The FabIndia Limited IPO date has been confirmed from January 31, 2024, and closes on February 2, 2024. Read the post to learn about Fabindia Limited IPO GMP.
FabIndia Limited IPO is a fixed-price offering of Rs 8.06 crore. The price is ₹101 per share. The minimum lot size for an application is 1200 shares. The minimum investment for retail investors is ₹121,200. The minimum investment for HNI is 2 lots (2,400 shares) worth ₹242,400.
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Key Details Of Fabindia Limited IPO:
Bidding Dates
Jan 31-Feb 2
Price Range
₹101 per share
Face Value
₹10 per share
GMP
₹50
FabIndia Limited IPO GMP
The Fabindia Limited IPO GMP Today is ₹50.
FabIndia Limited IPO Overview
Fabindia Limited’ IPO is a fixed-price offering worth Rs 8.06 crore. The issue is entirely fresh, with 7.98 lakh shares issued. Fabindia Limited’ initial public offering (IPO) subscriptions on January 31, 2024 and end on February 2, 2024. The allotment for Fabindia Limited’ IPO is expected to be finalised and completed on Monday, February 5, 2024. Fabindia Limited’ initial public offering (IPO) will be listed on BSE SME on Wednesday, February 7, 2024. Fabindia Limited’ IPO price is ₹101/share.
The minimum lot size for an application is 1200 shares. The minimum investment for retail investors is ₹121,200. The minimum investment for HNI is 2 lots (2,400 shares) worth ₹242,400. As of October 31, 2023, the firm employed 26 people at its production facility and office.
FabIndia Limited IPO Details
| IPO Date | January 31, 2024 to February 2, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹101 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 798,000 shares (aggregating up to ₹8.06 Cr) |
| Fresh Issue | 798,000 shares (aggregating up to ₹8.06 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,848,840 |
| Share holding post issue | 2,646,840 |
| Market Maker portion | 44,400 shares |
FabIndia Limited Information
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,067.69 | 742.16 | 491.96 | 106.64 |
| Revenue | 451.90 | 1,500.60 | 968.57 | 7.70 |
| Profit After Tax | 17.30 | 51.96 | -3.68 | |
| Net Worth | 203.30 | 249.41 | 183.74 | 98.19 |
| Reserves and Surplus | 18.42 | |||
| Total Borrowing | 630.91 | 297.48 | 273.06 | |
| Amount in ₹ Lakhs | ||||
FabIndia Limited IPO Timeline
| IPO Open Date | Wednesday, January 31, 2024 |
| IPO Close Date | Friday, February 2, 2024 |
| Basis of Allotment | Monday, February 5, 2024 |
| Initiation of Refunds | Tuesday, February 6, 2024 |
| Credit of Shares to Demat | Tuesday, February 6, 2024 |
| Listing Date | Wednesday, February 7, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 2, 2024 |
Company Profile
FabIndia began the journey in 1960 as an Indian affiliate of Fabindia Inc., a foreign corporation. Initially, the firm shipped home goods to countries like the United States, Europe, and the Middle East. However, it rapidly expanded into the ethnic fashion industry and eventually became an iconic brand.
FabIndia is well-known for working with rural artisans such as weavers, craftspeople, and farmers (via contract manufacturers) and has a presence throughout India. It has 309 Fabindia shops and experience centres around the country.
In 2013, it added Organic India, a merchant of organic items, to its cart. This component of the corporation operates 74 outlets. Organic India goods are also sold at retail outlets such as general trade stores, contemporary trade stores, and pharmacies.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Fabindia Limited Limited |
| Phone number | +91 8849254043 |
| Email ID | [email protected] |
| Website | fabindialimited.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
FabIndia Limited IPO FAQs
How to apply for the FabIndia IPO?
You can apply on Upstox’s website and app, once the FabIndia IPO opens for subscription.
What’s the size of the FabIndia IPO?
The size of the FabIndia IPO has not been announced yet.
How many bids can I place for the FabIndia IPO?
You can place up to three bids for an application.
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