Marc Loire Fashions
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Issue details
- IPO date
- 30 Jun 2025 – 02 Jul 2025
- Listing date
- 07 Jul 2025
- Face value
- ₹1 per share
- Issue price
- ₹100 per share
- Lot size
- 1,200 shares
- Issue type
- Fixed Price issue
- Listing at
- BSE
- Total issue size
- ₹21 Cr
- Market cap at offer price
- ₹71 Cr
- Promoter holding
- 99.99% → 70.42% pre-issue → post-issue
- ISIN
- INE0TBQ01014
- Registrar
- Maashitla Securities Pvt.Ltd.
- Lead managers
- Finshore Management Services Ltd.
- Registered office
- Plot No.426/1, First Floor, Rani Khera Road, Village Mundaka, New Delhi
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Market maker | 1,05,600 | — | — |
Application size
Minimum 1,200 shares per lot, in multiples, at ₹100
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,200 | ₹1,20,000 |
| S-HNI (min) | 2 | 2,400 | ₹2,40,000 |
| S-HNI (max) | 8 | 9,600 | ₹9,60,000 |
| B-HNI (min) | 9 | 10,800 | ₹10,80,000 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Valuation and performance
Valuation at offer price
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 9.41 | 6.63 |
| P/E (×) | 10.63 | 15.08 |
| Price to book (×) | 4.65 | — |
| Market cap | — | ₹71 Cr |
Key performance indicators
- Return on net worth
- 43.75%
- ROCE
- 60.56%
- PAT margin
- 11.08%
- EBITDA margin
- 14.91%
- NAV per share
- ₹21.51
- Price to book
- 4.65
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
About Marc Loire Fashions
Marc Loire Fashions Limited, incorporated in 2014 and converted to public company in 2024, is engaged in women's footwear products with an impressive catalogue of over 800 unique styles ranging from party heels, ethnic flats, wedges, winter boots, mules, formal heels, loafers, cork sandals, arc-supported flats, athleisure and activewear footwear, sneakers and other styles blending comfort with fashion. The company operates through a dual business model encompassing both Direct-to-Consumer (D2C) and Business-to-Business (B2B) strategies, selling through online e-commerce platforms, its own website, Shop-in-Shop stores in major retail chains, and wholesale channels. The company manages operations through a network of more than 40 trusted vendors for raw materials and finished goods, including two promoter group entities. It generates majority revenue from e-commerce platforms (80.07% for four months ended July 31, 2024), with strong presence in Indian markets particularly northern and western regions.
Company Analysis
from DRHPMarc Loire Fashions Limited manufactures and sells women's footwear through online and offline channels, operating in India's specialty footwear sector.
Marc Loire Fashions Limited, incorporated in 2014 and converted to public company in 2024, is engaged in women's footwear products with an impressive catalogue of over 800 unique styles ranging from party heels, ethnic flats, wedges, winter boots, mules, formal heels, loafers, cork sandals, arc-supported flats, athleisure and activewear footwear, sneakers and other styles blending comfort with fashion. The company operates through a dual business model encompassing both Direct-to-Consumer (D2C) and Business-to-Business (B2B) strategies, selling through online e-commerce platforms, its own website, Shop-in-Shop stores in major retail chains, and wholesale channels. The company manages operations through a network of more than 40 trusted vendors for raw materials and finished goods, including two promoter group entities. It generates majority revenue from e-commerce platforms (80.07% for four months ended July 31, 2024), with strong presence in Indian markets particularly northern and western regions.
Objects of the Issue
- Funding Capital Expenditure for expansion of our Retail Network by launching 15 new Exclusive Brand Outlets (EBOs) ₹526.88 lakhs p.72
- Funding Capital Expenditure for purchase of Multi-Purpose Racks ₹40.08 lakhs p.72
- Working Capital Requirements ₹935.22 lakhs p.72
- General Corporate Expenses ₹373.32 lakhs p.72
Issue Structure
- Total Issue
- ₹2,100.00 lakhs
- Fresh Issue
- 21,00,000 Equity Shares of face value ₹10/- each at issue price of ₹100/- per share aggregating to ₹2,100.00 lakhs
- Offer for Sale
- Nil (No Offer for Sale)
- Price Band
- ₹100/- per equity share (Fixed Price Issue)
- Lot Size
- 1,200 Equity Shares (minimum lot size)
- Face Value
- ₹10/- per equity share
Business Model
The company earns revenue through Direct-to-Consumer (D2C) model via e-commerce platforms (Amazon, Myntra, Flipkart, Ajio, Nykaa, Limeroad), own website (www.marcloire.com), Shop-in-Shop arrangements with retail chains (Reliance Centro, Lulu Group International), and Business-to-Business wholesale distribution. The company procures finished footwear products from over 40 outsourced vendors and group entities, maintaining quality control through a 3-stage 100% quality inspection system. Revenue mix for July 31, 2024: E-commerce platforms 80.07%, Wholesale 15.86%, Shop-in-Shop 4.07%, Own website 0.00%.
Business Segments
SWOT Analysis
- • Strong established brand with consistent business operations(p.125)
- • Efficient supply chain with strong domestic vendor network(p.125)
- • Strong online presence across major e-commerce platforms(p.125)
- • Strong financial performance with robust profitability(p.126)
- • Experienced promoters with deep industry knowledge(p.126)
- • Integrated operational system optimizing supply chain processes(p.126)
- • Diverse product portfolio across multiple categories(p.115)
- • Pan-India geographic reach across all states and union territories(p.122)
- • Limited company-owned retail presence(p.130)
- • Heavy dependence on few top customers(p.131)
- • Heavy dependence on top suppliers(p.30)
- • Concentration of warehouse in single location(p.31)
- • Audit certification expiration(p.26)
- • Past delays in statutory filings with regulatory authorities(p.33)
- • High working capital requirements(p.37)
- • Expansion into men's footwear category(p.130)
- • Significant product portfolio expansion planned(p.130)
- • Launch of 15 exclusive brand outlets planned(p.130)
- • Growing Indian footwear market at double-digit growth rates(p.99)
- • Rising athleisure and active footwear demand(p.99)
- • E-commerce channel growth opportunity(p.100)
- • Government support for Make in India and footwear sector(p.101)
- • Intense online retail competition with deep discounting(p.29)
- • Competition from large established footwear companies(p.29)
- • Counterfeit products and brand imitation(p.27)
- • Disruption from natural disasters and localized issues(p.31)
- • Changes in government policy and regulations(p.45)
- • GST impact on business operations(p.45)
- • Economic slowdown and reduced consumer spending(p.44)
- • Dependence on third-party transportation with supply chain risks(p.29)
- • Seasonal fluctuations in sales(p.35)
Promoters
| Name | Role | Pre-Issue | Post-Issue |
|---|---|---|---|
| Mr. Arvind Kamboj | Promoter | 50.00% | 35.21% |
| Mrs. Shaina Malhotra | Promoter | 49.99% | 35.21% |
| Mr. Atul Malhotra | Promoter | 0.00% | 0.00% |
Leadership
Auto-extracted from the company's DRHP using AI, with each fact linked to its source passage (hover any row to see the quote & page). Provided for research only, not investment advice — verify against the official DRHP before relying on it.