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FabIndia IPO GMP, Price Band, Allotment ... 

Fab India IPO: Why Is It A Hype Even After Withdrawal 


Fab India was founded in 1960 by John Bissell. It is an Indian chain store, offering home decor, garments, furnishings, fabrics, and handmade products by craftspeople across rural India. The company's IPO journey has been closely watched by investors interested in India's growing retail sector.

The IPO That Was: A Timeline

Initial Filing (January 2022)

Fab India filed its Draft Red Herring Prospectus (DRHP) with SEBI in January 2022, planning to raise approximately ₹4,000 crore through a combination of a fresh equity issue worth ₹500 crore and an Offer for Sale (OFS) of 2,50,50,543 shares.

SEBI Approval (May 2022)


In May 2022, Fabindia received SEBI's approval to release its IPO, along with six other companies. However, there was no information related to the Fabindia IPO date. 

The Withdrawal (February 2023)


In February 2023, Fabindia IPO news came and they announced that they are withdrawing their ₹40 billion IPO due to volatile market conditions. The company stated that several global ESG-focused funds had expressed interest in investing and that it may proceed with the IPO in the future.

Fabindia IPO Details: Company Profile

Here are the details related to Fab India's business.


Particulars

Description

Founded In

1960

Founder

John Bissell (1960)

Managing Director 

William Nanda Bissell

Headquarters

New Delhi

Store Network

340+ stores in India

Competitors 

Aditya Birla Fashion, Trent, Tata Consumer, and Dabur India 



Business Model & Unique Positioning


Fab India sources its products from across India through 200 stores that are run by artisans and craftspeople. It connects over 55,000 artisans to modern urban markets.

Funding History


Before its planned IPO, Fab India raised capital through several rounds:


Funding Round

Year

Investor

Details

Private Equity

2007

Wolfensohn Capital Partners

Acquired 6% stake for approximately USD 11 million

Strategic Investment

2013

Premji Invest (Azim Premji)

Bought 7% stake for ₹125 crore

Private Equity

2012

L Capital (LVMH)

Purchased 8% stake from Wolfensohn Capital



Key Financials 


Particulars (₹ million)

September 30, 2021

2021

2020

2019

Equity Share Capital

147.78

147.36

144.66

23.90

Net Worth

6,018.26

6,482.06

7,354.11

7,433.12

Revenue from Operations

5,560.40

10,596.43

15,080.47

14,743.07

Profit/(Loss) for the year

-517.25

-1,171.37

306.91

843.64

Earnings/(Loss) Basic

-3.10

-7.45

2.88

5.77

Earnings/(Loss) Diluted

-3.10

-7.45

2.87

5.74

NAV (₹)

40.72

43.99

50.84

51.46

Total Borrowings

7,075.27

2,892.11

4,331.72

2,066.46


Strengths And Risks

Here are the major risks and strengths of Fab India:


Strengths 


  • Popular Brand Across India: Fabindia is one of India’s most loved ethnic and handcrafted lifestyle brands, with hundreds of stores that make it easy for customers to trust its products.

  • Expanding Smartly: The company is growing its reach through new franchise-style stores.

  • Strong Business Base: Fabindia’s main business runs in a better way with a good supply chain, better cost control, and profit margins.

  • Financial Backing: Even though the company has some loans, it still has a strong financial base and is planning to bring in private investors. 



Risks


  • High Dependence on Apparel: Around 70% of Fabindia’s total income comes from clothing, making it more exposed to intense competition in the fashion market.

  • Rising Borrowings: The company’s loans have grown because it borrowed funds to increase its stake in Organic India.

  • Subsidiary Challenges: Organic India, one of its group companies, has faced losses and asset write-downs.

  • Stock Management Pressure: Larger inventory levels have increased the need for more working capital.


Thinking About Investing In The Fab India Upcoming IPO?

Once Fab India gets listed in the grey market, you’ll be able to check Fabindia IPO GMP trends on trusted sources like Finnpick.

But always understand the company’s business, financials and IPO details before making your decision. Also, keep watching the live subscription status and Fabindia IPO date 2025 before you finally click APPLY

FAQs


1. When is the Fabindia IPO coming?

No, Fabindia isn’t listed yet. The company decided to pull back its IPO plan in February 2023 because of changing market conditions. Hence, it's hard to understand if the Fabindia IPO is good or bad. 


2. What is the Fabindia IPO launch date?

As of October 2025, there’s no official Fab India IPO date. The company will have to submit a fresh DRHP to SEBI before announcing any new timeline.


3. What was the earlier Fabindia IPO price?

Fabindia never revealed an official price band since the IPO was withdrawn before final pricing. Also, the Fabindia IPO expected date is unavailable as of 1 November 2025. 


4. Can investors know the Fabindia IPO share price?

Not yet. Fabindia is still a privately held company, which means Fabindia IPO prices aren’t available for public trading.


5. What is the current Fabindia IPO GMP?

There’s no grey market premium (GMP) for Fabindia right now since the IPO isn’t active. Once the company refiles its IPO plans, GMP updates will become available.

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