Fabindia plans to raise up to $1 billion from IPO

Ethnic wear and lifestyle retailer Fabindia is hoping to raise up to $1 billion from its proposed initial public offering (IPO). The New Delhi-headquartered company is likely in talks with several investment banks, including SBI Capital Markets, ICICI Securities and JP Morgan, to manage its IPO, said three people familiar with the development.​



September 10, 2021 at 06:55AM