Indian apparel retailer Fabindia said on Monday it has withdrawn its plan for a $482 million initial public offering amid rough market conditions, becoming the latest company to scrap listing plans as interest rate worries pressure stock markets.

Indian retailer Fabindia scraps $482 million IPO amid uncertain market conditions

fabindia-scraps-ipo

Fabindia Scraps Ipo, News on Fabindia Scraps Ipo, stories on Fabindia Scraps Ipo, articles on Fabindia Scraps Ipo, Fabindia Scraps Ipo stories at Wion, Fabindia Scraps Ipo news, Fabindia Scraps Ipo latest news

fabindia scraps-ipo

Indian retailer Fabindia scraps $482 million IPO amid uncertain market conditions