By upnifty 
About FabIndia IPO
Back in 1960, FabIndia’s journey started as an Indian branch of an overseas company Fabindia Inc. Initially, the company exported home furnishings products to markets such as the US, Europe and the Middle East. But it gradually forayed into the ethnic apparel space and over the years, it became an iconic brand.
Popular for working with rural artisans like weavers, craftsmen and farmers (through contract manufacturers), FabIndia has a pan-India presence. It has 309 Fabindia stores and experience centres in the country.
Along with expanding geographically, FabIndia has also diversified its product portfolio. From apparel and accessories, and home and lifestyle, to personal care and organic food – the company has created a large product portfolio.
In 2013, it also added Organic India, a retailer of organic products, to its cart. This subsidiary of the company has 74 stores. It also sells Organic India products through retail touchpoints including general trade stores, modern trade stores and chemists.
After establishing its deep roots in India, the company now plans to launch the FabIndia Ltd IPO. The FabIndia IPO will be a combination of an offer for sale as well as a fresh issue. The money raised from the fresh issue will be used to reduce debt.
Here are the key details about the FabIndia IPO:
| Company Name | FabIndia Limited | Company Type | Private | |
| Founder’s Name | John Bissel | Company Established On | 1960 | |
| FabIndia IPO Opening Date | TBA | FabIndia IPO Closing Date | TBA | |
| FabIndia IPO Allotment Status | TBA | Credit of Shares to the Demat Account | TBA | |
| FabIndia IPO Listing Date | TBA | FabIndia IPO Face Value | TBA | |
| FabIndia IPO Lot Size | TBA | FabIndia IPO Issue Size | TBA | |
| FabIndia IPO to be Listed on | BSE, NSE | FabIndia IPO Price band | TBA |
Financial snapshot
| Particulars | FY 19 | FY 20 | FY 21 |
|---|---|---|---|
| Revenue | ₹ 1,474.3 crore | ₹ 1,508 crore | ₹ 1,059.6 crore |
| Net Profit/Loss | ₹ 84.3 crore | ₹ 30.6 crore | ₹ -117.1 crore |