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Lovable Lingeries Ltd IPO (Lovable Lingeries IPO) Detail

March 8, 2011 - March 11, 2011

Lovable Lingeries IPO is a book built issue of Rs 93.28 crores.

Lovable Lingeries IPO bidding started from March 8, 2011 and ended on March 11, 2011. The shares got listed on BSE, NSE on March 24, 2011.

Lovable Lingeries IPO price band is set at ₹195 to ₹205 per share. The minimum lot size for an application is 30 Shares. The minimum amount of investment required by retail investors is ₹6,150.

Anand Rathi Securities Limited is the book running lead manager of the Lovable Lingeries IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Lovable Lingeries IPO RHP for detailed information.

Lovable Lingeries IPO Details

IPO Date March 8, 2011 to March 11, 2011
Listing Date March 24, 2011
Face Value ₹10 per share
Price Band ₹195 to ₹205 per share
Lot Size 30 Shares
Total Issue Size4,550,000 shares
(aggregating up to ₹93.28 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Lovable Lingeries IPO Reservation

Lovable Lingeries IPO offers 3,867,500 shares. 1,592,500 (41.18%) to QIB, 682,500 (17.65%) to NII, 1,592,500 (41.18%) to RII. 53,083 RIIs will receive minimum 30 shares and (sNII) and (bNII) will receive minimum 990 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered1,592,500 (41.18%)NA
NII (HNI) Shares Offered682,500 (17.65%)
Retail Shares Offered1,592,500 (41.18%)53,083
Total Shares Offered3,867,500 (100%)

Lovable Lingeries IPO Lot Size

Investors can bid for a minimum of 30 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 30 ₹6,150
Retail (Max) 32 960 ₹196,800
Lot Size Calculator

About Lovable Lingeries Ltd

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 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 (Lovable Lingeries IPO Objectives)

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 Subscription Status (Bidding Detail)

The Lovable Lingeries IPO is subscribed 35.21 times on March 11, 2011 6:30:00 PM. The public issue subscribed 20.84 times in the retail category, 21.87 times in the QIB category, and 99.87 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB21.87
NII99.87
Retail20.84
Total35.21

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 Prospectus

Lovable Lingeries IPO Rating

302
3.7
Rating:Rated 3.7 stars
Vote Here ...

Lovable Lingeries IPO Listing Details

Listing Date March 24, 2011
BSE Script Code 533343
NSE Symbol LOVABLE
ISIN INE597L01014
Final Issue Price ₹205 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹205.00
₹261.50
₹241.40
₹278.95
₹249.20
NSE
₹205.00
₹240.00
₹240.00
₹278.90
₹249.55

Check IPO Performance…

Lovable Lingeries Ltd Contact Details

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

Phone: +91-22-4918 6270
Email: lovable.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Lovable Lingeries IPO - Buy or Not

Lovable Lingeries IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 7 1 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

Lovable Lingeries IPO FAQs

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 share. The minimum order quantity is 30 Shares.

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

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

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

Lovable Lingeries IPO lot size is 30 Shares, and the minimum amount required is ₹6,150.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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.

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

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487 Comments

487. ashishrats |   Link |  Bookmark |April 7, 2011 11:49:05 AM
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
486. vas nat |   Link |  Bookmark |April 5, 2011 2:52:40 AM (200+ Posts)
Lovable repeating Jubliant Food Works ???? Lets see.
No holdings as of now.
485. pakka hindustani |   Link |  Bookmark |April 4, 2011 1:39:23 PM
Sharp uprise in Lovable today up 8%. Seems to be Institutional Buy.
Hold it may go to Rs 300.
484. triple hhh |   Link |  Bookmark |April 2, 2011 12:15:31 AM
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 !!!
483. triple hhh |   Link |  Bookmark |March 30, 2011 1:04:58 AM
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 !!!!...
482. SkDash |   Link |  Bookmark |March 29, 2011 5:15:19 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
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
481. triple hhh |   Link |  Bookmark |March 28, 2011 1:53:14 PM
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.....
480. Ravi, Bangalore |   Link |  Bookmark |March 28, 2011 12:06:05 PM (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
479. triple hhh |   Link |  Bookmark |March 28, 2011 11:39:01 AM
Strange nobody helping out me :(
Sreedhar..KK..Ravi Bnglore..n all experts of this forum help me out for comment no 483 pleaseeeeeeee
478. triple hhh |   Link |  Bookmark |March 26, 2011 2:00:08 PM
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
477. KK Natarajan |   Link |  Bookmark |March 25, 2011 3:45:17 PM (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!
476. Ravi, Bangalore |   Link |  Bookmark |March 25, 2011 1:39:40 PM (300+ Posts)
Further to my post # 461, I believe it is facing resistance in 440-450 zone. It could fall-down to 221.
475. KK Natarajan |   Link |  Bookmark |March 25, 2011 6:36:31 AM (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!
474. doctorgaganjain |   Link |  Bookmark |March 24, 2011 6:36:47 PM
ongc fpo ka kya raha
473. ARCHIT SHAH |   Link |  Bookmark |March 24, 2011 4:20:05 PM
I SELL 48@265 IN MORNING 9:20
472. Gane |   Link |  Bookmark |March 24, 2011 4:12:25 PM (400+ Posts)
Is it possible that we can buy at CMP by EOD for some profit tomorrow?

Gane.
471. SkDash |   Link |  Bookmark |March 24, 2011 4:01:46 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
k buddies bye- bahat ho gaya lingeries, chalo abhi cable khichenge- see u soon on shilip cable blog
bye lingeries
470. SkDash |   Link |  Bookmark |March 24, 2011 3:42:35 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
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..........
469. doctorgaganjain |   Link |  Bookmark |March 24, 2011 3:39:02 PM
when is ongc fpo coming?
5 april or deferred further?
468. selva raj |   Link |  Bookmark |March 24, 2011 3:28:13 PM
buy at the EOD