Analysis and Insights into the world of IPOs and investing in India

Sunday, March 20, 2011

Lovable Lingerie IPO Allotment Status

Lovable Lingerie IPO Allotment Status is expected to be declared online soon. Check back here for the latest updates on Lovable Lingerie IPO Allotment Status!

Lovable Lingeries Ltd is one of India's leading women's innerwear manufacturers, with products including brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. The Issue would constitute 27.08% of the post issue paid-up capital of the company. The company plans to use the proceeds from the IPO for a manufacturing facility, brand promotion and retail expansion

Lovable Lingerie IPO concluded with a staggering subscription figure of 35.21 times on an overall basis. The IPO, which was bleakly subscribed in the first two days of its opening, gained solid support from all three categories of investors on the closing day of the IPO. Click here for more on Lovable Lingerie IPO!

Updates: 
- Lovable Lingerie IPO Allotment Status for ASBA Applicants declared
- Lovable Lingerie IPO Allotment Status declared
- Lovable Lingerie IPO Issue Price fixed at the upper end of price band

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