Latest news with #EBOs
Mint
03-07-2025
- Business
- Mint
Marc Loire IPO allotment expected today: Step-by-step guide to check your allotment status online
Marc Loire IPO allotment in focus: The allotment for the Marc Loire IPO is expected to be finalized today, July 03. Investors can check their allotment status through the registrar, Maashitla Securities Private Limited, or the BSE website. The IPO, which was open for subscription from June 30 to July 2, saw a muted response from investors, being subscribed by only 2.61 times. Specifically, the retail segment was subscribed to 3.61 times, while the non-institutional buyers' segment was booked at 1.60 times. The IPO price was set at ₹ 100 per share. Given the oversubscription in the retail segment, shares will be allocated to retail individual investors (RIIs) on a proportional basis. Those who do not receive an allotment can expect the refund process to start on July 04, 2025. Shares allotted will be credited to investors' demat accounts on the same day as the refunds. The SME IPO is expected to be listed on the BSE SME platform, with a tentative date of July 07, 2025. The company plans to use the net proceeds from the IPO for several purposes, including funding capital expenditure for expansion of the retail network by launching 15 new exclusive brand outlets (EBOs), funding capital expenditure for the purchase of multi-purpose racks, working capital requirements, and general corporate expenses. On the registrar's website: 1. Visit the Maashitla Securities Private Limited website— 2. Select "Marc Loire" from the drop-down list on the "Check Application Status" page. 3. Enter your PAN number, demat account number, or application number. 4. Click on the "SUBMIT" button. 5. The allotment status will appear on your screen. 1: Visit the allotment page on BSE's official website: 2: Under 'Issue Type,' select 'Equity.' 3: Choose the IPO from the drop-down option under 'Issue Name.' 4: Enter the PAN or application number. 5: Click on 'I am not a robot' to confirm your identity, then hit the 'Submit' button. The allotment status will appear on your screen. Incorporated in 2014, Marc Loire Fashions Limited is a high-end fashion brand specializing in stylish and comfortable women's footwear. The company offers a diverse range of designs to cater to various preferences. Their collection includes products like open-toe block heel metallic fashion sandals and lightweight athleisure knitted slip-on sneakers. The company is committed to delivering premium-quality footwear that combines both style and comfort. Disclaimer: We advise investors to check with certified experts before taking any investment decisions.
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.
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.
NDTV
28-05-2025
- Business
- NDTV
The Rise Of Reid & Taylor: From Legacy To Premium Market Leadership
New Delhi: Reid & Taylor, a name associated with Premium Suiting and Dignified Heritage, has emerged as a modern market leader under the remarkable leadership of Hardik Patel, Managing Director of Finquest Group, and Ajay Agarwal, Group CEO of Reid & Taylor. The brand's transformation into a powerhouse of premium fashion has been the result of razor-sharp strategic thinking, structured execution, and an unrelenting ambition to scale sustainably. In FY 2024–25, Reid & Taylor surpassed ₹1,500 crore in Gross Merchandise Value (GMV), a landmark that cements its status among India's most successful premium fashion brands. This growth is supported by a national footprint of over 1,500 retail touchpoints—comprising both Multi-Brand Outlets (MBOs) and Exclusive Brand Outlets (EBOs)—and a workforce of more than 2,500 employees. As a Premium Suitings and Shirtings brand, Reid & Taylor has also emerged as a preferred fabric supplier for global premium brands—offering unmatched quality and design innovations. With an exceptional strategy planning, Hardik Patel has been instrumental in not just steering the brand, but reimagining what it stands for. Group CEO Ajay Agarwal under the guidance of Board of Directors headed by Hardik Patel combines long-term strategic planning with market-focused agility. 'It was never about revival—it was about raising the bar,' has been the Vision of the Brand. The leadership focuses on building for scale, investing in core capabilities, and staying deeply attuned to shifting consumer expectations. Working closely in line with Global Practices, Ajay Agarwal, whose operational excellence as a Group CEO has ensured success across every aspect of business. His ability to design and execute large-scale distribution strategies, implementation of Operational process, optimize performance at the retail level, and accelerate omnichannel adoption has played a central role in Reid & Taylor's upward trajectory. His execution-first mindset complements Hardik's vision, resulting in a highly aligned leadership framework that drives consistent performance. In 2024, the brand further expanded its offerings with the formal launch of its apparel division. Overseen by Apparel Division CEO Subrata Siddhanta, this segment added a curated line of premium ready-to-wear menswear—positioned carefully to complement the brand's established fabric legacy. With this addition, Reid & Taylor has become a true one-stop shop for premium menswear. The strategy is omnichannel from inception: a strong offline rollout across Tier 1 and Tier 2 cities, combined with an integrated online presence across website, marketplaces and D2C platforms. What truly sets Reid & Taylor apart in today's market is its premium quality product offering and aggressive, high-impact brand building. The endorsement by Bollywood icon Vicky Kaushal as brand ambassador has not only strengthened further visibility but also reinforced the brand's commitment towards positive growth. Backed by 360-degree marketing campaigns across digital, outdoor, and retail formats, Reid & Taylor has struck a chord with the modern Indian male—ambitious, stylish, and aspirational. Today, Reid & Taylor is a brand defined not by nostalgia but by vision and at the heart of that vision are two leaders—Hardik Patel and Ajay Agarwal—who have shown that with the right intent and execution, legacy can be a launchpad for leadership. Reid & Taylor is not just crafting premium menswear—it is weaving India's growth story, one thread at a time. Disclaimer: The above sponsored content is non-editorial and has been sourced from a third party. NDTV does not guarantee, vouch for or necessarily endorse any of the above content, nor is responsible for it in any manner whatsoever.
