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Skechers retailer Gaurik Fashions files IPO papers with Sebi to raise for store expansion
Business
Published on 12 May 2026
Fresh issue plus OFS details hint who benefits most
Gaurik Fashions, a retailer operating stores for Skechers, Guess and Bugatti, has filed draft IPO papers with SEBI. The proposed raise includes a fresh issue of 62 lakh shares and an offer for sale of 8 lakh shares by Aries Opportunities Fund. The money will support retail expansion with new stores and inventory funding across subsidiaries.
- Gaurik Fashions filed draft IPO papers with SEBI
- Plans include 62 lakh fresh shares and 8 lakh OFS shares
- Funds target new store expansion and inventory support
- Aries Opportunities Fund is linked to the OFS component
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times