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Time of India
3 days ago
- Business
- Time of India
Marc Loire Fashions IPO opens for subscription. Check price band, issue size and other key details
Marc Loire Fashions is launching its IPO today. The company plans to raise Rs 21 crore. It will offer 21 lakh equity shares at Rs 100 each. Marc Loire Fashions launches its IPO today, aiming to raise ₹21 crore through a fixed price issue. The women's footwear company will use the funds to expand its retail presence with 15 new outlets and support working capital. With a strong financial performance, including a PAT margin of 11. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The initial public offering (IPO) of Marc Loire Fashions will open for public subscription today and will remain open until Wednesday. The company aims to raise Rs 21 crore through a fixed price issue of 21 lakh equity shares at Rs 100 per share. The listing of shares is expected on the BSE SME platform on July can bid for a minimum of 1,200 equity shares, requiring an investment of Rs 1,20, issue consists entirely of a fresh issue of shares, with no offer-for-sale component. Of the total shares offered, 47.49% are reserved for retail investors and 47.49% for non-institutional Management Services is the lead manager for the issue and Maashitla Securities is serving as the in 2014, Marc Loire Fashions operates in the women's footwear segment, offering a diverse product portfolio that includes ethnic sandals, wedges, formal sandals, athleisure slip-ons, and company markets its products through both Direct-to-Consumer (D2C) online platforms and Business-to-Business (B2B) retail channels, with partnerships across well-known outlets such as Reliance Centro Stores and Lulus Mall, in addition to various e-commerce company has shown stable financial growth with FY25 revenue of Rs 42.46 crore and net profit of Rs 4.71 crore, reflecting an 11.08% PAT margin and a return on equity (ROE) of 44%.Proceeds from the IPO will be used to expand its retail footprint through the launch of 15 new exclusive brand outlets, fund working capital needs, purchase display infrastructure, and cover general corporate results are expected by Thursday, July 3, followed by refunds and demat credit by Friday, July 4.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
3 days ago
- Business
- Economic Times
Marc Loire Fashions IPO opens for subscription. Check price band, issue size and other key details
The initial public offering (IPO) of Marc Loire Fashions will open for public subscription today and will remain open until Wednesday. The company aims to raise Rs 21 crore through a fixed price issue of 21 lakh equity shares at Rs 100 per share. The listing of shares is expected on the BSE SME platform on July 7. ADVERTISEMENT Investors can bid for a minimum of 1,200 equity shares, requiring an investment of Rs 1,20,000. The issue consists entirely of a fresh issue of shares, with no offer-for-sale component. Of the total shares offered, 47.49% are reserved for retail investors and 47.49% for non-institutional investors. Finshore Management Services is the lead manager for the issue and Maashitla Securities is serving as the in 2014, Marc Loire Fashions operates in the women's footwear segment, offering a diverse product portfolio that includes ethnic sandals, wedges, formal sandals, athleisure slip-ons, and company markets its products through both Direct-to-Consumer (D2C) online platforms and Business-to-Business (B2B) retail channels, with partnerships across well-known outlets such as Reliance Centro Stores and Lulus Mall, in addition to various e-commerce platforms. ADVERTISEMENT The company has shown stable financial growth with FY25 revenue of Rs 42.46 crore and net profit of Rs 4.71 crore, reflecting an 11.08% PAT margin and a return on equity (ROE) of 44%.Proceeds from the IPO will be used to expand its retail footprint through the launch of 15 new exclusive brand outlets, fund working capital needs, purchase display infrastructure, and cover general corporate expenses. ADVERTISEMENT Allotment results are expected by Thursday, July 3, followed by refunds and demat credit by Friday, July 4. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
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Business Standard
25-06-2025
- Business
- Business Standard
Influx Healthtech lists at 38% premium on NSE SME, beats GMP estimates
Influx Healthtech IPO listing today: Shares of healthcare-focused contract manufacturer Influx Healthtech made a robust market debut on Wednesday, June 25, 2025, listing at ₹132.5 on the NSE SME platform, a premium of 38 per cent from its issue price of ₹96 per share. After the listing, shares of Influx Healthtech were trading at 127.5, down 3.77 per cent from the opening price. Influx Healthtech debut was significantly above the grey market expectations. Ahead of listing, the unlisted shares of Influx Healthtech were trading ₹116, reflecting a premium of ₹20 or 20.8 per cent against the issue price. Influx Healthtech IPO subscription The company offered shares in the price band of ₹91 to ₹96 with a lot size of 1,200 shares. It received bids for 81,75,38,400 shares against the 40,58,400 shares offered, resulting in an oversubscription of 201 times by the end of the subscription period, showed NSE data. Influx Healthtech IPO details Influx Healthtech IPO was combination of fresh issue of 5 million equity shares to raise ₹48 crore and offer for sale (OFS) of 1.1 million equity shares aggregating to ₹10.56 crore. Influx Healthtech IPO was available for subscription from Wednesday, June 18, 2025, till Friday, June 20, 2025. The basis of allotment of shares was finalised on Monday, June 23, 2025. Maashitla Securities was the registrar of the issue. Rarever Financial Advisors was the book-running lead manager of the Influx Healthtech IPO. According to the red herring prospectus (RHP), the company plans to use the net fresh issue proceeds to set up a manufacturing facility for Nutraceutical Division, another manufacturing facility for Veterinary Food Division, and purchase of machinery for homecase and cosmetic division. The remaining funds will be used for general corporate purposes. About Influx Healthtech Incorporated in 2020, Influx Healthtech is a Mumbai-based, healthcare-focused company specialising in contract manufacturing. The company operates three manufacturing units in Thane, Maharashtra. The company's expertise spans the production of Dietary and Nutritional Supplements, Cosmetics, Ayurvedic/Herbal Products, Veterinary Feed Supplements, Homecare Products, Active Pharmaceutical Ingredients (API), and finished dosage forms, including tablets, capsules and injectables.
Economic Times
24-06-2025
- Business
- Economic Times
Icon Facilitators IPO opens today. Check price band, issue size and other details
Facilities management player Icon Facilitators Limited will open its initial public offering (IPO) for subscription on Tuesday and close on Thursday. The Rs 19.11 crore issue is entirely a fresh offering of 21 lakh shares and will list on the BSE SME platform on July 1. ADVERTISEMENT The IPO is being offered in a price band of Rs 85 to Rs 91 per share. Retail investors can bid for a minimum of one lot comprising 1,200 shares. Khambatta Securities is the book-running lead manager, while Maashitla Securities is the registrar to the issue. Nikunj Stock Brokers will act as the market maker. The IPO will offer 9.46 lakh shares each to retail and non-institutional investors, while qualified institutional buyers (QIBs) will get 1 lakh shares. A portion of 1.05 lakh shares is reserved for market in 2002, Icon Facilitators is a North India-based integrated facilities management company with over 1,955 employees across 127 sites, recently expanding into the South. It provides both soft services—like housekeeping, façade cleaning, and pest control—and hard services including HVAC maintenance, electrical system management, STP/ETP oversight, and safety FY25, the company reported a revenue of Rs 58.07 crore and a profit after tax of Rs 4.47 crore, marking a 154 percent jump in profits year-on-year. The company operates with zero debt and had an EBITDA of 6.55 crore rupees in the latest financial year. ADVERTISEMENT The company intends to use Rs 16 crore from the net proceeds to meet working capital requirements and the rest for general corporate purposes. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Entrepreneur
23-06-2025
- Business
- Entrepreneur
Safe Enterprises Retail Fixtures Launches INR 169.74 Cr IPO
You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Safe Enterprises Retail Fixtures Limited (SERFL), a leading player in the design, manufacturing, and installation of retail shop fittings and fixtures, has announced the launch of its INR 169.74 crore Initial Public Offering (IPO) on the NSE Emerge platform. The public issue will open on June 20, 2025, and close on June 24, 2025. The IPO comprises a fresh issue of 1.23 crore equity shares with a face value of INR 5 each. The price band for the offering is set between INR 131 and INR 138 per equity share. The company aims to raise INR 16,974 lakhs through the issue. Hem Securities Limited is acting as the book-running lead manager for the issue, while Maashitla Securities Private Limited is the registrar. The proceeds from the IPO will be primarily used to fund capital expenditure for setting up an integrated manufacturing facility. This includes land acquisition, civil construction, and procurement of plant and machinery, with an allocation of INR 65.88 crore. An additional INR 6.99 crore will be invested in the company's subsidiary, Safe Enterprises Retail Technologies Private Limited, for infrastructure development. Furthermore, INR 40 crore will be used to meet working capital requirements for both the parent company and its subsidiary. The remaining funds will be used for general corporate purposes. In FY25, the company reported consolidated revenue of INR 138.31 crore, with an EBITDA of INR 52.11 crore, reflecting a strong margin of 37.67%. Net profit for the year stood at INR 39.18 crore, translating to a net margin of 28.33%. The company also reported a high return on equity (ROE) of 77.54% and return on capital employed (ROCE) of 69.10%. Between FY23 and FY25, revenue grew at a CAGR of 33.84%, while profit after tax grew at a remarkable 80.04% CAGR. Originally founded in 1976 as a partnership firm, the company was restructured and incorporated as Safe Enterprises Retail Fixtures Limited in July 2024. Headquartered in Navi Mumbai, the company operates three manufacturing units and has an Experience Centre in Cochin. It caters to a wide array of retail sectors including fashion, electronics, and department stores. SERFL offers both traditional and modular retail fixture solutions, many of which integrate modern technologies such as IoT-enabled components, digital displays, and electrified systems. The company is led by Chairman and Managing Director Saleem Shabbir Merchant, who has over 48 years of industry experience, along with Mikdad Merchant, CFO, and Huzefa Merchant, Director.
