HomeNewsBusinessCompaniesLovable targets over 30% CAGR; no plan to raise funds soon

Lovable targets over 30% CAGR; no plan to raise funds soon

L Vinay Reddy chairman and managing director of Lovable Lingerie shares that the company that saw tremendous response from the investors is now well funded for the next two to three years.

March 30, 2011 / 15:39 IST
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Believed to be the best IPO of the year 2011, Women's innerwear manufacturer Lovable Lingerie's, closed its issue on March 11. It subscribed around 35 times and raised about Rs 93 crore. L Vinay Reddy chairman and managing director of Lovable Lingerie shares that the company that saw tremendous response from the investors is now well funded for the next two to three years.

first published: Mar 30, 2011 11:10 am

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