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Gaurik Fashions Ltd

Gaurik Fashions Ltd

    Registered Office : 1st Flr Rear Portion Bloak A,CIDC Gulmohar Park Hauz Khas,New Delhi Delhi 110016 Phone : 011-4011 3227
    Fax :

    Email : cs@gaurikgroup.com

    Website : www.gaurikgroup.com

Initial public offer of up to 70,00,000 equity shares of face value of Rs. 10/- each ("equity shares") of Gaurik Fashions Limited ("company" or the "issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) ("offer price") aggregating up to Rs. [*] crores comprising a fresh issue of up to 62,00,000 equity shares of face value of Rs. 10/- each aggregating up to [*] crores by the company ("fresh issue") and an offer for sale of up to 8,00,000 equity shares of face value of Rs. 10/- each aggregating up to Rs. [*] crores ("offered shares") by aries opportunities fund limited (the "investor selling shareholder"), and such equity shares offered by the investor selling shareholder ("offer for sale", and together with the fresh issue, the "offer"). The offer will constitute [*]% of the post-offer paid-up equity share capital. The company, in consultation with the brlms, may consider a pre-ipo placement, as may be permitted under applicable law, to any person(s), aggregating up to Rs. [*] crores, at its discretion, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended. The pre-ipo placement, if undertaken, shall not exceed 20.00% of the size ofthe fresh issue. prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). The face value of the equity shares is Rs. 10/- each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

01-Jan-1970

Money Payable On

Application

Allotment

0.00

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

0.00

0.00

0.00

Credora Partners Private Limited

Unistone Capital Private Limited

Projects
  • Setting up of new 6 stores for Skechers by the company
  • Investment in our wholly owned subsidiary, Gaurik Lifestyle Private Limited, for setting up new 7 stores for Guess
  • Investment in our subsidiary, Nuvora Retail Private Limited, for setting up new 5 stores and funding initial inventory for Bugatti
  • Repayment or prepayment, in full or in part, of certain borrowings availed by its Company
  • Investment in our 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
  • General corporate purposes(
Promoted By
  • Vishnu Pillai
  • Rajesh Dudi
  • Swati Sinha
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • Mas Services Limited