Marc Loire Fashions Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Marc Loire Fashions Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹100
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,20,000
Issue Size
₹21 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50%
QIB Quota
0%
NII Quota
50%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Marc Loire Fashions Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.99%
Promoter Holding (Post-Issue)
70.42%
Issue Type
Fixed Price - SME
ISIN
INE0TBQ01014
About the Company
The Company 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 us to cater to every need, from everyday wear to special occasions, providing its customers with wide range of options to express their style. Through a Direct-to-Consumer (D2C) model and Business-to-Business (B2B) transactions, we sell our products through various online and offline channels.
Industry Overview
Currently valued at Rs. 55,000 crore, India's footwear market has been steadily growing at 15% per annum in revenue terms over the past few years. Accounting for 9% of the annual global production of 22 billion pairs, India is the top footwear manufacturer in the world after China. According to market research and advisory firm Mordor Intelligence, this market is forecast to grow at 12.83% annually between 2021 to 2028. The footwear industry in India, being a labour-intensive sector that employs more than 4 million people in India, is a driving force for the growth in the Indian manufacturing sector.
Company History
Marc Loire Fashions Limited was originally incorporated as Private Limited Company in the name of "Marc Loire Fashions Private Limited" on March 11, 2014 under the provision of the Companies Act, 1956 bearing Corporate Identification Number U18202DL2014PTC266184 issued by Registrar of Companies, National Capital of Territory of Delhi and Haryana. Subsequently, the company was converted into Public Limited Company under the Companies Act, 2013 and the name of the Company was changed to "Marc Loire Fashions Limited" vide a fresh Certificate of Incorporation dated July 18, 2024 bearing Corporate Identification Number U18202DL2014PLC266184 issued by Central Processing Centre.
Products & Services
- The Company 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.
Growth Strategy
- Focus on Quality.
- Expand its Footprint.
- Strengthen its Brand Identity.
- Innovate its Footwear Products.
- Market Penetration.
- Focusing on Strategic Working Capital Management.
- Widen its Product Portfolio.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of 21,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Marc Loire Fashions Limited (the "Company" or the "Issuer") for cash at a price of Rs. 100/- per equity share, including a share premium of Rs. 90/- per equity share (the "Issue Price"), aggregating to Rs. 21.00 crores ("the Issue"), of which 1,05,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 100/- per equity share, aggregating to Rs. 1.06 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker Reservation Portion i.e. issue of 19,94,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 100/- per equity share, aggregating to Rs. 19.94 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 29.58% and 28.09% respectively of the post issue paid up equity share capital of the company.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Established and proven track record.
- Leveraging the experience of its Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with its customers.
- Quality Assurance & Control.
- The Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
- If the company is unable to successfully implement its proposed expansion plans; the company results of operations and financial condition could be adversely affected.
- The Company is yet to place orders for Interior Work and Civil Interior, Electrical Fittings, Electrical Works, CCTV Systems, Music Systems, Laptop, Printer, UPS etc. Any delay in placing orders or procurement of such items may delay the schedule of implementation and possibly increase the cost of commencing operations.
- The Company is yet to execute lease/rent agreements for its proposed 15 Exclusive Brand Outlets (EBOs)
- The availability of look-alikes, counterfeit products, primarily in its domestic markets, manufactured by other companies and passed off as the company products, could adversely affect its goodwill and results of operations.