Gaurik Fashions Ltd.
NSE & BSETBA
TBA
1 Shares
TBA
₹10
Financial Summary
| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 2,204.03 | 1,720.05 | |
| 56.77 | 33.02 | |
| 2,260.8 | 1,753.07 | |
| 1,629.1 | 1,272.62 | |
| 172.8 | 48.91 | |
| 122.63 | 34.86 |
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 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
Book Running Lead Managers
Promoter Shareholding
Pre-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.
Gaurik Fashions Ltd. Latest News
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IPO FAQs
The for the Gaurik Fashions Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.
MAS Services Ltd is the for the Gaurik Fashions Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 011-26104142/4326/4292 and email info@masserv.com.
Gaurik Fashions Ltd. IPO shares are proposed to be listed on BSE and NSE.
Each Gaurik Fashions Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
70,00,000 shares of Gaurik Fashions Ltd. are being offered to the public in this issue.
- 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 stores
- 2.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 Bugatti
- 4.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
- 6.General corporate purposes
Unistone Capital Pvt Ltd. is the book running lead manager for the Gaurik Fashions Ltd. IPO.
Pre-apply means placing your Gaurik Fashions Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Gaurik Fashions Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Gaurik Fashions Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.