By BrandsShouts Yes, Red Tape actually is an Indian brand. Though not a lot of people know the fact that it has been in the footwear scene of India since 1996, so yes, it is not a new brand at all. By the way, now they’re into the apparel and accessories scene as well.
Red Tape Brand Information
| Brand Name | Red Tape |
| Establishment Year | 1996 |
| Founder(s) | Rashid Ahmed Mirza, Irshad Mirza |
| Headquarters | Noida, Uttar Pradesh, India |
| Industry | Footwear, Apparel, Accessories |
| Product Categories | Formal footwear, Casual footwear, Athletic footwear, Apparel (shirts, trousers), Accessories (belts, wallets, socks) |
| Popular Products | Men’s formal leather shoes, Casual sneakers, Shirts, Belts, Wallets |
| Market Presence | Global brand: strong in India and in 24+ countries |
| Parent Company | Mirza International Ltd. |
Current Market Position
Red Tape is one of India’s premier brands for lifestyle merchandise. There are more than 120 branded stores in over 30 township units, all across India. That is some really big shopping! While stated to be the biggest local brand in India, it is abroad in over two dozen countries. There are over 1,200 storefronts and more than 300 retail stores carrying the label across the UK; while in the US, it is stocked in over 500 retail stores. A truly international footprint, but without a doubt, the soul of Red Tape lies in India.
Product Range
So, what do they have to offer at Red Tape? There are products for men and women. Their specialty is leather shoes-classical or otherwise, for work or just hanging out aka casual styles. There are also sneakers that have a reputation comfort-wise and look-wise. Entering the clothing business in 2006, Red Tape started selling shirts, pants, and all that stuff that could make you look stylish. Accessories like belts, wallets, and socks also find their way into the store. If you want classy footwear for a slick meeting, some sneakers for a trip to the beach, or a fine shirt for a party, Red Tape has it all in one name.
Future Outlook
In 2025, Red Tape as a good surprise declared its first and lone bonus share issue at a ratio of three shares for every one held by an investor, paying out to investors in February. That shows a band of confident promoters at Red Tape, who want to share the good vibes with their investors. At or around the same time, the Budget came with some interesting incentives for the footwear sector, so that the finance minister’s mention of supporting shoe companies caused a rise in Mirza International’s (Parent company of Red Tape) share price, the stock which is listed on the Bombay Stock Exchange.