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Mainboard IPOupcomingBoth

Gaurik Fashions IPO

Gaurik Fashions IPO is a mainboard IPO scheduled to open for subscription on — and closed on —. The issue aggregates ₹125 Cr.

Price Band
TBA
GMP
Subscription
Listing

Overview

Gaurik Fashions IPO is a mainboard IPO scheduled to open for subscription on — and closed on —. The issue aggregates ₹125 Cr.

IPO Details

Gaurik Fashions IPO is a mainboard initial public offering scheduled to open for subscription on Both. The issue has a price band of TBA per equity share with a lot size of TBA shares, translating to a minimum retail investment of TBA.

The issue aggregates ₹125 Cr, and subscription dates are yet to be announced. Allotment is expected on and the equity shares are scheduled to list on .

Type
Mainboard
Status
upcoming
Price band
TBA
Face value
₹10 (typical)
Lot size
Min investment (Retail)
TBA
Issue size
₹125 Cr
Fresh issue
₹110 Cr
OFS
Exchange
Both
ISIN
TBA

Market Lot

Market lot details will be available once the price band and lot size are finalised in the Red Herring Prospectus.

IPO Reservation

Per SEBI guidelines, Gaurik Fashions IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIB (Qualified Institutional Buyers)Not more than 50%Mutual funds, FIIs, banks, insurance
NII / HNI (Non-Institutional)Not less than 15%Bids ≥ ₹2 lakh
Retail (RII)Not less than 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    · Subscription opens
  2. Issue Close
    · Subscription closes
  3. Allotment
    · Basis of allotment finalised
  4. Refunds Initiated
    · Funds released for non-allottees
  5. Listing Date
    · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Gaurik Fashions is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

Gaurik Fashions IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.

Allotment Status

Gaurik Fashions IPO allotment will be finalised by the registrar (MAS Services) on . Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

About Gaurik Fashions

Gaurik Fashions Limited is a retail + distribution operator for premium international fashion and lifestyle brands in India. The brand portfolio includes Skechers (footwear), Bugatti (footwear + accessories), Guess (apparel + accessories), and Sweaty Betty (activewear) — combining footwear + apparel + accessories + activewear across distinct lifestyle customer segments. As of March 2026, Gaurik operates 59 stores across 14 Indian states and Union Territories. The franchised + distribution model differs from own-brand fashion retailers — Gaurik captures Indian-market distribution + retail margin for international brand owners that lack direct India presence or prefer franchise-led market entry. Indian premium-fashion-and-lifestyle retail has been one of the structurally growing consumer-discretionary verticals through 2022-26. Demand drivers include rising disposable income enabling premium-international-brand adoption, the growing premium-mall + airport-retail infrastructure that supports international-brand showcase, social-commerce + Instagram-led brand-discovery driving aspirational purchases, and tier-2/3 city formalisation expanding addressable customer base beyond metro-cluster. DRHP filed with SEBI in May 2026. The mainboard NSE+BSE IPO comprises 62 lakh fresh equity shares (~₹110 crore) + 8 lakh OFS by investor selling shareholder Aries Opportunities Fund. Total ~₹125 crore. BRLM Credora Partners + Unistone Capital + registrar MAS Services indicate institutional book-build setup.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Gaurik Fashions prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

The Gaurik Fashions IPO proceeds will be utilised across multiple strategic objectives. Typical objects include capital expenditure for expansion, repayment of debt, general corporate purposes, working capital, and OFS by selling shareholders. Detailed breakdown with amounts will be updated here from the Red Herring Prospectus.

Financial Performance

Gaurik Fashions's three-year financials — revenue, PAT, assets, net worth — will be displayed here based on audited numbers from the Red Herring Prospectus. Year-on-year growth, EBITDA margins, debt-to-equity progression, and RoNW together form the basis for valuation comparison.

Valuation Snapshot

Key valuation metrics for Gaurik Fashions — RoE, RoCE, EBITDA margin, PAT margin, debt-to-equity, EPS, P/E ratio, RoNW, NAV — will be updated based on FY25 numbers from the Red Herring Prospectus.

Peer Comparison

Listed peers in the Consumer Discretionary sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
Metro Brands
Aditya Birla Fashion and Retail
Trent (Tata)

Anchor Investors

Anchor investor bidding for Gaurik Fashions typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

  • Credora Partners
  • Unistone Capital

IPO Registrar

The registrar processes all bid applications, finalises the basis of allotment, manages refunds, and credits allotted shares to successful applicants' demat accounts.

Editorial Review

Gaurik Fashions filed DRHP with SEBI in May 2026 for a mainboard NSE+BSE IPO of ~₹125 crore (62 lakh fresh shares ~₹110 cr + 8 lakh OFS by Aries Opportunities Fund). 88% fresh-issue structure means majority of proceeds reach operating business for retail-network expansion. The business positioning is premium international fashion + lifestyle brand retail + distribution — Skechers, Bugatti, Guess, Sweaty Betty. 59 stores across 14 states provides credible mid-cap retail-network density. The franchised + distribution model captures Indian-market retail margin for international brand owners lacking direct India presence. What's working: premium international brand portfolio creates brand-recognition moat vs unbranded competition; 59-store network across 14 states provides geographic diversification; 88% fresh-issue structure means meaningful capital reaches operating business; structural premium-fashion-retail tailwinds (rising disposable income + premium-mall infrastructure + tier-2/3 expansion); BRLM Credora + Unistone + registrar MAS Services indicate institutional book-build setup. What's concerning: substantial public-data gap on price band, dates, financials; brand-owner relationship dependency (Skechers + Bugatti + Guess + Sweaty Betty franchise/distribution agreements have renewal-cycle risk); premium-fashion-retail competitive intensity (Metro Brands, Aditya Birla Fashion, Trent at vastly larger scale); aspirational consumer-discretionary cyclicality (economic slowdown compresses premium-purchases first); 59-store network capex for further expansion vs ₹125 cr issue size. Subscribe pre-RHP. Premium-brand portfolio + 59-store network + 88% fresh-issue + structural premium-fashion-retail tailwinds + institutional BRLM setup create credible mainboard thesis. Wait for RHP with financials and brand-owner-agreement disclosure. Sizing moderate (5-10% of consumer-discretionary bucket) given brand-owner-relationship dependency.

How to Apply for Gaurik Fashions IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Gaurik Fashions IPO during the bidding window ().
  3. Enter bid details — minimum TBA shares per lot. Retail investors are recommended to bid at cut-off price (upper band).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on .
  7. Listing day — shares list on Both on .

Risk Factors

1. Substantial public-data gap on price band, dates, financials, customer-segment split. 2. Brand-owner relationship dependency — Skechers + Bugatti + Guess + Sweaty Betty franchise/distribution agreements have renewal-cycle risk. 3. Premium-fashion-retail competitive intensity (Metro Brands, Aditya Birla Fashion, Trent at vastly larger scale). 4. Aspirational consumer-discretionary cyclicality — economic slowdown compresses premium-purchases first. 5. 59-store network capex for further expansion vs ₹125 cr issue size may require follow-on capital.

Gaurik Fashions IPO — FAQs

What is Gaurik Fashions IPO?
Gaurik Fashions IPO is a mainboard initial public offering listing on Both. The issue opens on — and closes on — with a price band of TBA per share.
What is the Gaurik Fashions IPO price band?
The price band for Gaurik Fashions IPO is TBA per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Gaurik Fashions IPO lot size?
The minimum lot size for Gaurik Fashions IPO is TBA shares per application. Minimum retail investment at the upper price band works out to approximately TBA.
When is the Gaurik Fashions IPO opening date?
Gaurik Fashions IPO opens for subscription on — and closes on —.
When is the Gaurik Fashions IPO allotment date?
Basis of allotment is expected on —. Check your status on MAS Services's website using your PAN.
When is the Gaurik Fashions IPO listing date?
Gaurik Fashions shares are expected to list on Both on —.
What is the GMP of Gaurik Fashions IPO?
GMP for Gaurik Fashions is not currently tracked.
Who is the registrar of Gaurik Fashions IPO?
MAS Services is handling allotment, refunds, and dematerialisation for Gaurik Fashions IPO.
How can I apply for Gaurik Fashions IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately TBA (1 lot × TBA shares at upper band).
Should I apply for Gaurik Fashions IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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