Latest news with #MarcLoireFashions
Business Standard
07-07-2025
- Business
- Business Standard
BSE SME Marc Loire Fashions stumbles out of the gate
Shares of Marc Loire Fashions was trading at Rs 76 on the BSE, a discount of 24% compared with the issue price of Rs 100. The scrip was listed at Rs 80, a discount of 20% compared with the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing price. The counter hit a high of Rs 80 and a low of Rs 76. About 84,000 shares of the company changed hands at the counter. Marc Loire Fashions' IPO was subscribed 2.52 times. The issue opened for bidding on 30 June 2025 and it closed on 2 July 2025. The price of the IPO was set at Rs 100 per share. The IPO comprised fresh issue of 21,00,000 equity shares. The promoter shareholding in the company diluted to 70.42% post- IPO from 99.99% pre-IPO. The company intends to utilize the net proceeds for capital expenditure for expansion of the companys retail network by launching 15 new exclusive brand outlets (EBOs), purchase of Multi-Purpose Rack, working capital requirements and general corporate purposes. Marc Loire Fashions is engaged in women's footwear products, boasting an impressive catalogue of over 800 unique styles that cater to a broad spectrum of tastes and occasions. Its collection includes party heels, ethnic flats, wedges, winter boots, mules, formal heels, loafers, cork sandals, arc-supported flats, athleisure and activewear footwear, sneakers and other styles that blend comfort with fashion. As on 31st march 2025, the company has 20 employees. The company recorded revenue from operations of Rs 42.25 crore and net profit of Rs 4.70 crore for the period ended 31 March 2025.
Time of India
07-07-2025
- Business
- Time of India
Marc Loire Fashions shares to list today. GMP flat ahead of debut
Synopsis Marc Loire Fashions is ready for its debut on the Bombay Stock Exchange SME platform this Monday. The initial public offering of Rupees 21 crore was subscribed 2.33 times. The company will use the IPO proceeds to expand its brand. This includes launching exclusive brand outlets and setting up retail racks. The company reported revenue of Rupees 42.
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
30-06-2025
- 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
30-06-2025
- 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)
