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Lovable Lingerie Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹205
Per Share
GMP
NIL
Grey Market
Est. Listing
₹205
Expected Price
Min. Application
₹12,300
2 lots × 30 shares
IPO Issue Details
Issue Price / Price Band₹205 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size30 Shares per Lot
Total Issue Size45,50,000 shares (aggregating up to ₹93.28 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 08 Mar 2011
Subscription CloseFri, 11 Mar 2011
Anchor AllotmentMon, 07 Mar 2011
Basis of AllotmentThu, 17 Mar 2011
Initiation of RefundsFri, 18 Mar 2011
Credit of Shares to DematFri, 18 Mar 2011
Listing DateThu, 24 Mar 2011
UPI Mandate Deadline2011-03-11
Application & Investment Details
Retail — Min (1 Lots)₹6,150 — 30 shares
Retail — Max (13 Lots)₹79,950 (13 Lots)
HNI — Min (33 Lots)₹2,02,950 — 990 shares
Pre-IPO Promoter Holding1,22,50,000 shares
Post-IPO Promoter Holding1,68,00,000 shares
About Lovable Lingerie Ltd.

Incorporated in 1987, 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.Company's products include brassieres, panties, slips / camisoles, homewear, shapewear, foundation garments and sleepwear products. "Lovable" and "Daisy Dee" are the flagship brands. Company is headquartered in Mumbai, Maharashtra and has three manufacturing facilities of which two are situated at Kanakapura road in Bengaluru and one is situated in Roorkee, Uttarakhand. Company's brand "Lovable" is amongst the top three most preferred brand in women’s innerwear in India.

Objects of the Issue

Lovable Lingerie Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Setting up of manufacturing facility to create additional capacity at Bengaluru
22.85
2
2 Expenses to be incurred for Brand Building
18.00
3
3 Brand Development expenses for our “College Style” brand
6.00
4
4 Investment in Joint Venture
25.00
5
5 Setting up of Exclusive Brand Outlets (“EBO’s”)
14.12
6
6 Setting up of retail store modules for “shop-in-shop”
3.61
7
7 Up gradation of design studios
7.60
8
8 General corporate purpose
23.96
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,22,50,000 shares
Post-IPO Promoter Holding 1,68,00,000 shares
Check AllotmentCheck Status →
Lovable Lingerie Ltd. — Live Price LIVE
₹205.00
INR · BSE
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Issue ₹205.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹205
GMPNIL
Est. Listing₹205
Lot Size30 shares
Min Amount₹12,300
Listing Date24 Mar 2011
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹205
Listing Date24 Mar 2011
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 4,550,000 100.00% ₹93.28 Cr
* Based on ₹205.00 (upper price band)
Lot Size & Investment Details
Lot Size
30
Shares
Issue Price
₹205.00
Per Share
Min Investment
₹6,150
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 30 ₹6,150
Retail (Max) 2 60 ₹12,300
sNII (Min) 33 990 ₹202,950
bNII (Min) 163 4,890 ₹1,002,450
Company Financials — Restated Consolidated (Amount in Lakhs)
Particulars31-Dec-1031-Mar-1031-Mar-09
Revenue from Operations 8657.21 8678.60 6881.80
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1260.67 978.96 601.94
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹205
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW 43.33%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Lovable Lingerie Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
A - 46, Street No. 2, MIDC, Andheri (East), Mumbai – 400 093, Maharashtra, India Mumbai, Maharashtra
Book Running Lead Managers
Anand Rathi Advisors Ltd.
Book Running Lead Manager (BRLM)