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Ethnic wear retailer Fabindia has filed the draft red herring prospectus (DRHP) with SEBI to launch an IPO in 2022, reported Moneycontrol. The offer reportedly comprises a fresh issue of ₹500 crore and an offer for sale of around 2.5 crore equity shares. Fabindia's promoters, Premji Invest, Bajaj Holdings and Investment and the Nilekani family are among selling shareholders.
short by Hiral Goyal / 07:56 pm on 22 Jan
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