Azim Premji-backed FabIndia seeks Rs 3,700 crore in IPO
Mumbai, 7/12:FabIndia, a retailer of clothing and furniture inspired by traditional Indian crafts, plans to file preliminary documents for an initial public offering of as much as $500 million (approximately Rs 3,700 crore), according to people familiar with the matter. The Delhi-based company, whose backers include PremjiInvest, the family office of Wipro Ltd. founder…
