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IPO

M

₹1,20,000 / 1200 shares

RHP/DRHP

Issue Date

30 Jun - 2 Jul'25

Price Range

₹100

Lot Size

1200

IPO Size

₹21.00 Cr

Marc Loire Fashions IPO Listing Details

Listing On

7 Jul'25

Issue Price

--

Listed Price

₹ 80

Retail Gain/Listing Gain

-20.00%

Schedule of Marc Loire Fashions IPO

Start date

30/06/2025

End date

02/07/2025

Allotment of bids

Refund Initiation

04/07/2025

Listing on exchange

07/07/2025

The IPO of Marc Loire Fashions Ltd comprises a fresh issue of 21,00,000 equity shares aggregating up to ₹21 crores. It has no offer for sale and is a fixed price issue. The price range is ₹100 per share. The lot size is 1200.

The IPO opening date is June 30, 2025. The closing date is July 2, 2025. The allotment date is July 3, 2025. The initiation of refunds will take place on July 4, 2025. The listing date is July 7, 2025. The credit of shares to the demat account will take place on July 4, 2025.

  • Funding capital expenditure for expansion of it retail network by launching 15 new exclusive brand outlets
  • Funding capital expenditure for purchase of multi-purpose racks
  • Working capital requirements
  • To meet issue expenses
  • General corporate expenses

The Indian leather, leather products and footwear industry hold a prominent place in the Indian economy. This sector is known for its consistency in high export earnings and it is among the top ten foreign exchange earners for the country. India consumed 2.56 billion pairs of footwear in financial year 2016, an annual growth of 4.5 % over FY 2015. A CAGR of 8-10% is expected in FY 22- FY 25, with consumption touching 2.9 billion pairs by FY 2025.

Marc Loire Fashions Ltd 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.

This diversity allows it to cater to every need, from everyday wear to special occasions, providing its customers with a wide range of options to express their style.

  • Pending Lease/Rent Agreement

Marc Loire has not yet executed any lease/rent agreements for setting up its proposed 15 exclusive brand outlets (EBOs) in 9 states across India. It cannot assure that it will be able to execute lease agreements in a timely manner and at the same locations where its EBOs will be located.

In the event of any delay in executing the lease agreements, or in the event the landlords are not able to provide the same in a timely manner, or at all, it may encounter time and cost overruns in setting up these new locations.

  • Availability of Look-alikes and Counterfeit Products

The company is exposed to the risk that certain entities in India where its products are marketed, could pass off their products as Marc Loire’s to create look alike and counterfeit products. The availability of look-alikes, counterfeit products, primarily in domestic markets, manufactured by other companies and passed off as its products, could adversely affect the goodwill and results of operations.

  • Dependence on Outsourced Vendors

The company may not be able to obtain sufficient quantities or desired quality of finished products from outsourced vendors in a timely manner or at acceptable prices, which could adversely affect its retail business, financial condition and results of operation.

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Anchor Investor Bidding Date

The anchor investor bidding date will take place on June 27, 2025.

IPO Registrar and Book Running Lead Manager

  • IPO Registrar: Maashitla Securities Pvt Ltd
  • Book Running Lead Manager: Finshore Management Services Ltd

Engaged in women’s footwear products, the collection of Marc Loire includes heels, ethnic flats, loafers, cork sandals, sneakers, athleisure and activewear footwear, etc. By continually innovating and expanding its product offerings, it aims to become the preferred choice for women’s footwear in domestic markets.

The total income of Marc Loire Fashions Ltd grew from ₹26.0231 crores in FY 22 to ₹40.4007 crores in FY 24. Its PAT margin grew from 0.75% in FY 22 to 10.09% in FY 24, while EBITDA margin grew from 1.13% in FY 22 to 13.27% in FY 24. Strong online presence, supply chain and innovative designs and rigorous quality control have enabled it to deliver top-tier comfortable and trendy footwear to customers at competitive prices. These have also contributed to the company’s growth over the years.

Established in 2014, Marc Loire Fashions Ltd provides a versatile range of products accessible on both online and offline platforms, ensuring that it meets diverse customer needs. For those who prefer an in-person experience, its shop-in-shop (SiS) offers to view the products first-hand, and make informed decisions on-site. By continually innovating and expanding its product offerings, it aims to become the preferred choice for women’s footwear in domestic markets.

1. Visit the Registrar’s Website

  • Go to the official website of Maashitla Securities Pvt Ltd
  • Choose ‘Public’ Issues from ‘Allotment Status’
  • Select Company Name and enter either your PAN No, Application No or Demat Account No
  • Click on ‘Submit’ to know the status

2. Check on the Bombay Stock Exchange Website

The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to www.bseindia.com and find the 'Investor Services' tab. Under 'Investors Services', click on 'Status of Issue Application'. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:

  • Choose the Issue Type
  • Select the Issue Name from dropdown
  • Put in either your application number or PAN number
  • Check the box ‘I’m not a robot’
  • Click on ‘Search’ to know allotment status
  • Log in to your Kotak Securities Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
  • Specify IPO details - Enter the number of lots and the price you wish to apply for.
  • Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
  • Mandate Notification - Your UPI app will receive a mandate notification to block funds.
  • Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.
Apply for Marc Loire Fashions IPO