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

Friday, March 11, 2011

Lovable Lingeries IPO subscribed about 11 times till 11AM on the closing day

Lovable Lingeries IPO has been receiving a good response since yesterday, when the IPO closed for subscription for QIB Investors and the IPO is now bid more than 11 times on an overall basis as per data available on the NSE website till March 11, 2011 1100 hrs IST. The response from the Retail Category has also been augmenting with the Retail Category also overbid more than 2.5 times till now

Lovable Lingeries IPO closes for subscription today and the subscription is expected to increase as the day goes further, especially in the Retail Category. Stay tuned to Indian IPO Blog for regular subscription status updates on the IPO throughout the day

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