Indian apparel retailer Fabindia said on Monday it has withdrawn its plan for a $482 million initial public offering amid rough market conditions, becoming the latest company to scrap listing plans as interest rate worries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

shares-of-fab-india

Shares Of Fab India, News on Shares Of Fab India, stories on Shares Of Fab India, articles on Shares Of Fab India, Shares Of Fab India stories at Wion, Shares Of Fab India news, Shares Of Fab India latest news

shares of-fab-india

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