Subject: IPO Listing - Acropetal Technologies / IPO Review - Lovable Lingerie
1. Acropetal Technologies Ltd IPO shares will list on Thursday, March 10, 2011. Issue price of this IPO has been fixed at Rs 90/- per share. IPO was oversubscribed by 1.28 times (1.21 times in retail).
IPO Listing Detail
Listing Date: Thursday, March 10, 2011
BSE Scrip Code: 533330
Listing In: 'B' Group of Securities
Issue Price: Rs. 90.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share
Click on the below link to find more detail about Acropetal Technologies Ltd IPO:
2. Subscribe to Lovable Lingerie IPO: MLR Securities
The issue looks attractive as the company has created a niche in women’s innerwear market with an established brand name catering to the premium and mid‐market segment. The company is almost debt free and the valuations are quite reasonable compared to peers.
Few concerns remain on the sustainability of the margins going forward with low pricing power on account of fragmented nature of the industry makes the issue a tad risky. We recommend investors with high risk appetite to SUBSCRIBE to the issue the for a long term time frame.
Click on the below link to find detail review from MLR Securities about Lovable Lingeries IPO:
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