Lovable Lingeries Limited based at Mumbai is entering into capital market with an Initial Public Offer (IPO) of 4,550,000 Equity Shares of Rs 10 each. The IPO is available wef 8th Mar 2011-11th Mar 2011. The price band for the issue has been fixed at Rs 195 – Rs 205 Per Equity Share .
Verdict for Lovable Lingeries Limited IPO
One can AVOID’ this IPO as amount being asked is high and is not commensurate with the fundamentals of the company.
PTC India Financial (PFS) IPO has got 3 out of 5 by CRISIL (rating agency) and this rating/grading is Average fundamentals for a NBFC company IPO. The grade 3 indicates that the fundamentals of the IPO are Average compared to the other listed securities in India.
Verdict for PTC India Financial (PFS) IPO
One can AVOID this PTC India Financial (PFS) IPO as amount being asked is high and is not commensurate with the fundamentals of the company.
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