Fabindia: Fabindia scraps IPO plans considering present market situation

The company has withdrawn its Draft Red Herring Prospectus (DRHP) filed with market watchdog Sebi for a public listing New Delhi: Leading retailer of artisan products and lifestyle items Fabindia on Monday said it has shelved its plans to launch an initial public offering of around Rs 4,000 crore size due to present volatile market [...]The post Fabindia scraps IPO plans considering present market situation appeared first on India Retailing.