FabIndia IPO
FabIndia IPO is a Mainboard book-built issue comprising a Fresh Issue of up to ₹500 crore and an Offer for Sale of up to 25,050,543 equity shares. The IPO is proposed to be listed on BSE and NSE, while the price band, IPO dates and lot size are yet to be
FabIndia IPO Details
FabIndia IPO is the proposed initial public offering of FabIndia Limited, an Indian consumer lifestyle platform operating across apparel and accessories, home and lifestyle, personal care and organic food categories. The IPO comprises a Fresh Issue of up to ₹500 crore and an Offer for Sale of up to 25,050,543 equity shares. The IPO price band, opening date, closing date and lot size are yet to be announced.
FabIndia IPO Timeline (Tentative)
FabIndia IPO dates have not yet been announced. The company is currently in the IPO process and the latest available filing does not provide the final Bid/Offer Opening Date, Closing Date, Basis of Allotment Date or Listing Date. These dates will be updated after the company announces the final IPO schedule.
| Event | Tentative Date |
|---|---|
| IPO Opens | |
| IPO Closes | |
| Basis of Allotment | |
| Refund Initiation | |
| Credit of Shares to Demat | |
| Listing Date |
FabIndia IPO Lot Size
The FabIndia IPO lot size has not yet been announced. The company has not disclosed the final price band or minimum bid lot in the currently available IPO information. Therefore, the minimum investment amount for Retail, S-HNI and B-HNI investors will be available after the price band and lot size are finalized.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | |||
| Retail (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
FabIndia IPO Reservation
FabIndia IPO provides for allocation to Qualified Institutional Buyers, Non-Institutional Investors and Retail Individual Investors in accordance with the applicable IPO reservation framework. The exact number of shares allocated to each category will be finalized in the final offer documents after the issue size and price band are determined. The earlier filed offer document provided for not more than 75% to QIBs, not less than 15% to NII and not less than 10% to Retail Individual Investors.
FabIndia IPO Subscription
FabIndia IPO subscription status will be updated after the issue opens for bidding. The IPO is currently in the pre-issue stage, so no QIB, NII, Retail or overall subscription figures are available.
| Category | Subscription (times) |
|---|---|
| QIB | |
| NII | |
| RII | |
| Total |
About FabIndia
FabIndia Limited is an Indian consumer lifestyle company offering products inspired by traditional Indian techniques, materials and craftsmanship. The company operates across apparel and accessories, home and lifestyle, personal care and organic food categories. Its principal brands include Fabindia and Organic India.
The company has developed an omnichannel retail model combining physical stores with its own digital platforms and third-party marketplaces. Its product portfolio covers ethnic and western apparel for women, men and children, footwear, bags, jewellery, stoles, shawls and other accessories, along with furniture, home furnishings, décor and lifestyle products.
FabIndia also operates in personal care and organic food. Its personal-care portfolio includes skincare, haircare and fragrances, while the organic-food business includes teas, infusions, staples, healthy snacks, preserves, supplements and other wellness-oriented products. The company has historically worked with artisans, farmers, contract manufacturers and community-based supplier networks across India.
The company was incorporated in 1976 and has built its business around sourcing products and produce through artisan and farmer networks and selling them through an established retail and digital distribution platform. The latest IPO information identifies FabIndia as a New Delhi-based retail company with a presence across apparel, home and lifestyle, personal care and organic food categories.
Strengths
- Established consumer lifestyle brand with a long operating history in India.
- Diversified product portfolio covering apparel and accessories, home and lifestyle, personal care and organic food.
- Omnichannel business model combining physical stores, own digital platforms and third-party marketplaces.
- Established sourcing network involving artisans, farmers, contract manufacturers and supplier communities.
- Presence across multiple lifestyle and consumption categories provides diversification beyond apparel.
- Fabindia and Organic India are established brands within the company's consumer portfolio.
Risks to Consider
- The company operates in highly competitive retail and consumer lifestyle markets across its product categories.
- The company has incurred losses in recent reporting periods, including the latest annualised FY2026 period.
- Consumer spending patterns, discretionary demand and changes in fashion preferences can affect sales.
- The business depends on contract manufacturers, artisans, farmers and other suppliers for product availability and sourcing.
- The company operates through both online and offline channels and faces competition from established brands, marketplaces and other lifestyle retailers.
- Borrowings and finance costs can affect profitability and cash flows, particularly when operating margins are under pressure.
FabIndia Financials (₹ Cr)
FabIndia reported annualised FY2026 revenue of ₹1,112.08 crore compared with ₹1,059.64 crore in FY2021. Annualised FY2026 EBITDA stood at ₹130.26 crore, while PAT was a loss of ₹103.46 crore. The company reported total assets of ₹2,324.58 crore and net worth of ₹520.32 crore for the latest financial period shown in the available IPO financial information.
| Period | Revenue | PAT | Total Assets | Net Worth |
|---|---|---|---|---|
| FY2026 (Annualised) | ₹1,112.08 Cr | ₹(103.46) Cr | ₹2,324.58 Cr | ₹520.32 Cr |
| FY2021 | ₹1,059.64 Cr | ₹(115.63) Cr | ₹2,103.00 Cr | ₹757.24 Cr |
| FY2020 | ₹1,508.05 Cr | ₹34.15 Cr | ₹2,466.04 Cr | ₹850.29 Cr |
| FY2019 | ₹1,474.31 Cr | ₹87.27 Cr | ₹2,130.85 Cr | ₹862.58 Cr |
KPIs & Valuation
FabIndia reported an annualised FY2026 EBITDA margin of 11.71%, PAT margin of -9.30%, ROE of -9.94% and ROCE of -5.24%. The company had a debt-to-equity ratio of 1.36x for the latest financial period. The IPO price band has not been finalized, so Pre-IPO P/E, Post-IPO P/E and other price-dependent valuation metrics cannot currently be calculated.
Objects of the Issue
The FabIndia IPO Fresh Issue proceeds are proposed to be used for debt-related purposes and general corporate purposes. The earlier offer documents specified ₹250 crore towards voluntary redemption of non-convertible debentures and ₹125 crore towards prepayment or scheduled repayment of certain outstanding borrowings, with the remaining proceeds proposed for general corporate purposes. The exact allocation in the latest offer document will be updated when the final issue terms are available. The company proposed to utilise the IPO proceeds for:
- Voluntary redemption of NCDs issued by the Company and the accrued interest thereon.
- Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company and the accrued interest thereon.
- General corporate purposes.
Promoters, Lead Managers & Registrar
FabIndia Limited is promoted by Bimla Nanda Bissell, William Nanda Bissell, Monsoon Latane Bissell, Madhukar Khera and JLB Partners Holding Inc. The Book Running Lead Managers for the IPO are Credit Suisse Securities (India) Private Limited, Equirus Capital Private Limited, ICICI Securities Limited, J.P. Morgan India Private Limited, Nomura Financial Advisory and Securities (India) Private Limited and SBI Capital Markets Limited. Link Intime India Private Limited is the Registrar to the Offer.
Promoters
Lead Managers (BRLM)
Registrar
| Name | Link Intime India Private Limited |
|---|---|
| Phone | +91 22 4918 6200 |
| fabindia.ipo@linkintime.co.in | |
| Website | www.linkintime.co.in |
FabIndia IPO Review
FabIndia has established itself as a consumer lifestyle platform with a diversified product portfolio spanning apparel, home and lifestyle, personal care and organic food. Its business model combines traditional sourcing networks with organised retail and digital distribution.
The company's latest available financial information shows revenue of ₹1,112.08 crore on an annualised FY2026 basis, compared with ₹1,059.64 crore in FY2021. EBITDA was ₹130.26 crore in the annualised FY2026 period, while the company reported a PAT loss of ₹103.46 crore. The PAT loss was narrower than the ₹115.63 crore loss reported in FY2021.
FabIndia's diversified product categories and omnichannel distribution provide multiple avenues for generating revenue. Its long-standing relationship with artisans, farmers and other suppliers is also an important part of its business model and brand positioning.
However, the company remains exposed to competitive retail conditions, consumer demand, fashion and lifestyle trends, supplier dependencies and profitability pressures. Since the final IPO price has not been announced, valuation metrics such as P/E and post-issue market capitalisation cannot currently be calculated.
How to Apply
FabIndia IPO applications can be made through the ASBA facility or through supported UPI-enabled IPO application platforms after the issue opens for subscription. The exact application amount and minimum bid lot will depend on the final price band and lot size announced by the company.
Through UPI
- Log in to your stockbroker app/website.
- Go to the IPO section.
- Select FabIndia IPO.
- Enter the number of lots you want to apply for.
- Select the bid price. Retail investors can generally choose Cut-off when available.
- Enter your valid UPI ID.
- Submit the IPO application.
- Open your UPI app when the mandate request arrives.
- Approve the mandate using your UPI PIN.
- The application amount will be blocked in your bank account. If shares are allotted, the required amount will be debited; otherwise, the blocked amount will be released.
Prospectus & Documents
Investors can refer to the FabIndia IPO DRHP and subsequent offer documents for detailed information about the company's business, financial performance, risk factors, promoters, offer structure and utilisation of IPO proceeds. The earlier DRHP was filed with SEBI in January 2022, while FabIndia is currently shown in the 2026 IPO pipeline with a September 2026 DRHP filing. The RHP and Prospectus will be added once the respective documents are filed and available.
Last updated Sep 30, 2026.