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FabIndia IPO

FabIndia IPO

COMPANY INFORMATION

Fabindia planned an IPO to raise around ₹4,000 crore, including a fresh issue of ₹500 crore and an offer for sale of existing shares. The company aimed to use the funds for debt repayment, business expansion, and general corporate purposes. The IPO was also intended to strengthen its financial position and fuel future growth. However, due to unfavorable market conditions, Fabindia decided to withdraw its IPO in early 2023. The company may reconsider going public when the market environment improves.

Fabindia is one of India’s most iconic retail brands, specializing in handcrafted garments, home furnishings, personal care products, organic foods, and lifestyle accessories. Founded in 1960 by John Bissell, an American working in India, the company initially focused on exporting Indian handwoven textiles to international markets. Over the decades, Fabindia evolved into a domestic retail giant that connects rural artisans with urban consumers, blending traditional craftsmanship with modern designs. Today, Fabindia is celebrated for its commitment to sustainability, fair trade, and the preservation of India’s artisanal heritage.

Heritage & Craftsmanship

Fabindia’s foundation is built on India’s diverse artisanal traditions, ensuring that traditional textile and craft techniques continue to thrive. The company collaborates with over 50,000 rural artisans, weavers, and craftsmen, empowering them with sustainable livelihoods. These artisans specialize in:

  • Handloom Weaving – Producing fine cotton, silk, and wool textiles
  • Block Printing – Using carved wooden blocks to create intricate patterns
  • Embroidery & Handcrafting – Traditional styles such as chikankari, kantha, and mirror work
  • Natural Dyeing – Promoting eco-friendly and chemical-free coloring methods

By integrating these techniques into its products, Fabindia ensures that age-old skills are preserved while adapting them to contemporary consumer preferences.

Diverse Product Offerings

Fabindia offers an extensive range of handcrafted and sustainable products across various categories:

  1. Apparel – Ethnic and fusion wear crafted from natural fabrics, featuring handwoven textiles and artisanal designs
  2. Home Furnishings – Handcrafted bed linens, cushion covers, curtains, and rugs made using traditional techniques
  3. Personal Care – A range of organic and herbal skincare, haircare, and wellness products under FabEssentials
  4. Food & Beverages – Organic food products including grains, spices, teas, and healthy snacks under Fabindia Organic
  5. Furniture & Décor – Handmade wooden furniture, pottery, and lifestyle accessories that reflect India’s rich craftsmanship

Sustainability & Ethical Business Practices

Fabindia is committed to ethical sourcing, sustainable production, and eco-friendly business practices. The company promotes:

  • Use of Natural & Sustainable Materials – Organic cotton, handwoven fabrics, and natural dyes
  • Fair Trade Practices – Ensuring artisans receive fair wages and work in ethical conditions
  • Environmental Responsibility – Reducing carbon footprints through biodegradable packaging and sustainable production methods
  • Community Development Initiatives – Supporting artisan communities with education, healthcare, and skill-building programs

Retail Expansion & Global Presence

Fabindia has over 300 stores across India, making it one of the largest retailers in the country. The company has also expanded internationally, with stores in key global markets such as the United States, United Kingdom, Italy, Singapore, and the Middle East. Fabindia has successfully embraced e-commerce, allowing customers worldwide to access its handcrafted products through its official website and other online marketplaces.

Social Impact & Artisan Welfare

Beyond being a retail brand, Fabindia plays a crucial role in empowering rural communities. By offering artisans a direct link to urban markets, the company provides financial stability while preserving traditional craftsmanship. Fabindia works closely with cooperatives, self-help groups, and rural clusters, ensuring that craft-based rural economies continue to thrive. Its commitment to social responsibility extends beyond employment—Fabindia actively supports healthcare, education, and women’s empowerment initiatives in artisan communities.

Awards & Recognition

Fabindia has received numerous awards for its contribution to ethical retail, sustainable business, and the preservation of India’s heritage crafts. The brand is widely recognized for setting industry benchmarks in handcrafted fashion, responsible business practices, and fair trade retailing.

Fabindia is a legacy brand focusing on handcrafted, indigenous products. For more details, refer to the SEBI filing.

IPO Overview and Key Highlights

Fabindia, a New Delhi-based lifestyle and fashion retailer, is launching its Initial Public Offering (IPO). The IPO consists of a fresh issue aggregating up to ₹5,000 million and an Offer for Sale (OFS) of up to 25,050,543 equity shares by promoters and investors. The proceeds from the fresh issue will be used for business expansion, debt repayment, and general corporate purposes. The shares will be listed on the NSE and BSE​.

 Key IPO Details

  • Type of Issue • 100% Book Built Issue
  • Total Issue Size • Fresh Issue up to ₹5,000 million + OFS of 25,050,543 equity shares
  • Face Value • ₹1 per share
  • Issue Price • To be determined
  • Offer Opens • To be announced
  • Offer Closes • To be announced
  • Listing Exchange • NSE & BSE

 Company Overview

Fabindia was originally incorporated as Fabindia Overseas Private Limited in 1976 and later converted into a public company in 2021. The company is known for ethnic fashion, handcrafted textiles, and organic food products, with a strong presence in both domestic and international markets.

  • Promoters • Bimla Nanda Bissell, William Nanda Bissell, Monsoon Latane Bissell, Madhukar Khera, and JLB Partners Holding Inc.
  • Headquarters • New Delhi, India
  • Corporate Identification Number (CIN) • U74899DL1976PLC008436​

 Financial Overview

Fabindia has shown strong brand recognition and steady revenue growth, benefiting from India’s rising demand for sustainable and handcrafted products. The IPO proceeds will be used to reduce debt, expand retail operations, and enhance digital capabilities.

 Key Strengths of Fabindia

  • Established Brand • Over four decades of experience in handcrafted and sustainable fashion.
  • Omnichannel Presence • A mix of physical stores and strong digital sales.
  • No Fresh Competition • Niche positioning in the premium lifestyle and organic product market.
  • Experienced Leadership • Managed by industry veterans with expertise in retail and branding.

 IPO Pros and Cons

 Pros

Strong Market Position • Leading brand in handcrafted fashion and organic products.
Debt Reduction Plan • IPO funds will be used for debt repayment, improving financial stability.
Retail Expansion • Plans to open new stores and strengthen e-commerce presence.

 Cons

Consumer Spending Dependency • Revenue depends on discretionary spending patterns.
Market Competition • Faces competition from premium and fast fashion brands.
High Operating Costs • Managing store leases and supply chain expenses​.

 Risk Factors

Potential investors should consider the following risks before investing:

  • Economic Sensitivity • Demand for premium fashion is tied to consumer spending trends.
  • Regulatory and Compliance Risks • Adherence to environmental, labor, and e-commerce laws.
  • Inventory and Supply Chain Challenges • Managing a wide range of handcrafted products.

FAQs About IPO Dashboard

FabIndia IPO will open on and close on . Investors must apply within this period to participate.

The FabIndia IPO price band is set between ₹0.00 and ₹0.00 per share. The minimum lot size is 0, requiring an investment of at least ₹0.00.

The FabIndia IPO shares are expected to be listed on , subject to regulatory approvals and final allotment.

You can track your FabIndia IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID

The FabIndia IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.