15 Oct 2025 | 5 Mins Read
Fossil India reportedly eyes $400 million IPO
Flipitmoney
Fossil Group Inc is considering an initial public offering (IPO) of its Indian arm, Fossil India Pvt, with plans to raise $300-400 million by selling up to 25% stake. Hyundai Motor and LG Electronics have successfully listed their Indian units, amid rising investor demand. Fossil's Indian arm generated 8.68 billion rupees revenue and 704 million rupees net income in the 2024 fiscal year.