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 each
The issue price is 20.5 times the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
08-Mar-2011
11-Mar-2011
₹ 205.00
₹ 0.00
Minimum Application for shares in Nos : 30.0
Further Multiples of : 30.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
129.60
Anand Rathi Advisors Ltd
Project Financed through Current Offer
93.28
Post Issue Equity Share Capital
16.80
Issue Price
₹205.00
Projects
Setting up of a manufacturing facility
Expenses to be incurred for Brand Building
Brand Development expenses for College Style brand