30-06-2025
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.
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