Subject: Upcoming IPO - Lovable Lingeries Ltd
1. Upcoming IPO - Lovable Lingeries Ltd
Lovable Lingeries Ltd is entering in the capital markets with an initial public offering, IPO of 45,50,000 Equity Shares of Rs. 10 each. The price band for the issue has not been fixed yet.
Lovable Lingeries Ltd is one of India's leading women's innerwear manufacturers. Company was licensed the brand "Lovable" from Lovable World Trading Company, USA in 1995. "LOVABLE" is India's First Premium International Lingerie Brand. The company’s brands Lovable, Daisy Dee and College Style are retailed through 103 distributors in India.
The issue opens on Mar 08, 2011 and closes for subscription on Mar 11, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
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