FabIndia Ltd. IPO Details
Fabindia was originally incorporated as ‘Fabindia Overseas Private Limited’, on December 14, 1976. Fabindia is a consumer lifestyle platform with an established 62-year legacy focused on authentic, sustainable, and Indian traditional lifestyle products. The company offers a diverse portfolio of lifestyle products to the customers across Apparel and Accessories, Home and Lifestyle, Personal Care, and Organic Food categories
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 25.1 M | - | - | ₹5,000.0 M | DRHP DOC |
FabIndia issue details
FabIndia has 25.1 M shares on offer
FabIndia IPO issue size is ₹ 5,000.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 10% | 15% | 75% |
FabIndia IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
FabIndia NUMBER OF SHARES ON OFFER
FabIndia FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) | Margins |
| H1FY22 | -517.3 | 5,560.4 | -174.8 | -475.7 | 13.1% |
| FY21 | -1,171.4 | 10,596.4 | 1,251.5 | 1,019.6 | 10.6% |
| FY20 | 306.9 | 15,080.5 | 2,301.7 | 1,428.2 | 22.2% |
| FY19 | 843.6 | 14,743.1 | 1,953.1 | 971.8 | 27.9% |
FabIndia INFORMATION ON IPO ISSUE
About FabIndia
Fabindia was originally incorporated as ‘Fabindia Overseas Private Limited’, on December 14, 1976. Fabindia is a consumer lifestyle platform with an established 62-year legacy focused on authentic, sustainable, and Indian traditional lifestyle products. The company offers a diverse portfolio of lifestyle products to the customers across Apparel and Accessories, Home and Lifestyle, Personal Care, and Organic Food categories
Object of the Issue
- Voluntary redemption of NCDs issued by the Company and the accrued interest thereon
- Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the company and the accrued interest thereon
- General corporate purposes
FabIndia - PROMOTERS
| Name |
|---|
| Bimla Nanda Bissell |
| William Nanda Bissell |
| Monsoon Latane Bissell |
| Madhukar Khera |
| JLB Partners Holding, Inc. |
FabIndia - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Gyanendra Nath Gupta | Chairman & Independent Director |
| William Nanda Bissell | Executive Vice-Chairman & Director |
| Viney Singh | Managing Director |
| Mukesh Kumar Chauhan | Executive Director |
| Yoav Lev | Non-Executive Director |
| Vijai Kumar Kapoor | Non-Executive Director |
| Aditya Ghosh | Non-Executive Director |
| Monsoon Latane Bissell | Non-Executive Director |
| Nikhil Khera | Non-Executive Director |
| Tekkethalakal Kurien Kurien | Non-Executive Director |
| Saurabh Navinchandra Mehta | Independent Director |
| Prakash Parthasarathy | Independent Director |
| Richard Frank Celeste | Independent Director |
| Smita Mankad | Independent Director |
FabIndia Book Running Lead Manager
ICICI Securities Limited
fabindia.ipo@icicisecurities.com
Credit Suisse Securities (India) Private Limited
list.fabindiaipo@creditsuisse.com
J.P. Morgan India Private Limited
fabindia_ipo@jpmorgan.com
Nomura Financial Advisory and Securities (India) Private Limited
fabindiaipo@nomura.com
SBI Capital Markets Limited
fabindia.ipo@sbicaps.com
Equirus Capital Private Limited
fabindia.ipo@equirus.com
FabIndia Registrar to the Offer
Link Intime India Private Limited
fabindia.ipo@linkintime.co.in
FabIndia Strengths
Leading consumer lifestyle platform
Leading consumer lifestyle platform focused on authentic craft-based and organic products
Positioned to address growth in demand
Positioned to address growth in demand for high-quality Indian lifestyle and organic products
Sustainable-by-design
‘Sustainable-by-design’ business model which prioritizes the interests of our Supplier Community
Omni-Channel Presence
Established sourcing base and supply chain infrastructure and Omni-Channel Presence
Capital efficient business model
Capital efficient business model, with a track record of delivering growth and return on capital
FabIndia Risks
COVID-19 pandemic
The COVID-19 pandemic has had, and may in the future continue to have, particularly on the ability or desire of customers to visit our stores
Incurred losses
The company has incurred losses in the past
Pricing pressures
The growth of online retailers may create pricing pressures, increase competition
Highly competitive markets
The company operates in highly competitive markets in each of its product segments in both the offline and online channels
Seasonality
The sale of products is affected by seasonality
IPO FAQs
The promoters of the company are Bimla Nanda Bissell, William Nanda Bissell, Monsoon Latane Bissell, Madhukar Khera and JLB Partners Holding, Inc..
The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.