VERIFIEDMint Markets·11 May 2026neutral

Upcoming IPO: Gaurik Fashion files DRHP with SEBI to raise funds through public issue

AI Summary

·Gaurik Fashion filed its Draft Red Herring Prospectus with SEBI on May 10, 2026.
·The company plans to raise funds through an IPO of up to 70,00,000 equity shares.
·Funds will be utilized for opening new stores, repaying debt, and general corporate needs.