Can PremjiInvest-backed FabIndia command a hefty valuation in IPO?
FabIndia sells apparel, furniture, personal care products and organic food. Photo credit: FabIndia/Facebook
FabIndia Ltd has filed a draft proposal to float an initial public offering, as the consumer lifestyle company looks to repay some debt and provide an exit to private equity investors. Delhi-based FabIndia’s proposed offer comprises Rs 500 crore in fresh shares and a sale of 25.05 million shares by […]
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