Mumbai, July 7 -- The scrip was listed at Rs 80, a discount of 20% compared with the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing price.
The counter hit a high of Rs 80 and a low of Rs 76. About 84,000 shares of the company changed hands at the counter.
Marc Loire Fashions' IPO was subscribed 2.52 times. The issue opened for bidding on 30 June 2025 and it closed on 2 July 2025. The price of the IPO was set at Rs 100 per share.
The IPO comprised fresh issue of 21,00,000 equity shares. The promoter shareholding in the company diluted to 70.42% post- IPO from 99.99% pre-IPO.
The company intends to utilize the net proceeds for capital expenditure for expansion of the company's ...
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