Lovable Lingerie has opened its (IPO) initial public offering for subscription from 8 March. The company has set price band at Rs.195 – 205 per share for its Rs.93.28 crore IPO. The issue will close on 11 March 2011. Bids can be made for 30 equity shares and in multiple of 30 shares thereafter. It is woman’s inner wear manufacturing company, actively engaged in this industry.
Equity shares are likely to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).