logo
Marc Loire IPO Day 1: Subscription status, GMP, other key details you need to know

Marc Loire IPO Day 1: Subscription status, GMP, other key details you need to know

Mint30-06-2025
Marc Loire IPO: The issue opened for subscription on 30 June. Here is the Subscription Status, GMP, other key details you need to know
Marc Loire IPO was subscribed 0.29 times on 30 June by 4:20 PM. In the retail category, the public offering was subscribed to 0.08 times, in the QIB category [.] times, and in the NII category 0.51 times.
Marc Loire IPO Key dates: The subscription period for Marc Loire Fashions' initial public offering (IPO) began on June 30, 2025, and it will end on July 2, 2025. On Thursday, July 3, 2025, the allocation for the Marc Loire IPO is anticipated to be finalized.
Marc Loire IPO Issue Size: The Marc Loire IPO is a fixed price of ₹ 21.00 crores. The issue is entirely a fresh issue of 21.00 lakh shares.
Marc Loire IPO Price Band: The IPO price of Marc Loire is ₹ 100 per share.
The application must have a minimum lot size of 1200 shares.
Considering the lot size and price, the retail investors are required to invest a minimum of ₹ 120,000. For HNI, the minimum lot size investment is two lots (2,400 shares), or ₹ 240,000.
Marc Loire IPO Listing Details: The proposed listing date for Marc Loire's initial public offering (IPO) on the BSE SME is set for Monday, July 7, 2022.
Founded in 2014, Marc Loire Fashions Limited is a luxury fashion business that specializes in fashionable and cozy footwear for ladies.
Marc Loire IPO Registrar and Lead Managers: The Marc Loire IPO's book-running lead manager is Finshore Management Services Limited, while the issue's registrar is Maashitla Securities Private Limited. Black Fox Financial Private Limited is the market maker for Marc Loire's initial public offering.
The Marc Loire IPO GMP, or Grey Market Premium, stood at ₹ 6. This means that the shares of Marc Loire are trading at ₹ 6, or 6%, higher than the issue price, and investors are expecting listing at ₹ 106.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Takyon Networks IPO allotment to be out soon: Here are steps to check status online and GMP as focus shifts to listing
Takyon Networks IPO allotment to be out soon: Here are steps to check status online and GMP as focus shifts to listing

Mint

time8 hours ago

  • Mint

Takyon Networks IPO allotment to be out soon: Here are steps to check status online and GMP as focus shifts to listing

Takyon Networks IPO: The allotment for the issue, which saw its subscription period end on 1 August, 2025, is set to be out soon: Takyon Networks IPO will be listed on BSE SME, with a tentative listing date set for Wednesday, August 6, 2025. Hem Securities Limited is the book-running lead manager for the Takyon Networks IPO, while Cameo Corporate Services Limited is the registrar. Hem Finlease Private Limited is the market maker for Takyon Networks' initial public offering. Since Takyon Networks IPO will be listed on BSE SME and Cameo Corporate Services Limited is the registrar of the issue, the investors can check for the allotment online either on the BSE website or the registrar Cameo Corporate Services Limited website. Here are steps to check status online and GMP as focus shifts to listing. Step 1: Go to the website of Registrar Cameo Corporate Services Limited to check the Takyon Networks IPO allotment status by clicking the link: Step 2- Click on any one of the links. Step 3: Select Repono from the 'Select company name' dropdown menu. (Note: the company name will only appear once the allotment status is out.) Step 4: Select from the selection type any of the following: the application number, the PAN number, or the DP number. Step 5: Enter the details from the option selected on the Value Box Step 6: Click the SUBMIT button after entering the captcha. Step 1: Go to the BSE website by clicking on the link below Step 2: Select Issue type and click on Equity Step 3: Under the select issue name, select "TAKYON NETWORKS LIMITED" from the dropdown Step 4: Thereafter, enter your details, such as application number and PAN information. On August 4, Takyon Networks IPO GMP, or the Grey Market Premium, stood at NIL. This means that Takyon Networks shares are selling in the grey market without any premium over the issue price's upper range of ₹ 96. Investors anticipate Takyon Networks shares to be listed without any premium, above the upper range of the offering price of ₹ 54. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment

Umiya Mobile shares list at ₹69 on BSE SME, up 4.55% from IPO price
Umiya Mobile shares list at ₹69 on BSE SME, up 4.55% from IPO price

Mint

time10 hours ago

  • Mint

Umiya Mobile shares list at ₹69 on BSE SME, up 4.55% from IPO price

Umiya Mobile IPO listing: Shares of Umiya Mobile made a decent debut on the bourses on Monday, August 4, listing at ₹ 69 on BSE SME, a premium of 4.55 percent to its issue price of ₹ 66. The ₹ 24.88-crore Initial Public Offering (IPO) of Umiya Mobile was open for subscription from July 28 to July 31 and received a decent response from investors. The issue, with a total size of 35.80 lakh shares, was subscribed 2.57 times over the three-day bidding window. In terms of demand, the IPO garnered bids for 91.94 lakh shares against the 35.80 lakh shares on offer. Among investor categories, the retail investor portion was subscribed 2.61 times, while the non-institutional investor (NII) segment saw a subscription of 2.44 times, reflecting healthy interest across both categories. The Umiya Mobile IPO comprised an entirely fresh issue of 37.70 lakh equity shares, with no offer-for-sale (OFS) component involved. The lot size for the IPO was fixed at 2,000 shares, meaning the minimum investment required by a retail individual investor was ₹ 2,64,000 for 4,000 shares (2 lots). The net proceeds from the fresh issue will be utilised to repay or prepay the company's outstanding borrowings and for general corporate purposes, as outlined in the offer documents. The IPO adhered to the standard allocation structure, with 75 percent of the issue reserved for Qualified Institutional Buyers (QIBs), 15 percent allocated to Non-Institutional Investors (NIIs), and the remaining 10 percent set aside for Retail Individual Investors (RIIs). Additionally, the issue included a reservation of up to 69,767 shares for eligible employees, who were offered shares at a discount of ₹ 22 per share from the issue price. Smart Horizon Capital Advisors Private Limited acted as the book-running lead manager for the Umiya Mobile IPO, while Bigshare Services Pvt Ltd served as the registrar. The market maker for the issue was Shreni Shares Limited. Established in 2012, Umiya Mobile Pvt. Ltd., a Rajkot-based retail player, has emerged as a prominent name in the mobile phones and consumer electronics space. The company retails a broad selection of smartphones from top brands such as Apple, Samsung, Realme, and Xiaomi, along with home appliances including smart TVs, air conditioners, refrigerators, and coolers from well-known names like Sony, LG, Panasonic, and Godrej. The company witnessed robust financial growth in FY25, with revenue rising 33 percent and profit after tax (PAT) surging 141 percent compared to the previous fiscal year ending March 2024. Umiya Mobile currently operates 149 stores in Gujarat and 69 in Maharashtra, leveraging a wide network to cater to diverse customer segments. Its multi-format retail approach and expanding geographic footprint have played a significant role in driving both sales and profitability.

Umiya Mobile shares list with 2% premium over IPO price on BSE SME platform
Umiya Mobile shares list with 2% premium over IPO price on BSE SME platform

Economic Times

time11 hours ago

  • Economic Times

Umiya Mobile shares list with 2% premium over IPO price on BSE SME platform

Umiya Mobile debuted on the BSE SME platform on Monday, listing at Rs 67.4 apiece, a mere 2% premium over the IPO price. The IPO received an overwhelming response from retail and HNI investors during the subscription process. However, a grey market premium (GMP) of Rs 0 just ahead of the listing had hinted at a subdued debut. ADVERTISEMENT The Rajkot-based electronics retailer raised Rs 24.88 crore through a fresh issue of 37.7 lakh equity shares at a fixed price of Rs 66 per share. Umiya Mobile is a multi-brand retail chain that deals in smartphones, accessories, laptops, and consumer electronics such as smart TVs, refrigerators, and air conditioners. It has a pan-Gujarat presence with 149 stores and another 69 in Maharashtra. While the company has shown impressive revenue growth — a 33% rise in FY25 to Rs 601 crore — its PAT margin remains wafer-thin at just under 1%. Nonetheless, PAT jumped 141% to Rs 5.66 crore, supported by operating leverage and expanding IPO proceeds will go toward debt repayment and general corporate the fundamentals are decent and the brand has built a strong regional retail network, market watchers remain cautious. ADVERTISEMENT The company operates in a competitive, low-margin business with high working capital requirements. Moreover, the lack of a GMP reflects subdued expectations ahead of the no premium signaled in the unofficial market, all eyes are now on whether Umiya Mobile can deliver a surprise pop or if the retail exuberance was misplaced. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store