FabIndia IPO

Indian apparel retailer Fabindia said on Monday it has withdrawn its plan for a $482 million initial public offering amid rough market conditions, becoming the latest company to scrap listing plans as interest rate worries pressure stock…

Fabindia withdraws its ₹40 billion ($482.4 million) initial public offering amid rough market conditions. | Photo Credit: The Hindu Apparel retailer Fabindia on Monday said it has withdrawn its ₹40 billion ($482.4 million) initial public…

New Delhi: Lifestyle retail brand FabIndia plans to raise up to Rs 4,000 crore through an initial public offer and in a novel approach, the company's promoters also plan to gift more than 7 lakh shares to artisans and farmers. On Saturday,…