|₹215.9 / ₹115.9|
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Liberty Shoes (LSL), incorporated in Sep. '86 as a public limited company, engaged in the business of manufacturing and selling leather & non-leather shoes, leather shoe uppers and leather garments. In 1991, LSL set up a joint venture to manufacture shoes, and in Dec 1995 it was discontinued. LSL has floated its maiden public issue at a premium of Rs. 89 to part-finance the project to manufacture facility for 6 lac pairs of leather shoes and 9. 6 lac pairs of non-leather shoes. The company has commenced commercial production of non-leather shoes in Dec. '93.