Saturday, March 12, 2011

Lovable Lingerie IPO - Subscription, Allotment, Listing

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Lovable Lingerie IPO got very good response from investors and got over 35 times subscribed before closing for the day. CARE had assigned Grade 3 to the IPO.

At the close of the IPO,
QII segment got subscribed by 21.87 times
NII segment got subscribed by 99.87 times
Retail segment got subscribed by 20.84 times

Click here to check if you have been alloted Lovable shares!

Lovable Lingerie IPO got listed on 24th March, 2011 and got a good opening from investors. The share ended with 23.10% premium on NSE, at Rs 252.35 as against issue price of Rs 205 a share, after hitting an intra-day high of Rs 278.90 and an intra-day low of Rs 240.
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