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Fab India received Sebi nod to go ahead for its IPO

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Fabindia Company Details
FabIndia is a consumer lifestyle platform with an established 62-year legacy focused on authentic, sustainable and Indian traditional lifestyle products. Its brands, ‘Fabindia’ and ‘Organic India’ are well recognized brands in India, with focus on the core principles of “Celebrating India” and “Healthy Conscious Living”, respectively.
It offers a diverse portfolio of lifestyle products to its customers across Apparel and Accessories, Home and Lifestyle, Personal Care and Organic Food categories. It delivers an omnichannel experience with its panIndia network of 309 Fabindia stores and Experience Centers, 74 Organic India stores and a network of retail touchpoints for Organic India (including general trade stores, modern trade stores and chemists), as of September 30, 2021, and its online platforms www.fabindia.com, www.organicindia.com, its mobile application, ‘Fabindia’ and third party marketplaces.

Its business model is focused on sustainability by design and it hs sought to create a differentiated supply-side community through a model of engaging a network of artisans (through its arrangements with contract manufacturers who, in turn, engage with such artisans) and farmers across India.

Its business is driven by its focus on India, its traditions, its people, and its environment. It considers craft to be one of India’s most significant traditions, and engage with artisans through its Contract Manufacturers, to help this cultural heritage endure.

The business began in 1960 when John Bissell set up an Indian branch of an overseas company, Fabindia Inc., which was engaged in the export of home furnishings, and it subsequently entered the ethnic apparel category. The Company was incorporated in 1976 and continued focusing on the ethnic apparel category. It acquired a 40.00% stake in Organic India in 2013.
In addition to the above primary business verticals, it also offers healthy dining with regionally inspired foods and beverages through its subsidiary, FabCafe. As of the date of the DRHP the Company holds
a 68.46% stake in FabCafe.For more information , Click : www.fabindia.com

The Promoters of Fabindia
Bimla Nanda Bissell , William Nanda Bissell , Monsoon Latane Bissell , Madhukar Khera & JLB Partners Holding Inc

Fabindia IPO Main Objects
The Offer comprises of the Fresh Issue & offer for Sale .
The Company proposes to utilise the Net Proceeds towards towards the following objects
1. Voluntary redemption of NCDs issued by the Company and the accrued interest thereon
2. Prepayment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company and the accrued interest thereon

Fabindia Solutions IPO Details
IPO opens on (?) , 2022
IPO closes on (?) ,2022
Issue Type: Book Built Issue IPO
Issue : up to 36,364,838 Shares /Rs 200 Crore
* Fresh Issue of (?) Sh/ Rs.500 Cr
* Offer for Sale Up to 25,050,543 Sh/ Rs. ?Cr

Face Value per share : Rs. 1

Fabindia IPO Price Band Per Equity Share: Rs. (?)
Fabindia IPO Retail Lot Size (?) Shares
Fabindia Listing will at BSE,NSE

Shares offered to
QIB (?%) ?Shares = Rs (?) Cr
NII (?%) ?Shares = Rs (?) Crs
RII (?%) ? Shares = Rs (?) Crs
Lot size: (?) Shares = (?) Forms
Min Retail Application : (?) Sh , Rs. (?)
Max Retail Application : (?) Sh, Rs (?)

Fabindia IPO Tentative timeTable
Fabindia IPO Allotment on ? 2022
Unblocking of ASBA ? 2022
Credit to Demat Accounts ? 2022
Fabindia on ? 2022

Fabindia IPO Financial & Analytical Ratios
Earnings per Share 2019-20 Rs 2.99
Earnings per Share 2020-21,Rs (7.40)
Earnings per Share 2021-22 6M Rs (3.10)
Book Value of the Share as on 31.3.2021 Rs 43.99
Return on Net Worth: 19-20 5.67 %
Return on Net Worth: 20-21: (16.65)%
Return on Net Worth: 20-21 6M : (7.58)%
Equity Shares prior to the IPO : 147,779,475 Shares

Ratio Analysis
Upper Price Band/last EPS:
Upper offer price/Book Value Ratio
Upper offer price/BV after IPO Ratio:

Fabindia IPO Peer Comparison:
Aditya Birla Fashion @ PE Multiple of NM
TCNS Clothing @ PE Multiple of NM
Tata Consumer @ PE Multiple of 78.70
Dabur India @ PE Multiple of 59.04
.

Fabindia IPO Lead Managers 
ICICI Securities,Credit SuisseJ.P. Morgan, Nomura Financial Advisory, SBI Capital Markets, Equirus,
Registrar to Fabindia IPO
Linkintime India pvt ltd

Registered Office of Fabindia
Plot No. 10, Local Shopping Complex Sector B, Pocket – 7,Vasant Kunj, New Delhi 110 070
Company Secretary & Compliance Officer : Monika Uppal Arora

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