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.