Monday, March 21, 2011
Lovable Lingerie IPO Issue Price fixed at the upper end of price band
Lovable Lingerie Ltd. has fixed the Issue Price of its IPO at the upper end of the price band as was expected with such a massive subscription that the IPO received. The Issue Price has been fixed at Rs.205/- per equity share, the price band of the IPO being Rs.195/- to Rs.205/- per equity share
Lovable Lingerie IPO, had received 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, has gained solid support from all three categories of investors on the closing day of the IPO. The IPO was overbid 20.84 times in the Retail Category
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
Lovable Lingerie IPO, had received 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, has gained solid support from all three categories of investors on the closing day of the IPO. The IPO was overbid 20.84 times in the Retail Category
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
Tags
# IPO in 2011
# IPO in March 2011
# IPO News
# IPO Updates
# Issue Price
# Lovable Lingeries IPO
# Lovable Lingeries Ltd. IPO
# Price Band
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