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Friday, March 11, 2011

Lovable Lingerie IPO has been gaining momentum with its subscription, the IPO being subscribed now about 34.59 times till 5 PM as per data available on the NSE website

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

Stay tuned to Indian IPO Blog for more on Lovable Lingerie IPO!

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