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Open
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Close
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Allotment
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Listing
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Issue Size
70,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 366.45 | 332.40 | 266.36 | 87.08 |
| Total Income | 204.28 | 226.08 | 175.31 | 58.41 |
| Profit After Tax | 17.33 | 12.26 | 3.49 | 0.35 |
| EBITDA | 52.95 | 57.07 | 44.40 | 12.33 |
| NET Worth | 77.62 | 45.46 | 13.85 | 4.74 |
| Reserves and Surplus | 75.75 | 43.78 | 12.59 | 3.48 |
| Total Borrowing | 71.19 | 53.54 | 65.34 | 29.87 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Riyaasat Lifestyle Ltd. | SME | ₹30.20 Cr | ₹106 | 17.2 | ₹80.60 | -23.96% | ₹55.10 (-6.13%) |
| Rajnandini Fashion India Ltd. | SME | ₹18.21 Cr | ₹63 | 9.31 | ₹60.57 | -3.86% | ₹34.12 (+0.00%) |
| Kiaasa Retail Ltd. | SME | ₹69.74 Cr | ₹127 | 19.31 | ₹116.85 | -7.99% | ₹34.50 (-2.82%) |
| Fractal Industries Ltd. | SME | ₹49.00 Cr | ₹216 | 15.99 | ₹217.55 | +0.72% | ₹213.85 (+2.37%) |
| Vashishtha Luxury Fashion Ltd. | SME | ₹8.87 Cr | ₹111 | 12.14 | ₹121.75 | +9.68% | ₹56.16 (+4.97%) |
| Kaytex Fabrics Ltd. | SME | ₹69.81 Cr | ₹180 | 12.25 | ₹150.60 | -16.33% | ₹59.00 (+0.43%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of new 6 stores for Skechers by the company-a. Funding capital expenditure towards establishment of new stores-b. Funding initial inventory for new stores | 29.49 |
| 2 | Investment in the wholly owned subsidiary, Gaurik Lifestyle Private Limited, for setting up new 7 stores for Guess? | 5.98 |
| 3 | Investment in the subsidiary, Nuvora Retail Private Limited, for setting up new 5 stores and funding initial inventory for Bugatti | 8.34 |
| 4 | Repayment or prepayment, in full or in part, of certain borrowings availed by the Company | 42.34 |
| 5 | Investment in the Subsidiaries namely Gaurik Lifestyle Private Limited and Nuvora Retail Private Limited, for repayment/ prepayment, in full or in part, of all or a portion of certain of their outstanding borrowings | 21.74 |
| 6 | General corporate purposes | |
| Total | 107.89 |
About Gaurik Fashions IPO
Incorporated in 2017, Gaurik Group is engaged in the retail and distribution business of fashion and lifestyle brands in India. The company operates franchise retail stores and distribution businesses for globally recognized brands across footwear, apparel, accessories, eyewear, and activewear categories. The company operates through two business verticals — Retail and Retail & Distribution. It manages Exclusive Brand Outlets (EBOs) and Factory Outlets (FOs) under FOFO and COCO models for brands such as Skechers, Guess?, Bugatti, Sweaty Betty, Ray-Ban, and Shrey. Its subsidiary, Nuvora Retail Private Limited, holds exclusive distribution rights in India for Bugatti, T.T. Bagatt, and Bagatt, while the company also holds exclusive rights for Sweaty Betty in India. As of March 31, 2026, the company operated 59 stores across 14 states and union territories in India, including premium retail locations such as DLF Mall of India, Select Citywalk, DLF CyberHub, and Inorbit Mall. The company primarily follows an asset-light franchise-led business model supported by warehousing, merchandising, inventory management, and third-party logistics operations. The company also undertakes manufacturi
Contact Details
Gaurik Fashions Ltd. Address1st Floor, Rear portionBlock A, Centre for Indian Classical dance (CICD)Gulmohar Park Hauz KhasNew Delhi, New Delhi, 110016011-40113227cs@gaurikgroup.comVisit Website