Gaurik Fashions Ltd.
Price Range
TBA
Issue Size
TBA
Lot Size
1 Shares
Min. Investment
TBA
Financial Summary
(in crores)| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Operating Revenue | 2,204.03 | 1,720.05 |
| Other Income | 56.77 | 33.02 |
| Total Income | 2,260.8 | 1,753.07 |
| Total Expenses | 1,629.1 | 1,272.62 |
| Profit Before Tax | 172.8 | 48.91 |
| Total Profit | 122.63 | 34.86 |
Subscription Details
Use of Proceeds
| # | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Setting up of new 6 stores for Skechers by the company | 294.85 |
| 2 | Investment in our wholly owned subsidiary, Gaurik Lifestyle Private Limited | 59.83 |
| 3 | Investment in our subsidiary, Nuvora Retail Private Limited, for setting up new 5 stores | 83.4 |
| 4 | Repayment or prepayment, in full or in part, of certain borrowings availed by our Company | 423.4 |
| 5 | Investment in our Subsidiaries namely Gaurik Lifestyle Private Limited | 217.38 |
Promoters
Promoter Shareholding
Pre-IPO
N/A
Promoter stake
Post-IPO
N/A
Promoter stake
Offered to Public
70,00,000
shares
About the Company
We are engaged into the retail and distribution business of fashion and lifestyle brands in India, with a network offifty-nine (59) stores across fourteen (14) states and union territories as of March 31, 2026. We are associatedwith globally recognized brands spanning the mass and mid-market to luxury segments across the categories offootwear, apparel, and accessories. Through our curated brand portfolio, we offer a comprehensive range ofproducts across these categories of various brands such as Skechers, Guess?, and Bugatti (Bugatti, T.T. Bagatt andBagatt are collectively referred as “Bugatti”), and Sweaty Betty, addressing varied consumer preferences acrossfashion and lifestyle needs. Our integrated business model, spanning both retail and distribution operations,enables us to build brand partnerships, with a focus on globally recognized and aspirational brands that resonatewith urban, brand-conscious consumers seeking quality, comfort and contemporary design.
Use of Proceeds
1. Setting up of new stores for Skechers by the companya. Funding capital expenditure towards setting up of new stores;b. Funding Initial Inventory for new stores2. Investment in our wholly owned subsidiary namely Gaurik Lifestyle Private Limited, by way of debt, for setting up new stores for Guess?3. Investment in our subsidiary namely Nuvora Retail Private Limited, by way of debt, for setting up new stores and funding initial inventory for Bugatti4. Repayment or prepayment, in full or in part, of certain borrowings availed by our Company.5. Investment in our Subsidiaries namely Gaurik Lifestyle Private Limited and Nuvora Retail Private Limited,for repayment/ pre-payment, in full or in part, of all or a portion of certain of their outstanding borrowings; and6. General corporate purposes.