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United News of India
30-06-2025
- Business
- United News of India
Marc Loire Fashions Launches Rs. 21 Crore IPO to Fund Retail Expansion
New Delhi [India], June 26: Marc Loire Fashions Limited, a fast-growing player in India's women's footwear market, has announced its Initial Public Offering (IPO) to raise ₹21 crore. The issue opens for subscription on June 30, 2025, and closes on July 2, 2025. The shares will be listed on the BSE SME platform. The public offering comprises 21 lakh equity shares at a fixed price of ₹100 per share. Proceeds from the IPO will be used to: •Open 15 new Exclusive Brand Outlets (EBOs) •Upgrade retail infrastructure •Meet working capital requirements •Address general corporate purposes Founded in 2014, Marc Loire has evolved into a fashion-forward brand offering over 800 SKUs, spanning categories such as heels, sneakers, boots, and ethnic footwear. The company was converted into a public limited entity in 2024. Financial Highlights The company has demonstrated strong top-line and bottom-line growth: •Revenue (₹ crore): FY23 – 37.44 | FY24 – 40.40 | FY25 – 42.46 •PAT Margin (%): FY23 – 1.75% | FY24 – 10.09% | FY25 – 11.08% •Return on Net Worth (RONW): 43.75% •EBITDA margins: On an improving trajectory Post-issue, the company's net worth is expected to increase from ₹10.75 crore to ₹31.75 crore. The IPO is priced at a P/E multiple of 10.63x, suggesting a reasonably valued entry for investors. Distribution Strategy Marc Loire operates through a robust omnichannel model, combining Direct-to-Consumer (D2C) online sales with Business-to-Business (B2B) retail partnerships and Shop-in-Shop (SiS) formats. The company maintains relationships with over 40 vendors to ensure supply chain efficiency and product quality. Market Opportunity India's ₹55,000 crore footwear industry is growing at a CAGR of 15%. With women's footwear representing an increasing share of this market, Marc Loire is well-positioned to tap into the demand for affordable, trend-driven designs. Promoters & Management The leadership team includes: •Arvind Kamboj – Managing Director & Chairman •Shaina Malhotra – Whole-Time Director •Atul Malhotra – Non-Executive Director Each brings more than a decade of domain expertise in the fashion and footwear sectors. IPO Details at a Glance: •Issue Size: ₹21 crore •Issue Price: ₹100 per share •Lot Size: To be announced •Subscription Period: June 30 – July 2, 2025 •Listing Exchange: BSE SME For investors seeking exposure to a growing consumer brand with strong financials and expansion potential, Marc Loire Fashions offers a compelling opportunity to participate in the next phase of India's retail fashion growth story.
Time of India
26-06-2025
- Time of India
Panchkula Police struggle with burglary case resolution: Just 36% solved in last 5 years
Panchkula: The police continue to struggle with a low burglary case resolution rate, raising serious concerns about investigative effectiveness. Despite hundreds of cases being reported each year, a majority remain unsolved, leaving victims without closure and emboldening criminals. Tired of too many ads? go ad free now An analysis of burglary cases over the past five years reveals a concerning trend in Panchkula: only about 36% of all reported burglary cases between 2021 and April 2025 were solved by the district police. Between 2021 and April 2025, a total of 1,044 burglary cases were reported in Panchkula. Of these, only 370 cases were worked out, indicating a five-year case resolution rate of 35.4%. In 2021, 208 burglary cases were reported, with 84 solved, marking a resolution rate of approximately 40.4%. The following year, 285 cases were lodged, with 114 worked out — a 40% resolution rate. In 2023, the rate dipped slightly, with 90 of 278 cases solved (32.4%). The downward trend continued in 2024, with just 71 of 194 cases cracked (36.6%). The current year appears even more troubling: from Jan 1 to April 30, only 11 out of 79 cases — just 13.9% — were solved. The figures were provided under the Right to Information (RTI) act. The consistent failure to solve a majority of these cases means stolen valuables — often including cash, jewellery, electronics, and important documents — are rarely recovered, leaving victims without justice or restitution. Residents and local activists have expressed frustration, citing a lack of police presence, surveillance, and investigative follow-up. "With crime trends showing no signs of slowing, we urge authorities to priorities property crime investigations and strengthen neighbourhood policing to improve both resolution rates and public confidence in law enforcement. Tired of too many ads? go ad free now Besides, the police need to increase patrolling and presence to instill fear in the minds of criminals. The recent cases in which thieves dared to enter houses even when the family was in is shocking for all," said SK Nayar, president, Citizens' Welfare Association, Panchkula. A senior police official, on condition of anonymity, admitted that staff shortages and lack of forensic resources hamper investigations. When contacted, ACP Arvind Kamboj (crime branch) told TOI, "I do not have the said data with me right now, but we are doing recoveries and solving cases in many burglaries. Not just at police station level, even crime branch level teams are formed and cases are solved."
Business Standard
26-06-2025
- Business
- Business Standard
Marc Loire Fashions Launches Rs. 21 Crore IPO to Fund Retail Expansion
PNN New Delhi [India], June 26: Marc Loire Fashions Limited, a fast-growing player in India's women's footwear market, has announced its Initial Public Offering (IPO) to raise ₹21 crore. The issue opens for subscription on June 30, 2025, and closes on July 2, 2025. The shares will be listed on the BSE SME platform. The public offering comprises 21 lakh equity shares at a fixed price of ₹100 per share. Proceeds from the IPO will be used to: * Open 15 new Exclusive Brand Outlets (EBOs) * Upgrade retail infrastructure * Meet working capital requirements * Address general corporate purposes Founded in 2014, Marc Loire has evolved into a fashion-forward brand offering over 800 SKUs, spanning categories such as heels, sneakers, boots, and ethnic footwear. The company was converted into a public limited entity in 2024. Financial Highlights The company has demonstrated strong top-line and bottom-line growth: * Revenue (₹ crore): FY23 - 37.44 | FY24 - 40.40 | FY25 - 42.46 * PAT Margin (%): FY23 - 1.75% | FY24 - 10.09% | FY25 - 11.08% * Return on Net Worth (RONW): 43.75% * EBITDA margins: On an improving trajectory Post-issue, the company's net worth is expected to increase from ₹10.75 crore to ₹31.75 crore. The IPO is priced at a P/E multiple of 10.63x, suggesting a reasonably valued entry for investors. Distribution Strategy Marc Loire operates through a robust omnichannel model, combining Direct-to-Consumer (D2C) online sales with Business-to-Business (B2B) retail partnerships and Shop-in-Shop (SiS) formats. The company maintains relationships with over 40 vendors to ensure supply chain efficiency and product quality. Market Opportunity India's ₹55,000 crore footwear industry is growing at a CAGR of 15%. With women's footwear representing an increasing share of this market, Marc Loire is well-positioned to tap into the demand for affordable, trend-driven designs. Promoters & Management The leadership team includes: * Arvind Kamboj - Managing Director & Chairman * Shaina Malhotra - Whole-Time Director * Atul Malhotra - Non-Executive Director Each brings more than a decade of domain expertise in the fashion and footwear sectors. IPO Details at a Glance: * Issue Size: ₹21 crore * Issue Price: ₹100 per share * Lot Size: To be announced * Subscription Period: June 30 - July 2, 2025 * Listing Exchange: BSE SME For investors seeking exposure to a growing consumer brand with strong financials and expansion potential,Marc Loire Fashions offers a compelling opportunity to participate in the next phase of India's retail fashion growth story.
