1031-Mar-0931-Mar-0831-Mar-0731-Mar-06
Total Income8,657.218,678.606,881.806,308.114,539.313,189.68
Profit After Tax (PAT)1,260.67978.96601.94393.58329.07290.43

Objects of the Issue:

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.

Lovable Lingeries IPO Details

IPO Opening DateMar 8, 2011
IPO Closing DateMar 11, 2011
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹195 to ₹205 per equity share
Market Lot30 Shares
Min Order Quantity30 Shares
Listing AtBSE, NSE
Issue Size4,550,000 Eq Shares of ₹10
(aggregating up to ₹93.28 Cr)

Lovable Lingeries IPO Lot Size

The Lovable Lingeries IPO market lot size is 30 shares. A retail-individual investor can apply for up to 32 lots (960 shares or ₹196,800).

ApplicationLotsSharesAmount (Cut-off)
Minimum130₹6,150
Maximum32960₹196,800

Lovable Lingeries Ltd IPO Grading

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.

Lovable Lingeries Ltd IPO Tags:

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.

Lovable Lingeries IPO Subscription Status (Bidding Detail)

The Lovable Lingeries IPO is subscribed 35.21x times on Mar 11, 2011 18:30. The public issue subscribed 20.84x in the retail category, 21.87x in the QIB category, and 99.87x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

21.87x

NII

99.87x

RII

20.84x

Total

35.21x

Lovable Lingeries IPO Prospectus

Lovable Lingeries IPO Rating

302
3.7
Rating:Rated 3.7 stars

Vote Here ...

Lovable Lingeries IPO Listing Date

Listing DateThursday, March 24, 2011
BSE Script Code533343
NSE SymbolLOVABLE
Listing InB Group of Securities
ISININE597L01014
IPO Price₹205 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹205.00
₹261.50
₹241.40
₹278.95
₹249.20
17,266,381
NSE
₹205.00
₹240.00
₹240.00
₹278.90
₹249.55
23,297,573

Lovable Lingeries IPO Reviews / Ratings

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  • S P Tulsian - Avoid

Company Contact Information

Lovable Lingeries Ltd
A - 46, Street No. 2,
MIDC, Andheri (East),
Mumbai – 400 093, Maharashtra, India

Phone: +91 22 2838 3581
Email: corporate@lovableindia.in
Website: http://www.lovableindia.in

Lovable Lingeries IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: lovable.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Lovable Lingeries IPO FAQs

  1. What is Lovable Lingeries IPO?

    Lovable Lingeries IPO is a main-board IPO of 4,550,000 equity shares of the face value of ₹10 aggregating up to ₹93.28 Crores. The issue is priced at ₹195 to ₹205 per equity share. The minimum order quantity is 30 Shares.

    The IPO opens on Mar 8, 2011, and closes on Mar 11, 2011.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When Lovable Lingeries IPO will open?

    The Lovable Lingeries IPO opens on Mar 8, 2011 and closes on Mar 11, 2011.

  3. What is the lot size of Lovable Lingeries IPO?

    Lovable Lingeries IPO lot size is 30 Shares and the minimum order quantity is 30 Shares.

  4. How to apply for Lovable Lingeries IPO?

    You can apply in Lovable Lingeries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Lovable Lingeries IPO allotment?

    The finalization of Basis of Allotment for Lovable Lingeries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Lovable Lingeries IPO allotment status.

  6. When is Lovable Lingeries IPO listing date?

    The Lovable Lingeries IPO listing date is on Thursday, March 24, 2011.

Lovable Lingeries IPO Message Board

Ranked Members  Ranked Members

Loading...
489. ashishrats |Apr 7, 2011 10:49
Following up on my comment (no. 453)...

Lovable has crossed 300 mark just now and i think one can sell 50% of their holdings in the counter.
I do not see the stock going beyond 330-340 and now it is trading at the upper end of its valuation range.
Unless any new triggers come for the stock, there is no reason for it to rally significantly from here.

Ashish
488. vas nat |Apr 5, 2011 01:52
Top Contributor Top Contributor (200+ Posts)
Lovable repeating Jubliant Food Works ???? Lets see.
No holdings as of now.
487. pakka hindustani |Apr 4, 2011 12:39
Sharp uprise in Lovable today up 8%. Seems to be Institutional Buy.
Hold it may go to Rs 300.
486. triple hhh |Apr 1, 2011 23:15
Finally I got remaining refund of Lovable IPO today via DD....it happnd l8 coz of some MICR changes of Bank of Rajasthan with Icici Bank.....NEWAYS relaxing now !!!
485. triple hhh |Mar 30, 2011 00:04
Thanks SK Dash for cool rply....
I also phoned ..computerised system call says wait for 2 more dats to get the refund...enev thereahtr u don`t receive call us again nd register ur qry with us....

Also..Do u have sebi mail on which u r asking me to write the mail...it would be helpful to me !!!

Thanks once again !!!!...
484. SkDash |Mar 29, 2011 16:15
IPO Mentor IPO Mentor (600+ Posts)
487-hhh- lovable blog is closed one and nobody is visiting after the close of ipo, hence ur question remain unanswered.

Do the following
1.Sent mail with all details (as per u, u have sent already on 26.3.11.
2. Wait for their response till 2nd of april (1 wk)
3. Then write mail to SEBI, copy to them (RTA), NSE, BSE- Investor cell and dont forget to claim interest @ 18% pa from the expected date of refund (25.3.11) to the date of actual payment as well as cost of damage.

pl let us know the result in recent blog site (i.e. PTC and Shilpi)

Dont worry. Refund and Interest is guaranteed
483. triple hhh |Mar 28, 2011 12:53
Thanks for ur kind suggestion Mr.Ravi but I have already sent mail on saturday to 3 addresses
rnt.helpdesk@linkintime.co.in
ipo.helpdesk@linkintime.co.in
lovable.ipo@linkintime.co.in

No response came so far...and the phone lines are not being picked up and getting busy busy busy as well....

What should be done now.....
482. Ravi, Bangalore |Mar 28, 2011 11:06
Top Contributor Top Contributor (300+ Posts)
483. triple hhh

Visit following web-site & contact Registrar. Registrar & Compnay contacts are given in this web-site itself.

http://www.linkintime.co.in

E-mail: lovable.ipo @ linkintime.co.in
481. triple hhh |Mar 28, 2011 10:39
Strange nobody helping out me :(
Sreedhar..KK..Ravi Bnglore..n all experts of this forum help me out for comment no 483 pleaseeeeeeee
480. triple hhh |Mar 26, 2011 13:00
All experts...help me please

I applied for 3 full applctions...in 1 appl(on my mothers name) I still didn`t get the refund amount which is 187000/- around. which was supposed to be credited by 25/03/2011 anyhow. Now wat shall I do help me out please..Helpful Suggestions are most welcome
479. KK Natarajan |Mar 25, 2011 14:45
IPO Mentor IPO Mentor (500+ Posts)
Rqavi, Bangalore,
4s are following you like in yesterdays India Australia match! It is not 440 -450 zone. It is 240 - 250 zone!
478. Ravi, Bangalore |Mar 25, 2011 12:39
Top Contributor Top Contributor (300+ Posts)
Further to my post # 461, I believe it is facing resistance in 440-450 zone. It could fall-down to 221.
477. KK Natarajan |Mar 25, 2011 05:36
IPO Mentor IPO Mentor (500+ Posts)
Dear Gane,
It was like a dream come true...to beat Australia in the quarter finals!

Hope you would have enjoyed the match. Though we all thought India could lose because of the bad bowling, in our heart of hearts we all wished for an Indian win and India did win to please all of us!

With Zaheer not having any worthy pace bowling partner...With Harbhajan forgetting the art of taking wickets these days... With Kohli discovering the way of getting out to a rank full toss...With Gambhir repeatedly trying to run his partner out and finally succeeding in getting run out himself...With Dhoni just living by his past reputation as a batsman...In spite of all these we won, because of the cool head of Yuvraj (what a transformation for him!) and the lovely little cameo of Raina!
Now let us enjoy the semi final!
476. doctorgaganjain |Mar 24, 2011 17:36
ongc fpo ka kya raha
475. ARCHIT SHAH |Mar 24, 2011 15:20
I SELL 48@265 IN MORNING 9:20
474. Gane |Mar 24, 2011 15:12
Top Contributor Top Contributor (400+ Posts)
Is it possible that we can buy at CMP by EOD for some profit tomorrow?

Gane.
473. SkDash |Mar 24, 2011 15:01
IPO Mentor IPO Mentor (600+ Posts)
k buddies bye- bahat ho gaya lingeries, chalo abhi cable khichenge- see u soon on shilip cable blog
bye lingeries
472. SkDash |Mar 24, 2011 14:42
IPO Mentor IPO Mentor (600+ Posts)
473-selva raj
tell yr broker to allow short selling. Others are allowing that. I have shorted @ 258 and covered at 248.

472-dr jain- why personal information, check in check out, age..........
471. doctorgaganjain |Mar 24, 2011 14:39
when is ongc fpo coming?
5 april or deferred further?
470. selva raj |Mar 24, 2011 14:28
buy at the EOD







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