Lovable Lingerie Ltd - IPO

Lovable Lingerie Ltd IPO Details

Public issue of 45,50,000 equity shares of face value of Rs. 10 each of Lovable Lingerie Limited (The Company or The Issuer) for cash at a price of Rs. 205 per equity share (including a share premium of Rs. 195 per equity share) aggregating Rs. 93.28 crore (The Issue). The issue would constitute 27.08% of the post issue paid-up capital of the issuer.Issue price: Rs. 205 Per Equity Share of Face Value of Rs. 10 eachThe issue price is 20.5 times the face value

Objective of issue

Setting up of a manufacturing facility. Expenses to be incurred for Brand Building. Brand Development expenses for College Style brand. Investment in Joint Venture. Setting up of Exclusive Brand Outlets (EBO's). Sett. up of retail store modules for shop-in-shop. Up gradation of design studios. General corporate purpose.

Lovable Lingerie Ltd Contact Details

Lovable Lingerie Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - corporate@lovableindia.in

Website - www.lovableindia.in