Marc Loire Fashions Ltd IPO
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Marc Loire Fashions Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 21 L | TBA | ₹ 9.97 L | ₹ 50 L | BSE | ₹ 21 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 30 Jun, 25 | 02 Jul, 25 | 1200 | ₹ 1,20,000 | Fixed Price - SME | 07 Jul, 25 |
Marc Loire Fashions Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Trading |
| Sub Sector | NA |
| Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 4800 |
| NII | 1.7x | 997200 | 1694400 |
| Retail | 3.61x | 997200 | 3603600 |
| Employee | 0x | 0 | 0 |
| Total | 2.53x | 2100000 | 5302800 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Marc Loire Fashions Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 6.37 | 5.53 | 0.89 |
| EBITDA | 6.39 | 5.56 | 0.90 |
| PAT | 4.71 | 4.08 | 0.65 |
| Total Assets | 21.02 | 15.78 | 11.65 |
| Share Capital | 5.00 | 1.00 | 1.00 |
| Total Borrowings | 0.80 | 2.63 | 1.03 |
| Operating Activities (Net Cash) | 4.73 | 4.11 | 0.66 |
| Investing Activities (Net Cash) | 1.16 | 1.16 | 1.25 |
| Financing Activities (Net Cash) | 0.80 | 2.63 | 1.03 |
| Net Cashflow | 1.18 | 1.97 | 1.96 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Marc Loire Fashions Ltd
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.
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.
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.
Peer Comparison:
- Liberty Shoes Limited
- Lehar Footwears Limited
- Sreeleathers Limited
- Marc Loire Fashions Limited^
Marc Loire Fashions Ltd IPO Key Points
Strengths
- 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.
Risk
- 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.
Strategy
- Focus on Quality.
- Expand its Footprint.
- Strengthen its Brand Identity.
- Innovate its Footwear Products.
- Market Penetration.
- 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.
How To Apply for Marc Loire Fashions Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
