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Lovable Lingeries IPO Price Band announced

The price band for the upcoming IPO of Lovable Lingeries is fixed at Rs.195/- to Rs.205/- per equity share. The IPO, which would consist of 4,550,000 Equity Shares, having a Face Value of Rs.10/- each, would remain open for subscription between Tuesday, March 8, 2011 and Friday, March 11, 2011

Lovable Lingeries Ltd.'s products include 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 for the latest updates on Lovable Lingeries IPO!

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