Issue Price: Rs. 195 - Rs. 205
Issue Detail:
»» Issue Open: Mar 08, 2011 - Mar 11, 2011
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 4,550,000 Equity Shares of Rs. 10
»» Face Value: Rs. 10 Per Equity Share
Allotment Status : http://www.linkintime.co.in/onlineap...nformation.jsp
RHP: http://nseindia.com/content/ipo/RHP_LOVABLE.zip
Lovable Lingerie Ltd. manufactures women's lingerie. The Company's products include brassieres, panties, slips/camisoles, homewear, shapewear, foundation garments and sleepwear products.
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.
Subscription Details:
Number of Times Issue is Subscribed (BSE + NSE) As on Date & Time Qualified Institutional Buyers (QIBs) Non Institutional Investors Retail Individual Investors (RIIs) Total Shares Offered / Reserved 1,592,500 682,500 1,592,500 3,867,500 Day 1 - Mar 08, 2011 17:00 IST 0.0000 0.0000 0.1600 0.0700 Day 2 - Mar 09, 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
Company Promoters:
Mr. L. Vinay Reddy, is the Chairman and Managing Director of the Company.
Company Financials:
Particulars For the year/period ended (in Rs. Lacs) 31-Dec-10 31-Mar-10 31-Mar-09 31-Mar-08 31-Mar-07 31-Mar-06 Total Income 8,657.21 8,678.60 6,881.80 6,308.11 4,539.31 3,189.68 Profit After Tax (PAT) 1,260.67 978.96 601.94 393.58 329.07 290.43