Indian IPO Blog

Tuesday, March 8, 2011

Lovable Lingeries IPO sees dry response on the opening day

March 08, 2011 0
Lovable Lingeries IPO sees dry response on the opening day
Lovable Lingeries IPO, which opened for subscription from today, March 08, 2011, has received a rather fragile response on its opening day with the IPO getting bid just about 7% till 5PM on Day 1

Lovable Lingeries IPO would remain open for subscription till Thursday, March 10, 2011 for QIB Investors and till Friday, March 11, 2011 for all other categories of investors. Check back this post for category-wise subscription status on Day 1

The IPO has been assigned an IPO Grade 3/5 by credit rating agency CARE, which indicates that the company has relatively "Average" fundamentals. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CARE IPO Grading Document for Lovable Lingeries Ltd.

Lovable Lingeries IPO Rating from CARE

March 08, 2011 0
Lovable Lingeries IPO Rating from CARE
CARE has assigned an IPO Grade 3 to Lovable Lingeries Ltd IPO. This means that as per CARE, the company has 'Average Fundamentals'

CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CARE IPO Grading Document for Lovable Lingeries Ltd.

Lovable Lingeries Ltd. IPO would remain open for subscription between Tuesday, March 8, 2011 and Friday, March 11, 2011

Monday, March 7, 2011

Acropetal Technologies IPO Allotment Status declared

March 07, 2011 0
Acropetal Technologies IPO Allotment Status declared

Saturday, March 5, 2011

Lovable Lingeries IPO Price Band announced

March 05, 2011 0
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!

PTC India Financial Services (PFS) IPO Rating from CRISIL

March 05, 2011 0
PTC India Financial Services (PFS) IPO Rating from CRISIL
CRISIL has assigned an IPO Grade 3/5 to the proposed Initial Public Offer (IPO) of PTC India Financial Services Limited (PFS). The grade indicates that the fundamentals of the IPO are "Average" relative to other listed equity securities in India

CRISIL assigns IPO grades on a scale of IPO Grade 1 to IPO Grade 5 with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals

PTC India Financial Services Limited (PFS) is a subsidary of PTC India and is a systematically important non-deposit taking NBFC engaged in the business of making equity investments, providing debt financing, carbon credit financing, fee-based syndication and advisory services exclusively to the power sector

Stay tuned for IPO Dates and more on PTC India Financial Services IPO!

ONGC FPO to open in next financial year

March 05, 2011 0
ONGC FPO to open in next financial year
Oil & Natural Gas Corporation (ONGC) is coming up with an FPO, which has been postponed to next financial year from its earlier scheduled date.

The FPO proceeds will form a part of the divestment target of Rs.40,000 crore for Financial Year 2011-12, the expectation from the FPO being Rs.10,800 crore

ONGC is involved in exploring for and exploiting hydrocarbons in sedimentary basins of India. It owns and operates more than 11,000 kilometres of pipelines in India. ONGC contributes significantly to India's crude oil production and natural gas production

Tuesday, March 1, 2011

Lovable Lingeries IPO opens from March 8, 2011

March 01, 2011 0
Lovable Lingeries IPO opens from March 8, 2011
Lovable Lingeries Ltd., one of India's leading women's innerwear manufacturers, is coming up with an Initial Public Offer (IPO) of 4,550,000 Equity Shares, having a Face Value of Rs.10/- each

Lovable Lingeries Ltd.'s products include brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. Lovable Lingeries IPO would open for subscription from Tuesday, March 8, 2011 and would remain open for subscription till Friday, March 11, 2011

Check back Indian IPO Blog for the latest updates on Lovable Lingeries Ltd. IPO!