Marc Loire Fashions Limited, one of the emerging names in India’s women’s footwear market, has announced a Rs. 21 crore (US $ 2.45 million) Initial Public Offering (IPO) as it aims to boost growth across both physical and digital retailing channels. The IPO will be opening for subscription on 30th June, 2025, and close on 2nd July, 2025. After issue, the shares of the company will be listed on the BSE SME platform.
Proceeds from the issue will be utilised to establish 15 new Exclusive Brand Outlets (EBOs), upgrade retail infrastructure, improve working capital, and fund general corporate expenses—a larger plan to create a strong omnichannel presence.
Established in 2014, Marc Loire has become a fashion-forward footwear brand with a versatile product portfolio of more than 800 SKUs across categories including heels and sneakers, boots and ethnic footwear. The business converted to a public limited company in 2024, a move that confirms its desire to expand operations and tap into wider capital markets.
Marc Loire has seen steady revenue and profit growth for the last three years. Revenue increased from Rs. 37.44 crore (US $ 4.37 million) in FY ’23 to Rs. 42.46 crore (US $ 4.96 million) in FY ’25. Profitability also increased, with PAT margins rising from 1.75% to 11.08% during the same period. The company has a Return on Net Worth (RONW) of 43.75%, and EBITDA margins have displayed a healthy rise. Its net worth is expected to increase from Rs. 10.75 crore (US $ 1.25 million) to Rs. 31.75 crore (US $ 3.71 million) after the IPO.
Marc Loire has a hybrid retail structure, blending Direct-to-Consumer (D2C) online sales with Business-to-Business (B2B) collaborations and Shop-in-Shop (SiS) arrangements. The company has a network of more than 40 vendors to provide consistent supply chain performance and quality checks, providing it with the ability to scale effectively.
Arvind Kamboj serves as Managing Director and Chairman, alongside Shaina Malhotra as Whole-Time Director and Atul Malhotra as Non-Executive Director.
